NOT LISTED FOR SALE

5542 Cedar Ridge Dr Unit 3 Ann Arbor, MI 48103

Estimated Value: $548,002 - $604,000

4 Beds
2.5 Baths
2,770 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $470,000 $170 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,665/month

28 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Breakfast Area or Nook
  • Haisley Elementary School Rated A
  • Wood Flooring
  • Porch

About This Home

As of August 2021

Don't miss this opportunity to live in the desirable Arbor Pointe neighborhood! This warm & inviting 4 bedroom, 2 1/2 bath colonial offers numerous updates! New windows throughout bring in tons of natural light! Hardwood floors greet you at the front door, lead you to the kitchen & continue in the powder room that boasts new vanity, lighting & plumbing fixtures. Completely brand new kitchen in 2020 includes 42in Legacy cherry cabinets, granite counter tops, SS appliances (including gas range), attractive ceramic tile (in kit & eating area) & stylish backsplash. Formal living & dining room have newer carpet ('18) and offer great space for entertaining. Cozy family room w/wood burning fireplace & new carpet has been freshly painted. Upstairs you will find 4 spacious bedrooms. Master suite w w/newer carpet, walk-in closet & private master bath w/new shower door. Add'l 3 bedrooms all have brand new carpet & share hallway bath w/dual vanity. The partially finished basement offers add'l rec/living space & has new modern luxury vinyl flooring. Enjoy summer evenings & barbeques on the newer brick paver patio overlooking the gorgeous garden beds & tree-line! One-year home warranty provided to buyer at closing!, Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Scott Guyor

The Charles Reinhart Company License #6501326371 Listed on: 07/07/2021

The Charles Reinhart Company

Last Buyer's Agent

Alex Milshteyn

Real Estate One Inc License #6506037173

Real Estate One Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,442

Year Built

  • Built in 2000

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 67x202x74x240
  • Sprinkler System
  • Property is zoned PUD, PUD

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Recreation Room
  • Basement
  • Sump Pump

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

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

Community Details

  • Arbor Pointe Condo Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,442

Year Built

Built in 2000

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • LivingArea: 2770.0
  • Window Features: Window Treatments
  • Basement Rooms:Basement Finished SQFT: 475.0
  • Basement Rooms:Total Basement SQFT: 1122.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Below Grade Sq Ft: 475.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding, Wood Siding
  • List Price: 459900.0
  • Lot Features: Sidewalk, Site Condo
  • Patio and Porch Features: Patio, Porch(es)
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Annually
  • Association: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 325.0
  • Association Info:Assoc Fee Payable: Annually
  • General Property Info:Association Contact: info@arborpointesub.

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Dimensions: 67x202x74x240
  • Lot Size Sq Ft: 14810.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5442.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 9, 2021
Sold by
Hapeman Matthew P and Hapeman Christine H
Bought by
Kehr Daniel and Eslami Sheida
Seller's Agent
Scott Guyor
The Charles Reinhart Company
Buyer's Agent
Alex Milshteyn
Real Estate One Inc
List Price
$459,900
Sold Price
$470,000
Premium/Discount to List
$10,100
2.2%
Current Estimated Value
$573,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,251
Avg. Annual Appreciation
4.91%
Original Mortgage
$376,000
Outstanding Balance
$345,568
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$219,894

Purchase Details

Closed on
Apr 11, 2012
Sold by
Hapeman Matthew and Hapeman Christine
Bought by
Hapeman Matthew P and Hapeman Christine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,139
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2007
Sold by
Cendant Mobility Financial Corp
Bought by
Hapeman Matthew and Horning Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,250
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2006
Sold by
Choi Jongho and Moon Euna
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,250
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2002
Sold by
Prudential Relocation In
Bought by
Choi Jongho

Purchase Details

Closed on
Oct 14, 1999
Sold by
Development Cook
Bought by
Keys Terrance G

Purchase Details

Closed on
Sep 21, 1999
Sold by
Development Cook
Bought by
Jones Gregory Carl
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 Buyer Sale Price Title Company
Kehr Daniel $470,000 Preferred Ttl Agcy Of Ann Ab
Hapeman Matthew P -- None Available
Hapeman Matthew $267,000 Fidelity National Title
Cendant Mobility Financial Corp $267,000 Fidelity National Title
Choi Jongho $295,000 --
Keys Terrance G $263,955 --
Jones Gregory Carl $278,245 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kehr Daniel $376,000
Previous Owner Hapeman Matthew P $275,000
Previous Owner Hapeman Matthew P $192,139
Previous Owner Hapeman Matthew $200,250
Previous Owner Cendant Mobility Financial Corp $200,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $470,000 +2.2% $170 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $459,900 -- $166 / 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
2024 $5,214 $240,900 $0 $0
2023 $5,010 $213,500 $0 $0
2022 $6,751 $179,800 $0 $0
2021 $5,240 $176,000 $0 $0
2020 $5,442 $168,200 $0 $0
2019 $5,028 $167,000 $167,000 $0
2018 $4,911 $166,900 $0 $0
2017 $4,728 $165,500 $0 $0
2016 $3,311 $130,191 $0 $0
2015 -- $129,802 $0 $0
2014 -- $125,747 $0 $0
2013 -- $125,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23118883

Southwestern Michigan Association of REALTORS®

APN: 08-28-130-003