$412,000
SOLD JUN 6, 2025

5440 Parkgrove Rd Unit 15 Ann Arbor, MI 48103

3 Beds
2 Baths
1,746 Sq Ft
$450/mo HOA Fee

Recently Sold

$236 Per Sq Ft

6% Above List Price

3 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Porch
  • Haisley Elementary School Rated A
  • Ground Level Unit
  • 2 Car Attached Garage

About This Home

As of June 2025

Welcome to this beautifully updated Ranch condo in the highly sought-after Parkwood Community, ideally located close to shopping, dining, and everyday conveniences. Move-in ready and thoughtfully updated, this home offers spacious bedrooms with generous closet space, an eat-in kitchen with newer stainless-steel appliances, and a large Great Room w/cutom Skylights—perfect for gathering and entertaining. Step out from the Great Room onto a private wood deck overlooking a serene, wooded backyard—ideal for relaxing and enjoying the outdoors. The full basement provides endless possibilities for additional living space, storage, or customization to suit your needs. A large Laundry/Mud Room off the attached 2-car garage adds everyday functionality. Recent updates include fresh paint, new flooring, and modern fixtures throughout, creating a clean, contemporary feel. Ranch-style units in this community are rarely available—don’t miss this opportunity! Sellers are motivated and will consider all offers. BATVAI.

Last Agent to Sell the Property

Jeffrey Slomovitz

BPO Pros LLC License #6501321119 Listed on: 05/02/2025

Last Buyer's Agent

Maryann Ryan

The Charles Reinhart Company License #6501365891

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1990 | Remodeled in 2022

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,746 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number H00827265015

Community Details

Overview

  • Parkwood (Mark Stevens) Pres. Association, Phone Number (517) 206-7027
  • Parkwood Condo Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,346

Year Built

Built in 1990 | Remodeled in 2022

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 1 Story Ground
  • Assessment: 8.00
  • Year Built: 1990
  • State Equalized Value: 199300.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1746
  • Total Sq Ft: 1746
  • Sq Ft Total Bsmt: 1746

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 517-206-7027
  • Association Fee: 450
  • Association Contact: Parkwood (Mark Stevens) Pres.
  • Association Fee: Yes

Schools

  • School District: Ann Arbor

Lot Info

  • Homestead: Yes
  • Parcel Number: H00827265015

Tax Info

  • Tax Amount Summer: 4064.0000
  • Tax Amount Winter: 1282.0000
  • Total Tax: 5346.0000
  • Taxable Value: 120937.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jun 3, 2025
Sold by
Shoshana E Mandel Trust and Mandel Shoshana Elise
Bought by
Berg Lynda
Seller's Agent
Jeffrey Slomovitz
BPO Pros LLC
Buyer's Agent
Maryann Ryan
The Charles Reinhart Company
List Price
$389,000
Sold Price
$412,000
Premium/Discount to List
$23,000
5.91%
Views
34
Current Estimated Value
$408,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,512
Avg. Annual Appreciation
-2.56%
Original Mortgage
$386,650
Outstanding Balance
$386,650
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$21,838

Purchase Details

Closed on
Aug 30, 2022
Sold by
Freedland Lillian Fox
Bought by
Freedland Lillian Fox

Purchase Details

Closed on
Aug 11, 2006
Sold by
Mandel Shoshana E F
Bought by
Mandel Shoshana E and Shoshana E Mandel Trust

Purchase Details

Closed on
Sep 28, 2004
Sold by
Hayes Emmet and Hayes Virginia W
Bought by
Freedland Lillian and Lillian Fox Freedland Trust Agreement
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 Type Sale Price Title Company
Warranty Deed $412,000 Ata National Title
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- None Available
Warranty Deed $274,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,650 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $412,000 +5.9% $236 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $389,000 -- $223 / Sq Ft
Source: Realcomp

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 -- $200,200 $0 $0
2024 $4,064 $199,300 $0 $0
2023 $2,981 $181,900 $0 $0
2022 $4,204 $155,400 $0 $0
2021 $3,999 $157,000 $0 $0
2020 $4,094 $161,200 $0 $0
2019 $3,784 $157,600 $157,600 $0
2018 $3,685 $120,500 $0 $0
2017 $3,560 $123,200 $0 $0
2016 $2,478 $97,425 $0 $0
2015 -- $97,134 $0 $0
2014 -- $94,100 $0 $0
2013 -- $94,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250029854

Realcomp

APN: 08-27-265-015