NOT LISTED FOR SALE

507 Lawrence St Ann Arbor, MI 48104

Old Fourth Ward Neighborhood

Estimated Value: $500,847 - $772,000

-- Bed
2 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold September 05, 2012

Last sale price $250,000

Est. 146% increase in value since last sale

Current estimated payment $3,899/month

10 Days on Market

Highlights

  • Laundry Facilities
  • Wood Siding
  • 5-minute walk to Sculpture Plaza
  • Bach Elementary School Rated A

About This Home

As of September 2012

This home is located at 507 Lawrence St, Ann Arbor, MI 48104 since 09 July 2012 and is currently estimated at $613,962. This property was built in 1901. 507 Lawrence St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline High School.

Last Agent to Sell the Property

Marygrace Liparoto

RE/MAX Home Sale Services License #6506044642 Listed on: 07/09/2012

Last Buyer's Agent

Alex Milshteyn

Real Estate One Inc License #6506037173

Real Estate One Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,804

Year Built

  • Built in 1901

Lot Details

  • 2,178

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,178 Sq Ft Lot

Community Details

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,804

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: .05
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4804.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 1
  • Substructure:Full: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 249500.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: .05
  • Lot Size Sq Ft: 2178.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 4804.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2012
Closed on
Sep 5, 2012
Sold by
B G Group Llc
Bought by
Yee Edmond and Yee Blythe
Seller's Agent
Marygrace Liparoto
RE/MAX Home Sale Services
Buyer's Agent
Alex Milshteyn
Real Estate One Inc
List Price
$249,500
Sold Price
$250,000
Premium/Discount to List
$500
0.2%
Current Estimated Value
$613,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,962
Avg. Annual Appreciation
6.98%
Original Mortgage
$187,500
Outstanding Balance
$129,865
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$484,097

Purchase Details

Closed on
Aug 8, 2006
Sold by
Kowal Gerald R and Kowal Barbara J
Bought by
B G Group Llc

Purchase Details

Closed on
Nov 16, 1994
Sold by
Great Lakes Resources In
Bought by
Kowal Gerald R and Kowal Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Yee Edmond $250,000 Liberty Title
B G Group Llc -- None Available
Kowal Gerald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yee Edmond $187,500
Previous Owner Kowal Gerald R $95,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2012 09/05/12 Sold $250,000 +0.2% --
07/19/2012 07/19/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $249,500 -- --
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 $8,071 $203,200 $0 $0
2024 $7,850 $186,900 $0 $0
2023 $7,249 $166,700 $0 $0
2022 $8,773 $192,800 $0 $0
2021 $8,525 $191,800 $0 $0
2020 $8,257 $197,400 $0 $0
2019 $7,876 $197,500 $197,500 $0
2018 $7,727 $197,900 $0 $0
2017 $7,455 $170,800 $0 $0
2016 $7,264 $117,394 $0 $0
2015 $6,965 $117,043 $0 $0
2014 $6,965 $113,400 $0 $0
2013 -- $113,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marygrace Liparoto

    RE/MAX Home Sale Services

  • Alex Milshteyn

    Buyer's Agent in 2012

    Alex Milshteyn

    Real Estate One Inc

    (734) 417-3560

    5 in this area

    1,120 Total Sales

    Alex Milshteyn
    Section Image

  • A

    Buyer's Agent in 2012

    Aleksandr Milshteyn

    Howard Hanna Real Estate

See All Agents

Map

Source: MichRIC

MLS Number: 17717

MichRIC

APN: 09-29-103-004

Michigan Washtenaw County Ann Arbor 48104 Old Fourth Ward

507 Lawrence St, Ann Arbor, MI

Not Listed for Sale

MultiFamily

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