NOT LISTED FOR SALE

Estimated Value: $509,000 - $693,000

-- Bed
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold August 22, 2018

Last sale price $350,000

Est. 74% increase in value since last sale

Current estimated payment $4,437/month

Highlights

  • Central Air
  • Laundry Facilities
  • 4-minute walk to Virginia Park
  • Eberwhite Elementary School Rated A
  • Wood Siding

About This Home

As of August 2018

This home is located at 533 Virginia Ave, Ann Arbor, MI 48103 since 22 August 2018 and is currently estimated at $609,049. This property was built in 1964. 533 Virginia Ave is a home located in Washtenaw County with nearby schools including Eberwhite Elementary School, Slauson Middle School, and Pioneer High School.

Last Agent to Sell the Property

Richard Jarzembowski

The Charles Reinhart Company License #6501177517 Listed on: 08/22/2018

The Charles Reinhart Company

Last Buyer's Agent

Richard Jarzembowski

The Charles Reinhart Company License #6501177517 Listed on: 08/22/2018

The Charles Reinhart Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,858

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 57x115

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding

Schools

  • Eberwhite Elementary School
  • Slauson Middle School
  • Pioneer High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, water

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Additional Features

  • Laundry Facilities
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,858

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Other, Wood Siding
  • List Price: 350000.0

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes

Schools

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 57X115
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 29400.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5858.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
533 & 535 Virginia Avenue Llc
Bought by
Herrmann Carolyn D
Total Days on Market
0
Current Estimated Value
$609,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Outstanding Balance
$461,250
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$149,013

Purchase Details

Listed on
Aug 22, 2018
Closed on
Jul 21, 2018
Sold by
Beckwith Carl and Beckwith Carri
Bought by
533 & 535 Virginia Ave Llc
Seller's Agent
Richard Jarzembowski
The Charles Reinhart Company
Buyer's Agent
Richard Jarzembowski
The Charles Reinhart Company
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Listed on
Aug 22, 2018
Closed on
Jul 18, 2018
Sold by
Kokkales Laura and The Estate Of Marina C Christo
Bought by
Beckwith Carl and Beckwith Carri
Seller's Agent
Richard Jarzembowski
The Charles Reinhart Company
Buyer's Agent
Richard Jarzembowski
The Charles Reinhart Company
List Price
$350,000
Sold Price
$350,000

Purchase Details

Closed on
Jun 29, 2012
Sold by
Christo Marina C
Bought by
Christos Marina C
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
Herrmann Carolyn D $615,000 American Title
533 & 535 Virginia Ave Llc -- None Available
Beckwith Carl $350,000 Sun Title Agency Of Michigan
Christos Marina C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrmann Carolyn D $461,250
Previous Owner Christos Marina C $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $350,000 0.0% --
08/22/2018 08/22/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $350,000 -- --
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
2024 $12,218 $250,000 $0 $0
2023 $11,282 $219,900 $0 $0
2022 $13,654 $218,800 $0 $0
2021 $13,269 $200,900 $0 $0
2020 $12,851 $196,400 $0 $0
2019 $12,364 $194,400 $194,400 $0
2018 $6,423 $176,900 $0 $0
2017 $5,858 $155,800 $0 $0
2016 $5,683 $103,223 $0 $0
2015 $5,434 $102,915 $0 $0
2014 $5,434 $99,700 $0 $0
2013 -- $99,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23063129

Southwestern Michigan Association of REALTORS®

APN: 09-30-402-002