NOT LISTED FOR SALE

736 Watersedge Dr Unit 243 Ann Arbor, MI 48105

Geddes Lake Neighborhood

Estimated Value: $271,000 - $378,000

2 Beds
1.5 Baths
1,208 Sq Ft
$270/mo HOA Fee

Last Sold August 10, 2018

Last sale price $204,000 $169 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,377/month

27 Days on Market

Highlights

  • Water Views
  • Home fronts a pond
  • Contemporary Architecture
  • Martin Luther King Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of August 2018

This updated 2-bedroom Geddes Lake condo is the perfect location for a North Campus student/professional, anyone who works at the VA or UM Hospital, someone who commutes on 23, or anyone who just wants to be close to downtown for under $200,000. There is a bus stop literally in front of Geddes Lake which makes transportation effortless. And it's easy biking distance from Whole Foods, Downtown, North Campus, Hospitals, etc. Gallup Park is just a few-minute walk away so you'll never lack for nature. This condo has an open concept living room/dining/kitchen that's great for entertaining, with a sliding glass door for lots of light and access to the private fenced patio. The complex offers a pool, tennis courts, and more, and there's plenty of open parking for guests very nearby. The 1-car gar garage gives you plenty of storage and/or space so you never have to scrape your car off in the winter. All the appliances are included in this totally move-in ready and low-maintenance condo. Please contact me if you're interested in touring this spectacular condo.

Last Agent to Sell the Property

Luke Tillotson

Basis Real Estate Group License #6502426726 Listed on: 07/13/2018

Last Buyer's Agent

Tracey Roy

The Charles Reinhart Company License #6501306030

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,765

Year Built

  • Built in 1976

Lot Details

  • Home fronts a pond
  • Property fronts a private road
  • Fenced Yard

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • HardiePlank Siding

Interior Spaces

  • 1,208 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include water, trash, snow removal, lawn/yard care

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,765

Year Built

Built in 1976

Lot Details

0

HOA Fees

$270 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • 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: 1208.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Contemporary
  • Tax Info:Annual Property Tax: 3765.0
  • Tax Info:Zoning3: R3
  • 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceramic Floor: Yes
  • Appliances Microwave: Yes
  • Garage Type Detached: Yes
  • General Property Info:SqFt Above Grade: 1208.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Assoc Amenities:Walking Trails: Yes
  • Laundry Features Upper 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, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1208.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Hard/Plank/Cement Board
  • Exterior Features: Fenced Back, Tennis Court(s), Patio
  • List Price: 199900.0
  • Lot Features: Sidewalk
  • Road Frontage Type: Private Road
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Walking Trails, Club House, Tennis Court(s), Pool
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 270.0
  • Association Info:Assoc Fee Payable: Monthly
  • Water Fea Amenities:View: Yes
  • General Property Info:Association Contact: 734-996-1234
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Lawn/Yard Care

Schools

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

Lot Info

  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3765.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2019
Sold by
Theriault Jane
Bought by
Theriault Jane and Theriault Jane
Current Estimated Value
$309,206

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 4, 2018
Sold by
Wu Biming
Bought by
Theriault Jane
Seller's Agent
Luke Tillotson
Basis Real Estate Group
Buyer's Agent
Tracey Roy
The Charles Reinhart Company
List Price
$199,900
Sold Price
$204,000
Premium/Discount to List
$4,100
2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$55,000
Outstanding Balance
$33,574
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$275,632

Purchase Details

Closed on
Sep 12, 2016
Sold by
Pavlic Ashley and Pavlic Terry
Bought by
Cricelli Ryan and Mattingley Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2014
Closed on
Jan 29, 2015
Sold by
Napoli Angela
Bought by
Wu Birning
Seller's Agent
Rob Ewing
Real Estate One Inc
Buyer's Agent
Kathy Toth
Keller Williams Ann Arbor Mrkt
List Price
$157,500
Sold Price
$151,000
Premium/Discount to List
-$6,500
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Jul 14, 2011
Sold by
Jones Constance L and Estate Of Demetra K Valvanis
Bought by
Napoli Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,020
Interest Rate
4.39%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2008
Sold by
Geddes Lake Cooperative Homes Inc
Bought by
Valvanis Demetra K
Source: Public Records

Range of Values:

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Average Value
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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
Theriault Jane -- None Available
Theriault Jane $204,000 Preferred Title
Cricelli Ryan $170,000 Liberty Title
Wu Birning $151,000 Amer Title Co Of Washtenaw
Napoli Angela $106,000 American Title Co Washtenaw
Valvanis Demetra K -- First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theriault Jane $55,000
Previous Owner Cricelli Ryan $153,000
Previous Owner Napoli Angela $103,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2018 08/10/18 Sold $204,000 +2.1% $169 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $199,900 +32.4% $165 / Sq Ft
01/29/2015 01/29/15 Sold $151,000 -4.1% $125 / Sq Ft View Prior Sale
01/27/2015 01/27/15 Pending -- -- --
12/06/2014 12/06/14 For Sale $157,500 -- $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 $5,535 $139,100 $0 $0
2024 $5,154 $132,300 $0 $0
2023 $4,753 $116,000 $0 $0
2022 $5,179 $115,100 $0 $0
2021 $5,057 $110,800 $0 $0
2020 $4,955 $106,100 $0 $0
2019 $4,715 $95,400 $95,400 $0
2018 $3,871 $87,600 $0 $0
2017 $3,766 $84,700 $0 $0
2016 $3,208 $75,300 $0 $0
2015 $2,689 $58,346 $0 $0
2014 $2,689 $56,524 $0 $0
2013 -- $56,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23083951

Southwestern Michigan Association of REALTORS®

APN: 09-26-204-243