NOT LISTED FOR SALE

3524 Meadow Grove Trail Ann Arbor, MI 48108

Estimated Value: $389,000 - $457,000

2 Beds
3.5 Baths
2,186 Sq Ft
$89/mo HOA Fee

Last Sold December 17, 2012

Last sale price $195,000 $89 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,656/month

1 Day on Market

Highlights

  • Breakfast Area or Nook
  • Bryant Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2012

Immaculate Condo With Many Upgrades In Premium Location. Unit Backs Up To Peaveful, Wooded Area Of Mature Trees. Large Kitchen Withadjoining Eating Area. Two Master Suites Plus Study. Fully Finished Lower Level With Third Full Bath. Low Township Taxes And Ann Arbor Schools. Close To Freeways, U Of M Athletic Complex, Shoppingand Downtown.

Last Agent to Sell the Property

Peter Schaberg

Howard Hanna Real Estate License #6501358874 Listed on: 10/13/2012

Howard Hanna Real Estate

Last Buyer's Agent

Timothy Powell

The Charles Reinhart Company License #6506046764

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1996

Lot Details

  • Property fronts a private road

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • Ann Arbor Elementary And Middle School
  • Ann Arbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,963

Year Built

Built in 1996

Lot Details

0

HOA Fees

$89 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1996
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2186.0
  • Tax Info:Annual Property Tax: 2963.0
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Substructure:Daylight: Yes
  • General Property Info:SqFt Above Grade: 1491.0
  • Additional Items:Basement Finished: Yes
  • General Property Info Elementary School2: Ann_arbor
  • General Property Info High School: Ann_arbor
  • General Property Info Middle School2: Ann_arbor
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight, Full
  • LivingArea: 2186.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 695.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 695.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 199900.0
  • Road Frontage Type: Private Road
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage Type:_two_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 266.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 266.0
  • Association Info:Assoc Fee Payable: Quarterly

Schools

  • Elementary School: Ann_arbor
  • High School: Ann_arbor
  • Middle/Junior School: Ann_arbor

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2963.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2012
Closed on
Dec 17, 2012
Sold by
Lutz Joan A
Bought by
Kim Hyung Chul
Seller's Agent
Peter Schaberg
Howard Hanna Real Estate
Buyer's Agent
Timothy Powell
The Charles Reinhart Company
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$412,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,326
Avg. Annual Appreciation
6.02%
Original Mortgage
$156,000
Outstanding Balance
$28,717
Interest Rate
3.38%
Estimated Equity
$383,609

Purchase Details

Closed on
Apr 26, 1996
Sold by
Meadow Grove Dev Co
Bought by
Lutz Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.78%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim Hyung Chul $195,000 None Available
Lutz Joan A $149,748 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Hyung Chul $156,000
Previous Owner Lutz Joan A $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2012 12/17/12 Sold $195,000 -2.5% $89 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
10/13/2012 10/13/12 For Sale $199,900 -- $91 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,475 $184,765 $0 $0
2024 $2,993 $175,565 $0 $0
2023 $2,876 $157,400 $0 $0
2022 $4,333 $143,900 $0 $0
2021 $4,228 $142,400 $0 $0
2020 $4,147 $137,600 $0 $0
2019 $3,902 $126,500 $126,500 $0
2018 $3,845 $122,700 $0 $0
2017 $3,721 $124,300 $0 $0
2016 $2,391 $94,009 $0 $0
2015 -- $93,728 $0 $0
2014 -- $90,800 $0 $0
2013 -- $90,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Peter Schaberg

    Howard Hanna Real Estate

    (734) 223-2998

    14 Total Sales

    Peter Schaberg
    Section Image
  • Timothy Powell

    Buyer's Agent in 2012

    Timothy Powell

    The Charles Reinhart Company

    (734) 216-6168

    29 in this area

    162 Total Sales

    Timothy Powell
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23096844

Southwestern Michigan Association of REALTORS®

APN: 12-07-415-005

Michigan Washtenaw County Ann Arbor 48108

3524 Meadow Grove Trail, Ann Arbor, MI

This home is located at 3524 Meadow Grove Trail, Ann Arbor, MI 48108 since 13 October 2012 and is currently estimated at $412,326, approximately $188 per square foot. This property was built in 1996. 3524 Meadow Grove Trail is a home located in Washtenaw County with nearby schools including Bryant Elementary School, Pattengill Elementary School, and Tappan Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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