NOT LISTED FOR SALE

505 E Huron St Unit 306 Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $679,391 - $1,578,000

4 Beds
4 Baths
3,156 Sq Ft
$1,852/mo HOA Fee

Last Sold April 23, 2024

Last sale price $805,000 $255 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,017/month

38 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • End Unit
  • Bach Elementary School Rated A
  • 1 Fireplace
  • 4-minute walk to Liberty Plaza

About This Home

As of April 2024

Two units, #305 & #306 have been combined to create a masterful blend of home & work, & present infinite possibilities. The top-of-the-line kitchen is everything Miele - cabinets, appliances, and accessories. The kitchen opens to dining & living rooms w/ wall of windows. There's also a den w/ fireplace that leads to the balcony. The Primary retreat has a custom walk-in closet & remodeled bath. 3 additional spaces, currently used as a family room & offices, are ideal for future bedrooms. There are also 2 parking spaces! The property can continue to be used in this dual-purpose manner or it can be used as residential (once converted to residential, the commercial designation cannot be reclaimed). Great walkability to The Power Center, Hill Auditorium, & the high energy of central Ann Arbor!

Last Agent to Sell the Property

Nancy Bishop

The Charles Reinhart Company License #6506044662 Listed on: 03/01/2024

The Charles Reinhart Company

Last Buyer's Agent

Nancy Bishop

The Charles Reinhart Company License #6506044662 Listed on: 03/01/2024

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • Private Entrance

HOA Fees

  • $1,852 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,156 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Skyline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • Association Phone (734) 662-6232
  • Sloan Plaza Condos
  • Sloan Plaza Subdivision

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,852 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 1
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 3156.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Design: Contemporary
  • Tax Info:Annual Property Tax: 20919.43
  • Tax Info:Zoning3: D1
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceramic Floor: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Sloan Plaza
  • Additional Items:Wood Floor: Yes
  • General Property Info:Condo Proj Name: Sloan Plaza
  • General Property Info:Entry Type: Private
  • General Property Info:Pets YN: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 3156.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Laundry Features Upper Level: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Slauson
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Elevator, Wood Floor, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Basement: Slab
  • LivingArea: 3156.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Brick
  • Exterior Features: Balcony
  • List Price: 875000.0
  • Lot Features: Sidewalk
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Carport: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Garage Type:Carport: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: In Unit, Upper Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1851.74
  • Association Fee Frequency: Monthly
  • Association Phone: 734-662-6232
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 1851.74
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:End Unit: Yes
  • Association Info:Association Phone: 734-662-6232

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Schools

  • Elementary School: Bach
  • High School: Skyline
  • Middle/Junior School: Slauson

Lot Info

  • Zoning Description: D1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20919.43
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 22, 2024
Sold by
Hertel Richard K and Richard K Hertel Trust
Bought by
Deni Pejanovic Llc
Seller's Agent
Nancy Bishop
The Charles Reinhart Company
Buyer's Agent
Nancy Bishop
The Charles Reinhart Company
List Price
$875,000
Sold Price
$805,000
Premium/Discount to List
-$70,000
-8%
Views
101
Current Estimated Value
$1,013,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,098
Avg. Annual Appreciation
16.45%
Original Mortgage
$603,750
Outstanding Balance
$594,487
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
$418,611

Purchase Details

Closed on
Dec 29, 2022
Sold by
Hertel Richard K and Hertel Jane Carol
Bought by
Richard K Hertel Trust

Purchase Details

Listed on
Sep 12, 2014
Closed on
Dec 5, 2014
Sold by
Sloan 306 Llc
Bought by
Hertel Richard and Warren Jane
Seller's Agent
Dennis Merrick
The Promanas Group
Buyer's Agent
Nancy Bishop
The Charles Reinhart Company
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Oct 27, 2009
Sold by
Tolan Llc
Bought by
Sloan 306 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
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
Deni Pejanovic Llc $805,000 American Title
Deni Pejanovic Llc $805,000 American Title
Deni Pejanovic Llc $805,000 American Title
Richard K Hertel Trust -- --
Hertel Richard $360,000 Liberty Title
Sloan 306 Llc $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deni Pejanovic Llc $603,750
Closed Deni Pejanovic Llc $603,750
Previous Owner Sloan 306 Llc $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $805,000 -8.0% $255 / Sq Ft
03/01/2024 03/01/24 For Sale $875,000 +143.1% $277 / Sq Ft
12/05/2014 12/05/14 Sold $360,000 -4.0% $244 / Sq Ft View Prior Sale
12/05/2014 12/05/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $375,000 -- $254 / 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 $10,338 $275,900 $0 $0
2024 $9,627 $280,700 $0 $0
2023 $8,876 $266,700 $0 $0
2022 $9,673 $245,200 $0 $0
2021 $9,445 $235,600 $0 $0
2020 $9,254 $238,100 $0 $0
2019 $8,850 $240,800 $240,800 $0
2018 $9,251 $223,300 $0 $0
2017 $8,999 $203,600 $0 $0
2016 $7,665 $179,948 $0 $0
2015 $8,536 $149,500 $0 $0
2014 $8,536 $138,956 $0 $0
2013 -- $138,956 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Bishop

    Seller's Agent in 2024

    Nancy Bishop

    The Charles Reinhart Company

    (734) 646-1333

    13 in this area

    352 Total Sales

    Nancy Bishop
    Section Image

  • D

    Seller's Agent in 2014

    Dennis Merrick

    The Promanas Group

    Section Image
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Map

Source: MichRIC

MLS Number: 24010079

MichRIC

APN: 09-29-106-078

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

505 E Huron St Unit 306, Ann Arbor, MI

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MichRIC Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.

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