428 S Main St Unit 5 Ann Arbor, MI 48104
Downtown Ann Arbor Neighborhood
3
Beds
3.5
Baths
3,131
Sq Ft
$330/mo
HOA Fee
Highlights
- Spa
- Deck
- 1 Fireplace
- Bach Elementary School Rated A
- Wood Flooring
- 5-minute walk to Hanover Square Park
About This Home
As of May 2024Rare opportunity to find a spacious downtown condo. Designer's home completely renovated & upgraded top to bottom 4 years ago. Previously owned by olympian Michael Phelps this in the ultimate in downtown living. Kitchen features stainless appliances, granite countertops,custom cabinets, large eating area. Luxurious private master suite with large walk in custom closet, marble bathroom with dual shower, free standing soaking tub. Second master suite features 2 walk in closets, full bath with subway tile, jacuzzi tub and separate shower. Third bedroom with additional en-suite full bath. Kitchen area overlooks living room with soaring ceiling, antique french railing, gas fireplace, Italian chandelier, lovely deck for barbequing. Six inch wide oak plank floors throughout, family room in LL wit with half bath, attached 2 car garage with ample storage. This condo stands out like no other., Primary Bath
Last Agent to Sell the Property
Howard Hanna RE Services License #6501307679 Listed on: 08/21/2013
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,919
Year Built
- Built in 2004
HOA Fees
- $330 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Ceiling Fan
- 1 Fireplace
- Window Treatments
- Finished Basement
- Natural lighting in basement
- Home Security System
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Spa
- Deck
Schools
- Bach Elementary School
- Slauson Middle School
- Pioneer High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2024
Closed on
May 24, 2024
Sold by
Rutter Sean W and Stolarski Amy J
Bought by
Rocchio Family Revocable Trust and Rocchio
Seller's Agent
Daniel DeCapua
RE/MAX Platinum
Buyer's Agent
Michelle Stalmack
Real Estate One
List Price
$1,299,000
Sold Price
$1,125,000
Premium/Discount to List
-$174,000
-13.39%
Total Days on Market
12
Views
179
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,903
Avg. Annual Appreciation
6.24%
Purchase Details
Closed on
Feb 23, 2022
Sold by
William Rutter Sean and William Joann Amy
Bought by
Rutter Sean W and Stolarski Amy J
Purchase Details
Listed on
Nov 6, 2018
Closed on
Jun 25, 2019
Sold by
King Paul A and King Daphne
Bought by
Rutter Sean William and Stolarski Amy Joann
Seller's Agent
Alison Holcombe
Howard Hanna RE Services
Buyer's Agent
Glenda Gerbstadt
Coldwell Banker Professionals
List Price
$1,300,000
Sold Price
$1,035,000
Premium/Discount to List
-$265,000
-20.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%
Original Mortgage
$735,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 21, 2013
Closed on
Oct 22, 2013
Sold by
Hawley Maureen
Bought by
King Paul A and King Daphne
Seller's Agent
Alison Holcombe
Howard Hanna RE Services
Buyer's Agent
Tracey Roy
The Charles Reinhart Company
List Price
$789,000
Sold Price
$750,000
Premium/Discount to List
-$39,000
-4.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$417,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2008
Sold by
Phelps Michael F
Bought by
Hawley Maureen
Purchase Details
Closed on
Jul 20, 2005
Sold by
Phelps Michael F
Bought by
Phleps Michael F and Phelps Deborah S
Purchase Details
Closed on
Dec 10, 2004
Sold by
Hoffman Charles P and Reed Marcia L
Bought by
Phelps Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 12, 2002
Sold by
Mews L L C Ashley
Bought by
Hoffman Charles P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,125,000 | Select Title | |
| Quit Claim Deed | -- | Land Title | |
| Warranty Deed | $1,035,000 | None Available | |
| Warranty Deed | $1,035,000 | Barristers Setmnt & Ttl Agcy | |
| Warranty Deed | $750,000 | Liberty Title | |
| Warranty Deed | $450,000 | Liberty Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $590,000 | Lib | |
| Deed | $574,730 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $735,000 | New Conventional | |
| Previous Owner | $588,300 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $183,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $442,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | $1,125,000 | -11.8% | $359 / Sq Ft |
| 05/07/2024 05/07/24 | Pending | -- | -- | -- |
| 04/18/2024 04/18/24 | Price Changed | $1,275,000 | -1.8% | $407 / Sq Ft |
| 03/24/2024 03/24/24 | For Sale | $1,299,000 | 0.0% | $415 / Sq Ft |
| 03/24/2024 03/24/24 | Off Market | $1,299,000 | -- | -- |
| 01/20/2024 01/20/24 | For Sale | $1,299,000 | +25.5% | $415 / Sq Ft |
| 07/01/2019 07/01/19 | Sold | $1,035,000 | -20.4% | $331 / Sq Ft |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- |
| 11/06/2018 11/06/18 | For Sale | $1,300,000 | +73.3% | $415 / Sq Ft |
| 10/22/2013 10/22/13 | Sold | $750,000 | -4.9% | $240 / Sq Ft |
| 09/02/2013 09/02/13 | Pending | -- | -- | -- |
| 08/21/2013 08/21/13 | For Sale | $789,000 | -- | $252 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $23,081 | $577,900 | $0 | $0 |
| 2023 | $21,282 | $533,000 | $0 | $0 |
| 2022 | $23,191 | $498,300 | $0 | $0 |
| 2021 | $22,645 | $480,000 | $0 | $0 |
| 2020 | $22,187 | $435,300 | $0 | $0 |
| 2019 | $16,424 | $468,400 | $468,400 | $0 |
| 2018 | $16,193 | $446,300 | $0 | $0 |
| 2017 | $15,752 | $450,800 | $0 | $0 |
| 2016 | $13,418 | $314,987 | $0 | $0 |
| 2015 | $14,473 | $314,045 | $0 | $0 |
| 2014 | $14,473 | $239,920 | $0 | $0 |
| 2013 | -- | $239,920 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel DeCapua
Seller's Agent in 2024
Daniel DeCapua
RE/MAX Michigan
(734) 730-7061
5 in this area
535 Total Sales
-
Christopher Bergmans
Seller Co-Listing Agent in 2024
Christopher Bergmans
The Charles Reinhart Company
(734) 730-3793
1 in this area
123 Total Sales
-
Michelle Stalmack
Buyer's Agent in 2024
Michelle Stalmack
Real Estate One
(734) 276-7236
3 in this area
141 Total Sales
-
Alison Holcombe
Seller's Agent in 2019
Alison Holcombe
Howard Hanna RE Services
(734) 730-2279
2 in this area
61 Total Sales
-
Glenda Gerbstadt
Buyer's Agent in 2019
Glenda Gerbstadt
Coldwell Banker Professionals
(734) 646-4463
4 in this area
223 Total Sales
-
Tracey Roy
Buyer's Agent in 2013
Tracey Roy
The Charles Reinhart Company
(734) 417-5827
2 in this area
193 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23076371
APN: 09-29-411-051
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