For Sale
1225 Island Drive 103, Ann Arbor, MI 48105
$293,000
MLS # 26026486 (Michigan Regional Information Center (MichRIC))
2 beds2 baths871 sqftBuilt 1964
1 / 17
Listing Description
River House Condo - Prime Location near the Huron River and the beautiful Island Park. This charming 2-bedroom, 1-bathroom ground level condo offers an unbeatable location, within walking distance to downtown Ann Arbor, the University of Michigan Hospital, central and north campus, Kellogg Eye Center and so much more. Bus stops are just a short walk down the road on Maiden Lane. The condo features two good sized bedrooms with ample closet space, a convenient split bathroom with dual sinks, large living space, dedicated dining space, laundry in the building, and steps away from the in-ground community pool. The monthly HOA fee includes heat, water, sewer, trash, recycling, lawn care, snow/ice removal, exterior maintenance and bike storage. The owner can apply for one free parking permit, and pay a fee for a second parking permit if needed.
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 871 sq ft home built in 1964 sits in River House Condos in Ann Arbor.
Currently offered at $293,000 (about $336/sq ft).
Annual property taxes run approximately $6,303 ($525/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 Area871 sqft
Year Built1964
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
StyleRanch
ConstructionBrick
BasementSlab
HeatingBaseboard, Hot Water
WaterPublic
SewerPublic
Sale & Financing
Listed6/1/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$321 / Monthly
IncludesOther, Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Source: SparkMLS
Tax Information
Annual Tax$6,303
Tax Year2025
Assessed Value$121,699
Parcel #09-09-21-401-103
Source: SparkMLS
Legal Description
UNIT 97, BLDG 8 RIVER HOUSE CONDOMINIUM
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kirk Glassel
The Charles Reinhart Company
Frequently Asked Questions about 1225 Island Drive 103, Ann Arbor, MI 48105
What school district is 1225 Island Drive 103, Ann Arbor, MI 48105 in?
Per MLS# 26026486, this property is served by Ann Arbor. 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# 26026486, 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# 26026486, the most recent reported annual property tax for 1225 Island Drive 103, Ann Arbor, MI 48105 is $6,303 (2025). 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 1225 Island Drive 103, Ann Arbor, MI 48105 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1225 Island Drive 103, Ann Arbor, MI 48105 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.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$2,221
Principal & interest$1,900
HOA$321
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
1225 Island Drive 103, 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 1225 Island Drive 103
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.