NOT LISTED FOR SALE

7301 Waters Rd Ann Arbor, MI 48103

Estimated Value: $511,000 - $555,000

4 Beds
2.5 Baths
3,181 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $445,500 $140 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,339/month

36 Days on Market

Highlights

  • 3.08 Acre Lot
  • Recreation Room
  • Pole Barn
  • Heritage School Rated A
  • Wood Flooring
  • Farmhouse Style Home

About This Home

As of December 2022

Built-in 1865, Farm House with lots of Character and Charm, 2,731 Sq. FT, 4 bedrooms, 2.5 baths, large Country Kitchen offers lots of room & possibilities, formal dining room, large inviting living room, some hardwood flooring, 2 staircases, upstairs bonus area, wood windows, a fully accessible basement offers 1,450 Sq. Ft. Field Stone Basement Walls, recreation area and storage rooms, Central A/C, Circuit Breakers, Natural Gas, Newer Well Pressure Tank, New Septic tanks and field being installed the week of 11/14/2022, Large Barn with new roof June 2022, 2,880 Sq. FT. Pole Barn, 3.08 Acres, Lots of possibilities exist with this home, pole barn, barn, and 489 X 272 X 486 X 272 Lot, cable and satellite TV and broadband internet are available, Lodi Township taxes and Saline Area Schools, E Easy access to Ann Arbor and Saline, Rec Room: Partially Finished, Rec Room: Finished

Last Agent to Sell the Property

Felix Rudberg

Real Estate One Inc License #6506041155 Listed on: 11/01/2022

Real Estate One Inc

Last Buyer's Agent

Jean Wedemeyer

The Charles Reinhart Company License #6501357880

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1865

Lot Details

  • 3.08 Acre Lot
  • Lot Dimensions are 489.5 x 272 x 486 x 272
  • The property's road front is unimproved
  • Private Entrance

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Farmhouse Style Home
  • Brick or Stone Mason
  • Aluminum Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Living Room
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Pole Barn
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,759

Year Built

Built in 1865

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Farmhouse
  • Stories: 2
  • Year Built: 1865
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 489.5 x 272 x 486 x 272
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3181.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3758.67
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Additional Items:Window Treatments: Yes
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 2731.0
  • Additional Items:Sump Pump: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Other Equipment:Satellite Dish2: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Architectural Style Farm House: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl, Wood
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 3181.0
  • Other Equipment: Satellite Dish
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 450.0
  • Basement Rooms:Total Basement SQFT: 1450.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 450.0

Exterior Features

  • Construction Materials: Aluminum Siding, Stone
  • List Price: 374900.0
  • Other Structures: Pole Barn
  • Patio and Porch Features: Porch(es)
  • Road Surface Type: Unimproved
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Stone: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Additional Parking, Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 3.08
  • Lot Size Area: 3.08
  • Lot Dimensions: 489.5 x 272 x 486 x 272
  • Lot Size Sq Ft: 134165.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3758.67
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 7, 2022
Sold by
Roush Stephen M and Roush Deborah M
Bought by
Reid Peter B and Russo Nicole D
Seller's Agent
Felix Rudberg
Real Estate One Inc
Buyer's Agent
Jean Wedemeyer
The Charles Reinhart Company
List Price
$374,900
Sold Price
$445,500
Premium/Discount to List
$70,600
18.83%
Views
17
Current Estimated Value
$539,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,177
Avg. Annual Appreciation
7.77%
Original Mortgage
$332,000
Outstanding Balance
$323,237
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$222,759
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
Reid Peter B $445,500 None Listed On Document
Reid Peter B $445,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Peter B $332,000
Closed Reid Peter B $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $445,500 +18.8% $140 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $374,900 -- $118 / 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 $4,775 $224,600 $0 $0
2024 $4,775 $145,600 $0 $0
2023 $3,809 $138,100 $0 $0
2022 $770 $121,300 $0 $0
2021 $3,671 $123,600 $0 $0
2020 $697 $122,900 $0 $0
2019 $3,416 $119,000 $119,000 $0
2018 $3,354 $117,600 $0 $0
2017 $3,186 $110,600 $0 $0
2016 $0 $95,976 $0 $0
2015 -- $95,689 $0 $0
2014 -- $92,700 $0 $0
2013 -- $92,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23119305

Southwestern Michigan Association of REALTORS®

APN: 13-08-200-017