NOT LISTED FOR SALE

3847 Prospect Rd Ann Arbor, MI 48105

Estimated Value: $355,324 - $510,000

3 Beds
1 Bath
1,304 Sq Ft
$323/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $205,000 $157 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,574/month

67 Days on Market

Highlights

  • Private Waterfront
  • 0.87 Acre Lot
  • 1 Fireplace
  • Thurston Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of February 2016

Located on Frains Lake with lake frontage and just below and acre of land this 1950's charmer is ready for its newest owners to enjoy its beauty. This home features amazing original character, a fireplace, a view of the lake from your living room. brand new windows throughout, and plenty of basement space for hobbies. Come see what this unique area of Ann Arbor has to offer just minutes from Dixboro Village and in the great Ann Arbor Public School district., Rec Room: Partially Finished, Rec Room: Finished

Last Agent to Sell the Property

Tyler Weston

Real Estate One Inc License #6501366303 Listed on: 12/02/2015

Real Estate One Inc

Last Buyer's Agent

Maura Rains

The Charles Reinhart Company License #6501299830

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,148

Year Built

  • Built in 1950

Lot Details

  • 0.87 Acre Lot
  • Private Waterfront
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,304 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Thurston Elementary School
  • Clague Middle School
  • Huron High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Water Softener Leased
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,148

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1304.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2148.0
  • Tax Info:Zoning3: R-1
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Additional Items:Wood Floor: Yes
  • Garage Type Detached: Yes
  • Additional Items:Water SoftenerRented: Yes
  • General Property Info:SqFt Above Grade: 1304.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Thurston
  • General Property Info High School: Huron
  • General Property Info Middle School2: Clague
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Water Softener/Rented, Wood Floor
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1304.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Other
  • Exterior Features: Fenced Back, Porch(es), Patio
  • List Price: 229900.0
  • Waterfront Features: Private Frontage
  • Waterfront: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Septic System
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes

Schools

  • Elementary School: Thurston
  • High School: Huron
  • Middle/Junior School: Clague

Lot Info

  • Lot Size Acres: 0.87
  • Lot Size Area: 0.87
  • Lot Size Sq Ft: 37897.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2148.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2020
Sold by
Yeagley Emily and Ziemba Aaron
Bought by
Ziemba Aaron D and Yeagley Emily E
Current Estimated Value
$420,831

Purchase Details

Listed on
Dec 2, 2015
Closed on
Feb 12, 2016
Sold by
Folts Christopher M and Marzulla Amy
Bought by
Yeagley Emily and Ziemba Aaron
Seller's Agent
Tyler Weston
Real Estate One Inc
Buyer's Agent
Maura Rains
The Charles Reinhart Company
List Price
$229,900
Sold Price
$205,000
Premium/Discount to List
-$24,900
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$184,500
Outstanding Balance
$147,318
Interest Rate
4%
Estimated Equity
$273,513

Purchase Details

Listed on
Feb 16, 2013
Closed on
Apr 23, 2013
Sold by
Carter Kelly A
Bought by
Folts Christopher M and Marzulla Amy
Seller's Agent
Hillary Ward
The Charles Reinhart Company
Buyer's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$171,000
Interest Rate
3.6%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Gates Thomas A and Hehl Susan L
Bought by
Carter Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
5.3%

Purchase Details

Closed on
Mar 22, 2009
Sold by
Gates Alfred H and Gates Helen M
Bought by
Gates Alfred H and Gates Helen M
Source: Public Records

Range of Values:

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Average Value
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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
Ziemba Aaron D -- None Available
Ziemba Aaron D -- None Available
Yeagley Emily $205,000 None Available
Folts Christopher M $180,000 Liberty Title
Carter Kelly A $165,000 None Available
Gates Alfred H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeagley Emily $184,500
Previous Owner Folts Christopher M $171,000
Previous Owner Carter Kelly A $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2016 02/12/16 Sold $205,000 -10.8% $157 / Sq Ft
02/07/2016 02/07/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $229,900 +27.7% $176 / Sq Ft
04/23/2013 04/23/13 Sold $180,000 -10.0% $138 / Sq Ft View Prior Sale
04/16/2013 04/16/13 Pending -- -- --
02/16/2013 02/16/13 For Sale $199,900 -- $153 / 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 $4,114 $142,800 $0 $0
2024 $2,748 $127,100 $0 $0
2023 $2,640 $116,000 $0 $0
2022 $3,494 $100,100 $0 $0
2021 $3,412 $100,100 $0 $0
2020 $3,425 $97,300 $0 $0
2019 $3,097 $87,000 $87,000 $0
2018 $2,972 $81,100 $40,700 $40,400
2017 $2,787 $72,500 $0 $0
2016 $1,737 $68,989 $0 $0
2015 $2,417 $68,783 $0 $0
2014 $2,417 $62,500 $0 $0
2013 -- $62,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23079050

Southwestern Michigan Association of REALTORS®

APN: 10-09-200-017