NOT LISTED FOR SALE

507 2nd St Ann Arbor, MI 48103

Old West Side Neighborhood

Estimated Value: $785,895 - $965,000

3 Beds
2.5 Baths
1,887 Sq Ft
$443/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $625,000 $331 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,650/month

Highlights

  • Indoor Spa
  • Deck
  • Wood Flooring
  • Bach Elementary School Rated A
  • Vaulted Ceiling
  • 1 Fireplace

About This Home

As of December 2021

**For Comp. purposes only. Beautiful Old West Side home. This home has three bedrooms, with the master suite, master bathroom, and a relaxing sitting area all on the third floor. Unique second floor balcony. A large backyard, deck, and two car garage., Primary Bath

Last Agent to Sell the Property

Virginia Hannon

Berkshire Hathaway HomeService License #6501273603 Listed on: 12/03/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Virginia Hannon

Berkshire Hathaway HomeService License #6501273603 Listed on: 12/03/2021

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,688

Year Built

  • Built in 1911

Lot Details

  • 9,148 Sq Ft Lot
  • Historic Home
  • Property is zoned R2A, R2A

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,887 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Indoor Spa
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Porch

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • William S Maynards Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,688

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Historic
  • Stories: 2
  • Year Built: 1911
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 331.21
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1887.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 7688.0
  • Tax Info:Zoning3: R2A
  • 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
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Location Property Info:Subdivision2: William S Maynards Add
  • Air Conditioning:Window Unit(s): Yes
  • Windows:Skylight(s): Yes
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 1887.0
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Architectural Style Historic: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Hot Tub Spa, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1887.0
  • Window Features: Skylight(s), Window Treatments
  • General Property Info:Stories2: 2.5
  • Basement Rooms:Total Basement SQFT: 790.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Balcony
  • List Price: 625000.0
  • Patio and Porch Features: Deck, Porch(es)
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9148.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7688.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Nov 30, 2021
Sold by
Adams Nathan and Adams Emma
Bought by
Adams Nathan and Adams Emma
Seller's Agent
Virginia Hannon
Berkshire Hathaway HomeService
Buyer's Agent
Virginia Hannon
Berkshire Hathaway HomeService
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$835,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,724
Avg. Annual Appreciation
7.51%
Original Mortgage
$562,500
Outstanding Balance
$517,560
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$318,164
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adams Nathan $625,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Nathan $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $625,000 0.0% $331 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $625,000 -- $331 / 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 $15,032 $361,400 $0 $0
2024 $14,661 $338,700 $0 $0
2023 $13,518 $304,100 $0 $0
2022 $14,511 $285,300 $0 $0
2021 $7,688 $276,500 $0 $0
2020 $7,533 $268,200 $0 $0
2019 $7,169 $264,100 $264,100 $0
2018 $7,068 $250,100 $0 $0
2017 $6,875 $250,800 $0 $0
2016 $6,633 $137,487 $0 $0
2015 $6,317 $137,076 $0 $0
2014 $6,317 $132,794 $0 $0
2013 -- $132,794 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Virginia Hannon

    Berkshire Hathaway HomeService

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Map

Source: MichRIC

MLS Number: 23089566

MichRIC

APN: 09-29-317-029

Michigan Washtenaw County Ann Arbor 48103 Old West Side

507 2nd St, Ann Arbor, MI

Not Listed for Sale

Detached

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MichRIC Information is deemed reliable but not guaranteed.
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