$332,000 - $365,000
RENTED SEP 10, 2024

629 Watersedge Dr Unit 197 Ann Arbor, MI 48105

Geddes Lake Neighborhood
3 Beds
3 Baths
1,516 Sq Ft
$229 Price per Sq Ft

Last Sold December 08, 2015

Last sale price $180,000 $119 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,389/month

About This Home

As of December 2015

Available early to mid October. A nice Geddes Lake 3-bedroom, 3(2 1)-bath townhome with a one car attached garage in one of the most sought-after spots in the neighborhood. Community in ground swimming pool, tennis/pickleball court, playground, multiple ponds and open space for walking. King Elementary, Clague MS, and Huron HS. The location of the home is convenient to the VA Healthcare System, UM North Campus, UM Hospital, Kellogg Eye Center, Domino's Farms, US-23, M-14, I-94, and more. Downtown Ann Arbor and Gallup Park are just minutes away by bicycle or automobile. There are plenty of retail and grocery shopping options and dozens of restaurants just a short drive away. Tenant pays for gas, electricity, cable, internet and phone.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Dec 5, 2015
Sold by
Glassel Kirk
Bought by
Glassel Kirk and Glassel Yang
Seller's Agent
Julie Picknell
The Charles Reinhart Company
Buyer's Agent
Kirk Glassel
The Charles Reinhart Company
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Current Estimated Value
$347,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,445
Avg. Annual Appreciation
7.22%
Original Mortgage
$136,800
Outstanding Balance
$109,850
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$237,595

Purchase Details

Closed on
Jul 12, 2011
Sold by
Liu Mingyan
Bought by
Peng Dongjun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2008
Sold by
Geddes Lake Cooperative Homes Inc
Bought by
Liu Mingyan

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Glassel Kirk -- None Available
Glassel Kirk $180,000 None Available
Relo Direct Inc $180,000 None Available
Peng Dongjun $136,000 Liberty Title
Liu Mingyan -- First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glassel Kirk $70,000
Open Glassel Kirk $136,800
Previous Owner Peng Dongjun $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Rented $2,500 0.0% --
08/18/2024 08/18/24 For Rent $2,500 0.0% --
12/08/2015 12/08/15 Sold $180,000 -7.7% $119 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $195,000 -- $129 / Sq Ft

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 $5,543 $148,700 $0 $0
2023 $5,119 $129,500 $0 $0
2022 $6,195 $128,500 $0 $0
2021 $6,020 $123,700 $0 $0
2020 $5,831 $118,200 $0 $0
2019 $5,562 $106,200 $106,200 $0
2018 $4,262 $94,900 $0 $0
2017 $4,146 $93,400 $0 $0
2016 $3,531 $82,900 $0 $0
2015 $2,937 $63,737 $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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