NOT LISTED FOR SALE

Estimated Value: $725,599 - $1,163,000

4 Beds
3 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold November 20, 2018

Last sale price $685,000

Est. 43% increase in value since last sale

Current estimated payment $6,789/month

140 Days on Market

Highlights

  • Central Air
  • Laundry Facilities
  • 2-minute walk to South University Park
  • Angell School Rated A+
  • Wood Siding

About This Home

As of November 2018

This home is located at 535 Walnut St, Ann Arbor, MI 48104 since 03 July 2018 and is currently estimated at $997,900. This property was built in 1900. 535 Walnut St is a home located in Washtenaw County with nearby schools including Angell School, Tappan Middle School, and Huron High School.

Last Agent to Sell the Property

Chris Vessels

Metro Property Services License #6501392137 Listed on: 07/03/2018

Last Buyer's Agent

Chris Vessels

Metro Property Services License #6501392137 Listed on: 07/03/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,643

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 32x153

Parking

  • 6 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding

Schools

  • Angell Elementary School
  • Tappan Middle School
  • Huron High School

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Property has a Home Owners Association
  • Laundry Facilities
  • Gross Income $61,200

Listing and Financial Details

  • Tenant pays for electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,643

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 32x153
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 12643.0
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 1
  • Air Conditioning:Central Air: Yes
  • Substructure:Slab: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Angell
  • General Property Info High School: Huron
  • General Property Info Middle School2: Tappan
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 725000.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

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: Angell
  • High School: Huron
  • Middle/Junior School: Tappan

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 32x153
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: R4C
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 61200.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 12643.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Nov 21, 2018
Sold by
S & H 535 Llc
Bought by
Sanku Srinivasa and Sanku Nalini
Seller's Agent
Chris Vessels
Metro Property Services
Buyer's Agent
Chris Vessels
Metro Property Services
List Price
$750,000
Sold Price
$685,000
Premium/Discount to List
-$65,000
-8.67%
Current Estimated Value
$982,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,445
Avg. Annual Appreciation
5.69%
Original Mortgage
$453,100
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
Apr 11, 2014
Sold by
Ayer Ray and Ayer Ray S
Bought by
S & H 535 Llc
Seller's Agent
Lucile Andersen
eXp Realty, LLC
Buyer's Agent
Eugene Michaelson
Keller Williams Ann Arbor Mrkt
List Price
$589,000
Sold Price
$582,000
Premium/Discount to List
-$7,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$390,000
Interest Rate
4.41%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 3, 2006
Sold by
Ayer Susan
Bought by
Ayer Ray

Purchase Details

Closed on
Aug 23, 2005
Sold by
Ayer Susan
Bought by
Ayer Ray
Source: Public Records

Range of Values:

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Average Value
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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
Sanku Srinivasa $685,000 Devon Title Agency
S & H 535 Llc $582,000 Devon Title Agency
Ayer Ray -- None Available
Ayer Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanku Nalini $462,500
Closed Sanku Nalini $462,500
Closed Sanku Srinivasa $453,100
Previous Owner S & H 535 Llc $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $685,000 -8.7% --
11/20/2018 11/20/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $750,000 +28.9% --
04/11/2014 04/11/14 Sold $582,000 -1.2% --
03/05/2014 03/05/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $589,000 -- --
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 $16,923 $257,400 $0 $0
2024 $14,218 $266,300 $0 $0
2023 $13,129 $254,000 $0 $0
2022 $15,890 $239,400 $0 $0
2021 $15,544 $233,300 $0 $0
2020 $15,076 $230,400 $0 $0
2019 $14,902 $234,300 $234,300 $0
2018 $13,105 $232,900 $0 $0
2017 $12,643 $239,900 $0 $0
2016 $9,837 $199,095 $0 $0
2015 $5,435 $201,300 $0 $0
2014 $5,435 $88,478 $0 $0
2013 -- $88,478 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 18003

Southwestern Michigan Association of REALTORS®

APN: 09-28-412-005