Seller's Agent in 2022
James Danley
KW Domain
(248) 671-3092
1 in this area
194 Total Sales
515 N 5th Ave Unit 3 Ann Arbor, MI 48104
Kerrytown Neighborhood
2
Beds
2
Baths
903
Sq Ft
$265/mo
HOA Fee
Highlights
- Contemporary Architecture
- Wood Flooring
- Patio
- Bach Elementary School Rated A
- Eat-In Kitchen
- 3-minute walk to Wheeler Park
About This Home
As of September 2022Walk to Zingermans! Located in the heart of Kerrytown and within walking distance to everything, this unit showcases the newest and most up to date ideas and features. This 2 bedroom, 2 bath condo was built in 2013 and features a fire suppression system, hardwood floors, state of the art kitchen with stainless steel appliances, center island with granite counter top and room for seating. White shaker style wood cabinets, stainless steel sink and subway tile backsplash. Neutral decor with modern lighting throughout. Large family room area with space for dining room furniture or desk area. Each bedroom has large closets and its own full bathroom. Features in each bathroom include, tile floors, wood vanities, tile showers, and glass doors. This building was recently converted from an apartme apartment building to 4 individual condominiums units named 515 N. Fifth Avenue, LLC. Association fee is $265 a month and includes the following: Building exterior, snow removal, water, and lawn care for common area. Residential neighborhood parking permits are available.
Last Agent to Sell the Property
The Charles Reinhart Company License #6506044898 Listed on: 05/13/2019
Last Buyer's Agent
The Charles Reinhart Company License #6506044898 Listed on: 05/13/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,139
Year Built
- Built in 2013
HOA Fees
- $265 Monthly HOA Fees
Home Design
- Contemporary Architecture
- HardiePlank Siding
Interior Spaces
- 903 Sq Ft Home
- Window Treatments
Kitchen
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Bach Elementary School
- Slauson Middle School
- Skyline High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- Patio
- Sprinkler System
Community Details
- Association fees include water, snow removal, lawn/yard care
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2022
Closed on
Aug 30, 2022
Sold by
Kevin Papak
Bought by
Robert And Pamela Solomon Family Trust
Seller's Agent
James Danley
KW Domain
Buyer's Agent
Emily Schoen
Keller Williams Ann Arbor
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%
Views
3
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
$141,117
Avg. Annual Appreciation
9.04%
Purchase Details
Listed on
May 13, 2019
Closed on
Dec 26, 2019
Sold by
515 North Fifith Avenue Llc
Bought by
Papak Kevin
Seller's Agent
Lisa Stelter
The Charles Reinhart Company
Buyer's Agent
Lisa Stelter
The Charles Reinhart Company
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$300,000
Interest Rate
3.6%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $460,000 | None Listed On Document | |
| Warranty Deed | $400,000 | American Ttl Co Of Washtenaw |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2022 09/01/22 | Sold | $460,000 | -5.2% | $509 / Sq Ft |
| 08/10/2022 08/10/22 | Pending | -- | -- | -- |
| 08/01/2022 08/01/22 | Price Changed | $485,000 | -3.0% | $537 / Sq Ft |
| 07/27/2022 07/27/22 | For Sale | $499,900 | 0.0% | $554 / Sq Ft |
| 07/26/2022 07/26/22 | Pending | -- | -- | -- |
| 07/12/2022 07/12/22 | Price Changed | $499,900 | -4.8% | $554 / Sq Ft |
| 06/24/2022 06/24/22 | For Sale | $524,900 | +31.2% | $581 / Sq Ft |
| 12/26/2019 12/26/19 | Sold | $400,000 | -11.1% | $443 / Sq Ft |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
| 05/13/2019 05/13/19 | For Sale | $450,000 | -- | $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 | $12,580 | $272,200 | $0 | $0 |
| 2024 | $11,715 | $259,900 | $0 | $0 |
| 2023 | $10,802 | $243,000 | $0 | $0 |
| 2022 | $10,980 | $229,900 | $0 | $0 |
| 2021 | $10,721 | $222,900 | $0 | $0 |
| 2020 | $10,505 | $206,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
James Danley
-
Emily Schoen
E
Buyer's Agent in 2022
Emily Schoen
Keller Williams Ann Arbor
(419) 699-0729
1 in this area
21 Total Sales
-
Lisa Stelter
Seller's Agent in 2019
Lisa Stelter
The Charles Reinhart Company
(734) 645-7909
10 in this area
225 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 50252
APN: 09-29-122-022
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