Carson Alexander-White
Responds Quickly
Bob White Realty
(734) 822-7016
21 Total Sales
2 in Old Fourth Ward
$900K - $1.8M Price Range
540 N State St Ann Arbor, MI 48104
Old Fourth Ward NeighborhoodEstimated Value: $580,000 - $748,466
3
Beds
2
Baths
--
Sq Ft
3,920
Sq Ft Lot
Highlights
- Window Unit Cooling System
- High Speed Internet
- Wood Siding
- Forced Air Heating System
About This Home
As of April 2024Fantastic Old Fourth Ward/Kerrytown area duplex. For decades, the home has been used as an owner-occupied duplex, with rental income from the upstairs unit. City says the current zoning only allows for a duplex due to the non-conforming lot size, though the home is set up with 3 separate entrances, 3 full baths, and 3 bedrooms(one for each unit). Upstairs unit is currently rented below market value at $730/month, though the current tenant does not have a lease in place. Contemporary, 1980s addition offers a large, open concept kitchen & living area w/ bedroom, full bath, washer/dryer, and loft-space upstairs. This is connected to a one bedroom unit on the main floor that the current owner had been renting, living in, and using as a studio space.
Last Agent to Sell the Property
The Charles Reinhart Company License #6506045328 Listed on: 03/08/2024
Last Buyer's Agent
The Charles Reinhart Company License #6506045328 Listed on: 03/08/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,153
Year Built
- Built in 1901
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 34 x 117
Home Design
- Wood Siding
Laundry
- Laundry in Hall
Basement
- Michigan Basement
- Partial Basement
- Crawl Space
Parking
- 2 Parking Spaces
- Gravel Driveway
Schools
- Bach Elementary School
- Forsythe Middle School
- Skyline High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Window Unit Heating System
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electric, water, trash, sewer, gas
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
Apr 10, 2026
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Mar 8, 2024
Closed on
Apr 11, 2024
Sold by
Bought by
Seller's Agent
Brent Flewelling
The Charles Reinhart Company
Buyer's Agent
Brent Flewelling
The Charles Reinhart Company
List Price
$575,000
Sold Price
$591,500
Premium/Discount to List
$16,500
2.87%
Views
162
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$443,625
Interest Rate
6.74%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Fourth Ward, MI
-
Carson Alexander-White
-
Kiara Nelson
Kiara Nelson
Responds QuicklyKeller Williams Ann Arbor
(734) 415-6053
255 Total Sales
1 in Old Fourth Ward
$567,500 Price
-
Evelyn Roberts
Evelyn Roberts
Responds QuicklyNestEgg Properties
(734) 623-2502
58 Total Sales
1 in Old Fourth Ward
$567,500 Price
-
Stephanie Savarino
Stephanie Savarino
Savarino Properties Inc
(734) 821-6594
55 Total Sales
14 in Old Fourth Ward
$1.6M - $2.4M Price Range
-
Alex Milshteyn
Alex Milshteyn
Real Estate One Inc
(734) 821-2689
1,045 Total Sales
12 in Old Fourth Ward
$500K - $1.7M Price Range
-
Kimberly Hanschu
Kimberly Hanschu
RE/MAX Platinum
(734) 821-4038
26 Total Sales
6 in Old Fourth Ward
$915K - $1M Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $591,500 | American Title |
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 |
|---|---|---|---|
| Previous Owner | $443,625 | ||
| Previous Owner | $225,000 | ||
| Previous Owner | $57,500 | ||
| Previous Owner | $49,000 | ||
| Previous Owner | $36,182 | ||
| Previous Owner | $36,850 | ||
| Previous Owner | $38,000 |
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 |
|---|---|---|---|---|
| 04/15/2024 04/15/24 | Sold | $591,500 | +2.9% | -- |
| 03/08/2024 03/08/24 | For Sale | $575,000 | -- | -- |
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 | $23,830 | $361,400 | $0 | $0 |
| 2025 | $18,469 | $343,800 | $0 | $0 |
| 2024 | $5,413 | $296,700 | $0 | $0 |
| 2023 | $4,995 | $242,600 | $0 | $0 |
| 2022 | $5,769 | $230,300 | $0 | $0 |
| 2021 | $5,592 | $247,700 | $0 | $0 |
| 2020 | $5,443 | $248,500 | $0 | $0 |
| 2019 | $5,187 | $251,600 | $251,600 | $0 |
| 2018 | $5,100 | $235,300 | $0 | $0 |
| 2017 | $4,938 | $193,300 | $0 | $0 |
| 2016 | $4,791 | $87,010 | $0 | $0 |
| 2015 | $4,580 | $86,750 | $0 | $0 |
| 2014 | $4,580 | $84,040 | $0 | $0 |
| 2013 | -- | $84,040 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brent Flewelling
Seller's Agent in 2024
Brent Flewelling
The Charles Reinhart Company
(734) 646-4263
1 in this area
443 Total Sales
Map
Source: MichRIC
MLS Number: 24011242
APN: 09-28-200-055
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.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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