NOT LISTED FOR SALE

501 W Liberty St Unit 1-4 Ann Arbor, MI 48103

Old West Side Neighborhood

Estimated Value: $743,000 - $997,000

4 Beds
4 Baths
1,950 Sq Ft
$453/Sq Ft Est. Value

Last Sold May 06, 2013

Last sale price $315,000 $162 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $5,628/month

49 Days on Market

About This Home

As of May 2013

This home is located at 501 W Liberty St Unit 1-4, Ann Arbor, MI 48103 since 14 March 2013 and is currently estimated at $883,742, approximately $453 per square foot. This property was built in 1901. 501 W Liberty St Unit 1-4 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

Rachel Robinson

The Charles Reinhart Company License #6501311879 Listed on: 03/14/2013

The Charles Reinhart Company

Last Buyer's Agent

Roger Higgins

Real Estate One Inc License #6501255382

Real Estate One Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,577

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 66x140

Parking

  • 4 Parking Spaces

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,741
  • Gross Income $309,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,577

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x140
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6577.0
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 4
  • Substructure:Full: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement, Full
  • Basement: Yes

Exterior Features

  • List Price: 315000.0

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Lot Info

  • Lot Dimensions: 66x140
  • Zoning Description: R4C

Multi Family

  • Gross Income: 309600.0
  • Insurance Expense: 1741.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 6577.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2023
Sold by
Madakacherry Business Trust
Bought by
Madakacherry Liberty Llc
Current Estimated Value
$883,742

Purchase Details

Closed on
Oct 21, 2016
Sold by
Mathai John Kadakachrry and Mathai Marykutty
Bought by
Mathai John Madakachrry and Mathai Marykutty

Purchase Details

Listed on
Mar 14, 2013
Closed on
Apr 26, 2013
Sold by
Meyer Edwin F and Meyer Victoria F
Bought by
Mathai John Madakacherry and Mathai Marykutty
Seller's Agent
Rachel Robinson
The Charles Reinhart Company
Buyer's Agent
Roger Higgins
Real Estate One Inc
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
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
Madakacherry Liberty Llc -- None Listed On Document
Madakacherry Business Trust -- None Listed On Document
Madakacherry Mathai John -- None Listed On Document
Mathai John Madakacherry -- --
Mathai John Madakachrry -- None Available
Mathai John Madakacherry $315,000 American Title Company Of Wa
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2013 05/06/13 Sold $315,000 0.0% $162 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $315,000 -- $162 / 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 $11,757 $347,300 $0 $0
2024 $11,434 $325,300 $0 $0
2023 $10,558 $276,900 $0 $0
2022 $12,779 $259,800 $0 $0
2021 $12,418 $247,200 $0 $0
2020 $12,027 $232,900 $0 $0
2019 $11,472 $233,100 $233,100 $0
2018 $11,256 $223,900 $0 $0
2017 $10,858 $232,700 $0 $0
2016 $8,449 $170,995 $0 $0
2015 $10,146 $170,484 $0 $0
2014 $10,146 $113,127 $0 $0
2013 -- $113,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachel Robinson

    Seller's Agent in 2013

    Rachel Robinson

    The Charles Reinhart Company

    (734) 649-7029

    10 in this area

    74 Total Sales

    Rachel Robinson
    Section Image
  • Roger Higgins

    Buyer's Agent in 2013

    Roger Higgins

    Real Estate One Inc

    (734) 645-3202

    11 Total Sales

    Roger Higgins
    Section Image
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Map

Source: MichRIC

MLS Number: 16771

MichRIC

APN: 09-29-303-010

Michigan Washtenaw County Ann Arbor 48103 Old West Side

501 W Liberty St Unit 1-4, Ann Arbor, MI

Not Listed for Sale

MultiFamily

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