Sold
111 N Ashley Street 509, Ann Arbor, MI 48104
Sold on 04/18/2023 for$555,000
MLS # 54869 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,078 sqftBuilt 20070 acres
1 / 49
Listing Description
Beautiful, sunny, END UNIT condo on the 5th floor overlooking downtown Ann Arbor with 2 bedrooms and 2 full baths. This unit had $30,000 in upgrades including granite with rounded edges in kitchen, upgraded maple cabinets, SS appliances, upgraded door handles, walk-in shower that is handicapped wide in primary suite, ceiling fans, window treatments and additional outlets throughout the condo. Furnace was replaced in 2018. New grey wool carpeting in family room and bedrooms. Custom window treatments throughout. Open floor plan. Condo comes with an elevator and 1 parking space (#30) in heated, secured garage. Storage locker in basement plus bike rack. Association fee is $379/month and includes water. Very low electrical expenses. A short walk to Kerrytown Farmer's Market, retaurants
Source: SparkMLS
About this home
Located in Ashley Terrace Condos in Ann Arbor, this property offers 2-bedroom, 2-bath, 1,078 sq ft, with original construction dating to 2007.
Closed at $555,000 (about $515/sq ft).
Annual property taxes run approximately $9,889 ($824/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,078 sqft
Year Built2007
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48104
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleRanch
ConstructionBrick
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected, Storm Sewer
InteriorCeiling Fan(s), Elevator, Eat-in Kitchen
Sale & Financing
Listed2/7/2023
Sold Date4/17/2023
Original Price$575,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$379 / Monthly
IncludesWater, Trash, Snow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$9,889
Tax Year2022
Assessed Value$196,129
Parcel #09-09-29-148-042
Source: SparkMLS
Legal Description
UNIT 32 ASHLEY TERRACE CONDOMINIUM SPLIT ON 09/13/2006 FROM 09-29-148-010 SPLIT ON 06/13/2006 FROM 0
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lisa Ridha
The Charles Reinhart Company
Frequently Asked Questions about 111 N Ashley Street 509, Ann Arbor, MI 48104
What school district is 111 N Ashley Street 509, Ann Arbor, MI 48104 in?
Per MLS# 54869, this property is served by Ann Arbor Public Schools. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 54869, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 54869, the most recent reported annual property tax for 111 N Ashley Street 509, Ann Arbor, MI 48104 is $9,889 (2022). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 111 N Ashley Street 509, Ann Arbor, MI 48104 eligible for USDA financing?
Per USDA Rural Development boundary data, 111 N Ashley Street 509, Ann Arbor, MI 48104 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 111 N Ashley Street 509, Ann Arbor, MI 48104 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$3,946
Principal & interest$3,567
HOA$379
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
111 N Ashley Street 509, Ann Arbor, MI 48104
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Neighborhood
Ashley Terrace Condos
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Community
Ann Arbor
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County
Washtenaw County
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