NOT LISTED FOR SALE

5512 Meadowcrest Dr Ann Arbor, MI 48105

Estimated Value: $899,000 - $1,061,000

10.76 Acres
$90,461 Price per Acre
468,706 Sq Ft Lot

Last Sold October 02, 2019

Last sale price $140,000

Est. 595% increase in value since last sale

Current estimated payment $6,184/month

389 Days on Market

Highlights

  • Home fronts a pond
  • 10.76 Acre Lot
  • Corner Lot: Yes
  • Logan Elementary School Rated A

About This Lot

As of October 2019

*** CONVENTIONAL SOIL EVALUATION (PERK TEST) JUST APPROVED BY WASHTENAW COUNTY!*** Absolutely breathtaking, beautiful and stunning are the first words that come to mind when describing this waterfront parcel featuring 10.6 rolling acres all within the confines of 'Preserve', a private subdivision in an area of finer homes located within the Ann Arbor School District. There are numerous building sites that could easily accommodate a walkout basement overlooking either of the 2 ponds on site. One such pond has its own private dock already installed, perfect for fishing or reading that favorite book while overlooking the water. There are numerous mature hardwoods of varying species along with pines located throughout the property, assuring privacy to those who plan to call this'one of a kin kind' parcel their own. There are fresh walkways that have been cleared so that you may walk the property; we encourage it! It's hard to believe that there's a 10.6 acre parcel, with rolling terrain, mature trees and two ponds located in the Ann Arbor school district at this price!

Last Agent to Sell the Property

Richard Taylor

The Charles Reinhart Company License #6501312197 Listed on: 08/27/2018

The Charles Reinhart Company

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Property Type

  • Land

Lot Details

  • 10.76 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Corner Lot: Yes

HOA Fees

  • $100 Monthly HOA Fees

Schools

  • Logan Elementary School
  • Clague Middle School
  • Huron High School

Utilities

  • Septic Tank
  • Septic System

Property Details

Property Type

Land

Lot Details

10.76 Acres

HOA Fees

$100 per month

Listing Details

  • Property Type: Land
  • General Property Info:Waterfront3: Yes
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Frontage3: 1.0
  • Lot Description:Corner Lot: Yes
  • General Property Info Elementary School2: Logan Elementary School
  • General Property Info High School: Huron High School
  • General Property Info Middle School2: Clague Middle School
  • Remarks Misc: Public Remarks: *** CONVENTIONAL SOIL EVALUATION (PERK TEST) JUST APPROVED BY WASHTENAW COUNTY!*** Absolutely breathtaking, beautiful and stunning are the first words that come to mind when describing this waterfront parcel featuring 10.6 rolling acres all within the confines of 'Preserve', a private subdivision in an area of finer homes located within the Ann Arbor School District. There are numerous building sites that could easily accommodate a walkout basement overlooking either of the 2 ponds on site. One such pond has its own private dock already installed, perfect for fishing or reading that favorite book while overlooking the water. There are numerous mature hardwoods of varying species along with pines located throughout the property, assuring privacy to those who plan to call this'one of a kin
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 159900.0
  • Lot Features: Corner Lot
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront Features: Pond
  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 1200.0
  • Association Info:Assoc Fee Payable: Annually

Schools

  • Elementary School: Logan Elementary School
  • High School: Huron High School
  • Middle/Junior School: Clague Middle School

Lot Info

  • Lot Size Acres: 10.76
  • Lot Size Area: 10.76
  • Lot Size Sq Ft: 468706.0
  • Zoning Description: Res

Tax Info

  • Tax Annual Amount: 4552.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Sam Gary M and Sam Meriam V
Bought by
Sam Family Trust and Sam
Current Estimated Value
$973,362

Purchase Details

Listed on
Aug 27, 2018
Closed on
Oct 1, 2019
Sold by
Lipsky Arie and Lipsky Rachel
Bought by
Sam Gary M and Sam Meriam V
Seller's Agent
Richard Taylor
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$194,900
Sold Price
$140,000
Premium/Discount to List
-$54,900
-28.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.52%
Original Mortgage
$112,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2009
Sold by
National City Mortgage Services Co
Bought by
Lipsky Arie and Lipsky Rachel

Purchase Details

Closed on
Nov 29, 2007
Sold by
Edwards Gerald D and Edwards Jada D
Bought by
National City Mortgage Services Co

Purchase Details

Closed on
Mar 27, 2003
Sold by
Harry Durbin Builders Inc
Bought by
Edwards Gerald D and Edwards Jada D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sam Family Trust -- None Listed On Document
Sam Family Trust -- None Listed On Document
Sam Gary M $140,000 Liberty Title
Lipsky Arie $76,000 Attorneys Title Agency Llc
National City Mortgage Services Co $243,367 None Available
Edwards Gerald D $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sam Gary M $112,000
Previous Owner Edwards Gerald D $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $140,000 -28.2% --
09/20/2019 09/20/19 Pending -- -- --
08/27/2018 08/27/18 For Sale $194,900 -- --
Source: MichRIC

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 $13,012 $402,400 $0 $0
2024 $12,642 $383,300 $0 $0
2023 $5,828 $174,900 $0 $0
2022 $4,883 $88,300 $0 $0
2021 $4,895 $88,300 $0 $0
2020 $4,902 $88,300 $0 $0
2019 $4,733 $88,300 $88,300 $0
2018 $4,653 $88,300 $0 $0
2017 $4,546 $88,300 $0 $0
2016 $2,819 $88,300 $0 $0
2015 $4,330 $88,300 $0 $0
2014 $4,330 $88,300 $0 $0
2013 -- $88,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 22807

MichRIC

APN: 10-06-400-024

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