Seller's Agent in 2021
Lisa Stelter
The Charles Reinhart Company
(734) 645-7909
10 in this area
245 Total Sales
515 N 5th Ave Unit 1 Ann Arbor, MI 48104
Kerrytown NeighborhoodEstimated Value: $1,559,000 - $1,823,000
3
Beds
3.5
Baths
3,003
Sq Ft
$565/mo
HOA Fee
Highlights
- Spa
- Contemporary Architecture
- End Unit
- Bach Elementary School Rated A
- Wood Flooring
- 3-minute walk to Wheeler Park
About This Home
As of September 2021Step into this luxurious condominium, which exudes quality located in the heart of Kerrytown. Sophisticated design with attention to detail at every turn. Full house fire suppression system, lighting, heat, sound and alarm system on Control 4 platform, heated garage with built in cabinets, 2 zoned HVAC units, Oak wide plank floors on first floor, Walnut cabinets by Bella Cucina Design, soft touch close, glass front cabinets, Miele appliances, Caesarstone countertops, mirrored backsplash, center island 7.5 x 3.5, and walk in pantry or wine room with mirrored doors. Dining room has a Lenox double sided fireplace to exterior. 2nd level is a primary suite with fireplace, 24 x 9 walk in closet with shelving, primary bath with heated floors, Bain Ultra soaking tub, tile shower, mirrored designed designed double vanities and laundry room. 3rd floor has open foyer/niche, bedroom, full bathroom, flex space 16 x 12 with private balcony. Awesome lower level with family room, wetbar, bedroom with attached full bathroom. Exterior, VERY private outdoor space that includes a covered front porch, rear courtyard with 18 x 18 stone tiles, water feature with lighted natural basalts and privacy fence. 2 car garage PLUS additional parking space next to porch!, Primary Bath, Rec Room: Finished
Last Agent to Sell the Property
The Charles Reinhart Company License #6506044898 Listed on: 07/30/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $26,575
Year Built
- Built in 2013
Lot Details
- End Unit
- Fenced Yard
- Sprinkler System
HOA Fees
- $565 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- HardiePlank Siding
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Window Treatments
- Home Security System
Kitchen
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Basement
- Sump Pump
- Stubbed For A Bathroom
Outdoor Features
- Spa
- Balcony
- Patio
- Porch
Schools
- Bach Elementary School
- Slauson Middle School
- Skyline High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Water Softener is Owned
- Cable TV Available
Community Details
- Association fees include water, snow removal, lawn/yard care
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2021
Closed on
Sep 9, 2021
Sold by
Bayer Daniel
Bought by
Wallace Richard P and Wallace Mata F
Seller's Agent
Lisa Stelter
The Charles Reinhart Company
Buyer's Agent
Debora Odom Stern
The Charles Reinhart Company
List Price
$1,499,000
Sold Price
$1,450,000
Premium/Discount to List
-$49,000
-3.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,642
Avg. Annual Appreciation
5.22%
Purchase Details
Listed on
Apr 5, 2019
Closed on
Oct 22, 2019
Sold by
Burskey Robert J and Burskey Maureen E
Bought by
Bayer Daniel
Seller's Agent
Lisa Stelter
The Charles Reinhart Company
Buyer's Agent
Lisa Stelter
The Charles Reinhart Company
List Price
$1,495,000
Sold Price
$1,115,000
Premium/Discount to List
-$380,000
-25.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Original Mortgage
$484,350
Interest Rate
3.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wallace Richard P | $1,450,000 | American Ttl Co Of Washtenaw | |
| Bayer Daniel | $1,115,000 | American Ttl Co Of Washtenaw |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bayer Daniel | $484,350 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2021 09/13/21 | Sold | $1,450,000 | -3.3% | $483 / Sq Ft |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | For Sale | $1,499,000 | +34.4% | $499 / Sq Ft |
| 10/22/2019 10/22/19 | Sold | $1,115,000 | -25.4% | $371 / Sq Ft |
| 10/11/2019 10/11/19 | Pending | -- | -- | -- |
| 04/05/2019 04/05/19 | For Sale | $1,495,000 | -- | $498 / 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 |
|---|---|---|---|---|
| 2025 | $41,551 | $736,400 | $0 | $0 |
| 2024 | $34,909 | $693,100 | $0 | $0 |
| 2023 | $41,551 | $633,700 | $0 | $0 |
| 2022 | $39,015 | $587,800 | $0 | $0 |
| 2021 | $26,244 | $563,400 | $0 | $0 |
| 2020 | $25,714 | $504,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Stelter
-
Debora Odom Stern
Buyer's Agent in 2021
Debora Odom Stern
The Charles Reinhart Company
(734) 604-3704
4 in this area
151 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23111621
APN: 09-29-122-020
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