$385,000
SOLD DEC 30, 2024
2 Beds
2.5 Baths
1,047 Sq Ft
$515/mo HOA Fee

Recently Sold

$368 Per Sq Ft

4% Below List Price

36 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Ground Level Unit
  • Eberwhite Elementary School Rated A
  • End Unit
  • 5-minute walk to Wurster Park

About This Home

As of December 2024

Welcome to 592 S 7th St, Ann Arbor, a beautifully remodeled condo that combines modern luxury with prime location convenience! This fully renovated 2 bed 2.1 bath home offers a host of upgrades designed for comfort, efficiency, and style. Step inside to discover an open-concept layout, showcasing a brand-new kitchen complete with sleek stainless steel appliances, elegant cabinetry, and ample counter space for culinary enthusiasts. Throughout the home, new luxury vinyl plank (LVP) flooring creates a sophisticated and low-maintenance ambiance, enhancing the modern aesthetic.Each bedroom is a private retreat, boasting its own newly remodeled bathroom, providing both comfort and privacy. The finished basement offers versatile space perfect for recreation, a home office, or additional living area, adapting effortlessly to your lifestyle needs.The condo is equipped with all-new mechanicals, including a roof, furnace, AC, and hot water tank, ensuring peace of mind and energy efficiency for years to come. Brand-new windows, already paid for, will be installed in December to complete the renovation, adding natural light and further energy efficiency to this exceptional home.Located less than a mile from the University of Michigan Stadium and within a mile and a half from the U of M Hospital, this home is ideally situated for easy access to the best of Downtown Ann Arbor, from sporting events and campus life to world-class healthcare. Don’t miss the opportunity to experience turnkey living in this thoughtfully upgraded Ann Arbor gem!

Last Agent to Sell the Property

Nicholas Toma

Social House Real Estate Group LLC License #6501402279 Listed on: 11/06/2024

Last Buyer's Agent

Krista Dragun

License #6501415551

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1984 | Remodeled in 2024

Lot Details

  • Property fronts a private road
  • End Unit

HOA Fees

  • $515 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,047 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Finished Basement

Kitchen

  • Free-Standing Gas Oven
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Patio

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 090929324058
  • $2,393 Seller Concession

Community Details

Overview

  • (734) 904 7649 Association, Phone Number (734) 904-7649
  • Old Walnut Heights Condo Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,045

Year Built

Built in 1984 | Remodeled in 2024

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial, End Unit
  • Architecture Level: 2 Story
  • Year Built: 1984
  • State Equalized Value: 169800.0000
  • Year Renovated: 2024
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Disposal, ENERGY STAR® qualified dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Bar Fridge
  • Sq Ft Combined: 1447
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1047
  • Sq Ft Total Bsmt: 498

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved, Private
  • Sideof Street: W

Garage/Parking

  • Garage Size: No Garage

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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: (734) 904-7649
  • Association Fee: 515
  • Association Contact: (734) 904-7649
  • Association Fee: Yes

Schools

  • School District: Ann Arbor

Lot Info

  • Parcel Number: 090929324058

Tax Info

  • Tax Amount Summer: 4690.0000
  • Tax Amount Winter: 1355.0000
  • Total Tax: 6045.0000
  • Taxable Value: 89797.0000

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 30, 2024
Sold by
Michigan Accident Claims Llc
Bought by
Gurganus Linda D
Seller's Agent
Nicholas Toma
Social House Real Estate Group LLC
Buyer's Agent
Krista Dragun
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Views
100
Current Estimated Value
$398,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,543
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
May 22, 2024
Sold by
Thornton Leslie James
Bought by
Michigan Accident Claims Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $385,000 None Listed On Document
Warranty Deed $385,000 None Listed On Document
Personal Reps Deed $209,200 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $385,000 0.0% $368 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
12/02/2024 12/02/24 Price Changed $385,000 -2.5% $368 / Sq Ft
11/22/2024 11/22/24 Price Changed $395,000 -1.0% $377 / Sq Ft
11/06/2024 11/06/24 For Sale $399,000 -- $381 / 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 $6,045 $175,200 $0 $0
2024 $5,079 $171,900 $0 $0
2023 $4,690 $169,800 $0 $0
2022 $5,676 $158,200 $0 $0
2021 $5,516 $143,700 $0 $0
2020 $5,342 $143,600 $0 $0
2019 $5,096 $143,600 $143,600 $0
2018 $5,000 $138,900 $0 $0
2017 $4,823 $114,300 $0 $0
2016 $4,700 $75,955 $0 $0
2015 $4,507 $75,728 $0 $0
2014 $4,507 $73,363 $0 $0
2013 -- $73,363 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240083323

Realcomp

APN: 09-29-324-058