NOT LISTED FOR SALE

717 Newport Place Ann Arbor, MI 48103

Arborview Neighborhood

Estimated Value: $455,000 - $548,000

4 Beds
3 Baths
1,500 Sq Ft
$332/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $342,000 $228 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,609/month

48 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Dogs and Cats Allowed
  • Haisley Elementary School Rated A
  • Forced Air Heating and Cooling System
  • High Speed Internet

About This Home

As of April 2021

The BENEFIT of this ANN ARBOR DUPLEX … Location - Location - Location. Very near to everything important to City of Ann Arbor. Situated on a quite low traffic cul-de-sac street, and backing to mature wooded acreage. It will be difficult to find a better location and lot than this. Investment – Investment - Investment. This multi-family home offers two units. Unit #715 is 750 square feet having 2 Bedrooms and 2 Full Bathrooms with finished basement with Study. Unit #717, also 750 square feet, has 2 bedrooms, 1 full bathroom, and full basement. Wide, long paved driveway offers ample parking for occupants. Storage shed on property. This property has been well maintained, with recent updates, and is a turnkey super easy investment opportunity. Showings are by appointment only and require proof of ability to purchase at list price. Call your local Realtor today to take advantage of this fantastic buying opportunity.

Last Agent to Sell the Property

Keith Brandt

Brandt Real Estate License #6501328150 Listed on: 12/11/2020

Last Buyer's Agent

Jim Wedemeyer

The Charles Reinhart Company License #6501371916

The Charles Reinhart Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1958 | Remodeled in 2017

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55x164x55x164

Home Design

  • Duplex
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1,500 Sq Ft Home
  • Partially Finished Basement
  • Interior Basement Entry

Parking

  • Lighted Parking
  • Paved Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Water Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 090919414040

Community Details

Overview

  • 2 Units
  • Revena Heights Sub Subdivision

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,443

Year Built

Built in 1958 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Ranch
  • Architecture Level: 1 Story
  • Year Built: 1958
  • State Equalized Value: 167600.0000
  • Year Renovated: 2017
  • Accessibility Features: Other Accessibility Features
  • Pets Allowed: Cats OK | Dogs OK | Number Limit | Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Cable Available
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Partially Finished, Private
  • Sq Ft Combined: 2250
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 1500
  • Sq Ft Total Bsmt: 1500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 55
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Lighted, Paved, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ann Arbor

Lot Info

  • Lot Size Area: 0.21
  • Lot Dimensions: 55X164X55X164
  • Parcel Number: 090919414040
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 6604.0000
  • Tax Amount Winter: 1839.0000
  • Total Tax: 8443.0000
  • Taxable Value: 131252.0000

Multi Family

  • Gross Scheduled Income: 30049.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Apr 20, 2021
Sold by
Bourne Brett
Bought by
Mbe Properties Llc
Seller's Agent
Keith Brandt
Brandt Real Estate
Buyer's Agent
Jim Wedemeyer
The Charles Reinhart Company
List Price
$350,000
Sold Price
$342,000
Premium/Discount to List
-$8,000
-2.29%
Current Estimated Value
$488,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,615
Avg. Annual Appreciation
7.98%
Original Mortgage
$256,500
Outstanding Balance
$233,439
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$242,285

Purchase Details

Listed on
Dec 11, 2020
Closed on
Mar 15, 2021
Sold by
Kaminski Susan M
Bought by
Kaminski Brian E
Seller's Agent
Keith Brandt
Brandt Real Estate
Buyer's Agent
Jim Wedemeyer
The Charles Reinhart Company
List Price
$350,000
Sold Price
$342,000
Premium/Discount to List
-$8,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$233,439
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$242,285

Purchase Details

Closed on
Dec 23, 2016
Sold by
Kovarik Richard and Kovarik Kristin
Bought by
Kaminski Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2015
Sold by
Kovarik Richard
Bought by
Kovarik Richard P and Kovarik Kristin

Purchase Details

Closed on
Mar 1, 2012
Sold by
Engelder Steven and Engelder Michelle Leanne
Bought by
Kovarik Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,437
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2011
Sold by
Underwood Norbert L
Bought by
Engelder Steven

Purchase Details

Closed on
Jul 15, 2010
Sold by
Engelder Lorraine W
Bought by
Engelder Lorraine W and Lorraine W Engelder Trust
Source: Public Records

Range of Values:

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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
Mbe Properties Llc -- None Available
Bourne Brett $342,000 Reputation First Title Agcy
Kaminski Brian E -- Reputation First Ttl Agcy Ll
Kaminski Brian $277,000 None Available
Kovarik Richard P -- None Available
Kovarik Richard $180,000 Liberty Title
Engelder Steven -- None Available
Engelder Lorraine W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borune Brett $256,500
Previous Owner Kaminski Brian $207,750
Previous Owner Kovarik Richard $171,025
Previous Owner Kovarik Richard $175,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $342,000 -2.3% $228 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $350,000 -- $233 / 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 $10,914 $223,500 $0 $0
2024 $9,170 $203,500 $0 $0
2023 $8,467 $199,600 $0 $0
2022 $10,248 $154,400 $0 $0
2021 $8,867 $184,800 $0 $0
2020 $8,588 $167,600 $0 $0
2019 $8,192 $143,700 $143,700 $0
2018 $8,037 $136,400 $0 $0
2017 $7,753 $123,200 $0 $0
2016 $5,830 $94,216 $0 $0
2015 $4,959 $93,935 $0 $0
2014 $4,959 $91,000 $0 $0
2013 -- $91,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Keith Brandt

    Brandt Real Estate

    Section Image

  • J

    Buyer's Agent in 2021

    Jim Wedemeyer

    The Charles Reinhart Company

    (734) 996-4086

    1 in this area

    19 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2200099514

Realcomp

APN: 09-19-414-040

Michigan Washtenaw County Ann Arbor 48103 Arborview

717 Newport Place, Ann Arbor, MI

This home is located at 717 Newport Place, Ann Arbor, MI 48103 since 11 December 2020 and is currently estimated at $497,877, approximately $331 per square foot. This property was built in 1958. 717 Newport Place is a home located in Washtenaw County with nearby schools including Haisley Elementary School, Slauson Middle School, and Skyline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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