NOT LISTED FOR SALE

5516 Arbor Chase Dr Ann Arbor, MI 48103

Estimated Value: $372,000 - $386,000

2 Beds
2.5 Baths
1,520 Sq Ft
$225/mo HOA Fee

Last Sold April 16, 2021

Last sale price $305,000 $201 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,612/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System
  • Haisley Elementary School Rated A
  • 1 Car Detached Garage

About This Home

As of April 2021

“Virtual Open house 1-4 PM 2/27 and 2/28. Boasting an array of sleek finishes and an open layout, this well-lit 2/2.5 condo is a paradigm of contemporary Ann Arbor living. 10 foot tray ceilings, engineered hardwood floors, huge arched windows w/ unobstructed view, open concept gathering areas. Kitchen is the heart of the condo w/ large customized 7 foot granite island, SS appliances, subway tile backsplash, beautiful white cabinets w/ under cabinet lights & bonus pantry. Smart features including Smart voice-controlled recessed lighting, high efficiency washer and dryer, Nest thermostat and doorbell. Master bed w/ spacious walk-in closet w/ no lack of storage, bathroom w/ granite vanity, ceramic tile flooring and large glass shower. Second bed is ideal as your work from home solution/ workout space/ guest bedroom & features additional walk-in closet & full bath. Short drive to Downtown Ann Arbor via I-94, short walk to Meijer, . Meijer w/ EV charger. 1 car det. garage.

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 02/25/2021

Last Buyer's Agent

Michael Cutsinger

Preferred, Realtors® Ltd License #RCO-6501303618

Preferred, Realtors® Ltd

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2018

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number H00821495007

Community Details

Overview

  • Arbor Chase Of Scio Condo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,636

Year Built

Built in 2018

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 2018
  • State Equalized Value: 153500.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Electric Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 1520
  • Total Sq Ft: 1520

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Association Fee: 225
  • Association Fee: Yes

Schools

  • School District: Ann Arbor

Lot Info

  • Homestead: Yes
  • Parcel Number: H00821495007

Tax Info

  • Tax Amount Summer: 3919.0000
  • Tax Amount Winter: 1717.0000
  • Total Tax: 5636.0000
  • Taxable Value: 147245.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 16, 2021
Sold by
Buchowski Scott
Bought by
Pratik Naryla
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Michael Cutsinger
Preferred, Realtors® Ltd
List Price
$319,000
Sold Price
$305,000
Premium/Discount to List
-$14,000
-4.39%
Current Estimated Value
$380,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,157
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Jun 28, 2018
Sold by
Hyunter Pastuer Homes Arbor Chase Llc
Bought by
Buchowskij Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,092
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Pratik Naryla $305,000 None Listed On Document
Buchowskij Scott $303,255 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buchowskij Scott $288,092
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $305,000 -4.4% $201 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $319,000 -- $210 / 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 -- $176,500 $0 $0
2024 $4,372 $171,100 $0 $0
2023 $4,201 $163,500 $0 $0
2022 $5,805 $154,600 $0 $0
2021 $5,503 $150,600 $0 $0
2020 $5,636 $153,500 $0 $0
2019 $5,201 $144,500 $144,500 $0
2018 $231 $17,500 $0 $0
2017 $251 $15,000 $0 $0
2016 $165 $5,115 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210012280

Realcomp

APN: 08-21-495-007