505 E Huron St Unit 406 Ann Arbor, MI 48104
Downtown Ann Arbor NeighborhoodEstimated Value: $776,031 - $1,167,000
2
Beds
2
Baths
1,741
Sq Ft
$635/mo
HOA Fee
Highlights
- Wood Flooring
- Breakfast Area or Nook
- Patio
- Bach Elementary School Rated A
- Elevator
- 4-minute walk to Liberty Plaza
About This Home
As of March 2014Terrific premium downtown in a great location, corner unit with tons of windows, light & 2 terraces! Features include a large, open living room with tiered ceiling w/indirect lighting, fireplace and sliding doors to large patio overlooking downtown! Spacious den/study area with hardwood floors and access to 2nd patio. Nice galley kitchen with newer appliances and pass -thru & custom built-in cabinets. Spacious master and 2nd bedroom, both with a full bath and patio access. Storage in parking garage. Ideal location! Walk to downtown, Kerrytown and the U of M Campus. Sloan Plaza is the only condominium with a full-time on site staff. Association fee includes services of doorman, water & sewer, insurance for building, reserve fund, common area maintenance & trash., Primary Bath
Last Agent to Sell the Property
The Charles Reinhart Company License #6506044627 Listed on: 02/04/2014
Last Buyer's Agent
The Charles Reinhart Company License #6506044627 Listed on: 02/04/2014
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,446
Year Built
- Built in 1986
HOA Fees
- $635 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,741 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Log Fireplace
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Bach Elementary School
- Slauson Middle School
- Skyline High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
Amenities
- Elevator
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 21, 2017
Sold by
Levine Irene
Bought by
Hess Michael L
Total Days on Market
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.3%
Purchase Details
Listed on
Feb 4, 2014
Closed on
Mar 15, 2014
Sold by
Irani Keki B and Keki B Irani Trust
Bought by
Palms Stephen G and Palms Elizabeth A
Seller's Agent
Elizabeth Brien
The Charles Reinhart Company
Buyer's Agent
Elizabeth Brien
The Charles Reinhart Company
List Price
$599,000
Sold Price
$599,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$479,200
Interest Rate
4.24%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2005
Sold by
Ladu Catherine S and Ladu La Du
Bought by
Irani Keki B and Keki B Irani Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 13, 2003
Sold by
Hoffman Frances C and Hoffman Robert E
Bought by
Ladu Bert N and Ladu Catherine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hess Michael L | $1 | -- | |
| Palms Stephen G | $599,000 | American Title Co Of Washten | |
| Irani Keki B | $630,000 | -- | |
| Ladu Bert N | $569,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palms Stephen G | $26,500 | |
| Open | Palms Stephen G | $560,000 | |
| Closed | Hess Michael L | -- | |
| Previous Owner | Palms Stephen G | $60,000 | |
| Previous Owner | Palms Stephen G | $485,200 | |
| Previous Owner | Palms Stephen G | $479,200 | |
| Previous Owner | Irani Keki B | $430,000 | |
| Previous Owner | Ladu Bert N | $322,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2014 03/20/14 | Sold | $599,000 | 0.0% | $344 / Sq Ft |
| 03/19/2014 03/19/14 | Pending | -- | -- | -- |
| 02/04/2014 02/04/14 | For Sale | $599,000 | -- | $344 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $15,687 | $424,900 | $0 | $0 |
| 2023 | $14,464 | $399,600 | $0 | $0 |
| 2022 | $15,762 | $380,000 | $0 | $0 |
| 2021 | $15,390 | $370,000 | $0 | $0 |
| 2020 | $15,079 | $344,300 | $0 | $0 |
| 2019 | $14,338 | $368,000 | $368,000 | $0 |
| 2018 | $13,525 | $335,500 | $0 | $0 |
| 2017 | $13,157 | $315,300 | $0 | $0 |
| 2016 | $11,207 | $263,086 | $0 | $0 |
| 2015 | $10,926 | $262,300 | $0 | $0 |
| 2014 | $10,926 | $229,683 | $0 | $0 |
| 2013 | -- | $229,683 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Brien
Seller's Agent in 2014
Elizabeth Brien
The Charles Reinhart Company
(734) 669-5989
15 in this area
407 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23076657
APN: 09-29-106-050
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