NOT LISTED FOR SALE

788 Watersedge Dr Ann Arbor, MI 48105

Geddes Lake Neighborhood

Estimated Value: $275,000 - $382,000

2 Beds
1.5 Baths
1,208 Sq Ft
$260/mo HOA Fee

Last Sold August 03, 2016

Last sale price $169,000 $140 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,287/month

56 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Community Pool
  • Martin Luther King Elementary School Rated A
  • End Unit
  • Tennis Courts

About This Home

As of August 2016

This super clean well-maintained two-bedroom Geddes Lake condo is a scarce end unit that offers additional quiet and privacy and features an enclosed private patio. The bright, open first floor plan has an updated all-white kitchen; an open dining area that flows into a large sunny living room; the living room has ever-changing seasonal views of the courtyard through a huge 12' doorwall; updated half bath and . . . a special feature: a real wood burning Franklin Stove! The second level includes the Master Bedroom and a second large bedroom - both with large sunny windows, premium wood blinds and really big oversize closets; newer full bath and private in-suite laundry; all appliances included. Outdoors: private patio with floral plantings; private one car garage; guest parking 75 feet away away; short walk to community Clubhouse, Pool and Tennis Courts. Go everywhere; right on both the town and university bus lines; Medical Center, North Campus, Gallup Park, Expressways are all nearby.

Last Agent to Sell the Property

Brian Hill

The Charles Reinhart Company License #6501348440 Listed on: 05/24/2016

Co-Listed By

Young Choi

The Charles Reinhart Company License #6502379608

Last Buyer's Agent

Maria Gilbert Anglin

The Charles Reinhart Company License #6501288443

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1976

Lot Details

  • Property fronts a private road
  • End Unit

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • HardiePlank Siding

Interior Spaces

  • 1,208 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Schools

  • Clague Middle School
  • Huron High School

Utilities

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

Community Details

Overview

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

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,587

Year Built

Built in 1976

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Contemporary
  • Stories: 2
  • Year Built: 1976
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 139.9
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1208.0
  • Tax Info:Annual Property Tax: 2587.0
  • 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
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Window Treatments: Yes
  • Windows:Skylight(s): Yes
  • General Property Info:SqFt Above Grade: 1208.0
  • Assoc Amenities:Walking Trails: Yes
  • Laundry Features Upper Level: Yes
  • General Property Info High School: Huron High School
  • General Property Info Middle School2: Clague Middle School
  • General Property Info Garage YN: Yes
  • Architectural Style:Contemporary: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1208.0
  • Window Features: Skylight(s), Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: HardiPlank Type
  • List Price: 169000.0
  • Lot Features: Site Condo
  • Patio and Porch Features: Patio, Porch(es)
  • Road Frontage Type: Private Road
  • Exterior Material:HardPlankCement Board: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, End Unit, Meeting Room, Playground, Pool, Tennis Court(s), Trail(s)
  • Association Fee: 260.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Info:Approx Assoc Fee2: 260.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:End Unit: Yes
  • Assoc Amenities:Playground: Yes
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:Meeting Room: Yes
  • Assoc Amenities:Tennis Court(s)2: Yes

Fee Information

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

Schools

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

Lot Info

  • Zoning Description: R3

Tax Info

  • Tax Annual Amount: 2587.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Aug 3, 2016
Sold by
Lynch Patricia
Bought by
Serra David F and Sielicki Elizabeth A
Seller's Agent
Brian Hill
The Charles Reinhart Company
Buyer's Agent
Maria Gilbert Anglin
The Charles Reinhart Company
List Price
$169,000
Sold Price
$169,000
Current Estimated Value
$308,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,808
Avg. Annual Appreciation
6.72%
Original Mortgage
$135,200
Outstanding Balance
$107,629
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$205,636

Purchase Details

Closed on
Oct 20, 2008
Sold by
Geddes Lake Cooperative Homes Inc
Bought by
Lynch Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Serra David F $169,000 None Available
Lynch Patricia -- First Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serra David F $135,200
Previous Owner Lynch Patricia $109,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $169,000 0.0% $140 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $169,000 -- $140 / Sq Ft
Source: MichRIC

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 $5,091 $144,000 $0 $0
2024 $4,965 $136,900 $0 $0
2023 $4,578 $119,800 $0 $0
2022 $4,989 $118,800 $0 $0
2021 $4,871 $114,400 $0 $0
2020 $4,773 $109,500 $0 $0
2019 $4,542 $98,200 $98,200 $0
2018 $4,478 $90,200 $0 $0
2017 $4,356 $87,900 $0 $0
2016 $2,362 $55,449 $0 $0
2015 $2,548 $55,284 $0 $0
2014 $2,548 $53,558 $0 $0
2013 -- $53,558 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brian Hill

    The Charles Reinhart Company

  • Y

    Seller Co-Listing Agent in 2016

    Young Choi

    The Charles Reinhart Company

  • M

    Buyer's Agent in 2016

    Maria Gilbert Anglin

    The Charles Reinhart Company

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Map

Source: MichRIC

MLS Number: 23080045

MichRIC

APN: 09-26-204-288

Michigan Washtenaw County Ann Arbor 48105 Geddes Lake

788 Watersedge Dr, Ann Arbor, MI

Not Listed for Sale

Condos

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