Condos
Heritage Ridge CondosAnn Arbor, Michigan
Heritage Ridge Condos is a condominium community in Ann Arbor, located in the Ann Arbor, Michigan area of Washtenaw County. The housing stock consists primarily of condominium properties built between 1986 and 2012. The average home is 3,194 square feet with 3 bedrooms. Based on sales over the past 12 months, the median sale price in Heritage Ridge Condos is $762,500, with closed prices ranging from $725,000 to $800,000. That works out to a median of $266 per square foot. The Heritage Ridge Condos real estate market currently has 2 active listings, with asking prices from $640,000 to $749,000. Sales activity in Heritage Ridge Condos is limited, with 2 homes closing in the past 12 months. Those sales averaged 20 days on market.
Residential Overview
2Active Listings
$762,500Median Sale Price (past 12mo)
20daysAvg Days on Market
$266Price per Sqft
2Sold (past 12mo)
12moBuyer's Market
1988Avg Year Built
3,194 sqftAvg Size
3.2Avg Beds
3.2Avg Baths
100%Garage
$625/moHOA Fee
Homes for Sale(2)
Market Analytics
Recently Sold Residential (13)
| Address | Sold Price | |
|---|---|---|
| 531 Heritage Drive, Ann Arbor, MI 48105 | $800,000 | Jun 16, 2026 |
| 502 Heritage Drive, Ann Arbor, MI 48105 | $725,000 | Mar 25, 2026 |
| 531 Heritage Drive, Ann Arbor, MI 48105 | $555,000 | Mar 11, 2025 |
| 507 Heritage Drive, Ann Arbor, MI 48105 | $571,000 | Oct 9, 2024 |
| 515 Heritage Drive, Ann Arbor, MI 48105 | $495,000 | Jun 26, 2024 |
| 507 Heritage Drive, Ann Arbor, MI 48105 | $410,000 | Oct 19, 2020 |
| 558 Heritage Drive, Ann Arbor, MI 48105 | $440,000 | Jan 8, 2020 |
| 500 Huron Parkway, Ann Arbor, MI 48105 | $1,295,000 | Aug 1, 2018 |
| 523 Heritage Drive, Ann Arbor, MI 48105 | $427,500 | May 29, 2015 |
| 539 Heritage, Ann Arbor, MI 48105 | $387,500 | Aug 4, 2014 |
| 550 Heritage Drive, Ann Arbor, MI 48105 | $490,000 | Oct 18, 2013 |
| 502 Heritage, Ann Arbor, MI 48105 | $430,000 | Dec 9, 2009 |
| 507 Heritage Drive, Ann Arbor, MI 48105 | $368,000 | Oct 29, 2008 |
Property Records
Parts of Heritage Ridge Condos are classified by FEMA as AE — 100-year floodplain. Flood insurance is required for federally backed mortgages in this zone. Flood zone boundaries are subject to change by FEMA map revision. Verify current status at FEMA Map Service Center before making purchasing decisions. Homeowners in Heritage Ridge Condos pay a median of $11,439 per year in property taxes (2023). Properties carry a median assessed value of $210,428.
Source: FEMA National Flood Hazard Layer · Source: Ann Arbor tax records
Frequently Asked Questions about Heritage Ridge Condos
What is the median home price in Heritage Ridge Condos?
Based on 2 sales in the past year, homes in Heritage Ridge Condos have a median sale price of $762,500. Sale prices have ranged from $725,000 to $800,000. That works out to roughly $266 per square foot.
Are there homes available in Heritage Ridge Condos right now?
There are currently 2 active listings in Heritage Ridge Condos. Asking prices range from $640,000 to $749,000.
What is the housing stock like in Heritage Ridge Condos?
The housing stock in Heritage Ridge Condos is mainly condominium homes, with construction dates ranging from 1986 to 2012. The average home size is 3,194 square feet. Homes typically have 3 bedrooms.
What is the typical lot size in Heritage Ridge Condos?
Properties in Heritage Ridge Condos average 18,731 sqft of land.
How much are HOA dues in Heritage Ridge Condos?
Based on the 2 closed sales in Heritage Ridge Condos over the past 12 months reported through MLS, HOA fees in Heritage Ridge Condos run approximately $625 (monthly). Coverage may include shared maintenance, insurance, and community amenities — though what's actually included differs by unit and association. Always verify the current fees and inclusions with HOA management and the seller before making purchasing decisions.
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