NOT LISTED FOR SALE

450 S 5th Ave Ann Arbor, MI 48104

Germantown Neighborhood

Estimated Value: $661,000 - $940,000

3 Beds
2 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold June 18, 2021

Last sale price $535,000

Est. 41% increase in value since last sale

Current estimated payment $5,071/month

30 Days on Market

Highlights

  • Laundry Facilities
  • Wood Siding
  • 2-minute walk to Hanover Square Park
  • Bach Elementary School Rated A

About This Home

As of June 2021

This home is located at 450 S 5th Ave, Ann Arbor, MI 48104 since 02 May 2021 and is currently estimated at $754,635. This property was built in 1901. 450 S 5th Ave is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Brent Flewelling

The Charles Reinhart Company License #6506045328 Listed on: 05/02/2021

Last Buyer's Agent

Kiara Nelson

Keller Williams Ann Arbor Mrkt License #6501400447

Keller Williams Ann Arbor Mrkt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,571

Year Built

  • Built in 1901

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 43 x 100

Parking

  • 3 Parking Spaces

Home Design

  • Wood Siding

Schools

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

Additional Features

  • Partial Basement
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • Original Of Ann Arbor Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $2,570
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,571

Year Built

Built in 1901

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 43 x 100
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 1
  • Substructure:Partial: Yes
  • Location Property Info:Subdivision2: Original Of Ann Arbor
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Pioneer 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: Wood Siding, Other
  • List Price: 475000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Condo/Co-op/Association

  • Association Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Dimensions: 43 x 100
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: R4C

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 40800.0
  • Insurance Expense: 2570.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 10571.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jun 14, 2021
Sold by
Mcandrews Paul J and Mcandrews Valerie H
Bought by
Allen Christopher J and Jilek Anna
Seller's Agent
Brent Flewelling
The Charles Reinhart Company
Buyer's Agent
Kiara Nelson
Keller Williams Ann Arbor Mrkt
List Price
$475,000
Sold Price
$535,000
Premium/Discount to List
$60,000
12.63%
Current Estimated Value
$754,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,635
Avg. Annual Appreciation
7.49%

Purchase Details

Listed on
Jun 28, 2018
Closed on
Aug 10, 2018
Sold by
Limited Resources Llc
Bought by
Mcandrews Paul J and Mcandrews Valerie H
Seller's Agent
Brent Flewelling
The Charles Reinhart Company
Buyer's Agent
Brent Flewelling
The Charles Reinhart Company
List Price
$425,000
Sold Price
$431,000
Premium/Discount to List
$6,000
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$322,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2009
Sold by
Brown Whitney and Walz Erica
Bought by
Limited Resources Llc

Purchase Details

Closed on
Dec 3, 2008
Sold by
National City Bank
Bought by
Brown Whitney and Walz Erica
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allen Christopher J $535,000 American Ttl Co Of Washtenaw
Mcandrews Paul J $431,000 None Available
Limited Resources Llc $167,000 None Available
Brown Whitney -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcandrews Paul J $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $535,000 +12.6% --
06/01/2021 06/01/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $475,000 +10.2% --
08/13/2018 08/13/18 Sold $431,000 +1.4% $334 / Sq Ft View Prior Sale
08/10/2018 08/10/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $425,000 -- $329 / Sq Ft
Source: MichRIC

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 $13,219 $273,700 $0 $0
2024 $12,856 $250,400 $0 $0
2023 $11,872 $227,300 $0 $0
2022 $14,518 $218,600 $0 $0
2021 $10,789 $210,900 $0 $0
2020 $10,571 $207,400 $0 $0
2019 $10,108 $204,500 $204,500 $0
2018 $8,672 $196,400 $0 $0
2017 $8,365 $167,200 $0 $0
2016 $8,151 $131,737 $0 $0
2015 $7,816 $131,343 $0 $0
2014 $7,816 $127,240 $0 $0
2013 -- $127,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brent Flewelling

    Seller's Agent in 2021

    Brent Flewelling

    The Charles Reinhart Company

    (734) 646-4263

    1 in this area

    483 Total Sales

    Brent Flewelling
    Section Image
  • Kiara Nelson

    Buyer's Agent in 2021

    Kiara Nelson

    Keller Williams Ann Arbor Mrkt

    (734) 732-3844

    1 in this area

    272 Total Sales

    Kiara Nelson
    Section Image
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Map

Source: MichRIC

MLS Number: 18186

MichRIC

APN: 09-29-428-004

Michigan Washtenaw County Ann Arbor 48104 Germantown

450 S 5th Ave, Ann Arbor, MI

Not Listed for Sale

MultiFamily

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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