NOT LISTED FOR SALE

721 S Forest Ave Ann Arbor, MI 48104

5 Beds
-- Bath
1,542 Sq Ft
1.19 Acres

About This Home

Brand new for Fall 2025. At VERVE, it's not just a place you rent, it's a place for you to live your best damn life. Which is why we do our homework, to make your home work for you. By connecting you with a roommate who fits your vibe. By setting up next-level wellness classes and social events. And by creating places for all headspaces, to help you energize, recharge or wind down. But it doesn’t stop there. You also have an on-site team like no other, who put in the hard work to make your student life easy. Who have got your back from the day you move in to the day you move on.

Take a tour with us: 340 S State St. Ann Arbor MI 48104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Verve Ann Arbor Forest Llc
Bought by
Ann Arbor Forest Ave Properties Kp6 Llc

Purchase Details

Closed on
Sep 15, 2022
Sold by
Ann Arbor 723 Forest Llc
Bought by
Verve Ann Arbor Forest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,900,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2005
Sold by
The Michael H Ward Trust
Bought by
Ann Arbor 723 Forest Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ann Arbor Forest Ave Properties Kp6 Llc -- First American Title
Verve Ann Arbor Forest Llc -- --
Ann Arbor 723 Forest Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Propertie Ann Arbor Forest Ave $93,950,000
Previous Owner Verve Ann Arbor Forest Llc $9,900,000
Previous Owner Ann Arbor 723 Forest Llc $8,000,000
Previous Owner Ann Arbor 723 Forest Llc $1,982,000
Previous Owner Ann Arbor 723 Forest Llc $5,400,000
Previous Owner Ann Arbor 723 Forest Llc $5,000,000
Previous Owner Ann Arbor 723 Forest Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Off Market $1,549 -- --
07/10/2025 07/10/25 Price Changed $1,549 +3.3% $2 / Sq Ft
05/19/2025 05/19/25 Price Changed $1,499 -8.9% $2 / Sq Ft
05/08/2025 05/08/25 Price Changed $1,645 +13.1% $2 / Sq Ft
03/24/2025 03/24/25 Price Changed $1,455 -6.1% $2 / Sq Ft
03/14/2025 03/14/25 For Rent $1,549 -- --

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 $395,610 $18,627,800 $0 $0
2024 $17,103 $317,500 $0 $0
2023 $306,808 $5,874,300 $0 $0
2022 $105,511 $4,352,800 $0 $0
2021 $102,263 $4,048,100 $0 $0
2020 $99,045 $3,673,700 $0 $0
2019 $94,474 $3,526,700 $3,526,700 $0
2018 $92,690 $3,209,600 $0 $0
2017 $89,417 $2,965,700 $0 $0
2016 $69,576 $1,408,110 $0 $0
2015 $83,549 $1,403,899 $0 $0
2014 $83,549 $1,360,031 $0 $0
2013 -- $1,360,031 $0 $0
Source: Public Records

Map

Michigan Washtenaw County Ann Arbor 48104

721 S Forest Ave, Ann Arbor, MI

This home is located at 721 S Forest Ave, Ann Arbor, MI 48104. 721 S Forest Ave is a home located in Washtenaw County with nearby schools including Burns Park Elementary School, Tappan Middle School, and Pioneer 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.

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