NOT LISTED FOR SALE

602 Watersedge Dr Unit 170 Ann Arbor, MI 48105

Geddes Lake Neighborhood

Estimated Value: $274,000 - $294,000

2 Beds
1.5 Baths
1,152 Sq Ft
$88/mo HOA Fee

Last Sold May 04, 2012

Last sale price $110,000 $95 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,973/month

127 Days on Market

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Eat-In Kitchen
  • Martin Luther King Elementary School Rated A
  • 1 Car Attached Garage
  • Patio

About This Home

As of May 2012

Enjoy This End Unit With Peaceful Private Location Backing To The Woods/Tree-line. Open Floorplan. 2 Spacious Bedrooms With Good Sizeclosets,Great For Room Sharing, Children Or Guests. Recent Updatesinclude New Allure Wood-like Flooring In Living Room,Dining Room,Kitchen And Laundry. New Wood Blinds, Dryer And Hot Water Heater. Attached Garage. Extensive Community Facilities With Outdoor Pool, Tennis Courts, Ponds And Walking Paths. Convenient Location Close To All Ann Arbor Has To Offer. Popular King, Clague And Huron Schools.

Last Agent to Sell the Property

Glenda Gerbstadt

Coldwell Banker Professionals License #6506041637 Listed on: 11/07/2011

Coldwell Banker Professionals

Last Buyer's Agent

Marjorie Bolgos

The Charles Reinhart Company License #6502379609

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1976

Lot Details

  • Property fronts a private road

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • King Elementary School
  • Clague Middle School
  • Huron High School

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,460

Year Built

Built in 1976

Lot Details

0

HOA Fees

$88 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1976
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Total Fin SqFt All Levels: 1152.0
  • Tax Info:Annual Property Tax: 2460.0
  • Tax Info:Zoning3: Cnd
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: 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
  • Additional Items:Window Treatments: Yes
  • Pool:OutdoorInground: Yes
  • General Property Info:SqFt Above Grade: 1152.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vinyl Floor: Yes
  • General Property Info Elementary School2: King
  • General Property Info High School: Huron
  • General Property Info Middle School2: Clague
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1152.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Exterior Features: Patio
  • List Price: 114900.0
  • Pool Features: Outdoor/Inground
  • Road Frontage Type: Private Road
  • Exterior Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 263.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 263.0
  • Association Info:Assoc Fee Payable: Quarterly

Schools

  • Elementary School: King
  • High School: Huron
  • Middle/Junior School: Clague

Lot Info

  • Zoning Description: Cnd
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2460.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2011
Closed on
May 4, 2012
Sold by
Demiralp Emre
Bought by
Panja Biswajit and Meharia Priyanka
Seller's Agent
Glenda Gerbstadt
Coldwell Banker Professionals
Buyer's Agent
Marjorie Bolgos
The Charles Reinhart Company
List Price
$117,500
Sold Price
$110,000
Premium/Discount to List
-$7,500
-6.38%
Current Estimated Value
$286,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,079
Avg. Annual Appreciation
7.34%
Original Mortgage
$88,000
Outstanding Balance
$12,008
Interest Rate
3.23%
Mortgage Type
New Conventional
Estimated Equity
$274,071

Purchase Details

Closed on
Nov 21, 2008
Sold by
Lay Keary and Lay Jean
Bought by
Demiralp Emre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,700
Interest Rate
5.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2008
Sold by
Geddes Lake Cooperative Homes Inc
Bought by
Lay Keary A and Lay Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,700
Interest Rate
5.44%
Mortgage Type
Purchase Money Mortgage
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
Panja Biswajit $110,000 None Available
Demiralp Emre $105,000 First Title & Escrow Inc
Lay Keary A -- First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panja Biswajit $88,000
Previous Owner Demiralp Emre $78,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2012 05/04/12 Sold $110,000 -6.4% $95 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $117,500 -- $102 / Sq Ft
Source: MichRIC

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 $4,615 $136,900 $0 $0
2024 $4,615 $130,300 $0 $0
2023 $3,580 $114,400 $0 $0
2022 $4,333 $113,500 $0 $0
2021 $955 $109,300 $0 $0
2020 $4,078 $104,600 $0 $0
2019 $3,890 $94,300 $94,300 $0
2018 $3,816 $86,400 $0 $0
2017 $3,682 $83,300 $0 $0
2016 $2,865 $57,979 $0 $0
2015 $3,440 $57,806 $0 $0
2014 $3,440 $56,000 $0 $0
2013 -- $56,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Glenda Gerbstadt

    Seller's Agent in 2012

    Glenda Gerbstadt

    Coldwell Banker Professionals

    (734) 646-4463

    4 in this area

    213 Total Sales

    Glenda Gerbstadt
    Section Image

  • M

    Buyer's Agent in 2012

    Marjorie Bolgos

    The Charles Reinhart Company

See All Agents

Map

Source: MichRIC

MLS Number: 23106374

MichRIC

APN: 09-26-204-170

Michigan Washtenaw County Ann Arbor 48105 Geddes Lake

602 Watersedge Dr Unit 170, Ann Arbor, MI

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