723 Spring St Unit 2 Ann Arbor, MI 48103
Water Hill NeighborhoodEstimated Value: $1,177,000 - $1,529,000
5
Beds
4.5
Baths
3,541
Sq Ft
0.35
Acres
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 2020A 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
Real Estate One Inc License #6506037173 Listed on: 05/01/2020
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
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%
Total Days on Market
157
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,411
Avg. Annual Appreciation
8.80%
Original Mortgage
$437,500
Outstanding Balance
$389,958
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$908,453
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
Similar Home in Ann Arbor, MI
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Open | Davenport Kevin | $437,500 | |
| Previous Owner | Phillps Linda B | $372,000 | |
| Previous Owner | Phillips Linda B | $50,000 | |
| Previous Owner | Phillips Scott H | $314,350 | |
| Previous Owner | Phillips Linda B | $371,000 | |
| Previous Owner | Phillips Linda B | $373,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
25 in this area
1,189 Total Sales
-
Maryann Ryan
Buyer's Agent in 2020
Maryann Ryan
The Charles Reinhart Company
(734) 645-2428
6 in this area
281 Total Sales
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23120645
APN: 09-20-316-029
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