NOT LISTED FOR SALE

5478 Parkgrove Rd Unit 2 Ann Arbor, MI 48103

Estimated Value: $394,000 - $404,681

2 Beds
2.5 Baths
1,860 Sq Ft
$325/mo HOA Fee

Last Sold October 11, 2022

Last sale price $350,000 $188 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,894/month

50 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 1 Fireplace
  • Haisley Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of October 2022

Lovely Parkwood Condo ready for new owners! Hardwood floors cover the main floor with vaulted living room & stone FP adjoining the formal dining area with doorwall to Trex deck. Spacious granite kitchen with SS appliances, farm sink, tile splash & expansive island along with separate breakfast nook. Main floor updated tile half bath, laundry room, pantry area & great front w/in closet. Upstairs offers nice primary suite with dual closets & separate tiled tub & shower. Second bedroom suite with w/in closet and updated bath featuring w/in tile shower. Extra loft space great for office or hobby room too. Partially finished basement has rec & family space along with generous storage room. Trex front porch & two car garage finish off this roomy condo in super convenient west side AA location, c close to freeways, shopping, restaurants and just a short drive to downtown and UM Campus. Showings begin at the OPEN HOUSE on Aug. 13th, 12-2!, Primary Bath, Rec Room: Partially Finished, Rec Room: Finished

Last Agent to Sell the Property

Jeff Klink

The Charles Reinhart Company License #6506046861 Listed on: 08/09/2022

The Charles Reinhart Company

Last Buyer's Agent

Russ Hagy

Berkshire Hathaway HomeSvcs. License #6501321648

Berkshire Hathaway HomeSvcs.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,555

Year Built

  • Built in 1988

Lot Details

  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include water, trash, snow removal, lawn/yard care

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,555

Year Built

Built in 1988

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Stories: 2
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1860.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Other
  • Tax Info:Annual Property Tax: 5555.0
  • Tax Info:Zoning3: MR-2
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Wood Floor: Yes
  • Additional Items:Attic Fan: Yes
  • General Property Info:SqFt Above Grade: 1860.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Haisley
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Forsythe
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Attic Fan, Ceiling Fans, Ceramic Floor, Garage Door Opener, Wood Floor, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1860.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1080.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • Exterior Features: Porch(es), Deck(s)
  • List Price: 350000.0
  • Road Frontage Type: Private Road
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 325.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 7345850343

Fee Information

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

Schools

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

Lot Info

  • Zoning Description: MR-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5555.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Oct 7, 2022
Sold by
Kaplan Benjamin J
Bought by
Sharif Brittany Nicole and Boulis Nicole Jean
Seller's Agent
Jeff Klink
The Charles Reinhart Company
Buyer's Agent
Russ Hagy
Berkshire Hathaway HomeSvcs.
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$401,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,420
Avg. Annual Appreciation
4.95%
Original Mortgage
$280,000
Outstanding Balance
$268,763
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$131,128

Purchase Details

Closed on
Mar 21, 2018
Sold by
Bialzak Kenneth A and Adams Judy Ann
Bought by
Kaplan Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2013
Sold by
Nadeau Kenneth J and Nadeau Leda Simone
Bought by
Bialzak Kenneth A and Adams Judy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1997
Sold by
Beresh Bryan A
Bought by
Nadeau Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6%
Mortgage Type
New Conventional
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
Sharif Brittany Nicole $350,000 None Listed On Document
Sharif Brittany Nicole $350,000 --
Kaplan Benjamin J $325,000 Prefered Title
Bialzak Kenneth A $222,000 Liberty Title
Nadeau Kenneth J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boulis Nicole Jean $280,000
Closed Sharif Brittany Nicole $280,000
Previous Owner Kaplan Benjamin J $275,000
Previous Owner Bialzak Kenneth A $166,500
Previous Owner Nadeau Kenneth J $50,000
Previous Owner Nadeau Kenneth J $184,000
Previous Owner Nadeau Kenneth J $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $350,000 -6.7% $188 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $375,000 -- $202 / 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 -- $178,400 $0 $0
2024 $4,232 $165,000 $0 $0
2023 $4,495 $173,700 $0 $0
2022 $5,561 $148,000 $0 $0
2021 $5,595 $149,500 $0 $0
2020 $5,959 $154,000 $0 $0
2019 $5,506 $150,600 $150,600 $0
2018 $3,636 $117,100 $0 $0
2017 $3,512 $119,600 $0 $0
2016 $2,444 $96,095 $0 $0
2015 -- $95,808 $0 $0
2014 -- $89,800 $0 $0
2013 -- $89,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23090835

Southwestern Michigan Association of REALTORS®

APN: 08-27-265-002