NOT LISTED FOR SALE

723 Watersedge Dr Ann Arbor, MI 48105

Geddes Lake Neighborhood

Estimated Value: $349,000 - $358,000

3 Beds
2.5 Baths
1,516 Sq Ft
$376/mo HOA Fee

Last Sold July 31, 2015

Last sale price $195,000 $129 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,795/month

51 Days on Market

Highlights

  • Breakfast Area or Nook
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Martin Luther King Elementary School Rated A
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of July 2015

Welcome to this 3 bedroom, pond view town home in Geddes Lake! Kitchen with new appliances, and new counter top and backsplash. Fresh paint on the entire house, and new dining area light fixture, adjacent bright laundry room. An ideal location; walking distance to Huron High School, Gallup Park and a short drive to shops, book store, Whole Foods, hospital, U of M, and downtown Ann Arbor. Easy access to freeways. Most importantly you will enjoy your daily activities: playing tennis, basketball, swimming or walking the quiet trails in this community.

Last Agent to Sell the Property

Judie Wu

The Charles Reinhart Company License #6501380541 Listed on: 06/01/2015

The Charles Reinhart Company

Last Buyer's Agent

Julie Picknell

The Charles Reinhart Company License #6501301166

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,793

Year Built

  • Built in 1976

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,516 Sq Ft Home
  • 2-Story Property

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Patio
  • Property fronts a private road

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,793

Year Built

Built in 1976

Lot Details

0

HOA Fees

$376 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • 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: 1516.0
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3793.0
  • 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:Laminate Floor: Yes
  • General Property Info:SqFt Above Grade: 1516.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: 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: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Laminate Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1516.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Patio
  • List Price: 196900.0
  • Lot Features: Sidewalk
  • Road Frontage Type: Private Road
  • Exterior Features:Patio: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: 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: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 376.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 376.0
  • Association Info:Assoc Fee Payable: Monthly

Schools

  • Elementary School: King
  • High School: Huron
  • Middle/Junior School: Clague

Lot Info

  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3793.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 30, 2015
Sold by
Kumar Mukul and Yadav Neha
Bought by
Fealko William L and Fealko Jean C
Seller's Agent
Judie Wu
The Charles Reinhart Company
Buyer's Agent
Julie Picknell
The Charles Reinhart Company
List Price
$196,900
Sold Price
$195,000
Premium/Discount to List
-$1,900
-0.96%
Current Estimated Value
$352,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,628
Avg. Annual Appreciation
5.99%
Original Mortgage
$136,500
Outstanding Balance
$107,539
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$245,089

Purchase Details

Closed on
Oct 20, 2008
Sold by
Geddes Lake Cooperative Homes Inc
Bought by
Kumar Mukul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fealko William L $195,000 None Available
Kumar Mukul -- First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fealko William L $136,500
Previous Owner Kumar Mukul $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $195,000 -1.0% $129 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $196,900 -- $130 / 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 $6,598 $156,600 $0 $0
2024 $5,543 $148,700 $0 $0
2023 $5,119 $129,500 $0 $0
2022 $6,195 $128,500 $0 $0
2021 $6,020 $123,700 $0 $0
2020 $5,831 $118,200 $0 $0
2019 $5,562 $106,200 $106,200 $0
2018 $5,457 $94,900 $0 $0
2017 $5,264 $93,400 $0 $0
2016 $4,096 $82,900 $0 $0
2015 $3,793 $63,737 $0 $0
2014 $3,793 $61,747 $0 $0
2013 -- $61,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judie Wu

    Seller's Agent in 2015

    Judie Wu

    The Charles Reinhart Company

    (734) 546-6140

    8 in this area

    196 Total Sales

    Judie Wu
    Section Image
  • Julie Picknell

    Buyer's Agent in 2015

    Julie Picknell

    The Charles Reinhart Company

    (734) 395-8383

    144 Total Sales

    Julie Picknell
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23061133

Southwestern Michigan Association of REALTORS®

APN: 09-26-204-232

Michigan Washtenaw County Ann Arbor 48105 Geddes Lake

723 Watersedge Dr, Ann Arbor, MI

This home is located at 723 Watersedge Dr, Ann Arbor, MI 48105 since 01 June 2015 and is currently estimated at $352,628, approximately $232 per square foot. This property was built in 1976. 723 Watersedge Dr is a home located in Washtenaw County with nearby schools including Martin Luther King Elementary School, Clague Middle School, and Huron 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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