NOT LISTED FOR SALE

605 Watersedge Dr Unit 173 Ann Arbor, MI 48105

Geddes Lake Neighborhood

Estimated Value: $339,000 - $367,499

3 Beds
2.5 Baths
1,516 Sq Ft
$441/mo HOA Fee

Last Sold June 30, 2022

Last sale price $350,000 $231 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,046/month

17 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Contemporary Architecture
  • Martin Luther King Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of June 2022

Geddes Lake condo with the largest floorplan in the community with an A+ location. This condo sits on a private low traffic cul-de-sac and has backyard views of the Ruthven Nature Area and a Geddes Lake pond. Many improvements have been made to this 1516 SF home over the past few years. The kitchen has been opened up and features new cabinets, sink, granite counters and new dishwasher and microwave. The entry to the laundry room behind the kitchen has a neat new closet area. An open living/dining area with views of the patio through the oversized Andersen door wall features new luxury laminate flooring and recessed lights. A handy updated powder room is off the foyer. Upstairs find three beds and two full baths with new closet doors. The large primary suite has many windows, new flooring, and a bath with new fixtures, tile and vanity. Two more bedrooms, one with new recessed lighting, and a full remodeled bath-all have recently professionally cleaned neutral carpet. The handy one car garage with new opened is attached. Geddes Lake is on the bus line, is close to U-M, and has playgrounds, a pool, tennis courts and wonderful on-site maintenance. OFFERS DUE 6-6-22 AT NOON, Primary Bath

Last Agent to Sell the Property

Jean Wedemeyer

The Charles Reinhart Company License #6501357880 Listed on: 06/03/2022

The Charles Reinhart Company

Last Buyer's Agent

Richard Taylor

The Charles Reinhart Company License #6501312197

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,149

Year Built

  • Built in 1976

Lot Details

  • Home fronts a pond
  • Property fronts a private road
  • Private Entrance

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • HardiePlank Siding

Interior Spaces

  • 1,516 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • 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

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • Geddes Lake Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,149

Year Built

Built in 1976

Lot Details

0

HOA Fees

$441 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1976
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1516.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Contemporary
  • Tax Info:Annual Property Tax: 6149.0
  • Tax Info:Zoning3: R3
  • 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
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Geddes Lake Condos
  • Additional Items:Laminate Floor: Yes
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 1516.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Assoc Amenities:Walking Trails: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: King
  • General Property Info High School: Huron
  • General Property Info Middle School2: Clague
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Garage Door Opener, Laminate Floor
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1516.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Hard/Plank/Cement Board
  • Exterior Features: Tennis Court(s), Patio
  • List Price: 349000.0
  • Lot Features: Sidewalk
  • Road Frontage Type: Private Road
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Exterior Features:Patio: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage Type:_one_: Yes

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Walking Trails, Club House, Playground, Tennis Court(s), Pool
  • Association Fee: 441.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 441.0
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:View: Yes
  • Assoc Amenities:Playground: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Schools

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

Lot Info

  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6149.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jun 26, 2022
Sold by
Katharine Brieger Revocable Trust
Bought by
Schneider David
Seller's Agent
Jean Wedemeyer
The Charles Reinhart Company
Buyer's Agent
Richard Taylor
The Charles Reinhart Company
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Current Estimated Value
$358,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,125
Avg. Annual Appreciation
0.69%
Original Mortgage
$315,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 17, 2020
Sold by
Krevans Sarah
Bought by
Brieger Katharine

Purchase Details

Closed on
Jun 5, 2019
Sold by
Brieger Katherine
Bought by
Brieger Katherine and The Katherine Brieger Revocabl

Purchase Details

Closed on
Apr 18, 2014
Sold by
Marcich Ivo Peter and Marcich Heather Ann
Bought by
Krevans Sarah and Brieger Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,200
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Ogden Judy S
Bought by
Marcich Ivo Peter and Marcich Heather Ann

Purchase Details

Closed on
Oct 20, 2008
Sold by
Geddes Lake Cooperative Homes Inc
Bought by
Ogden Judy S
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
Schneider David $350,000 None Listed On Document
Brieger Katharine -- None Available
Brieger Katherine -- None Available
Krevans Sarah $165,500 None Available
Marcich Ivo Peter $107,000 None Available
Ogden Judy S -- First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schneider David $315,000
Previous Owner Krevans Sarah $66,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $350,000 +0.3% $231 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $349,000 -- $230 / 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 $8,718 $156,600 $0 $0
2024 $7,325 $148,700 $0 $0
2023 $6,764 $129,500 $0 $0
2022 $6,297 $128,500 $0 $0
2021 $6,149 $123,700 $0 $0
2020 $6,024 $118,200 $0 $0
2019 $3,990 $106,200 $106,200 $0
2018 $3,934 $94,900 $0 $0
2017 $3,827 $93,400 $0 $0
2016 $3,260 $76,528 $0 $0
2015 $2,937 $76,300 $0 $0
2014 $2,937 $61,747 $0 $0
2013 -- $61,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23112417

MichRIC

APN: 09-26-204-173