509 Spring St Ann Arbor, MI 48103
Water Hill NeighborhoodEstimated Value: $706,000 - $848,000
4
Beds
2
Baths
2,052
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- 0.24 Acre Lot
- Wood Flooring
- Porch
- Bach Elementary School Rated A
- No HOA
- 5-minute walk to Belize Park
About This Home
As of April 2017Located in fabulous Water Hill and just 4 1/2 blocks to downtown Ann Arbor, this solid, roomy turn-of-the-century farmhouse is currently set up as a duplex with 1 - 2 bedrooms (one does not have a closet) on the ground floor unit and 2-3 bedrooms up (one also does not have a closet). Purchase and keep as an investment source, or very easily convert it back to a single family home by opening up the stairwell. The deep lot is large enough to support a sizable addition or if converted to single family, a second attached home making this a tremendous development opportunity. The first floor bathroom has been recently remodeled. All bedrooms are much larger than often seen in homes of this era. Original wide plank hardwood floors throughout much of the first floor. Driveway can be added off of alley behind the house. Construction activity can use alley access as well. See MLS #3244198 for more rental information.
Last Agent to Sell the Property
The Charles Reinhart Company License #6501305550 Listed on: 09/29/2016
Last Buyer's Agent
Laura Detwyler
The Charles Reinhart Company License #6501383934
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,412
Year Built
- Built in 1901
Lot Details
- 10,411 Sq Ft Lot
- Private Entrance
- Property is zoned R2A, R2A
Home Design
- Aluminum Siding
Interior Spaces
- 2,052 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Window Treatments
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Michigan Basement
- Partial Basement
Schools
- Wines Elementary School
- Slauson Middle School
- Skyline High School
Additional Features
- Porch
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 19, 2021
Sold by
Constand Dana M and Laura A Detwyler Trust
Bought by
Anderson Derek and Ryen Maria
Total Days on Market
189
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$343,694
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$417,348
Purchase Details
Closed on
Oct 8, 2021
Sold by
Costand Dana M
Bought by
Constand Dana M and Laura A Detwyler Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$343,694
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$417,348
Purchase Details
Closed on
Aug 25, 2021
Sold by
Constand Dana M
Bought by
Constand Dana M and Detwyler Nicholas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000,000
Interest Rate
3.09%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 30, 2021
Sold by
Detwyler Laura A
Bought by
Detwyler Laura A and Constand Dana M
Purchase Details
Closed on
Jul 15, 2021
Sold by
Detwyler Laura Ann
Bought by
Detwyler Nicholas and Detwyler Laura Ann
Purchase Details
Listed on
Sep 29, 2016
Closed on
Apr 5, 2017
Sold by
Dewitt Dennis A
Bought by
Detwyler Laura
Seller's Agent
Anne Sloan
The Charles Reinhart Company
Buyer's Agent
Laura Detwyler
The Charles Reinhart Company
List Price
$525,000
Sold Price
$525,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$420,000
Interest Rate
4.3%
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 |
|---|---|---|---|
| Anderson Derek | $670,000 | None Available | |
| Constand Dana M | -- | None Available | |
| Constand Dana M | -- | None Available | |
| Detwyler Laura A | -- | None Available | |
| Detwyler Laura A | -- | None Available | |
| Detwyler Nicholas | -- | None Available | |
| Detwyler Laura | $525,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Derek | $370,000 | |
| Previous Owner | Constand Dana M | $63,000,000 | |
| Previous Owner | Detwyler Laura | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2017 04/07/17 | Sold | $525,000 | 0.0% | $256 / Sq Ft |
| 04/06/2017 04/06/17 | Pending | -- | -- | -- |
| 09/29/2016 09/29/16 | For Sale | $525,000 | -- | $256 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
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 | $12,076 | $235,200 | $0 | $0 |
| 2023 | $11,052 | $211,600 | $0 | $0 |
| 2022 | $13,739 | $207,000 | $0 | $0 |
| 2021 | $9,404 | $200,400 | $0 | $0 |
| 2020 | $9,214 | $201,000 | $0 | $0 |
| 2019 | $8,769 | $177,400 | $177,400 | $0 |
| 2018 | $8,972 | $179,800 | $0 | $0 |
| 2017 | $4,368 | $176,300 | $0 | $0 |
| 2016 | $5,404 | $87,345 | $0 | $0 |
| 2015 | $5,182 | $87,084 | $0 | $0 |
| 2014 | $5,182 | $84,364 | $0 | $0 |
| 2013 | -- | $84,364 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Anne Sloan
Seller's Agent in 2017
Anne Sloan
The Charles Reinhart Company
(734) 476-3444
1 in this area
77 Total Sales
-
L
Buyer's Agent in 2017
Laura Detwyler
The Charles Reinhart Company
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 46665
APN: 09-29-219-013
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