NOT LISTED FOR SALE

5307 River Ridge Ln Ann Arbor, MI 48103

Estimated Value: $716,000 - $911,808

4.23 Acres
$199,102 Price per Acre
184,259 Sq Ft Lot

Last Sold June 27, 2016

Last sale price $229,000

Est. 268% increase in value since last sale

Current estimated payment $4,758/month

470 Days on Market

About This Lot

As of June 2016

Lakeside! 10 minutes from downtown Ann Arbor is this fabulous 4.23 acre lake vista walk-out site perched high overlooking a small lake with the Huron River beyond and surrounded by beauty and the tranquility of nature. Located at the end of the cul-de-sac just off Peters Rd. with acres of beautiful topography all around. A rare opportunity to have lakefront in the new home of your dreams, all in a most enchanting setting. All underground utilities and paved roads. Work with the finest builders in Washtenaw County or bring your own., Easement: Utilities

Last Agent to Sell the Property

Rob Ewing

Real Estate One Inc License #6501277007 Listed on: 03/11/2015

Real Estate One Inc

Last Buyer's Agent

Ren Snyder

The Charles Reinhart Company License #6501260166

The Charles Reinhart Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $428

Lot Details

  • 4.23 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Property is zoned AG, AG

Location

  • Mineral Rights

Schools

  • Dexter Elementary And Middle School
  • Dexter High School

Utilities

  • Well
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$428

Lot Details

0

Listing Details

  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 428.0
  • Tax Info:Zoning3: AG
  • Utilities Attached:Electric4: Yes
  • Utilities Attached:Natural Gas: Yes
  • Waterfront Options:Water Frontage3: 1.0
  • Utilities Attached:Septic: Yes
  • Utilities Attached:Well2: Yes
  • Mineral Rights:Available: Yes
  • General Property Info Elementary School2: Dexter
  • General Property Info High School: Dexter
  • General Property Info Middle School2: Dexter
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 249000.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront Features: Pond
  • Waterfront: Yes

Utilities

  • Utilities: Well Attached, Septic Connected, Natural Gas Connected, Electric Connected

Schools

  • Elementary School: Dexter
  • High School: Dexter
  • Middle/Junior School: Dexter

Lot Info

  • Lot Size Acres: 4.23
  • Lot Size Area: 4.23
  • Lot Size Sq Ft: 184259.0
  • Zoning Description: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 428.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2017
Sold by
Jessop Corey Linn
Bought by
Jessop Corey L and Maxey Kirk M
Current Estimated Value
$842,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.08%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 11, 2015
Closed on
Jun 23, 2016
Sold by
Durtsch David W and Mentland Diane M
Bought by
Jessop Corey Linn
Seller's Agent
Rob Ewing
Real Estate One Inc
Buyer's Agent
Ren Snyder
The Charles Reinhart Company
List Price
$249,000
Sold Price
$229,000
Premium/Discount to List
-$20,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Source: Public Records

Range of Values:

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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
Jessop Corey L -- None Available
Jessop Corey Linn $229,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxey Kirk M $1,164,062
Closed Maxey Kirk M $1,290,000
Closed Jessop Corey L $132,000
Previous Owner Duetsch David W $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $229,000 -8.0% --
06/23/2016 06/23/16 Pending -- -- --
03/11/2015 03/11/15 For Sale $249,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 -- $434,300 $0 $0
2024 $3,725 $421,800 $0 $0
2023 $3,548 $437,300 $0 $0
2022 $11,797 $444,900 $0 $0
2021 $11,148 $445,000 $0 $0
2020 $11,176 $446,900 $0 $0
2019 $10,316 $367,200 $367,200 $0
2018 $6,536 $187,000 $0 $0
2017 $4,141 $79,200 $0 $0
2016 $71 $6,698 $0 $0
2015 -- $6,678 $0 $0
2014 -- $6,470 $0 $0
2013 -- $6,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23033796

Southwestern Michigan Association of REALTORS®

APN: 08-10-200-012