Sold
1221 Island Drive 202, Ann Arbor, MI 48105
Sold on 07/28/2023 for$300,000
MLS # 23129360 (Michigan Regional Information Center (MichRIC))
2 beds1 bath871 sqftBuilt 19640.03 acres
1 / 51
Listing Description
Superbly located a short walk from UM Medical Center and Kellogg Eye Center, a short walk to Campus and Downtown. Second floor unit with a nice yard view and balcony. Wood floor throughout, new kitchen & bath in 2020 with granite countertops. Huge closets. Nicely landscaped community, across the road from beautiful Island Park and the Huron River. One carport space is deeded to the property.
Source: SparkMLS
About this home
2-bedroom, 1-bath, 871 sq ft home in Lower Town in Ann Arbor built in 1964.
Final sale price: $300,000 (about $344/sq ft).
Annual property taxes run approximately $4,831 ($403/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
Lot Size0.03 acres
Year Built1964
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
ConstructionBrick
Garage1 space
HeatingHot Water
WaterPublic
SewerPublic
UtilitiesCable Connected, Storm Sewer
Sale & Financing
Listed5/29/2023
Sold Date7/27/2023
Terms AcceptedCash, Conventional
HOA
HOA Fee$268 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$4,831
Tax Year2023
Assessed Value$99,726
Parcel #090921401122
Source: SparkMLS
Legal Description
UNIT 116 BLDG 9 RIVER HOUSE CONDOMINIUM
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Brian Tomsic
University Realty Associates
Frequently Asked Questions about 1221 Island Drive 202, Ann Arbor, MI 48105
What school district is 1221 Island Drive 202, Ann Arbor, MI 48105 in?
Per MLS# 23129360, 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# 23129360, 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# 23129360, the most recent reported annual property tax for 1221 Island Drive 202, Ann Arbor, MI 48105 is $4,831 (2023). 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 1221 Island Drive 202, Ann Arbor, MI 48105 eligible for USDA financing?
Per USDA Rural Development boundary data, 1221 Island Drive 202, 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.
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$2,207
Principal & interest$1,939
HOA$268
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
1221 Island Drive 202, Ann Arbor, MI 48105
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Municipality
Lower Town
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County
Washtenaw County
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