NOT LISTED FOR SALE

Estimated Value: $463,000 - $539,000

4 Beds
1 Bath
-- Sq Ft
5,619 Sq Ft Lot

Last Sold March 23, 2017

Last sale price $228,500

Est. 121% increase in value since last sale

Current estimated payment $3,588/month

27 Days on Market

About This Home

As of March 2017

This home is located at 406 Montgomery Ave, Ann Arbor, MI 48103 since 16 February 2017 and is currently estimated at $500,075. This property was built in 1961. 406 Montgomery Ave is a home located in Washtenaw County with nearby schools including Eberwhite Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Douglas Ziesemer

RE/MAX Platinum Listed on: 02/16/2017

Last Buyer's Agent

Doug Ziesemer

Anchorage Commercial, LLC. License #6501379708

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 55 x 102 x 55 x 102

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1961
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 55 x 102 x 55 x 102
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 5955.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • Substructure:Slab: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Other
  • List Price: 209900.0

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Schools

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

Lot Info

  • Lot Dimensions: 55 x 102 x 55 x 102
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5955.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2018
Sold by
Conway James A and Wang Hui
Bought by
Siena Properties Llc
Current Estimated Value
$504,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$136,304
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$358,178

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 23, 2017
Sold by
Belkamp Eugene E and Belkamp Becky J
Bought by
Conway James Albert and Wang Hui
Seller's Agent
Douglas Ziesemer
RE/MAX Platinum
Buyer's Agent
Doug Ziesemer
Anchorage Commercial, LLC.
List Price
$209,900
Sold Price
$228,500
Premium/Discount to List
$18,600
8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$171,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 1994
Sold by
Carlson Marc E
Bought by
Belknap Eugene E and Belknap Becky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,450
Interest Rate
8.86%
Mortgage Type
New Conventional
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
Siena Properties Llc -- None Available
Conway James Albert $191,000 None Available
Belknap Eugene E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siena Properties Llc $160,000
Previous Owner Conway James Albert $171,000
Previous Owner Belknap Eugene E $72,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2017 03/23/17 Sold $228,500 +8.9% --
03/15/2017 03/15/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $209,900 -- --
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 $9,889 $203,100 $0 $0
2024 $8,309 $189,200 $0 $0
2023 $7,672 $172,400 $0 $0
2022 $9,286 $171,800 $0 $0
2021 $9,023 $161,900 $0 $0
2020 $8,739 $162,300 $0 $0
2019 $8,336 $161,200 $161,200 $0
2018 $8,179 $128,000 $0 $0
2017 $6,477 $108,300 $0 $0
2016 $6,311 $102,000 $0 $0
2015 $4,324 $72,663 $0 $0
2014 $4,324 $70,393 $0 $0
2013 -- $70,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23063295

Southwestern Michigan Association of REALTORS®

APN: 09-30-421-013