525 4th St Ann Arbor, MI 48103
Old West Side NeighborhoodEstimated Value: $1,304,000 - $1,767,091
5
Beds
3.5
Baths
3,928
Sq Ft
$393/Sq Ft
Est. Value
Highlights
- 0.25 Acre Lot
- Recreation Room
- Wood Flooring
- Bach Elementary School Rated A
- Vaulted Ceiling
- 2-minute walk to Wurster Park
About This Home
As of April 2023OFFERS DUE 4-10 AT 5PM. 525 Fourth Street, a unique treasure.In the heart of the Old West Side, this 1910 home is a blend of historic charm and modern design.A 2016 remodel transformed it into 3411 SF of wonderful living, all on a lot and a half. Arrive on the original front porch, enter the spacious foyer with its noteworthy staircase and built-in bench seat. From there, move to the living room - large enough to hold a grand piano. The remainder of the first floor has been reconfigured to combine dining/kitchen/common spaces. A chef's kitchen with double oven, gas range and huge breakfast bar leads to a mudroom, powder room and back entry.The dining area features a bay window and space for a large table.The open study area - with built-ins - flows to a large family room with gas fireplac fireplace. Upstairs, the new primary suite has a vaulted ceiling, 2 walk-in closets and lovely new bath; three add'l bedrooms share a new bath with terrific sink. Skylights, book nooks and great views make the 3rd floor space a winner.In the basement guests will enjoy a full bath, finished space and work-out room. The original two-story barn holds 2 cars and lot of toys. This historic home is a rare find in superb condition., Primary Bath, Rec Room: Finished
Last Agent to Sell the Property
The Charles Reinhart Company License #6501357880 Listed on: 03/30/2023
Last Buyer's Agent
The Charles Reinhart Company License #6501357880 Listed on: 03/30/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,979
Year Built
- Built in 1910
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 82 x 132
- Private Entrance
- Historic Home
- Property is zoned R2A, R2A
Home Design
- Wood Siding
- HardiePlank Siding
Interior Spaces
- 3-Story Property
- Bar Fridge
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Window Treatments
- Living Room
- Dining Area
- Recreation Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Double Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- 1 Bedroom in Basement
Parking
- Detached Garage
- Garage Door Opener
Outdoor Features
- Patio
- Porch
Schools
- Bach Elementary School
- Slauson Middle School
- Pioneer High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
- William S Maynards Add Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2023
Closed on
Apr 28, 2023
Sold by
Fraumann Robert K and Fraumann Katherine M
Bought by
Dykhouse John R and Keidel Carly M
Seller's Agent
Jean Wedemeyer
The Charles Reinhart Company
Buyer's Agent
Jean Wedemeyer
The Charles Reinhart Company
List Price
$1,450,000
Sold Price
$1,778,000
Premium/Discount to List
$328,000
22.62%
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
-$234,303
Avg. Annual Appreciation
-4.96%
Purchase Details
Listed on
May 1, 2014
Closed on
Jul 22, 2014
Sold by
Duke Nell K and Ammer David S
Bought by
Fraumann Robert K and Fraumann Katherine M
Seller's Agent
Elizabeth Brien
The Charles Reinhart Company
Buyer's Agent
Jean Wedemeyer
The Charles Reinhart Company
List Price
$750,000
Sold Price
$750,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$600,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2003
Sold by
Steiger Jon R and Kerbawy Kelli L
Bought by
Ammer David S and Duke Nell K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.71%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 9, 2002
Sold by
Hough Raymond L
Bought by
Steiger Jon R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dykhouse John R | $1,778,000 | Preferred Title | |
| Fraumann Robert K | $750,000 | American Title Co | |
| Ammer David S | $445,000 | Liberty Title Agency | |
| Steiger Jon R | $410,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fraumann Robert K | $722,000 | |
| Previous Owner | Fraumann Robert K | -- | |
| Previous Owner | Fraumann Robert K | $600,000 | |
| Previous Owner | Duke Nell K | $100,000 | |
| Previous Owner | Duke Nell K | $150,000 | |
| Previous Owner | Ammer David S | $210,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $1,778,000 | +22.6% | $453 / Sq Ft |
| 04/19/2023 04/19/23 | Pending | -- | -- | -- |
| 03/30/2023 03/30/23 | For Sale | $1,450,000 | +93.3% | $369 / Sq Ft |
| 07/23/2014 07/23/14 | Sold | $750,000 | 0.0% | $253 / Sq Ft |
| 07/22/2014 07/22/14 | Pending | -- | -- | -- |
| 05/01/2014 05/01/14 | For Sale | $750,000 | -- | $253 / 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 |
|---|---|---|---|---|
| 2024 | $19,215 | $468,700 | $0 | $0 |
| 2023 | $19,215 | $419,000 | $0 | $0 |
| 2022 | $17,979 | $416,000 | $0 | $0 |
| 2021 | $17,555 | $400,700 | $0 | $0 |
| 2020 | $17,200 | $387,000 | $0 | $0 |
| 2019 | $16,369 | $381,400 | $381,400 | $0 |
| 2018 | $16,139 | $349,300 | $0 | $0 |
| 2017 | $15,699 | $360,700 | $0 | $0 |
| 2016 | $12,167 | $252,189 | $0 | $0 |
| 2015 | $9,397 | $229,700 | $0 | $0 |
| 2014 | $9,397 | $197,529 | $0 | $0 |
| 2013 | -- | $197,529 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Wedemeyer
Seller's Agent in 2023
Jean Wedemeyer
The Charles Reinhart Company
(734) 604-2523
11 in this area
360 Total Sales
-
Elizabeth Brien
Seller's Agent in 2014
Elizabeth Brien
The Charles Reinhart Company
(734) 669-5989
19 in this area
401 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23091163
APN: 09-29-319-019
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