$230,000
SOLD NOV 11, 2024

5133 W Waters Rd Ann Arbor, MI 48103

5 Beds
2 Baths
2,228 Sq Ft
2.2 Acres

Recently Sold

$103 Per Sq Ft

26% Below List Price

10 Days on Market

Highlights

  • 2.2 Acre Lot
  • Cape Cod Architecture
  • Sun or Florida Room
  • Lawton Elementary School Rated A
  • Wood Flooring
  • Porch

About This Home

As of November 2024

Don't miss this charming 1949 farmhouse in Ann Arbor Schools with low township taxes. Situated on a picturesque 2.2-acre lot in an idyllic country setting, this home offers old charm with classic details like original wood flooring and oak woodwork. The south-sloping lot is perfect for a spacious garden. A highlight of this home is its remarkable versatility, ideal for multigenerational living, a creative studio space or even a small business. On one side of the functional breezeway, you'll find four bedrooms and a full bath, while the other side includes an additional bedroom and bath, creating a flexible space to suit your needs. The sunlit breezeway acts as a bridge between the main living quarters and the versatile attached space, presenting endless possibilities for customization. Updates include new well (2024), new water pump, new septic (2014), new propane furnace (2022), most windows replaced (2021-2022).

Last Agent to Sell the Property

Jennifer Logan

Cornerstone Real Estate License #6501388450 Listed on: 09/27/2024

Co-Listed By

Sara Schmitz

Cornerstone Real Estate License #6501397780

Last Buyer's Agent

Wendy Williams

Key Realty One License #6501419293

Key Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1949

Lot Details

  • 2.2 Acre Lot
  • Property is zoned AG, AG

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,228 Sq Ft Home
  • 2-Story Property
  • Sun or Florida Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Stubbed For A Bathroom

Outdoor Features

  • Porch

Schools

  • Lawton Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Water Softener is Owned
  • Septic System
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,372

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1949
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Laminate, Wood
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access
  • LivingArea: 2228.0
  • Basement Rooms:Total Basement SQFT: 1515.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 309999.0
  • Patio and Porch Features: 3 Season Room, Porch(es)
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Heating: Baseboard, Forced Air
  • Heating: Yes
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Sewer: Septic Tank
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Schools

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

Lot Info

  • Lot Size Acres: 2.2
  • Lot Size Area: 2.2
  • Lot Dimensions: 2.2 acres
  • Lot Size Sq Ft: 95832.0
  • Zoning Description: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5372.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 11, 2024
Sold by
Calhoun Terry and Calhoun Sheila
Bought by
Spencer John
Seller's Agent
Jennifer Logan
Cornerstone Real Estate
Buyer's Agent
Wendy Williams
Key Realty One
List Price
$309,999
Sold Price
$230,000
Premium/Discount to List
-$79,999
-25.81%
Total Days on Market
10
Views
102
Current Estimated Value
$251,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,609
Avg. Annual Appreciation
17.74%

Purchase Details

Closed on
Jan 28, 2022
Sold by
First National Acceptance Company
Bought by
Calhoun Terry and Calhoun Sheila

Purchase Details

Closed on
Sep 25, 2015
Sold by
Spiral Tree Llc
Bought by
First National Acceptance Co
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 Ata National Title
Warranty Deed $230,000 Ata National Title
Warranty Deed $160,000 None Listed On Document
Warranty Deed $160,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2024 11/11/24 Sold $230,000 -25.8% $103 / Sq Ft
09/27/2024 09/27/24 For Sale $309,999 -- $139 / Sq Ft
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
2024 $5,208 $123,300 $0 $0
2023 $3,394 $114,300 $0 $0
2022 $1,727 $106,900 $0 $0
2021 $4,813 $104,000 $0 $0
2020 $1,644 $98,200 $0 $0
2019 $4,398 $95,200 $95,200 $0
2018 $4,308 $98,800 $0 $0
2017 $4,114 $98,500 $0 $0
2016 $0 $86,157 $0 $0
2015 -- $85,900 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24050658

Southwestern Michigan Association of REALTORS®

APN: 13-10-200-019