NOT LISTED FOR SALE

510 S 4th Ave Ann Arbor, MI 48104

Germantown Neighborhood

Estimated Value: $795,439 - $1,033,000

-- Bed
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 30, 2019

Last sale price $640,000

Est. 48% increase in value since last sale

Current estimated payment $6,620/month

48 Days on Market

Highlights

  • Central Air
  • Community Storage Space
  • 4-minute walk to Hanover Square Park
  • Bach Elementary School Rated A

About This Home

As of April 2019

This home is located at 510 S 4th Ave, Ann Arbor, MI 48104 since 12 March 2019 and is currently estimated at $947,610. This property was built in 1901. 510 S 4th Ave is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Chris Vessels

Metro Property Services License #6501392137 Listed on: 03/12/2019

Last Buyer's Agent

Jennifer Langenburg

Keller Williams Ann Arbor Mrkt License #6506048133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,050

Year Built

  • Built in 1901

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 40x66

Parking

  • 2 Parking Spaces

Basement

  • Walk-Out Basement
  • Crawl Space
  • Natural lighting in basement

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for water

Community Details

Building Details

  • Insurance Expense $1,000
  • Gross Income $54,000

Additional Features

  • Property has a Home Owners Association
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,050

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: 40x66
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6050.0
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 1
  • Air Conditioning:Central Air: Yes
  • Substructure:Walk Out: Yes
  • Substructure:Daylight: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Pioneer
  • General Property Info Middle School2: Slauson
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Daylight, Walk Out
  • Basement: Yes

Exterior Features

  • Construction Materials: Block
  • List Price: 639900.0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV, Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes
  • Assoc Amenities:Storage: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 40x66
  • Lot Size Sq Ft: 2614.0
  • Zoning Description: R4C
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water

Multi Family

  • Gross Income: 54000.0
  • Insurance Expense: 1000.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 6050.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 30, 2019
Sold by
510 S Fourth Ave Llc
Bought by
Chimney Beach I Llc
Seller's Agent
Chris Vessels
Metro Property Services
Buyer's Agent
Jennifer Langenburg
Keller Williams Ann Arbor Mrkt
List Price
$639,900
Sold Price
$640,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$947,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,610
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Jul 24, 2015
Sold by
Alawi Zaki and Karim Samaher
Bought by
510 S Fourth Ave Llc
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
Chimney Beach I Llc -- Devon Title Agency
510 S Fourth Ave Llc -- Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Za Holding Company Llc $4,750,000
Previous Owner Alawi Zaki $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $640,000 0.0% --
04/29/2019 04/29/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $639,900 -- --
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 $16,630 $304,300 $0 $0
2024 $13,972 $279,000 $0 $0
2023 $12,901 $249,300 $0 $0
2022 $15,900 $238,500 $0 $0
2021 $15,174 $228,800 $0 $0
2020 $14,696 $224,600 $0 $0
2019 $6,166 $224,500 $224,500 $0
2018 $6,050 $211,600 $0 $0
2017 $5,836 $203,400 $0 $0
2016 $5,687 $183,800 $0 $0
2015 $5,334 $91,632 $0 $0
2014 $5,334 $86,832 $0 $0
2013 -- $86,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Vessels

    Seller's Agent in 2019

    Chris Vessels

    Metro Property Services

    (734) 649-2409

    1 in this area

    21 Total Sales

    Chris Vessels
    Section Image

  • J

    Buyer's Agent in 2019

    Jennifer Langenburg

    Keller Williams Ann Arbor Mrkt

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18116

Southwestern Michigan Association of REALTORS®

APN: 09-29-430-011

Michigan Washtenaw County Ann Arbor 48104 Germantown

510 S 4th Ave, Ann Arbor, MI

This home is located at 510 S 4th Ave, Ann Arbor, MI 48104 since 12 March 2019 and is currently estimated at $947,610. This property was built in 1901. 510 S 4th Ave is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer 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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