$755,000
$40K PRICE DROP

508 W Summit St Ann Arbor, MI 48103

Water Hill Neighborhood

Estimated payment $5,644/month

Total Views 10,983
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.22 Acre Lot
  • 1 Fireplace
  • Forced Air Heating System
  • Bach Elementary School Rated A
  • Laundry Room
  • 2-minute walk to Belize Park

About This Home

This home is located at 508 W Summit St, Ann Arbor, MI 48103 and is currently priced at $755,000. This property was built in 1901. 508 W Summit St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline High School.

Listing Agent

Jon Keller

J Keller Properties, LLC License #6502370935 Listed on: 08/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,744

Year Built

  • Built in 1901

Lot Details

  • 9,496 Sq Ft Lot
  • Lot Dimensions are 82 x 116

Parking

  • 4 Parking Spaces

Home Design

  • Stucco

Interior Spaces

  • 1 Fireplace
  • Laundry Room

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,744

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 82 x 116
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R2A
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 5
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Stucco
  • List Price: 755000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Stucco: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area, In Basement, Laundry Room
  • Utilities: Cable Available, Cable Connected

Association/Amenities

  • Association Info:Assoc Buy in Fee: 0

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 82 x 116
  • Lot Size Sq Ft: 9496.0
  • Zoning Description: R2A

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Sewer, Gas

Multi Family

  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 18744.0
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $17,861 $291,600 $0 $0
2024 $14,534 $269,800 $0 $0
2023 $13,856 $265,300 $0 $0
2022 $12,181 $247,700 $0 $0
2021 $11,836 $235,900 $0 $0
2020 $11,464 $221,500 $0 $0
2019 $10,935 $209,500 $209,500 $0
2018 $10,729 $192,200 $0 $0
2017 $10,350 $183,000 $0 $0
2016 $8,053 $162,987 $0 $0
2015 $5,763 $162,500 $0 $0
2014 $5,763 $93,819 $0 $0
2013 -- $93,819 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $755,000 -2.6% --
05/12/2025 05/12/25 Price Changed $775,000 -2.5% --
04/23/2025 04/23/25 For Sale $795,000 +43.0% --
11/10/2022 11/10/22 Sold $556,100 -30.4% $324 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $799,000 -- $466 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $556,100 Liberty Title
Warranty Deed $415,000 None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,525,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25016569

Southwestern Michigan Association of REALTORS®

APN: 09-20-301-002

Michigan Washtenaw County Ann Arbor 48103 Water Hill

508 W Summit St, Ann Arbor, MI

This home is located at 508 W Summit St, Ann Arbor, MI 48103 and is currently priced at $755,000. This property was built in 1901. 508 W Summit St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline 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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Jon Keller
Listing Agent
Jon Keller
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J Keller Properties, LLC
(734) 371-8144