NOT LISTED FOR SALE

505 Liberty Pointe Dr Unit 95 Ann Arbor, MI 48103

Liberty Glen Neighborhood

Estimated Value: $334,000 - $362,000

3 Beds
2.5 Baths
1,888 Sq Ft
$325/mo HOA Fee

Last Sold April 15, 2016

Last sale price $225,000 $119 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,728/month

45 Days on Market

Highlights

  • Spa
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Lakewood Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Burr Oak Park

About This Home

As of April 2016

Beautiful, sunlit and updated 3 bedroom 2.5 bath townhouse style condominium in the popular Liberty Pointe community. This unit shines with loads of updates and upgrades including gorgeous new quality hardwood flooring in the kitchen, dining and living room, new upstairs carpeting, professional interior paint, a new gas range, new back door stairs, some new windows, lovely new custom shower and floor tile work, vanity and counter tops and a newer door wall. The layout offers spacious accommodations on all three levels including a finished lower level which can be utilized as a home office/ recreation area. Additional features include a gas fireplace, attached one car garage and plenty of storage space. Association fee covers water, exterior maintenance, road maintenance, lawns service and snow removal. Close to downtown Ann Arbor, shopping, restaurants, U of M, parks, freeway access and hospitals., Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Laurie Buys

The Charles Reinhart Company License #6501343865 Listed on: 02/29/2016

The Charles Reinhart Company

Last Buyer's Agent

Nancy Bishop

The Charles Reinhart Company License #6506044662

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,305

Year Built

  • Built in 1994

Lot Details

  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Porch

Schools

  • Lakewood Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,305

Year Built

Built in 1994

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1888.0
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 5305.0
  • Tax Info:Zoning3: Res
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: 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
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Wood Floor: Yes
  • Additional Items:Security System: Yes
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 1450.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Basement Finished: Yes
  • General Property Info Elementary School2: Lakewood
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Forsythe
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Hot Tub Spa, Security System, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1888.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 438.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 438.0

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Porch(es)
  • List Price: 219000.0
  • Lot Features: Sidewalk
  • Road Frontage Type: Private Road
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 325.0
  • Association Info:Assoc Fee Payable: Monthly

Schools

  • Elementary School: Lakewood
  • High School: Skyline
  • Middle/Junior School: Forsythe

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5305.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 15, 2016
Sold by
Muller Eduardo S
Bought by
Oldershaw Thomas G and Lloyd Jane H
Seller's Agent
Laurie Buys
The Charles Reinhart Company
Buyer's Agent
Nancy Bishop
The Charles Reinhart Company
List Price
$219,000
Sold Price
$225,000
Premium/Discount to List
$6,000
2.74%
Current Estimated Value
$347,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,172
Avg. Annual Appreciation
4.66%
Original Mortgage
$213,750
Outstanding Balance
$169,811
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$177,361

Purchase Details

Listed on
Sep 6, 2014
Closed on
Oct 23, 2014
Sold by
Abulwerdi Fardokht
Bought by
Muller Eduardo S
Seller's Agent
Marcia Merola
The Charles Reinhart Company
Buyer's Agent
Marguerite Burkit
The Charles Reinhart Company
List Price
$180,000
Sold Price
$180,100
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Original Mortgage
$171,095
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2009
Sold by
The Bank Of New York
Bought by
Abulwerdi Fardokht

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
The Bank Of New York

Purchase Details

Closed on
Jul 31, 2008
Sold by
Harwood Stamper Jennifer L
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 14, 2006
Sold by
Kaigler Darnell and Kaigler Melanie Jean
Bought by
Harwood Stamper Jennifer L

Purchase Details

Closed on
Aug 16, 2004
Sold by
Kaigler Darnell and Kaigler Shirley A
Bought by
Kaigler Darnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,974
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2002
Sold by
Kaigler Darnell
Bought by
Kaigler Darnell

Purchase Details

Closed on
Jun 27, 1997
Sold by
Hollmann Michael
Bought by
Kaigler Darnell and Kaigler Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Oldershaw Thomas G $225,000 Amer Title Co Of Washtenaw
Muller Eduardo S $180,100 American Title Co
Abulwerdi Fardokht $111,900 Attorneys Title Agency
The Bank Of New York -- None Available
Mortgage Electronic Registration Systems $129,625 None Available
Harwood Stamper Jennifer L $195,500 Central Title & Metropolitan
Kaigler Darnell -- --
Kaigler Darnell -- --
Kaigler Darnell $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oldershaw Thomas G $213,750
Previous Owner Muller Eduardo S $171,095
Previous Owner Abulwerdi Fardokht $81,900
Previous Owner Kaigler Darnell $103,974
Previous Owner Kaigler Darnell $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2016 04/15/16 Sold $225,000 +2.7% $119 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $219,000 +21.6% $116 / Sq Ft
10/30/2014 10/30/14 Sold $180,100 +0.1% $92 / Sq Ft View Prior Sale
10/29/2014 10/29/14 Pending -- -- --
09/06/2014 09/06/14 For Sale $180,000 -- $92 / 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 $6,806 $166,300 $0 $0
2024 $6,338 $166,300 $0 $0
2023 $5,844 $158,800 $0 $0
2022 $6,368 $146,300 $0 $0
2021 $6,218 $139,500 $0 $0
2020 $6,092 $137,700 $0 $0
2019 $5,798 $127,400 $127,400 $0
2018 $5,717 $117,800 $0 $0
2017 $5,561 $112,200 $0 $0
2016 $4,724 $110,900 $0 $0
2015 $3,361 $113,400 $0 $0
2014 $3,361 $70,656 $0 $0
2013 -- $70,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23079824

Southwestern Michigan Association of REALTORS®

APN: 08-25-404-160