Karolynn Schofield
RE/MAX Platinum
(734) 822-9099
79 Total Sales
3 in Water Hill
$510,000 Price Range
723 Spring St Unit 2 Ann Arbor, MI 48103
Water Hill NeighborhoodEstimated Value: $1,151,000 - $1,282,000
5
Beds
4.5
Baths
3,541
Sq Ft
0.35
Acre Lot
Highlights
- Indoor 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
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,194
Year Built
- Built in 2006
Lot Details
- End Unit
- Private Entrance
- Back Yard Fenced
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
- Great Room
- Family Room
- Living Room
- Dining Room
- Home Office
- Recreation Room
- Indoor Spa
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Radiant Floor
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- 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
- 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
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2020
Closed on
Oct 5, 2020
Sold by
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,104
Avg. Annual Appreciation
5.78%
Original Mortgage
$437,500
Outstanding Balance
$375,913
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$838,191
Purchase Details
Closed on
Jul 2, 2008
Sold by
Bought by
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Water Hill, MI
-
Karolynn Schofield
-
Marc Johnson
Marc Johnson
Johnson Realty Group, LLC
(313) 631-3883
39 Total Sales
1 in Water Hill
$490,000 Price
-
Mike Penn
Mike Penn
Real Estate One Inc
(734) 808-3982
125 Total Sales
4 in Water Hill
$395K - $1.2M Price Range
-
Brett Cosner
Brett Cosner
Jaqua REALTORS
(269) 580-8238
109 Total Sales
1 in Water Hill
$397,000 Price
-
Stephen Hollowell
Stephen Hollowell
Keller Williams Ann Arbor
(734) 977-1279
98 Total Sales
6 in Water Hill
$559K - $715K Price Range
-
Howard Watts
Howard Watts
Coldwell Banker Professionals
(734) 999-3847
197 Total Sales
1 in Water Hill
$825,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Ata National Title Group | ||
| -- | None Available | ||
| $638,900 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $437,500 | ||
| Previous Owner | $372,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $314,350 | ||
| Previous Owner | $371,000 | ||
| Previous Owner | $373,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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: MichRIC
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $27,325 | $580,000 | $0 | $0 |
| 2025 | $23,456 | $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
26 in this area
1,044 Total Sales
-
Maryann Ryan
Buyer's Agent in 2020
Maryann Ryan
The Charles Reinhart Company
(734) 645-2428
5 in this area
229 Total Sales
Map
Source: MichRIC
MLS Number: 23120645
APN: 09-20-316-029
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.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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