NOT LISTED FOR SALE

425 2nd St Ann Arbor, MI 48103

Old West Side Neighborhood

Estimated Value: $662,000 - $698,068

2 Beds
2 Baths
1,694 Sq Ft
$402/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $367,000 $217 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,556/month

16 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Bach Elementary School Rated A
  • Breakfast Area or Nook
  • Forced Air Heating System

About This Home

As of March 2017

Offers due 4pm Friday 2/17. Don't miss this incredible opportunity just steps from downtown Ann Arbor in the desirable Old West Side neighborhood. A little TLC will go a long way in this spacious home. Currently set up as a duplex, it could easily be converted back to a single family home. Main floor unit has a big front living room, formal dining room, large bedroom, full bathroom, and a cozy study. Upper unit has one bedroom, small kitchen, and full bathroom. This property also includes a dry basement and plenty of off street parking. Being sold as is. This one won't last long!

Last Agent to Sell the Property

Lisa Stelter

The Charles Reinhart Company License #6506044898 Listed on: 02/13/2017

The Charles Reinhart Company

Last Buyer's Agent

Martin Bouma

Keller Williams Ann Arbor Mrkt License #6501205750

Keller Williams Ann Arbor Mrkt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1901

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R4C, R4C

Home Design

  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,694 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,223

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1901
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 150.53
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1694.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4223.0
  • Tax Info:Zoning3: R4C
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceramic Floor: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Wood Floor: Yes
  • General Property Info:SqFt Above Grade: 1694.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vinyl Floor: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Slauson
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Wood Floor
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Walk Out, Slab, Full
  • LivingArea: 1694.0
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Porch(es)
  • List Price: 255000.0
  • Lot Features: Sidewalk
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R4C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4223.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
Feb 28, 2017
Sold by
Revocab Hillegonds Karen E and Revocab Christopher K Lauckner
Bought by
Sherman Daniel and Sherman Ellen
Seller's Agent
Lisa Stelter
The Charles Reinhart Company
Buyer's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
List Price
$255,000
Sold Price
$367,000
Premium/Discount to List
$112,000
43.92%
Current Estimated Value
$680,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,517
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Jul 28, 2016
Sold by
Lauckner Christopher K
Bought by
Lauckner Christopher K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sherman Daniel $367,000 Liberty Title
Lauckner Christopher K -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $367,000 +43.9% $217 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $255,000 -- $151 / Sq Ft
Source: MichRIC

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 $11,728 $311,400 $0 $0
2024 $11,728 $290,000 $0 $0
2023 $11,728 $247,900 $0 $0
2022 $10,935 $227,700 $0 $0
2021 $10,677 $217,600 $0 $0
2020 $10,461 $206,100 $0 $0
2019 $9,956 $206,300 $206,300 $0
2018 $9,816 $196,700 $0 $0
2017 $4,178 $197,800 $0 $0
2016 $3,655 $83,544 $0 $0
2015 $4,029 $83,295 $0 $0
2014 $4,029 $80,693 $0 $0
2013 -- $80,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Stelter

    Seller's Agent in 2017

    Lisa Stelter

    The Charles Reinhart Company

    (734) 645-7909

    3 in this area

    219 Total Sales

    Lisa Stelter
    Section Image
  • Martin Bouma

    Buyer's Agent in 2017

    Martin Bouma

    Keller Williams Ann Arbor Mrkt

    (734) 761-3060

    10 in this area

    746 Total Sales

    Martin Bouma
    Section Image
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Map

Source: MichRIC

MLS Number: 46999

MichRIC

APN: 09-29-314-006

Michigan Washtenaw County Ann Arbor 48103 Old West Side

425 2nd St, Ann Arbor, MI

Not Listed for Sale

Detached

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