NOT LISTED FOR SALE

932 Dewey Ave Ann Arbor, MI 48104

Lower Burns Park Neighborhood

Estimated Value: $563,154 - $702,000

3 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold May 29, 2019

Last sale price $383,425

Est. 62% increase in value since last sale

Current estimated payment $4,025/month

91 Days on Market

About This Home

As of May 2019

This home is located at 932 Dewey Ave, Ann Arbor, MI 48104 since 27 February 2019 and is currently estimated at $639,539. This property was built in 1920. 932 Dewey Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer High School.

Last Agent to Sell the Property

John Arndt

Cornerstone Real Estate License #6501309072 Listed on: 02/27/2019

Cornerstone Real Estate

Last Buyer's Agent

Scott Guyor

The Charles Reinhart Company License #6501326371

The Charles Reinhart Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,670

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33 x 112

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Burns Park Elementary School
  • Tappan Middle School
  • Pioneer High School

Community Details

  • Insurance Expense $11,658
  • Gross Income $39,000

Listing and Financial Details

  • Tenant pays for electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,670

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 33 x 112
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R4C
  • General Property Info:Total _pound_ Units: 1
  • Substructure:Full: Yes
  • Substructure:Slab: Yes
  • General Property Info Elementary School2: Burns Park Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Tappan Middle School
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 399000.0

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Schools

  • Elementary School: Burns Park Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Tappan Middle School

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 33 x 112
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: R4C

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 39000.0
  • Insurance Expense: 11658.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 6670.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
May 22, 2019
Sold by
Franklin David J and Franklin Franklyn David
Bought by
Matanaka Capital Llc
Seller's Agent
John Arndt
Cornerstone Real Estate
Buyer's Agent
Scott Guyor
The Charles Reinhart Company
List Price
$460,000
Sold Price
$383,425
Premium/Discount to List
-$76,575
-16.65%
Current Estimated Value
$621,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,506
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Sep 18, 2015
Sold by
Franklin David J and Franklin Brigitte Koegler
Bought by
Franklin David J and Franklin Franklyn David

Purchase Details

Closed on
Sep 20, 1995
Sold by
Dolan J C
Bought by
Franklin David J and Koegler Brigette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
7.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Matanaka Capital Llc $383,425 Barristers Setmnt & Ttl Agcy
Franklin David J -- None Available
Franklin David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin David J $83,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2019 05/29/19 Sold $383,425 -16.6% --
05/29/2019 05/29/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $460,000 -- --
Source: MichRIC

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 $9,508 $195,000 $0 $0
2024 $9,248 $180,000 $0 $0
2023 $8,539 $163,500 $0 $0
2022 $12,259 $184,700 $0 $0
2021 $12,620 $192,200 $0 $0
2020 $12,415 $186,800 $0 $0
2019 $6,798 $186,900 $186,900 $0
2018 $6,670 $178,700 $0 $0
2017 $6,434 $154,500 $0 $0
2016 $6,269 $101,325 $0 $0
2015 $6,012 $101,022 $0 $0
2014 $6,012 $97,867 $0 $0
2013 -- $97,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Arndt

    Seller's Agent in 2019

    John Arndt

    Cornerstone Real Estate

    (734) 476-1306

    9 Total Sales

    John Arndt
    Section Image
  • Scott Guyor

    Buyer's Agent in 2019

    Scott Guyor

    The Charles Reinhart Company

    (734) 904-1900

    2 in this area

    189 Total Sales

    Scott Guyor
    Section Image
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Map

Source: MichRIC

MLS Number: 23091774

MichRIC

APN: 09-33-214-012

Michigan Washtenaw County Ann Arbor 48104 Lower Burns Park

932 Dewey Ave, Ann Arbor, MI

Not Listed for Sale

MultiFamily

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