Sold
1201 Island Drive, 102, Ann Arbor, MI 48105
Sold on 04/07/2026 for$300,000
MLS # 20261012973 (Realcomp)
2 beds1 bath871 sqftBuilt 19640 acres
1 / 40
Listing Description
WHAT A UNIT, JUST ACROSS THE STREET FROM UM MEDICAL CENTER, THIS UNIT IS COMPLETELY UPDATED AND FRESHLY PAINTED READY TO MOVE IN. THE RIVER HOUSE CONDO HAS REFINSHED HARDWOOD FLOORS AND NEWER LIGHT FIXTURES. LARGE LIVING SPACE WITH A FORMAL DINING AREA. 2 GENEROUS SIZE BEDROOMS WITH AN UPDATED KITCHEN WITH GRANITE COUNTERTOPS. 1 ASSIGNED CAR-PORT WITH A SHARED WASHER AND DRYER AREA. ALSO A SHED FOR ADDITIONAL STORAGE AREA. LARGE FULL BATH WITH A PRIVATE VANITY SPACE. LARGE DOOR WALL TO BACK YARD BARBECUE. EASY SHOW, ALL DATA APPROX. AGENT TO VERIFY ALL DATA.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 871 sq ft home built in 1964 sits in River House Condos in Ann Arbor.
Closed at $300,000 (about $344/sq ft).
Property tax estimate: $5,518 per year ($460/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
Bathrooms1
Living Area871 sqft
Year Built1964
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
ConstructionBrick
BasementSlab
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/1/2026
Sold Date4/6/2026
Terms AcceptedCash, Conventional, FHA
HOA
HOA Fee$330 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$5,518
Parcel #090921401013
Source: SparkMLS
Legal Description
UNIT 7 BLDG 1 RIVER HOUSE CONDOMINIUM
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Ali H Makled
RE/MAX Leading Edge
Frequently Asked Questions about 1201 Island Drive, 102, Ann Arbor, MI 48105
Which school district serves 1201 Island Drive, 102, Ann Arbor, MI 48105?
Per MLS# 20261012973, 1201 Island Drive, 102, Ann Arbor, MI 48105 is in the Ann Arbor boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ann Arbor directly to confirm enrollment eligibility.
What financing options are available for 1201 Island Drive, 102, Ann Arbor, MI 48105?
Per MLS# 20261012973, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1201 Island Drive, 102, Ann Arbor, MI 48105?
Per public tax records, annual property taxes for this property are $5,518. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1201 Island Drive, 102, Ann Arbor, MI 48105 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.
Is 1201 Island Drive, 102, Ann Arbor, MI 48105 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 1201 Island Drive, 102, Ann Arbor, MI 48105?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$2,210
Principal & interest$1,880
HOA$330
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
1201 Island Drive, 102, Ann Arbor, MI 48105
View full property history →
Neighborhood
River House Condos
View all listings →
Community
Ann Arbor
Explore neighborhoods →
County
Washtenaw County
View county overview →
Get email alerts for new listings near 1201 Island Drive
We'll notify you when something hits the market in River House Condos or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.