NOT LISTED FOR SALE

505 E Huron St Unit 406 Ann Arbor, MI 48104

Downtown Ann Arbor Neighborhood

Estimated Value: $762,157 - $1,115,000

2 Beds
2 Baths
1,741 Sq Ft
$635/mo HOA Fee

Last Sold March 20, 2014

Last sale price $599,000 $344 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,299/month

43 Days on Market

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 2014

Terrific 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

Elizabeth Brien

The Charles Reinhart Company License #6506044627 Listed on: 02/04/2014

The Charles Reinhart Company

Last Buyer's Agent

Elizabeth Brien

The Charles Reinhart Company License #6506044627 Listed on: 02/04/2014

The Charles Reinhart Company

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,446

Year Built

Built in 1986

Lot Details

0

HOA Fees

$635 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1741.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 10446.0
  • Tax Info:Zoning3: C2BR
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • Additional Items:Elevator: Yes
  • General Property Info:SqFt Above Grade: 1741.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Elevator, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • LivingArea: 1741.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Patio
  • List Price: 599000.0
  • Lot Features: Sidewalk, Site Condo
  • Exterior Features:Patio: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 635.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 635.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Storage: Yes

Schools

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

Lot Info

  • Zoning Description: C2BR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10446.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2017
Sold by
Levine Irene
Bought by
Hess Michael L
Current Estimated Value
$952,539

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
4.17%
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
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
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

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 $16,845 $457,700 $0 $0
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

    391 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23076657

Southwestern Michigan Association of REALTORS®

APN: 09-29-106-050

Michigan Washtenaw County Ann Arbor 48104 Downtown Ann Arbor

505 E Huron St Unit 406, Ann Arbor, MI

This home is located at 505 E Huron St Unit 406, Ann Arbor, MI 48104 since 04 February 2014 and is currently estimated at $952,539, approximately $547 per square foot. This property was built in 1986. 505 E Huron St Unit 406 is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline 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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