NOT LISTED FOR SALE

723 Spring St Unit 2 Ann Arbor, MI 48103

Water Hill Neighborhood

Estimated Value: $1,188,468 - $1,899,000

5 Beds
4.5 Baths
3,541 Sq Ft
0.35 Acres

Last Sold October 05, 2020

Last sale price $875,000 $247 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,459/month

157 Days on Market

Highlights

  • Spa
  • Solar Power System
  • LEED For Homes
  • Bach Elementary School Rated A
  • 0.35 Acre Lot
  • 2-minute walk to Belize Park

About This Home

As of October 2020

A house like this rarely comes to market! The south unit of a duplex sharing a garage wall, this special home in sought-after Water Hill was AA's first LEED Platinum certified residence. Even with 3 stories and over 3500 finished sqft, the home operates at near net-zero due to green finishes like a 13.7 MWh photo-voltaic system, ICF walls, SIP roof, and geothermal heating & cooling. Meadowlark Design+Build made sure that no aesthetic detail was overlooked with built-in cabinetry, high-end SS appliances, and a custom kitchen worthy of a professional chef. The superior master suite is an oasis with vaulted ceilings, skylights, and full en suite bath featuring two vanities, marble shower, spa tub, and heated floors. Three additional bedrooms share a full bath and laundry on the 2nd level. Gue Guests & teens will relish having their own 3rd floor suite with bedroom, sitting room, and full bath. LL is fully finished with egress, 4th full bath, and 2nd laundry. Entertain on the covered deck overlooking a private fenced yard with patio. All this with an unbelievable walk/bike/transit-friendly location - walk to Kerrytown, numerous parks, and the UM Main and Hospitals campuses plus hundreds of dining and shopping options in minutes!, Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Alex Milshteyn

Real Estate One Inc License #6506037173 Listed on: 05/01/2020

Real Estate One Inc

Last Buyer's Agent

Maryann Ryan

The Charles Reinhart Company License #6501365890

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,194

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Private Entrance
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • HardiePlank Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Window Treatments

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Eco-Friendly Details

  • LEED For Homes
  • Solar Power System
  • Solar Heating System
  • Heating system powered by active solar
  • Heating system powered by passive solar

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Schools

  • Bach Elementary School
  • Slauson Middle School
  • Skyline High School

Utilities

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

Community Details

  • No Home Owners Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,194

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 3
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 83.00' x 182.00'
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3541.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Contemporary
  • Tax Info:Annual Property Tax: 13194.14
  • Tax Info:Zoning3: R2A
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: 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:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • Windows:Skylight(s): Yes
  • General Property Info:Entry Type: Private
  • Additional Items:Hot Tub Spa: Yes
  • Additional Items:Central Vacuum: Yes
  • Heat Source:Solar: Yes
  • Heat Type:Passive Solar: Yes
  • Renewable HeatCool:Active Solar: Yes
  • Renewable HeatCool:In Floor Radiant Heat: Yes
  • Green Certification:LEED For Homes: Certified
  • Renewable HeatCool:Solar Electricity: Yes
  • General Property Info:SqFt Above Grade: 3158.0
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Sump Pump: Yes
  • Laundry Features Upper Level: Yes
  • General Property Info Elementary School2: Bach
  • General Property Info High School: Skyline
  • General Property Info Middle School2: Slauson
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Central Vacuum, Garage Door Opener, Hot Tub Spa, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Full
  • LivingArea: 3541.0
  • Window Features: Skylight(s), Window Treatments
  • General Property Info:Stories2: 3.0
  • Basement Rooms:Basement Finished SQFT: 383.0
  • Basement Rooms:Total Basement SQFT: 1151.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 383.0

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Hard/Plank/Cement Board
  • Exterior Features: Fenced Back, Porch(es), Patio, Deck(s)
  • List Price: 975000.0
  • Lot Features: Sidewalk, Site Condo
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:HardPlankCement Board: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Solar, Passive Solar, Forced Air, Electric, Geothermal, Natural Gas, Radiant Floor
  • Heating: Yes
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public
  • Heat Source:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Assoc Amenities:End Unit: Yes

Schools

  • Elementary School: Bach
  • High School: Skyline
  • Middle/Junior School: Slauson

Green Features

  • Green Energy Generation: Solar

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Dimensions: 83.00' x 182.00'
  • Lot Size Sq Ft: 15115.0
  • Zoning Description: R2A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13194.14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Oct 5, 2020
Sold by
Phillips Linda B and Phillips Scott H
Bought by
Davenport Kevin and Davenport Patricia
Seller's Agent
Alex Milshteyn
Real Estate One Inc
Buyer's Agent
Maryann Ryan
The Charles Reinhart Company
List Price
$995,000
Sold Price
$875,000
Premium/Discount to List
-$120,000
-12.06%
Current Estimated Value
$1,392,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,617
Avg. Annual Appreciation
9.74%

Purchase Details

Closed on
Jul 2, 2008
Sold by
Hulsey Michael and Hulsey Sarah June Loope
Bought by
Phillips Linda B and Phillips Scott H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,900
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
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
Davenport Kevin -- None Available
Davenport Kevin -- Ata National Title Group
Phillips Linda B $638,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Linda B $373,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $875,000 -12.1% $247 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $995,000 -- $281 / 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 $24,567 $568,100 $0 $0
2024 $22,877 $520,300 $0 $0
2023 $21,094 $476,300 $0 $0
2022 $22,987 $472,300 $0 $0
2021 $22,445 $437,500 $0 $0
2020 $13,864 $512,700 $0 $0
2019 $13,194 $433,900 $433,900 $0
2018 $13,008 $417,500 $0 $0
2017 $12,654 $446,500 $0 $0
2016 $12,209 $253,040 $0 $0
2015 $11,626 $252,284 $0 $0
2014 $11,626 $244,402 $0 $0
2013 -- $244,402 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Milshteyn

    Seller's Agent in 2020

    Alex Milshteyn

    Real Estate One Inc

    (734) 417-3560

    22 in this area

    1,116 Total Sales

    Alex Milshteyn
    Section Image
  • Maryann Ryan

    Buyer's Agent in 2020

    Maryann Ryan

    The Charles Reinhart Company

    (734) 645-2428

    6 in this area

    259 Total Sales

    Maryann Ryan
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23120645

Southwestern Michigan Association of REALTORS®

APN: 09-20-316-029

Michigan Washtenaw County Ann Arbor 48103 Water Hill

723 Spring St Unit 2, Ann Arbor, MI

This home is located at 723 Spring St Unit 2, Ann Arbor, MI 48103 since 01 May 2020 and is currently estimated at $1,392,617, approximately $393 per square foot. This property was built in 2006. 723 Spring St Unit 2 is a home located in Washtenaw County with nearby schools including Bach 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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