NOT LISTED FOR SALE

4823 Ridge Creek Ln Ann Arbor, MI 48105

Estimated Value: $1,318,000 - $2,080,108

16 Acres
$106,926 Price per Acre
692,168 Sq Ft Lot

Last Sold June 11, 2019

Last sale price $400,000

Est. 321% increase in value since last sale

Current estimated payment $10,039/month

Highlights

  • Private Waterfront
  • 15.89 Acre Lot
  • Lot Has A Rolling Slope
  • Logan Elementary School Rated A
  • Wooded Lot

About This Lot

As of June 2019

This luxury home site brings together a rare combination of features: waterfront on a private lake, substantial site of over 15 acres, wooded and open, extremely private. The site includes mature woodlot and open space. Home site is located at the end of a new private paved road. The location is within 10 minutes of UM Campus, The Medical Center, and downtown Ann Arbor. This home site has approvals in place to begin construction now.

Last Agent to Sell the Property

Franklin McVeigh

The Charles Reinhart Company License #6506044641 Listed on: 06/11/2019

Last Buyer's Agent

Barbara Zinser

The Charles Reinhart Company License #6501339608

The Charles Reinhart Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,155

Lot Details

  • 15.89 Acre Lot
  • Private Waterfront
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned A-1, A-1

HOA Fees

  • $45 Monthly HOA Fees

Location

  • Mineral Rights

Schools

  • Logan Elementary School
  • Clague Middle School
  • Huron High School

Utilities

  • Well
  • Septic Tank

Community Details

  • Property is near a ravine

Property Details

Property Type

Land

Est. Annual Taxes

$5,155

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: Irregular
  • Tax Info:Annual Property Tax: 5155.0
  • Tax Info:Zoning3: A-1
  • Lot Description:Wooded: Yes
  • Utilities Attached:Electric4: Yes
  • Utilities Attached:Natural Gas: Yes
  • Lot Description:Ravine: Yes
  • Waterfront Options:Water Frontage3: 1.0
  • Utilities Attached:Septic: Yes
  • Utilities Attached:Well2: Yes
  • Lot Description:Rolling Hills: Yes
  • Mineral Rights:Available: Yes
  • General Property Info Elementary School2: Logan
  • General Property Info High School: Huron
  • General Property Info Middle School2: Clague
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 400000.0
  • Lot Features: Ravine, Rolling Hills, Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: Private Lake
  • Waterfront Features: Private Frontage
  • Waterfront: Yes

Utilities

  • Utilities: Well Attached, Septic Connected, Natural Gas Connected, Electric Connected

Condo/Co-op/Association

  • Association Fee: 45.0
  • Association Fee Frequency: Monthly
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 45.0
  • Water Fea Amenities:Private Frontage: Yes
  • Association Info:Assoc Fee Payable: Monthly

Schools

  • Elementary School: Logan
  • High School: Huron
  • Middle/Junior School: Clague

Lot Info

  • Lot Size Acres: 15.89
  • Lot Size Area: 15.89
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 692168.0
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5155.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jun 6, 2019
Sold by
Df Land Development Llc
Bought by
Kim Grace and Kim Eugene
Seller's Agent
Franklin McVeigh
The Charles Reinhart Company
Buyer's Agent
Barbara Zinser
The Charles Reinhart Company
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$1,685,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,285,690
Avg. Annual Appreciation
26.01%
Source: Public Records

Range of Values:

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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
Kim Grace $400,000 American Ttl Co Of Washtenaw
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Eugene S $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2019 06/11/19 Sold $400,000 0.0% --
06/11/2019 06/11/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $400,000 -- --
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 $8,203 $839,300 $0 $0
2024 $18,214 $840,500 $0 $0
2023 $17,501 $793,700 $0 $0
2022 $24,641 $691,700 $0 $0
2021 $16,543 $482,200 $0 $0
2020 $5,310 $98,220 $0 $0
2019 $5,121 $98,220 $98,220 $0
2018 $5,155 $98,220 $98,220 $0
2017 $5,040 $98,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23034931

Southwestern Michigan Association of REALTORS®

APN: 09-01-101-003