NOT LISTED FOR SALE

401 Lawrence St Ann Arbor, MI 48104

Old Fourth Ward Neighborhood

Estimated Value: $1,456,388

5 Beds
2 Baths
1,500 Sq Ft
7,841 Sq Ft Lot

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Bathroom on Main Level
  • 4-minute walk to Sculpture Plaza
  • Bach Elementary School Rated A
  • Hot Water Heating System

About This Home

As of March 2016

Beautifully remodeled Kerrytown charmer. Unit 2 is available September 1st, 2016 and offers a beautiful 5 bedroom/2 full bath flat apartment on the second floor in the heart of Kerrytown Kerrytown. Updated mechanicals, paint, roof, and laundry make this a lovely campus rental. Laundry in basement- one dedicated parking space. Lots of street parking. Max occupancy: 6

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,998

Year Built

  • 1901

Lot Details

  • 7,841

Parking

  • 1 Parking Garage Space

Interior Spaces

  • 1,500 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Skyline High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Window Unit Heating System
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable/satellite, electricitiy
  • The owner pays for heat, lawn/yard care, sewer, snow removal, water

Condo Details

Home Type

Condominium

Est. Annual Taxes

$41,998

Year Built

1901

Lot Details

0

Rental Info

  • Owner Pays: Heat, Lawn/Yard Care, Sewer, Snow Removal, Water
  • Tenant Pays: Cable/Satellite, Electricitiy

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential Lease
  • ResoPropertyType: ResidentialLease
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1500.0
  • Substructure:Full: Yes
  • Air Conditioning:Window Unit(s)2: Yes
  • General Property Info:_pound_ of Assigned Spaces: 1.0
  • Air Conditioning:Wall Unit(s)2: Yes
  • Heat Type:Hot Water2: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1901

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Refrigerator
  • Accessibility Features: Main Floor Bath
  • Fireplace: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1500.0
  • Appliances Provided:Dishwasher2: Yes
  • Appliances Provided:Disposal2: Yes
  • Appliances Provided:Microwave2: Yes
  • Appliances Provided:Refrigerator2: Yes
  • Access Feat Avail:Main Floor Bath: Yes

Exterior Features

  • List Price: 3250.0

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes

Association/Amenities

  • Other Amenities:Sidewalk2: Yes
  • Other Amenities:Cable Hookup: Yes

Schools

  • Elementary School: Bach
  • High School: Skyline
  • Middle/Junior School: Slauson

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7710.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2016
Sold by
Yun Sung Y
Bought by
401 Lawrence Llc
Current Estimated Value
$1,456,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.46%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Detter Raymond A
Bought by
Yun Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
401 Lawrence Llc $1 --
Yun Sung $785,000 Central Title & Metropolitan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 401 Lawrence Llc $7,831,000
Closed 401 Lawrence Llc --
Previous Owner 401 Lawrence Llc $1,800,000
Previous Owner Yun Sung $366,000
Previous Owner Yun Sung $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Rented $3,000 -7.7% --
03/22/2016 03/22/16 Under Contract -- -- --
02/20/2016 02/20/16 For Rent $3,250 -- --
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 $41,998 $934,100 $0 $0
2024 $35,285 $854,200 $0 $0
2023 $32,581 $921,200 $0 $0
2022 $39,434 $845,900 $0 $0
2021 $38,320 $799,000 $0 $0
2020 $37,114 $700,800 $0 $0
2019 $35,402 $664,800 $664,800 $0
2018 $34,733 $564,600 $0 $0
2017 $33,506 $532,400 $0 $0
2016 $23,344 $377,281 $0 $0
2015 $22,386 $376,153 $0 $0
2014 $22,386 $364,400 $0 $0
2013 -- $364,400 $0 $0
Source: Public Records

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25469

Southwestern Michigan Association of REALTORS®

APN: 09-29-103-001

Michigan Washtenaw County Ann Arbor 48104 Old Fourth Ward

401 Lawrence St, Ann Arbor, MI

This home is located at 401 Lawrence St, Ann Arbor, MI 48104 since 20 February 2016 and is currently priced at $1,456,388. This property was built in 1901. 401 Lawrence St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline High 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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