$430,000
SOLD OCT 3, 2024

5528 Gallery Park Dr Ann Arbor, MI 48103

3 Beds
2.5 Baths
2,353 Sq Ft
$405/mo HOA Fee

Recently Sold

$183 Per Sq Ft

7% Below List Price

60 Days on Market

Highlights

  • Home fronts a pond
  • Outdoor Pool
  • Clubhouse
  • Haisley Elementary School Rated A
  • Built-In Refrigerator
  • Contemporary Architecture

About This Home

As of October 2024

THE HIGHLY SOUGHT AFTER GALLERY PARK CONDO IS FILLED WITH NATURAL LIGHT AS YOU ENTER INTO THE TWO STORY FOYER YOU ARE GREETED WITH EXTRAORDINARY VIEWS FROM THE WALL OF WINDOWS OVERLOOKING THE POND AND WALKING PATH. 4 SKYLIGHTS AND SOARING CATHEDRAL CEILINGS CREATE THIS OPEN CONCEPT. 3 BEDROOMS 2.5 BATHS, LARGE OPEN LIVINGROOM WITH A GAS FIREPLACE.

Last Agent to Sell the Property

Terrie Soraruf

3DX Real Estate-Brighton License #6501304671 Listed on: 08/03/2024

3DX Real Estate-Brighton

Last Buyer's Agent

David Wilson

The Charles Reinhart Company License #6501444658

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2005

HOA Fees

  • $405 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,353 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Unfinished Basement
  • Natural lighting in basement

Kitchen

  • Built-In Gas Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Porch

Utilities

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

Additional Features

  • Home fronts a pond
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number H00828125008

Community Details

Overview

  • 734 663 0809 Association, Phone Number (734) 663-0809
  • Gallery Park Condo No. 458 Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,124

Year Built

Built in 2005

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 2005
  • State Equalized Value: 198800.0000
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Entrance Foyer
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Washer
  • Sq Ft Combined: 2353
  • Total Sq Ft: 2353
  • Sq Ft Total Bsmt: 1443

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Vinyl
  • Exterior Features: Club House, Grounds Maintenance, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Waterfront Description: Pond

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Trash
  • Association Fee Frequency: Monthly
  • Phone: 734-663-0809
  • Association Fee: 405
  • Association Contact: 734-663-0809
  • Association Fee: Yes

Schools

  • School District: Ann Arbor

Lot Info

  • Homestead: Yes
  • Parcel Number: H00828125008

Tax Info

  • Tax Amount Summer: 4991.0000
  • Tax Amount Winter: 2133.0000
  • Total Tax: 7124.0000
  • Taxable Value: 192864.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2024
Closed on
Oct 3, 2024
Sold by
Rice Edward G
Bought by
Bourne Keith and Avila Lindsay
Seller's Agent
Terrie Soraruf
3DX Real Estate-Brighton
Buyer's Agent
David Wilson
The Charles Reinhart Company
List Price
$460,000
Sold Price
$430,000
Premium/Discount to List
-$30,000
-6.52%
Views
73
Current Estimated Value
$458,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,497
Avg. Annual Appreciation
6.24%
Original Mortgage
$322,500
Outstanding Balance
$313,102
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$140,703

Purchase Details

Closed on
Dec 5, 2016
Sold by
Rhodes Daniel R and Wampler Cynthia
Bought by
Rice Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2006
Sold by
Wexford Gallery Park Llc
Bought by
Rhodes Daniel R and Wampler Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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 $430,000 Capital Title
Warranty Deed $377,500 None Available
Warranty Deed -- Ab
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $322,500 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $193,000 New Conventional
Previous Owner $256,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Pending -- -- --
10/03/2024 10/03/24 Sold $430,000 -6.5% $183 / Sq Ft
09/06/2024 09/06/24 For Sale $460,000 0.0% $195 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $460,000 -4.2% $195 / Sq Ft
08/03/2024 08/03/24 For Sale $480,000 -- $204 / 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 -- $234,800 $0 $0
2024 $5,195 $223,000 $0 $0
2023 $4,991 $198,800 $0 $0
2022 $6,911 $193,000 $0 $0
2021 $6,562 $189,800 $0 $0
2020 $6,712 $189,100 $0 $0
2019 $6,194 $185,800 $185,800 $0
2018 $6,042 $181,500 $0 $0
2017 $5,815 $164,600 $0 $0
2016 $4,163 $129,108 $0 $0
2015 -- $128,722 $0 $0
2014 -- $124,700 $0 $0
2013 -- $124,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240055061

Realcomp

APN: 08-28-125-008