NOT LISTED FOR SALE

5404 Parkgrove Rd Ann Arbor, MI 48103

Estimated Value: $408,000 - $430,000

3 Beds
2.5 Baths
1,936 Sq Ft
$450/mo HOA Fee

Last Sold April 01, 2024

Last sale price $387,000 $200 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,022/month

5 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • End Unit
  • Haisley Elementary School Rated A
  • Wood Flooring
  • Skylights

About This Home

As of April 2024

Offer received. Offers due by 10 a.m. on Tuesday, March 12. Spacious end-unit condominium boasting 3 bedrooms, 2 1/2 baths, and nearly 2000 square feet of living area. The main floor features elegant hardwood floors, a living room with a gas fireplace, a formal dining room, and scenic woodland views. The updated kitchen is equipped with quartz countertops and stainless-steel appliances. Upstairs, the second level offers a generous primary bedroom suite with cathedral ceilings, a dressing area featuring dual closets, dual sinks, and a granite counter. The primary bath includes a deep soak tub and a separate shower. Two additional bedrooms and a second full bath with granite counters and tasteful tile details complete the upper level. The basement provides ample storage space and offers the potential for expansion. The option to add a laundry area on the first floor is available as it is already plumbed. Conveniently located near the Jackson Road Shopping District, with easy highway access, and just a short distance to Downtown Ann Arbor.

Last Agent to Sell the Property

Robyn Schmier

Howard Hanna Real Estate License #6501371021 Listed on: 03/07/2024

Last Buyer's Agent

Rob Ewing

Real Estate One Inc License #6501277007

Real Estate One Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,031

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Shrub

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,936 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Window Treatments
  • Window Screens
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Porch

Location

  • Mineral Rights Excluded

Schools

  • Haisley Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • Association Phone (517) 206-7027
  • Parkwood Luxury Condominiums Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,031

Year Built

Built in 1989

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 3
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: n/a
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1936.0
  • General Property Info:Main Level Primary: No
  • Tax Info:Annual Property Tax: 6031.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Manufactured:Manufactured YN: No
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Landscape:ShrubsHedges: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Parkwood Luxury Condominiums
  • Roofing:Shingle: Yes
  • Water Heater:Natural Gas4: Yes
  • Mineral Rights:No: Yes
  • Windows:Skylight(s): Yes
  • General Property Info:Pets YN: Yes
  • Additional Items:Ensuite: Yes
  • General Property Info:SqFt Above Grade: 1936.0
  • Laundry Features In Basement: Yes
  • General Property Info Elementary School2: Haisley Elementary School
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Forsythe Middle School
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Garage Door Opener, Center Island, Eat-in Kitchen, Pantry
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1936.0
  • Window Features: Skylight(s), Screens, Window Treatments
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Total Basement SQFT: 960.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Center Island: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 385000.0
  • Patio and Porch Features: Deck, Porch(es)
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Additional Parking, Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: End Unit, Pets Allowed
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association Phone: 517-206-7027
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 450.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:Pets Allowed2: Yes
  • Assoc Amenities:End Unit: Yes
  • Association Info:Association Phone: 517-206-7027

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Schools

  • Elementary School: Haisley Elementary School
  • High School: Skyline High School
  • Middle/Junior School: Forsythe Middle School

Lot Info

  • Lot Dimensions: n/a
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6031.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Mar 29, 2024
Sold by
Kochhar Simrun
Bought by
Martin Dennis and Martin Mary Anne
Seller's Agent
Robyn Schmier
Howard Hanna Real Estate
Buyer's Agent
Rob Ewing
Real Estate One Inc
List Price
$385,000
Sold Price
$387,000
Premium/Discount to List
$2,000
0.52%
Views
37
Current Estimated Value
$416,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,944
Avg. Annual Appreciation
5.27%
Original Mortgage
$309,600
Outstanding Balance
$304,992
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$111,952

Purchase Details

Listed on
Dec 3, 2020
Closed on
Feb 15, 2021
Sold by
Lee Robert R and Thomas Ann R
Bought by
Kochhar Simrun
Seller's Agent
Linda Lombardini
Trillium Real Estate
Buyer's Agent
Marty Turco
RE/MAX Platinum
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$272,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2012
Sold by
Wyatt Lydia C
Bought by
Lee Robert R and Thomas Ann R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2008
Sold by
Wyatt Lydia
Bought by
Wyatt Lydia C and Lydia C Wyatt Trust

Purchase Details

Closed on
May 12, 2003
Sold by
Gerstein Leonore B
Bought by
Wyatt Lydia
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
Martin Dennis $387,000 None Listed On Document
Martin Dennis $387,000 None Listed On Document
Kochhar Simrun $340,000 Preferred Ttl Agcy Of Ann Ab
Lee Robert R $205,000 None Available
Wyatt Lydia C -- None Available
Wyatt Lydia $237,570 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Dennis $309,600
Closed Martin Dennis $309,600
Previous Owner Kochhar Simrun $272,000
Previous Owner Lee Robert R $150,000
Previous Owner Lee Robert R $100,000
Previous Owner Wyatt Lydia C $238,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $387,000 +0.5% $200 / Sq Ft
03/07/2024 03/07/24 For Sale $385,000 +13.2% $199 / Sq Ft
02/16/2021 02/16/21 Sold $340,000 -2.9% $176 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $350,000 -- $181 / Sq Ft
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 -- $177,500 $0 $0
2024 $4,212 $164,200 $0 $0
2023 $4,220 $181,800 $0 $0
2022 $5,895 $155,300 $0 $0
2021 $4,122 $156,900 $0 $0
2020 $4,220 $161,200 $0 $0
2019 $3,901 $157,600 $157,600 $0
2018 $3,799 $124,100 $0 $0
2017 $3,669 $127,200 $0 $0
2016 $2,556 $100,492 $0 $0
2015 -- $100,192 $0 $0
2014 -- $94,700 $0 $0
2013 -- $94,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24011128

Southwestern Michigan Association of REALTORS®

APN: 08-27-265-019