NOT LISTED FOR SALE

525 Concord Pines Dr Ann Arbor, MI 48105

King Neighborhood

Estimated Value: $976,000 - $1,211,000

4 Beds
3.5 Baths
3,074 Sq Ft
$360/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $1,060,000 $345 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,716/month

40 Days on Market

Highlights

  • New Construction
  • Craftsman Architecture
  • 2 Car Attached Garage
  • Martin Luther King Elementary School Rated A
  • Wooded Lot
  • Home Security System

About This Home

As of March 2024

Welcome to your new home in Concord Pines of Ann Arbor. As you step through the two-story foyer, you're greeted by a versatile flex room and formal dining area, seamlessly flowing into the expansive great room and casual dining space with easy access to the rear yard. The well-appointed kitchen is a chef's dream, featuring a large center island with a breakfast bar, ample counter and cabinet space, a walk-in pantry, and a convenient passthrough to the dining room. Upstairs, retreat to the serene primary bedroom suite with a spacious walk-in closet and a luxurious bathroom complete with a dual-sink vanity, a large shower, and a private water closet. This Davison Floor plan was just Completed in October 2023, with immediate occupancy at closing!

Last Agent to Sell the Property

Autumn Belhart

RE/MAX Platinum License #6501424860 Listed on: 01/11/2024

RE/MAX Platinum

Last Buyer's Agent

Yong Sun

AutoCity Realty LLC License #6501407361

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,219

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 143x70
  • Wooded Lot

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • HardiePlank Siding

Interior Spaces

  • 3,074 Sq Ft Home
  • 2-Story Property
  • Natural lighting in basement
  • Home Security System

Kitchen

  • Built-In Electric Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer Hookup

Schools

  • Clague Middle School
  • Huron High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Built by Toll Brothers
  • Concord Pines Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,219

Year Built

Built in 2023 | New Construction

Lot Details

9,583 Sq Ft Lot

HOA Fees

$96 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: Yes
  • ArchitecturalStyle: Craftsman
  • Stories: 2
  • Year Built: 2023
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 341.25
  • General Property Info:New Construction2: Yes
  • General Property Info:Lot Dimensions: 143x70
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3074.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 2219.0
  • Waterfront Options:Water Access YN: No
  • Lot Description:Wooded: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Construction Status: Completed
  • General Property Info:Fireplace: No
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Concord Pines
  • Water Heater:Natural Gas4: Yes
  • Additional Items:Home Warranty: Yes
  • Substructure:Daylight: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 3074.0
  • Location Property Info:Builder Name: Toll Brothers
  • Laundry Features Laundry Room: Yes
  • Laundry Features Upper Level: Yes
  • Laundry Features Washer Hookup: Yes
  • General Property Info High School: Huron High School
  • General Property Info Middle School2: Clague Middle School
  • General Property Info Garage YN: Yes
  • Architectural Style Craftsman: Yes
  • Security Features:Security System: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Oven, Cooktop, Dishwasher, Microwave
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Daylight
  • LivingArea: 3074.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1455.0
  • Appliances Dishwasher: Yes
  • Appliances:Cook Top: Yes
  • Appliances:Built-In Electric Oven: Yes

Exterior Features

  • Builder Name: Toll Brothers
  • Construction Materials: Brick, HardiPlank Type
  • Home Warranty: Yes
  • List Price: 1049000.0
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes
  • Exterior Material:HardPlankCement Board: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Room, Upper Level, Washer Hookup
  • Security Features: Security System
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 96.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 96.0
  • Association Info:Assoc Fee Payable: Monthly

Fee Information

  • Association Fee Includes: Other

Schools

  • High School: Huron High School
  • Middle/Junior School: Clague Middle School

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 143x70
  • Lot Size Sq Ft: 9583.0

Tax Info

  • Tax Annual Amount: 2219.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Mar 8, 2024
Sold by
Lu Hanqing
Bought by
Chen Zhe and Li Xiuming
Seller's Agent
Autumn Belhart
RE/MAX Platinum
Buyer's Agent
Yong Sun
AutoCity Realty LLC
List Price
$1,070,000
Sold Price
$1,060,000
Premium/Discount to List
-$10,000
-0.93%
Views
113
Current Estimated Value
$1,105,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,655
Avg. Annual Appreciation
2.12%
Original Mortgage
$530,000
Outstanding Balance
$518,179
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$587,476

Purchase Details

Closed on
Nov 2, 2023
Sold by
Toll Northeast V Corp
Bought by
Lu Hanqing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,386
Interest Rate
7.31%
Mortgage Type
Construction
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

Date Buyer Sale Price Title Company
Chen Zhe $1,060,000 Ata National Title Group
Lu Hanqing $981,849 None Listed On Document
Lu Hanqing $981,849 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Zhe $530,000
Previous Owner Lu Hanqing $736,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $1,060,000 +1.0% $345 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/19/2024 02/19/24 Off Market $1,049,000 -- --
02/08/2024 02/08/24 Price Changed $1,049,000 -2.0% $341 / Sq Ft
01/11/2024 01/11/24 For Sale $1,070,000 -- $348 / Sq Ft
Source: MichRIC

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 $23,159 $507,200 $0 $0
2024 $22,030 $479,800 $0 $0
2023 $2,220 $42,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24002975

MichRIC

APN: 09-25-200-166

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