NOT LISTED FOR SALE

993 Fountain St Ann Arbor, MI 48103

Water Hill Neighborhood

Estimated Value: $437,000 - $461,000

4 Beds
2 Baths
1,300 Sq Ft
$348/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $315,000 $242 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,125/month

9 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Bach Elementary School Rated A
  • 2 Car Attached Garage
  • 2-minute walk to Belize Park

About This Home

As of June 2020

Well maintained duplex, multi-family home, with 2 separate units. Each unit has a one car garage. Both units have separate basement/storage areas with washer and dryer hookup. Excellent location, renting out is never a problem. Great opportunity to live in one half and have the other half pay your mortgage. Both units have been occupied by tenants for 4+ years. Property is located just minutes from the U of M Hospital, University of Michigan - Central campus,with several restaurants and shopping within walking distance.Seller intends to perform a 1031 tax-deferred exchange pursuant to Section 1031 of the InternalRevenue Code. Buyer agrees to cooperate in such exchange at no cost orliability to Buyer.

Last Agent to Sell the Property

Lucile Andersen

eXp Realty, LLC Listed on: 03/05/2020

Last Buyer's Agent

Brian Brickley

Guenther Homes, Inc. License #6502126844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,276

Year Built

  • Built in 1968

Lot Details

  • 6,447 Sq Ft Lot
  • Private Entrance
  • Property is zoned R2A, R2A

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Partial Basement

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Bach Elementary School
  • Forsythe Middle School
  • Skyline High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,276

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1968
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1300.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4276.0
  • Tax Info:Zoning3: R2A
  • Heat Type:Forced Air: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Air Conditioning:Wall Unit(s): Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Slab: Yes
  • Additional Items:Window Treatments: Yes
  • Air Conditioning:Window Unit(s): Yes
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 1300.0
  • General Property Info Elementary School2: Bach Elementary School
  • General Property Info High School: Skyline High School
  • General Property Info Middle School2: Forsythe Middle School
  • General Property Info Garage YN: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Laminate
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial, Slab
  • LivingArea: 1300.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 1200.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 310000.0
  • Patio and Porch Features: Deck
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Bach Elementary School
  • High School: Skyline High School
  • Middle/Junior School: Forsythe Middle School

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6447.0
  • Zoning Description: R2A

Tax Info

  • Tax Annual Amount: 4276.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jun 26, 2020
Sold by
Gutchess Matthew D
Bought by
Dalkiran Evrim
Seller's Agent
Lucile Andersen
eXp Realty, LLC
Buyer's Agent
Brian Brickley
Guenther Homes, Inc.
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%
Current Estimated Value
$452,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,935
Avg. Annual Appreciation
7.12%
Source: Public Records

Range of Values:

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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
Dalkiran Evrim $325,000 State Street Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $315,000 +1.6% $242 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $310,000 -- $238 / 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 $8,572 $206,100 $0 $0
2024 $7,541 $183,500 $0 $0
2023 $8,572 $172,500 $0 $0
2022 $8,036 $137,100 $0 $0
2021 $9,623 $163,200 $0 $0
2020 $4,268 $155,700 $0 $0
2019 $4,309 $133,200 $133,200 $0
2018 $4,228 $128,000 $0 $0
2017 $4,079 $114,200 $0 $0
2016 $3,974 $64,233 $0 $0
2015 $3,811 $64,041 $0 $0
2014 $3,811 $62,041 $0 $0
2013 -- $62,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lucile Andersen

    eXp Realty, LLC

  • Brian Brickley

    Buyer's Agent in 2020

    Brian Brickley

    Guenther Homes, Inc.

    (734) 260-2119

    62 Total Sales

    Brian Brickley
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23086964

Southwestern Michigan Association of REALTORS®

APN: 09-20-302-013

Michigan Washtenaw County Ann Arbor 48103 Water Hill

993 Fountain St, Ann Arbor, MI

This home is located at 993 Fountain St, Ann Arbor, MI 48103 since 05 March 2020 and is currently estimated at $452,935, approximately $348 per square foot. This property was built in 1968. 993 Fountain St is a home located in Washtenaw County with nearby schools including Bach Elementary School, Slauson Middle School, and Skyline High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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