NOT LISTED FOR SALE

Estimated Value: $599,000 - $681,000

-- Bed
2 Baths
1,808 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 11, 2019

Last sale price $427,500 $236 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,670/month

Highlights

  • Enclosed patio or porch
  • Bach Elementary School Rated A
  • 7 Car Garage

About This Home

As of November 2019

Turn key Investment Opportunity close to Downtown Ann Arbor, ideal for students, always rented, many updates include newer flooring throughout the whole home. Lovely 5 Room Home, right at the corner of Huron and 7th, Actual Annual Income $46,620 fully rented for 2018-2019 school year. Two Car detached garage, one rented at 85$/month, with other one being used as storage by the owner. Five assigned parking spots in the back of the home, shared large kitchen and dining area, with back porch storage area for bikes and a partially finished basement with seating area, tv and washer/dryer. Newer flooring throughout the home installed summer of 2018, boiler in great condition, just inspected Jan 2019. Perfect for student owner/landlord or even for family looking for home in the old west side that they can convert to a single family home.

Last Agent to Sell the Property

Lisa Nocera

Pro Realty License #6501315657 Listed on: 11/11/2019

Last Buyer's Agent

Jihan Franco

Pro Realty License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 47.00x152.00

Interior Spaces

  • 2 Full Bathrooms
  • 1,808 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Parking

  • 7 Car Garage
  • Assigned Parking

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 090929208043

Community Details

Overview

  • 5 Units
  • Jewetts Add Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Year Built: 1910
  • State Equalized Value: 250000.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2508
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1808
  • Sq Ft Total Bsmt: 704

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Porch Type: Patio, Porch - Enclosed
  • Road Frontage Type: Gravel

Garage/Parking

  • MF Parking: Assigned Spaces, Garages
  • Total Parking Spaces: 7

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Sewer: Shared Septic (Common)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ann Arbor

Lot Info

  • List Price per Acre: 2671875.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 47.00X152.00
  • Parcel Number: 090929208043
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3885

Tax Info

  • Tax Amount Summer: 10182.0000
  • Tax Amount Winter: 1946.0000
  • Total Tax: 12128.0000

Multi Family

  • Gross Scheduled Income: 46620.00
  • Number Of Units Total: 5
  • Unit Count: 5
  • Number of Efficiency Units: 5
  • Number Of Units Leased: 5

MLS Schools

  • School District: Ann Arbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Girish Kulkarni
Bought by
Agsk Properties Huron Llc
Current Estimated Value
$631,691

Purchase Details

Closed on
Jan 4, 2022
Sold by
Agsk Properties Huron Llc
Bought by
Kulkarni Amarantha and Kulkarni Setumadhav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,250
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2020
Sold by
Kulkarni Girish and Kulkarni Amarantha
Bought by
Agsk Properties Huron Llc

Purchase Details

Listed on
Nov 11, 2019
Closed on
Nov 12, 2019
Sold by
827 W Huron Llc
Bought by
Kulkarni Girish and Kulkarni Amarantha
Seller's Agent
Lisa Nocera
Pro Realty
Buyer's Agent
Jihan Franco
Pro Realty
List Price
$427,500
Sold Price
$427,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$342,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 11, 2018
Sold by
Azzi Chadi and Khoury Azzi Christina
Bought by
827 W Huron Llc

Purchase Details

Listed on
Jul 28, 2017
Closed on
Oct 14, 2017
Sold by
Shatsman Boris and Shatsman Veronika
Bought by
Azzi Chadi
Seller's Agent
Andrew Piper
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Andrew Piper
@properties Christie's Int'lAA
List Price
$529,900
Sold Price
$450,000
Premium/Discount to List
-$79,900
-15.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$337,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
S Management
Bought by
Veronika Shatsman Boris and Veronika Shetsman

Purchase Details

Closed on
Feb 10, 2004
Sold by
Shatsman Boris and Shatsman Veronika
Bought by
S Management Llc

Purchase Details

Closed on
Jan 2, 2003
Sold by
Barrett Clark Michele
Bought by
Shatsman Boris and Shatsman Veronika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
5.94%
Mortgage Type
Unknown
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
Agsk Properties Huron Llc -- None Listed On Document
Kulkarni Amarantha -- None Listed On Document
Kulkarni Amarantha -- None Listed On Document
Agsk Properties Huron Llc -- Embassy Title Agency
Kulkarni Girish $427,500 Embassy Title Agency
827 W Huron Llc -- None Available
Azzi Chadi $450,000 None Available
Veronika Shatsman Boris -- --
S Management Llc -- --
Shatsman Boris $261,000 Liberty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kulkarni Amarantha $389,250
Previous Owner Kulkarni Amarantha $389,250
Previous Owner Kulkarni Amarantha $342,000
Previous Owner Azzi Chadi $337,500
Previous Owner Shatsman Boris $132,000
Previous Owner Shatsman Boris $165,300
Previous Owner Shatsman Boris $208,020
Previous Owner Shatsman Boris $208,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2019 11/11/19 Sold $427,500 0.0% $236 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $427,500 -5.0% $236 / Sq Ft
10/17/2017 10/17/17 Sold $450,000 -15.1% --
10/17/2017 10/17/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $529,900 -- --
Source: Realcomp

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 $14,535 $258,900 $0 $0
2024 $14,535 $233,800 $0 $0
2023 $11,276 $215,900 $0 $0
2022 $14,011 $211,100 $0 $0
2021 $13,739 $206,200 $0 $0
2020 $14,199 $217,000 $0 $0
2019 $13,731 $215,900 $215,900 $0
2018 $13,118 $205,300 $0 $0
2017 $9,331 $187,300 $0 $0
2016 $7,261 $146,946 $0 $0
2015 $8,719 $146,507 $0 $0
2014 $8,719 $143,200 $0 $0
2013 -- $143,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219115502

Realcomp

APN: 09-29-208-043