NOT LISTED FOR SALE

5015 N Territorial Rd E Ann Arbor, MI 48105

Estimated Value: $341,000 - $381,990

2 Beds
2 Baths
1,200 Sq Ft
$303/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $260,000 $217 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,182/month

17 Days on Market

Highlights

  • 1 Acre Lot
  • Cape Cod Architecture
  • Corner Lot
  • Millennium Middle School Rated A-
  • Deck
  • Ground Level Unit

About This Home

As of September 2020

What a gem! 1 acre, 2200 sqft, garage current use is 1200 sqft gym/fitness room plus massage room (seller's current fitness clients want to stay 30 year business!), great personal trainer dream! This space could be a yoga/paint studio/art-craft center/stripped and a MECHANIC dream garage or as you please and nicely heated! Perfect "multi-use" or work at home building. House nicely updated with newer kitchen w/granite. Both baths gorgeous (one w/glass vessel bowl). Shiny hardwood in main floor bedroom and living room. Outside has an awesome covered porch great for a chiminea burning and visiting with friends. Newer septic field (2011), great deck off outbuilding, great additional storage in garage also blown in insulation, 8yr. old water softener, updated electrical, copper plumbing. Very peaceful place! South Lyon schools, Salem Township, Washtenaw County. This place is the best, use your imagination. Seller is more than willing to talk to potential buyers about current use.

Last Agent to Sell the Property

Karen Camilleri

Century 21 Professionals Livonia License #6502327001 Listed on: 06/18/2020

Last Buyer's Agent

Benny Margolis

Max Broock Realtors License #RCO-6501384651

Max Broock Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 100x200
  • Corner Lot

Home Design

  • Cape Cod Architecture
  • 1.5-Story Property
  • Bungalow
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number A00130300008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,752

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Cape Cod, Ranch
  • Architecture Level: 1 1/2 Story
  • Year Built: 1900
  • State Equalized Value: 81950.0000
  • Entry Location: Ground Level
  • Pets Allowed: Call | Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Free-Standing Electric Oven, Washer
  • Sq Ft Combined: 1200
  • Total Sq Ft: 1200
  • Sq Ft Total Bsmt: 350

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Awning/Overhang(s), Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 6 or More
  • Garage Features: Detached, Door Opener, Electricity, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • List Price per Acre: 295000.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 1.00
  • Lot Dimensions: 100x200
  • Parcel Number: A00130300008

Tax Info

  • Tax Amount Summer: 1583.0000
  • Tax Amount Winter: 169.0000
  • Total Tax: 1752.0000
  • Taxable Value: 64176.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Margolis Benjamin A
Bought by
Jardin Ariadna
Current Estimated Value
$363,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,915
Outstanding Balance
$332,580
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$31,840

Purchase Details

Listed on
Jun 18, 2020
Closed on
Sep 29, 2020
Sold by
Barnett Jeffrey C
Bought by
Margolis Benjamin A
Seller's Agent
Karen Camilleri
Century 21 Professionals Livonia
Buyer's Agent
Benny Margolis
Max Broock Realtors
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$195,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 31, 2020
Sold by
Barnett Jeffrey C
Bought by
Margolis Benjamin A
Seller's Agent
Karen Camilleri
Century 21 Professionals Livonia
Buyer's Agent
Benny Margolis
Max Broock Realtors
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Jardin Ariadna $355,700 None Listed On Document
Margolis Benjamin A $260,000 None Listed On Document
Margolis Benjamin A $260,000 Embassy Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jardin Ariadna $337,915
Previous Owner Margolis Benjamin A $195,000
Previous Owner Margolis Benjamin A $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $260,000 -11.9% $217 / Sq Ft
08/22/2020 08/22/20 For Sale $295,000 0.0% $246 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $295,000 -- $246 / Sq Ft
Source: Realcomp

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 $2,461 $115,550 $0 $0
2024 $2,461 $104,750 $0 $0
2023 $2,212 $98,750 $0 $0
2022 $241 $89,600 $0 $0
2021 $2,303 $87,500 $0 $0
2020 $1,732 $82,450 $0 $0
2019 $1,756 $81,950 $81,950 $0
2018 $1,726 $82,400 $0 $0
2017 $1,697 $82,050 $0 $0
2016 $1,620 $60,836 $0 $0
2015 -- $60,655 $0 $0
2014 -- $58,760 $0 $0
2013 -- $58,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200045302

Realcomp

APN: 01-30-300-008