NOT LISTED FOR SALE

507 Walnut St Ann Arbor, MI 48104

Angell Neighborhood

Estimated Value: $560,000 - $1,274,000

5 Beds
3 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold June 30, 2017

Last sale price $720,000

Est. 28% increase in value since last sale

Current estimated payment $6,180/month

14 Days on Market

Highlights

  • Laundry Facilities
  • Wood Siding
  • 2-minute walk to South University Park
  • Angell School Rated A+

About This Home

As of June 2017

This home is located at 507 Walnut St, Ann Arbor, MI 48104 since 15 June 2017 and is currently estimated at $921,297. This property was built in 1900. 507 Walnut St is a home located in Washtenaw County with nearby schools including Angell School, Tappan Middle School, and Huron High School.

Last Agent to Sell the Property

Jen Langenburg

Savarino Properties Inc License #6506048133 Listed on: 06/15/2017

Last Buyer's Agent

Jen Langenburg

Savarino Properties Inc License #6506048133 Listed on: 06/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,174

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 36 x 61

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Burns Park Elementary School
  • Tappan Middle School
  • Huron High School

Listing and Financial Details

  • Tenant pays for electric, water

Community Details

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $500
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,174

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 36 x 61
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 13174.0
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 1
  • Substructure:Full: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Burns Park
  • General Property Info High School: Huron
  • General Property Info Middle School2: Tappan
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 720000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Schools

  • Elementary School: Burns Park
  • High School: Huron
  • Middle/Junior School: Tappan

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 36 x 61
  • Lot Size Sq Ft: 2178.0
  • Zoning Description: R4C
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 60000.0
  • Insurance Expense: 500.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 13174.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jun 30, 2017
Sold by
Gre507 Llc
Bought by
507 Walnut Llc
Seller's Agent
Jen Langenburg
Savarino Properties Inc
Buyer's Agent
Jen Langenburg
Savarino Properties Inc
List Price
$720,000
Sold Price
$720,000
Current Estimated Value
$921,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,297
Avg. Annual Appreciation
2.16%
Original Mortgage
$506,250
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 1999
Sold by
Graham Michaela
Bought by
Starman Jeffrey S
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
507 Walnut Llc -- Devon Title Agency
Starman Jeffrey S $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 507 Walnut Llc $506,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $720,000 0.0% --
06/29/2017 06/29/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $720,000 -- --
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 $15,552 $236,400 $0 $0
2024 $13,066 $245,600 $0 $0
2023 $12,065 $233,800 $0 $0
2022 $14,602 $220,000 $0 $0
2021 $14,272 $214,200 $0 $0
2020 $13,833 $211,400 $0 $0
2019 $13,649 $214,600 $214,600 $0
2018 $13,827 $216,400 $0 $0
2017 $13,519 $224,300 $0 $0
2016 $13,173 $212,900 $0 $0
2015 $7,106 $117,674 $0 $0
2014 $7,106 $113,998 $0 $0
2013 -- $113,998 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jen Langenburg

    Savarino Properties Inc

    (734) 255-2010

    Jen Langenburg
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17960

Southwestern Michigan Association of REALTORS®

APN: 09-28-412-026

Michigan Washtenaw County Ann Arbor 48104 Angell

507 Walnut St, Ann Arbor, MI

This home is located at 507 Walnut St, Ann Arbor, MI 48104 since 15 June 2017 and is currently estimated at $921,297. This property was built in 1900. 507 Walnut St is a home located in Washtenaw County with nearby schools including Angell School, Tappan Middle School, and Huron 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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