NOT LISTED FOR SALE

5862 Cedar Ridge Dr Unit 76 Ann Arbor, MI 48103

Estimated Value: $573,000 - $650,000

4 Beds
2.5 Baths
2,784 Sq Ft
$220/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $405,000 $145 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,800/month

41 Days on Market

Highlights

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

About This Home

As of November 2018

With a terrific Westside location in the popular Arbor Pointe neighborhood, this crisp two-story is light-filled and ready to go! Highlighted by a tried and true floor plan, it features formal living and dining rooms with hardwood floors, a large family room with fireplace, first-floor study with French doors, and a nice sized updated kitchen with adjacent breakfast nook. Upstairs is the spacious master with vaulted ceiling, two walk-in closets, and master bath with dual vanities and separate jetted tub and shower. Three additional bedrooms and a hall bath complete the upper level. The lower level is a blank slate, awaiting its transformation into a recreation room, theater, home gym - whatever the heart desires! Summer get togethers are a must on the brick paver patio. Conveniently locate located, this home is just moments to shopping, dining and expressways., Primary Bath, Rec Room: Space

Last Agent to Sell the Property

Nancy Bishop

The Charles Reinhart Company License #6506044662 Listed on: 10/05/2018

The Charles Reinhart Company

Last Buyer's Agent

Kim Johnson

Real Estate One Inc License #6501339462

Real Estate One Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 2000

Lot Details

  • 9,583 Sq Ft Lot
  • Sprinkler System
  • Property is zoned PUD, PUD

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Area
  • Recreation Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • 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 snow removal

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,400

Year Built

Built in 2000

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2784.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Colonial
  • Tax Info:Annual Property Tax: 5399.95
  • Tax Info:Zoning3: PUD
  • 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:Ceramic Floor: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Wood Floor: Yes
  • General Property Info:SqFt Above Grade: 2784.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Sump Pump: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Haisley
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Forsythe
  • General Property Info Garage YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Range, Oven, Dryer, Disposal, Dishwasher
  • Interior Amenities: Ceramic Floor, Garage Door Opener, Wood Floor, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2784.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 2784.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Porch(es), Patio
  • List Price: 425000.0
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 375.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 375.0
  • Association Info:Assoc Fee Payable: Annually
  • General Property Info:Association Contact: On File

Fee Information

  • Association Fee Includes: Snow Removal

Schools

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

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5399.95
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 15, 2018
Sold by
Lee Byungho and Lee Yongchu
Bought by
Yue Rengpeng and Zhu Rongrong
Seller's Agent
Nancy Bishop
The Charles Reinhart Company
Buyer's Agent
Kim Johnson
Real Estate One Inc
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$613,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,805
Avg. Annual Appreciation
6.13%
Original Mortgage
$324,000
Outstanding Balance
$210,314
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$397,898

Purchase Details

Closed on
Jun 28, 2011
Sold by
Jones Gregory Carl and Jones Sandra M
Bought by
Lee Byungho and Lee Yongchu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,888
Interest Rate
4.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Yue Rengpeng $405,000 American Title Co Of Washten
Lee Byungho $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yue Rengpeng $324,000
Previous Owner Lee Byuncho $340,000
Previous Owner Lee Byungho $289,550
Previous Owner Lee Byungho $292,750
Previous Owner Lee Byungho $311,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2018 11/19/18 Sold $405,000 -4.7% $145 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $425,000 -- $153 / 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 -- $278,900 $0 $0
2024 $5,987 $268,000 $0 $0
2023 $5,752 $246,000 $0 $0
2022 $7,965 $214,000 $0 $0
2021 $7,563 $209,300 $0 $0
2020 $7,736 $202,100 $0 $0
2019 $7,217 $200,500 $200,500 $0
2018 $5,566 $191,000 $0 $0
2017 $5,358 $189,500 $0 $0
2016 $3,761 $147,897 $0 $0
2015 -- $147,455 $0 $0
2014 -- $142,848 $0 $0
2013 -- $142,848 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23084207

Southwestern Michigan Association of REALTORS®

APN: 08-28-130-076