NOT LISTED FOR SALE

5040 Eric Ct Ann Arbor, MI 48105

Northfield Township Neighborhood

Estimated Value: $121,387 - $713,000

3.96 Acres
$76,224 Price per Acre
172,498 Sq Ft Lot

Last Sold August 23, 2018

Last sale price $90,000 $31 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $1,857/month

640 Days on Market

About This Lot

As of August 2018

3.96 acres of calm, wooded land ready for your dream home! Last parcel on a country cul-de-sac with 3 finished homes rounding out the neighborhood. Well is in and ready for use. Only a few minutes drive from Ann Arbor, U of M, North Campus, hospitals, shopping, and restaurants! Located in the SE Corner of Northfield Township: Low township taxes, Ann Arbor Schools. For option of LEED certified custom-built home, see MLS# 3246505., Easement: Sanitary sewer easement

Last Agent to Sell the Property

Linda Lombardini

Trillium Real Estate License #6501255870 Listed on: 10/26/2016

Last Buyer's Agent

Christine Faeth

Howard Hanna Real Estate License #6501271635

Howard Hanna Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 3.96 Acre Lot
  • Lot Dimensions are 238x650x271x575

Location

  • Mineral Rights

Schools

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

Utilities

  • Natural Gas Connected
  • Well

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • General Property Info:Lot Dimensions: 238x650x271x575
  • Tax Info:Annual Property Tax: 2624.0
  • Tax Info:Zoning3: Res
  • Utilities Attached:Electric4: Yes
  • Mineral Rights:Available: Yes
  • General Property Info Elementary School2: Logan Elementary School
  • General Property Info High School: Huron High School
  • General Property Info Middle School2: Clague Middle School
  • Utilities Attached Natural Gas Connected: Yes
  • Water Well2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 110000.0
  • Road Surface Type: Paved

Utilities

  • Utilities: Natural Gas Connected, Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 3.96
  • Lot Size Area: 3.96
  • Lot Dimensions: 238x650x271x575
  • Lot Size Sq Ft: 172498.0
  • Zoning Description: Res

Tax Info

  • Tax Annual Amount: 2624.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2016
Closed on
Aug 17, 2018
Sold by
Canham Kathlee
Bought by
Croxton Eddie
Seller's Agent
Linda Lombardini
Trillium Real Estate
Buyer's Agent
Christine Faeth
Howard Hanna Real Estate
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Current Estimated Value
$279,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,895
Avg. Annual Appreciation
15.10%
Original Mortgage
$81,000
Outstanding Balance
$70,187
Interest Rate
4.11%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$170,370
Source: Public Records

Range of Values:

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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
Croxton Eddie $90,000 Preferred Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Croxton Eddie $81,000
Closed Croxton Eddie $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $90,000 -18.2% $31 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
10/26/2016 10/26/16 For Sale $110,000 -- $38 / Sq Ft
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 $4,464 $75,400 $0 $0
2024 $2,217 $69,800 $0 $0
2023 $4,010 $69,800 $0 $0
2022 $3,887 $69,800 $0 $0
2021 $4,464 $69,800 $0 $0
2020 $3,921 $69,800 $0 $0
2019 $3,791 $69,800 $69,800 $0
2018 $2,912 $69,800 $0 $0
2017 $2,793 $67,800 $0 $0
2016 $1,571 $51,807 $0 $0
2015 -- $51,653 $0 $0
2014 -- $50,040 $0 $0
2013 -- $50,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Lombardini

    Seller's Agent in 2018

    Linda Lombardini

    Trillium Real Estate

    (734) 216-6415

    1 in this area

    143 Total Sales

    Section Image
  • Christine Faeth

    Buyer's Agent in 2018

    Christine Faeth

    Howard Hanna Real Estate

    (734) 646-9080

    190 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23091496

Southwestern Michigan Association of REALTORS®

APN: 02-36-400-023

Michigan Washtenaw County Ann Arbor 48105 Northfield Township

5040 Eric Ct, Ann Arbor, MI

This home is located at 5040 Eric Ct, Ann Arbor, MI 48105 since 26 October 2016 and is currently estimated at $301,847, approximately $104 per square foot. 5040 Eric Ct is a home located in Washtenaw County with nearby schools including Logan Elementary School, Clague Middle School, and Huron High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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