505 Detroit St Unit 2 Ann Arbor, MI 48104
Kerrytown Neighborhood
2
Beds
2
Baths
1,560
Sq Ft
$250/mo
HOA Fee
Highlights
- Brownstone
- Fireplace in Primary Bedroom
- Central Air
- Bach Elementary School Rated A
- Terrace
- 3-minute walk to Sculpture Plaza
About This Home
As of July 2024Step into historic charm and modern luxury with this landmark brownstone building in the heart of the cobblestone streets of Kerrytown. There is no better location in Ann Arbor! Across the street from Zingerman's, the Farmers Market, and many other attractions, this rare opportunity offers unparalleled convenience and timeless appeal.
This completely updated unit seamlessly blends modern amenities with its original character. From the heated floors in the updated kitchen to the stunning exposed brick walls, wood floors and detailed trim work, every detail has been thoughtfully preserved and enhanced. 2 fireplaces are in this unit, one in the Primary and one in the living room with a live edge black walnut mantle. Tons of natural light from the beautiful and large windows and skylights. The kitchen is equipped with a beautiful granite, stainless appliances, and tons of functional storage.
Enjoy the peace of mind with newer mechanicals and a new roof. A brand new maintenance free Brazilian hardwood front porch is being installed currently, adding to the curb appeal, allure and timeless look of these Brownstones.
2 large bedrooms and 2 full updated bathrooms. The primary bedroom has a beautifully built out large walk-in closet, exposed brick wall and a laundry room. While the primary bathroom features a huge walk-in shower and double vanity. You'll find another large bedroom with beautiful glass closet doors and large windows on the first floor and another full and updated bathroom.
With only 8 units in total, opportunities to own here are exceptionally rare, making this a truly exclusive offering. Don't miss your chance to own a piece of Ann Arbor and Kerrytown history with this remarkable brownstone. Whether you're drawn to its unbeatable location, unique charm, or modern comforts, this home stands as a testament to Ann Arbor living at its finest.
Last Agent to Sell the Property
@properties Christie's Int'l R.E. Birmingham License #6501350865 Listed on: 07/11/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
Year Built
- Built in 1901 | Remodeled in 2018
Lot Details
- Fenced Front Yard
- Fenced
- Historic Home
HOA Fees
- $250 Monthly HOA Fees
Parking
- Carport
Home Design
- Brownstone
- Brick Exterior Construction
- Stone Foundation
- Asphalt Roof
Interior Spaces
- 1,560 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Living Room with Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Free-Standing Gas Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Hot Water Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Additional Features
- Terrace
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 090929119031
Community Details
Overview
- Marilyn Warner Association
- Brownstones Condo Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2024
Closed on
Jul 26, 2024
Sold by
Bloom Michael
Bought by
Birchwood Trust and Sonderby
Seller's Agent
Corey Light
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Annmarie Arbaugh
Coldwell Banker Realty
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,047
Avg. Annual Appreciation
-0.33%
Purchase Details
Listed on
Apr 14, 2016
Closed on
May 6, 2016
Sold by
Puroll Lisa L and Puroll Bemard S
Bought by
Bloom Michael
Seller's Agent
Elizabeth Brien
The Charles Reinhart Company
Buyer's Agent
Alison Holcombe
Howard Hanna Real Estate
List Price
$445,000
Sold Price
$432,000
Premium/Discount to List
-$13,000
-2.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Interest Rate
3.61%
Purchase Details
Closed on
Dec 14, 2007
Sold by
Michael Margot M
Bought by
Puroll Bernard S and Puroll Lisa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 2001
Sold by
Nield Jeffrey C Trust
Bought by
Michael Margot M
Similar Homes in Ann Arbor, MI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $860,000 | Ata National Title | |
| Deed | $432,000 | -- | |
| Warranty Deed | $322,500 | Sst | |
| Deed | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $340,200 | New Conventional | |
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $247,200 | New Conventional | |
| Previous Owner | $258,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2024 07/26/24 | Sold | $860,000 | +1.2% | $551 / Sq Ft |
| 07/20/2024 07/20/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | For Sale | $850,000 | +96.8% | $545 / Sq Ft |
| 05/04/2016 05/04/16 | Sold | $432,000 | -2.9% | $277 / Sq Ft |
| 05/03/2016 05/03/16 | Pending | -- | -- | -- |
| 04/14/2016 04/14/16 | For Sale | $445,000 | -- | $285 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $11,080 | $240,700 | $0 | $0 |
| 2024 | $10,318 | $237,500 | $0 | $0 |
| 2023 | $9,514 | $232,800 | $0 | $0 |
| 2022 | $10,368 | $204,800 | $0 | $0 |
| 2021 | $10,123 | $201,400 | $0 | $0 |
| 2020 | $9,919 | $194,600 | $0 | $0 |
| 2019 | $9,545 | $213,600 | $213,600 | $0 |
| 2018 | $9,410 | $209,200 | $0 | $0 |
| 2017 | $9,154 | $184,700 | $0 | $0 |
| 2016 | $7,100 | $147,155 | $0 | $0 |
| 2015 | $6,761 | $146,715 | $0 | $0 |
| 2014 | $6,761 | $142,131 | $0 | $0 |
| 2013 | -- | $142,131 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Light
Seller's Agent in 2024
Corey Light
@properties Christie's Int'l R.E. Birmingham
(248) 207-5544
1 in this area
105 Total Sales
-
Pierre Binandeh
Seller Co-Listing Agent in 2024
Pierre Binandeh
@properties Christie's Int'l R.E. Birmingham
(248) 787-9200
1 in this area
119 Total Sales
-
Annmarie Arbaugh
A
Buyer's Agent in 2024
Annmarie Arbaugh
Coldwell Banker Realty
(734) 585-6518
1 in this area
54 Total Sales
-
Elizabeth Brien
Seller's Agent in 2016
Elizabeth Brien
The Charles Reinhart Company
(734) 669-5989
6 in this area
383 Total Sales
-
Alison Holcombe
Buyer's Agent in 2016
Alison Holcombe
Howard Hanna Real Estate
(734) 730-2279
60 Total Sales
Map
Source: Realcomp
MLS Number: 20240047836
APN: 09-29-119-031
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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