NOT LISTED FOR SALE

532 S 5th Ave Ann Arbor, MI 48104

Germantown Neighborhood

Estimated Value: $807,000 - $1,728,859

3 Beds
2 Baths
1,534 Sq Ft
$889/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2016

Last sale price $397,500 $259 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $10,830 / mo

54 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • No HOA
  • Bach Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Hanover Square Park

About This Home

As of April 2016

Incredible location for this downtown duplex! Live on one floor & rent out the other for a solid and steady income or rent both floors out. This upper/lower duplex has off street parking for 5+ cars in back, is just a few minute walk to campus, has great rental history and income, is in amazing shape, and even has potential for a 3rd studio apt. to be added to the current attic area at the top of the stairs. Carefully maintained by the same family for the past 30 years, this home has much to offer in both location and charm. Original woodwork and railings welcome you into the secure entry with private access to each unit. Ample storage with the large walk in attic space at the top of the stairs and a clean and dry walk out basement that hosts laundry facilities for both units. The sellers have purchased a 1 year home warranty that is included for each unit., Rec Room: Space

Last Agent to Sell the Property

Travis Otto

Cornerstone Real Estate License #6506046817 Listed on: 02/19/2016

Cornerstone Real Estate

Last Buyer's Agent

Jon Keller

J Keller Properties, LLC License #6502370935

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,193

Year Built

  • Built in 1901

Lot Details

  • 6,621 Sq Ft Lot
  • Private Entrance
  • Property is zoned R4C, R4C

Parking

  • Additional Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1,534 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,193

Year Built

Built in 1901

Lot Details

6,621 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1901
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 224.9
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1534.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 5193.0
  • Tax Info:Zoning3: R4C
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Substructure:Walk Out: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 1534.0
  • Laundry Features Lower Level: 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
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Flooring:Vinyl Floor: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Michigan Basement, Walk-Out Access
  • LivingArea: 1534.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 345000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio, Porch(es)
  • Exterior Material:Aluminum Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Additional Parking
  • Parking Features:Additional Parking: Yes

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6621.0
  • Zoning Description: R4C

Tax Info

  • Tax Annual Amount: 5193.0
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2016
Sold by
911 Woodland Llc
Bought by
Current Estimated Value
$1,459,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 19, 2016
Closed on
May 4, 2016
Sold by
Mann Louise Trust
Bought by
Schroeder Mark and Schroeder Penny
Seller's Agent
Travis Otto
Cornerstone Real Estate
Buyer's Agent
Jon Keller
J Keller Properties, LLC
List Price
$345,000
Sold Price
$397,500
Premium/Discount to List
$52,500
15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$145,000
Interest Rate
3.66%

Purchase Details

Listed on
Feb 19, 2016
Closed on
Apr 22, 2016
Sold by
Schrocher Marjk and Schrocher Penny E
Bought by
911 Woodlawn Llc
Seller's Agent
Travis Otto
Cornerstone Real Estate
Buyer's Agent
Jon Keller
J Keller Properties, LLC
List Price
$345,000
Sold Price
$397,500
Premium/Discount to List
$52,500
15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.66%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Germantown, MI

  • Darlene McLane Dresch Real Estate Agent - Keller Williams Ann Arbor

    Darlene McLane Dresch

    Keller Williams Ann Arbor

    (734) 821-5340

    183 Total Sales

    3 in Germantown

    $690,000 Price Range

    Darlene McLane Dresch
     Section Image
  • Jon Keller Real Estate Agent - J Keller Properties, LLC

    Jon Keller

    J Keller Properties, LLC

    (734) 821-6420

    75 Total Sales

    2 in Germantown

    $1,200,000 Price Range

    Jon Keller
     Section Image

  • KF

    Kevin Fuqua

    Keller Williams Ann Arbor

    (734) 519-6183

    33 Total Sales

    3 in Germantown

    $690,000 Price Range

    Kevin Fuqua
     Section Image

  • CR

    Christina Restrick

    Keller Williams Ann Arbor

    (734) 821-5440

    102 Total Sales

    3 in Germantown

    $690,000 Price Range

    Christina Restrick
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Devon Title Agency
Schroeder Mark -- --
911 Woodlawn Llc -- Devon Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Closed Schroder Mark $128,000
Previous Owner Schroeder Mark $145,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $397,500 +15.2% $259 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $345,000 -- $225 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $33,305 $624,300 $0 $0
2025 $25,813 $600,000 $0 $0
2024 $25,106 $547,100 $0 $0
2023 $23,183 $483,800 $0 $0
2022 $28,058 $460,100 $0 $0
2021 $27,266 $438,700 $0 $0
2020 $14,876 $255,400 $0 $0
2019 $12,335 $229,900 $229,900 $0
2018 $12,102 $226,700 $0 $0
2017 $11,674 $185,500 $0 $0
2016 $5,324 $86,044 $0 $0
2015 $5,105 $85,787 $0 $0
2014 $5,105 $83,108 $0 $0
2013 -- $83,108 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Travis Otto Real Estate Agent - Cornerstone Real Estate

    Seller's Agent in 2016

    Travis Otto

    Cornerstone Real Estate

    (734) 645-1496

    63 Total Sales

    Travis Otto
    Section Image
  • Jon Keller Real Estate Agent - J Keller Properties, LLC

    Buyer's Agent in 2016

    Jon Keller

    J Keller Properties, LLC

    (734) 323-1072

    1 in this area

    75 Total Sales

    Jon Keller
    Section Image
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Map

Source: MichRIC

MLS Number: 23125139

MichRIC

APN: 09-29-438-006

Michigan Washtenaw County Ann Arbor 48104 Germantown

532 S 5th Ave, Ann Arbor, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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