NOT LISTED FOR SALE

Estimated Value: $885,000 - $1,160,000

-- Bed
5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold April 15, 2020

Last sale price $700,150

Est. 44% increase in value since last sale

Current estimated payment $6,755/month

42 Days on Market

Highlights

  • Laundry Facilities
  • Wood Siding
  • 2-minute walk to Hanover Square Park
  • Bach Elementary School Rated A

About This Home

As of April 2020

This home is located at 526 S 5th Ave, Ann Arbor, MI 48104 since 20 February 2020 and is currently estimated at $1,008,269. This property was built in 1901. 526 S 5th Ave is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Jean Wedemeyer

The Charles Reinhart Company License #6501357880 Listed on: 02/20/2020

The Charles Reinhart Company

Last Buyer's Agent

Ariel Hurwitz-Greene

@properties Christie's Int'lAA License #6506048591

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,102

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 47 x 132

Parking

  • 5 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Pioneer High School

Listing and Financial Details

  • Tenant pays for electric

Community Details

Building Details

  • Insurance Expense $15,355
  • Gross Income $50,604

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,102

Year Built

Built in 1901

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 47 x 132
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 3
  • Substructure:Full: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Slauson Middle School
  • Substructure Walk-Out Access2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 678000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Schools

  • Elementary School: Bach Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Slauson Middle School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 47 x 132
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: R4C

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 50603.81
  • Insurance Expense: 15355.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 9102.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2025
Sold by
Meyers Bradley and Meyers Gina
Bought by
Deinco Properties Llc
Current Estimated Value
$1,008,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Outstanding Balance
$1,402,811
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$394,542

Purchase Details

Listed on
Feb 20, 2020
Closed on
Apr 14, 2020
Sold by
Bank Of Ann Arbor
Bought by
Meyers Bradley and Meyers Gina
Seller's Agent
Jean Wedemeyer
The Charles Reinhart Company
Buyer's Agent
Ariel Hurwitz-Greene
@properties Christie's Int'lAA
List Price
$678,000
Sold Price
$700,150
Premium/Discount to List
$22,150
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$510,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2014
Sold by
Miles Graham P and Miles Bonnie F
Bought by
Miles Graham P and Graham P Miles Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Deinco Properties Llc $1,950,000 Devon Title
Deinco Properties Llc $1,950,000 Devon Title
Meyers Bradley -- None Available
Miles Graham P -- None Available
Miles Graham P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deinco Properties Llc $1,410,000
Closed Deinco Properties Llc $1,410,000
Previous Owner Meyers Bradley $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $700,150 +3.3% --
04/02/2020 04/02/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $678,000 -- --
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 $17,416 $362,200 $0 $0
2024 $16,939 $331,800 $0 $0
2023 $15,641 $300,100 $0 $0
2022 $18,930 $288,500 $0 $0
2021 $18,396 $276,100 $0 $0
2020 $9,542 $271,500 $0 $0
2019 $9,102 $267,900 $267,900 $0
2018 $8,930 $263,200 $0 $0
2017 $8,614 $234,300 $0 $0
2016 $8,394 $135,661 $0 $0
2015 $8,049 $135,256 $0 $0
2014 $8,049 $131,030 $0 $0
2013 -- $131,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19863

MichRIC

APN: 09-29-438-008

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