NOT LISTED FOR SALE

718 Peninsula Ct Unit 111 Ann Arbor, MI 48105

Geddes Lake Neighborhood

Estimated Value: $288,000 - $312,000

2 Beds
1.5 Baths
1,152 Sq Ft
$333/mo HOA Fee

Last Sold June 18, 2020

Last sale price $221,000 $192 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,428/month

2 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 2020

Right on the water and close to it all (U-M Hospital, downtown, Gallup Park, schools, and shopping), this beautiful Geddes Lake condo has a long list of recent upgrades and is ready for you! All-new ceramic tile and carpet on main level in 2018. New Stainless Range/Oven and Dishwasher in 2020, Stainless Fridge in 2018. Updated half bath in 2019 plus new water-saver toilets in both bathrooms in 2018. New front storm and entry door 2019. New dining light fixture 2020. All-new switches/outlets 2019. Full doorwall custom bamboo blind 2018. Geddes Lake offers a truly serene park-like setting with fabulous amenities including a pool and tennis courts. Enjoy nearly endless walking / jogging trails on nearby Huron Pkwy and in Gallup Park, which connects to the Nichols Arboretum. Schedule a a Stay-Safe private showing today!

Last Agent to Sell the Property

Kurt Heinold

Real Estate One Inc License #6501425312 Listed on: 05/24/2020

Real Estate One Inc

Last Buyer's Agent

Tracey Roy

The Charles Reinhart Company License #6501306030

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1976

Lot Details

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

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include water, trash, snow removal, lawn/yard care

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,150

Year Built

Built in 1976

Lot Details

0

HOA Fees

$333 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: 1152.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Contemporary
  • Tax Info:Annual Property Tax: 3150.0
  • 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:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 1152.0
  • 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: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Garage Door Opener
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1152.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Porch(es), Patio
  • List Price: 220000.0
  • Road Frontage Type: Private Road
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Exterior Features:Patio: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Porch(es): 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
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Walking Trails, Club House, Meeting Room, Playground, Tennis Court(s), Pool
  • Association Fee: 333.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 333.0
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:View: Yes
  • General Property Info:Association Contact: 734-996-1234 geddes
  • Assoc Amenities:Playground: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, 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: 3150.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2020
Closed on
Jun 18, 2020
Sold by
Kulkarni Veena K and Kulkarni Rankin K
Bought by
Yiqi Li
Seller's Agent
Kurt Heinold
Real Estate One Inc
Buyer's Agent
Tracey Roy
The Charles Reinhart Company
List Price
$220,000
Sold Price
$221,000
Premium/Discount to List
$1,000
0.45%
Current Estimated Value
$297,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,590
Avg. Annual Appreciation
5.87%

Purchase Details

Listed on
Aug 7, 2013
Closed on
Sep 17, 2013
Sold by
Baeza Castro Andres A and Fass Brieta M
Bought by
Kulkarni Veena K
Seller's Agent
Richard Jarzembowski
The Charles Reinhart Company
Buyer's Agent
Robert Guilloz
Real Estate One Inc
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$60,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Green Scott Robin
Bought by
Castro Andres A Baeza and Fass Brieta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2008
Sold by
Geddes Lake Cooperative Homes Inc
Bought by
Green Scott Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,158
Interest Rate
6.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Yiqi Li $221,000 None Available
Li Viqi $221,000 None Available
Kulkarni Veena K $140,000 American Title Company Of Wa
Castro Andres A Baeza $115,000 None Available
Green Scott Robin -- First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kulkarni Veena K $60,000
Previous Owner Castro Andres A Baeza $112,917
Previous Owner Green Scott Robin $122,158
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $221,000 +0.5% $192 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
05/24/2020 05/24/20 For Sale $220,000 +57.1% $191 / Sq Ft
10/15/2013 10/15/13 Sold $140,000 -3.4% $122 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $144,900 -- $126 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $5,726 $132,100 $0 $0
2024 $5,332 $125,700 $0 $0
2023 $4,916 $110,600 $0 $0
2022 $5,553 $109,800 $0 $0
2021 $5,423 $105,700 $0 $0
2020 $3,311 $101,300 $0 $0
2019 $3,151 $91,400 $91,400 $0
2018 $3,106 $83,800 $0 $0
2017 $3,022 $80,200 $0 $0
2016 $2,915 $60,428 $0 $0
2015 $2,776 $60,248 $0 $0
2014 $2,776 $53,964 $0 $0
2013 -- $53,964 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23118182

Southwestern Michigan Association of REALTORS®

APN: 09-26-204-111