NOT LISTED FOR SALE

5040 Eric Ct Ann Arbor, MI 48105

Northfield Area

Estimated Value: $123,561 - $500,000

3.96 Acres
$57,548 Price per Acre
172,498 Sq Ft Lot

Sale Details

Date Sold: August 23, 2018

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

Est. 153% increase in value since last sale

Current estimated payment $1,599 / mo

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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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

3.96 Acres

Listing Details

  • Property Type: Land
  • General Property Info:Lot Dimensions: 238x650x271x575
  • 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
  • Tax Info:Seller_squote_s Annual Property Tax2: 2624.0
  • Remarks Misc: Public Remarks: 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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2016
Closed on
Aug 17, 2018
Sold by
Bought by
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
$227,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,890
Avg. Annual Appreciation
12.40%
Original Mortgage
$81,000
Outstanding Balance
$68,335
Interest Rate
4.11%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$159,555
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ann Arbor, MI

  • Dan Wolan Real Estate Agent - Berkshire Hathaway HomeServices Kee Realty Bham

    Dan Wolan

    Berkshire Hathaway HomeServices Kee Realty Bham

    (947) 600-5578

    29 Total Sales

    1 in Northfield

    $300,000 Price

    Dan Wolan
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  • Lori Goldman Real Estate Agent - Berkshire Hathaway HomeServices Kee Realty Bham

    Lori Goldman

    Berkshire Hathaway HomeServices Kee Realty Bham

    (947) 500-3870

    172 Total Sales

    1 in Northfield

    $419,000 Price

    Lori Goldman
     Section Image
  • Johnathan Dugan Real Estate Agent - EXP Realty - Fenton

    Johnathan Dugan

    EXP Realty - Fenton

    (947) 210-6523

    71 Total Sales

    1 in Northfield

    $460,000 Price

    Johnathan Dugan
     Section Image
  • Lisa Ridha Real Estate Agent - The Charles Reinhart Company

    Lisa Ridha

    The Charles Reinhart Company

    (734) 821-4894

    117 Total Sales

    2 in Northfield

    $190,000 Price Range

    Lisa Ridha
     Section Image
  • JoAnn Barrett Real Estate Agent - Howard Hanna Real Estate

    JoAnn Barrett

    Responds Quickly

    Howard Hanna Real Estate

    (734) 887-9439

    87 Total Sales

    3 in Northfield

    $530,000 Price Range

    JoAnn Barrett
     Section Image
  • John McArdle Real Estate Agent - Remerica Hometown One

    John McArdle

    Remerica Hometown One

    (734) 359-7269

    149 Total Sales

    2 in Northfield

    $475,000 Price Range

    John McArdle
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$90,000 Preferred Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $81,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,156 $75,600 $0 $0
2025 $2,282 $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 Real Estate Agent - Trillium Real Estate

    Seller's Agent in 2018

    Linda Lombardini

    Trillium Real Estate

    (734) 216-6415

    132 Total Sales

    Linda Lombardini
    Section Image
  • Christine Faeth Real Estate Agent - Howard Hanna Real Estate

    Buyer's Agent in 2018

    Christine Faeth

    Howard Hanna Real Estate

    (734) 646-9080

    183 Total Sales

    Christine Faeth
    Section Image
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Map

Source: MichRIC

MLS Number: 23091496

MichRIC

APN: 02-36-400-023

Michigan Washtenaw County Ann Arbor 48105

5040 Eric Ct, Ann Arbor, MI

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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