505 Potter Ave Ann Arbor, MI 48103
Allmendinger NeighborhoodEstimated Value: $531,388 - $588,000
3
Beds
1
Bath
1,200
Sq Ft
$471/Sq Ft
Est. Value
Highlights
- Spa
- No HOA
- 1.5 Car Detached Garage
- Bach Elementary School Rated A
- Covered patio or porch
- Bar Fridge
About This Home
As of March 2021Location ! Location ! Location ! Very clean home. Within walking Distance to The Big House, Allmendinger Park, top-rated A2 schools & the heart of Main Street! This beautiful home is move in ready. Home consists of 3 bedrooms, 1 full bathroom. Hard wood floors throughout the main floor and upstairs. Remodeled basement with a bar. Plenty of storage space throughout the home. Walk out the french door to the beautiful fenced in yard. Backyard has a professionally installed paver patio 30x17 with Hot Tub (19). Enjoy the space for a Hammock to be hung up and Listen to The crowd ROAR!!!! when the wolverines score a touchdown! 1 car garage with power, storage shed is included and 1 year old. There is also an opportunity for making money by parking cars on the front lawn and driveway during events at the Big House. Don't wait, this home will not last long!!
Last Agent to Sell the Property
Elementary Homes LLC License #6502397283 Listed on: 01/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1941
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 47.00x132.00
- Fenced
- Permeable Paving
Home Design
- Bungalow
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,200 Sq Ft Home
- 1.5-Story Property
- Bar Fridge
- Carbon Monoxide Detectors
Kitchen
- Free-Standing Electric Range
- Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Finished Basement
- Interior Basement Entry
- Sump Pump
Parking
- 1.5 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Spa
- Covered patio or porch
- Shed
Location
- Ground Level
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Programmable Thermostat
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Oak Crest Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 090932226014
- $5,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2021
Closed on
Mar 10, 2021
Sold by
Schwartz Michael and Schwartz Lynda
Bought by
Wade Jeremy and Wade Rebecca
Seller's Agent
Michael Nawrocki
Elementary Homes LLC
Buyer's Agent
Ariel Hurwitz-Greene
Coldwell Banker Realty
List Price
$420,000
Sold Price
$420,000
Total Days on Market
2
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
$145,347
Avg. Annual Appreciation
7.21%
Original Mortgage
$378,000
Outstanding Balance
$342,836
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$222,511
Purchase Details
Closed on
Aug 29, 2011
Sold by
Borz Gerrard Sonja R and Borz Pirielevi
Bought by
Schwartz Michael and Schwartz Lynda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 2004
Sold by
Birk Judith Marie and Birk Cynthia L
Bought by
Gerrard Sonja R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 10, 1997
Sold by
Schippers Jan C
Bought by
Birk Judith M and Birk Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
7.45%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wade Jeremy | $420,000 | None Available | |
| Schwartz Michael | $224,000 | Liberty Title | |
| Gerrard Sonja R | $254,000 | -- | |
| Birk Judith M | $139,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wade Jeremy | $378,000 | |
| Previous Owner | Schwartz Michael | $15,000 | |
| Previous Owner | Schwartz Michael | $210,000 | |
| Previous Owner | Schwartz Michael | $201,600 | |
| Previous Owner | Gerrard Sonja R | $247,000 | |
| Previous Owner | Gerrard Sonja R | $254,000 | |
| Previous Owner | Birk Judith M | $125,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2021 03/10/21 | Sold | $420,000 | 0.0% | $350 / Sq Ft |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- |
| 01/25/2021 01/25/21 | For Sale | $420,000 | -- | $350 / 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 |
|---|---|---|---|---|
| 2024 | $9,499 | $209,800 | $0 | $0 |
| 2023 | $8,758 | $199,700 | $0 | $0 |
| 2022 | $9,186 | $180,600 | $0 | $0 |
| 2021 | $6,108 | $176,800 | $0 | $0 |
| 2020 | $5,985 | $177,500 | $0 | $0 |
| 2019 | $5,696 | $164,300 | $164,300 | $0 |
| 2018 | $5,616 | $157,000 | $0 | $0 |
| 2017 | $5,463 | $140,800 | $0 | $0 |
| 2016 | $4,548 | $106,760 | $0 | $0 |
| 2015 | $4,905 | $106,441 | $0 | $0 |
| 2014 | $4,905 | $103,116 | $0 | $0 |
| 2013 | -- | $103,116 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Nawrocki
Seller's Agent in 2021
Michael Nawrocki
Elementary Homes LLC
(248) 515-7518
1 in this area
95 Total Sales
-
Ariel Hurwitz-Greene
Buyer's Agent in 2021
Ariel Hurwitz-Greene
Coldwell Banker Realty
(734) 646-5333
1 in this area
157 Total Sales
Map
Source: Realcomp
MLS Number: 2210005292
APN: 09-32-226-014
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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