Seller's Agent in 2025
Chris Vessels
Metro Property Services
(734) 649-2409
3 in this area
23 Total Sales
943 Dewey Ave Ann Arbor, MI 48104
Yost Neighborhood
--
Bed
--
Bath
--
Sq Ft
2,614
Sq Ft Lot
Highlights
- Forced Air Heating and Cooling System
- Burns Park Elementary School Rated A
- High Speed Internet
About This Home
As of November 2025Priced to sell! We are proud to present 943 Dewey Ave, which is a brand new 3 Unit 12 Bedroom University of Michigan Student Rental property only available for sale as a package with the property next door at 1108 Packard. Priced for a quick sale at only a 11.5x GRM, this Property consists of 3 newly-renovated 4 Bedroom units, with stylish finishes, Stainless Steel Appliances, High Efficiency HVAC, Granite Countertops and High Efficiency Washer/Dryer. All Furnishings Included, and this package of amenities will ensure steady rental rate increases for your entire ownership of the property. Newly poured concrete parking area has space for 10-12 cars between the two properties, which allow for an additional $10-12k per year in future revenue. Steps from University of Michigan Athletic Campus. 943 Dewey has annual rental income of $170,400 for 2025-2026. Please contact me for more information or to schedule a showing. Will not last long
Last Agent to Sell the Property
Metro Property Services License #6501392137 Listed on: 08/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,815
Year Built
- Built in 1920
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 45x56
Home Design
- Composition Roof
- Vinyl Siding
Parking
- 10 Parking Spaces
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Additional Features
- Laundry in unit
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Tenant pays for electric, sewer, gas
- The owner pays for water
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $3,906
- Operating Expense $49,064
- Gross Income $170,400
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2025
Closed on
Nov 13, 2025
Sold by
943 Dewey Llc
Bought by
Kasipthay Divya
Seller's Agent
Chris Vessels
Metro Property Services
Buyer's Agent
Chris Vessels
Metro Property Services
List Price
$2,075,000
Sold Price
$1,750,000
Premium/Discount to List
-$325,000
-15.66%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.75%
Original Mortgage
$1,312,500
Outstanding Balance
$1,312,500
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$400,820
Purchase Details
Closed on
Nov 23, 2021
Sold by
Bell David S
Bought by
943 Dewey Llc
Purchase Details
Closed on
Aug 4, 2015
Sold by
Bell Arlen Dale and Bell Dale A
Bought by
Bell Arlen Dale and A Dale Bell Revocable Trust
Purchase Details
Closed on
Mar 13, 2012
Sold by
Bell A Dale and Bell David S
Bought by
Bell Arlen D and Bell David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,016
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2007
Sold by
Bell A Dale and Bell Beverly J
Bought by
Bell Properties Washtenaw Llc
Purchase Details
Closed on
Sep 7, 2000
Sold by
Bell A Dale
Bought by
Bell A Dale
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,750,000 | Devon Title | |
| Warranty Deed | $425,000 | Liberty Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First Title & Escrow Inc | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,312,500 | New Conventional | |
| Previous Owner | $153,016 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | Sold | $1,750,000 | -10.7% | -- |
| 10/13/2025 10/13/25 | Pending | -- | -- | -- |
| 09/03/2025 09/03/25 | Price Changed | $1,960,000 | -5.5% | -- |
| 08/26/2025 08/26/25 | For Sale | $2,075,000 | -- | -- |
Source: MichRIC
Tax History Compared to Growth
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 | $21,700 | $411,400 | $0 | $0 |
| 2024 | $21,106 | $391,800 | $0 | $0 |
| 2023 | $3,748 | $69,500 | $0 | $0 |
| 2022 | $12,772 | $189,600 | $0 | $0 |
| 2021 | $9,626 | $194,700 | $0 | $0 |
| 2020 | $7,537 | $188,700 | $0 | $0 |
| 2019 | $7,189 | $188,900 | $188,900 | $0 |
| 2018 | $8,422 | $179,000 | $0 | $0 |
| 2017 | $6,805 | $157,700 | $0 | $0 |
| 2016 | $6,630 | $107,159 | $0 | $0 |
| 2015 | $6,358 | $106,839 | $0 | $0 |
| 2014 | $6,358 | $103,501 | $0 | $0 |
| 2013 | -- | $103,501 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Vessels
Map
Source: MichRIC
MLS Number: 25043368
APN: 09-33-215-020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2025 MichRIC, LLC. All rights reserved.
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