NOT LISTED FOR SALE

418 N Division St Ann Arbor, MI 48104

Old Fourth Ward Neighborhood

Estimated Value: $3,113,755

-- Bed
12 Baths
7,038 Sq Ft
$442/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $2,040,000 $290 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $21,861/month

1 Day on Market

Highlights

  • Laundry Facilities
  • Bach Elementary School Rated A
  • 5-minute walk to Sculpture Plaza

About This Home

As of December 2019

This home is located at 418 N Division St, Ann Arbor, MI 48104 since 12 December 2019 and is currently estimated at $3,113,755, approximately $442 per square foot. This property was built in 1901. 418 N Division St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline High School.

Last Agent to Sell the Property

Don Wurtzel

Cornerstone Real Estate License #6501366612 Listed on: 12/12/2019

Cornerstone Real Estate

Last Buyer's Agent

Don Wurtzel

Cornerstone Real Estate License #6501366612 Listed on: 12/12/2019

Cornerstone Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,455

Year Built

  • Built in 1901

Lot Details

  • 0.3

Parking

  • 12 Parking Spaces

Schools

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

Additional Features

  • Partial Basement
  • 0.3 Acre Lot

Community Details

  • 12 Units
  • Laundry Facilities
  • Gross Income $126,000

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,455

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 19455.0
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 12
  • Substructure:Partial: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Slauson Middle School
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 2040000.0

Garage/Parking

  • Total Parking Spaces: 12.0
  • General Property Info:Total Parking Spaces: 12.0

Schools

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

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: R4C
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 126000.0
  • Number of Units Total: 12

Tax Info

  • Tax Annual Amount: 19455.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Dec 12, 2019
Sold by
Warren D Mclean Trust
Bought by
418 North Division Llc
Seller's Agent
Don Wurtzel
Cornerstone Real Estate
Buyer's Agent
Don Wurtzel
Cornerstone Real Estate
List Price
$2,040,000
Sold Price
$2,040,000
Current Estimated Value
$3,113,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,755
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Nov 22, 2006
Sold by
Gill Melanie R
Bought by
Mclean Warren D

Purchase Details

Closed on
Sep 1, 1995
Sold by
Helen R Mclean Trust
Bought by
Mclean Warren D
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
418 North Division Llc -- Devon Title Agency
Mclean Warren D -- None Available
Mclean Warren D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 625 N Fourth Ave Llc $6,500,000
Closed 418 North Division Llc $4,740,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $2,040,000 0.0% $290 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $2,040,000 -- $290 / 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 $59,135 $1,062,400 $0 $0
2024 $49,682 $934,500 $0 $0
2023 $45,876 $991,600 $0 $0
2022 $54,298 $915,400 $0 $0
2021 $48,211 $829,400 $0 $0
2020 $47,921 $713,600 $0 $0
2019 $18,578 $694,900 $694,900 $0
2018 $19,455 $590,000 $0 $0
2017 $17,584 $560,400 $0 $0
2016 $13,682 $276,904 $0 $0
2015 $16,430 $276,076 $0 $0
2014 $16,430 $267,450 $0 $0
2013 -- $267,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Wurtzel

    Seller's Agent in 2019

    Don Wurtzel

    Cornerstone Real Estate

    (734) 649-0807

    191 Total Sales

    Don Wurtzel
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19854

Southwestern Michigan Association of REALTORS®

APN: 09-29-103-021

Michigan Washtenaw County Ann Arbor 48104 Old Fourth Ward

418 N Division St, Ann Arbor, MI

This home is located at 418 N Division St, Ann Arbor, MI 48104 since 12 December 2019 and is currently estimated at $3,113,755, approximately $442 per square foot. This property was built in 1901. 418 N Division 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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