NOT LISTED FOR SALE

515 N 5th Ave Unit 2 Ann Arbor, MI 48104

Kerrytown Neighborhood

Estimated Value: $1,747,000 - $1,930,040

3 Beds
6 Baths
3,061 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: December 5, 2019

Last sale price $1,149,000 $375 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $12,882 / mo

227 Days on Market

Highlights

  • Indoor Spa
  • 0.2 Acre Lot
  • Contemporary Architecture
  • Bach Elementary School Rated A
  • Deck
  • 3-minute walk to Sculpture Plaza

About This Home

As of December 2019

Unbelievable finishes in this well-appointed urban home in the heart of Kerrytown - and within walking distance to U of M stadium! Completely custom designed, this nearly 3,100 sq ft condo is geared towards entertaining & everyday living. This ultra-refined luxury home exudes taste & warmth, from the 2-car heated garage, heated driveway & walkways to the stunning walnut plank wood flr. The Gourmet Kitchen w/ custom lighting features a large quartz island, SS Miele appliances & Scavolini Custom Cabinetry meant for the chef that entertains. The spectacular gas fireplace accents the sophistication of the Living/Dining Rm which opens to a fabulous outdoor living area. A powder room & laundry w/ Dog Wash for urban dwellers/pet lovers complete the 1st flr. 2nd flr features a Master Suite w/ 2 walk-in closets, radiant heated bathrm flrs and 2nd bed/full bath; Paragon Media & Elan systems & surround sound. Exec office space w/ wet bar, lounge, full bath & prvte deck complete the 3rd flr. The LL features 3rd full bdrm (w/egress), 1.5 baths, FR, kitchen & 2nd laundry - ideal for house guests or in-home SPA. Live well-just blocks from favorite eateries, farmers mkt, & Zingerman's. Walk to UM Football Games! Truly a special place., Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Michelle Shulman

The Charles Reinhart Company License #6501382026 Listed on: 04/12/2019

The Charles Reinhart Company

Last Buyer's Agent

Melissa Vandam

The Charles Reinhart Company License #6506044622

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,651

Year Built

  • Built in 2013

Lot Details

  • Private Entrance
  • Sprinkler System
  • Back Yard Fenced

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
  • Bar Fridge
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Indoor Spa
  • Finished Basement
  • Sump Pump
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Bach Elementary School
  • Forsythe 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,651

Year Built

Built in 2013

Lot Details

8,712 Sq Ft Lot

HOA Fees

$565 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 3
  • Year Built: 2013
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 524.48
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66 x 133 entire unit
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3061.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 16651.0
  • Tax Info:Zoning3: R4C
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • General Property Info:Entry Type: Private
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 2288.0
  • Additional Items:Sump Pump: Yes
  • Additional Items:Basement Finished: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Forsythe Middle School
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Security Features:Security System: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hot Tub Spa, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • LivingArea: 3061.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Basement Finished SQFT: 773.0
  • Basement Rooms:Total Basement SQFT: 773.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Bar Fridge: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 773.0

Exterior Features

  • Construction Materials: HardiPlank Type
  • Exterior Features: Balcony
  • Fencing: Fenced Back
  • List Price: 1200000.0
  • Lot Features: Sidewalk, Site Condo
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Exterior Features:Balcony: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Heated Garage, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0
  • Parking Features:Heated Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Security Features: Security System
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 565.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 565.0
  • Association Info:Assoc Fee Payable: Monthly

Fee Information

  • Association Fee Includes: Water, Snow Removal, Lawn/Yard Care

Schools

  • Elementary School: Bach Elementary School
  • High School: Skyline High School
  • Middle/Junior School: Forsythe Middle School

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 66 x 133 entire unit
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: R4C

Tax Info

  • Tax Annual Amount: 16651.0
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Dec 5, 2019
Sold by
Bought by
Seller's Agent
Michelle Shulman
The Charles Reinhart Company
Buyer's Agent
Melissa Vandam
The Charles Reinhart Company
List Price
$1,400,000
Sold Price
$1,149,000
Premium/Discount to List
-$251,000
-17.93%
Current Estimated Value
$1,840,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,260
Avg. Annual Appreciation
7.46%
Original Mortgage
$484,350
Outstanding Balance
$328,732
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,511,528

Purchase Details

Closed on
Sep 26, 2019
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,149,000 American Ttl Co Of Washtenaw
-- American Ttl Co Of Washtenaw
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $484,350
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $1,149,000 -17.9% $375 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $1,400,000 -- $457 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $28,525 $768,000 $0 $0
2024 $27,821 $722,600 $0 $0
2023 $25,653 $660,300 $0 $0
2022 $27,954 $612,100 $0 $0
2021 $27,295 $586,500 $0 $0
2020 $26,744 $524,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Shulman

    Seller's Agent in 2019

    Michelle Shulman

    The Charles Reinhart Company

    (734) 730-4827

    126 Total Sales

    Michelle Shulman
    Section Image
  • Melissa Vandam

    Buyer's Agent in 2019

    Melissa Vandam

    The Charles Reinhart Company

    (734) 417-1581

    1 in this area

    75 Total Sales

    Melissa Vandam
    Section Image
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Map

Source: MichRIC

MLS Number: 23101973

MichRIC

APN: 09-29-122-021

Michigan Washtenaw County Ann Arbor 48104 Kerrytown

515 N 5th Ave Unit 2, Ann Arbor, MI

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.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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