For Sale
1229 Island Drive, 204, Ann Arbor, MI 48105
$312,000
MLS # 20261020164 (Realcomp)
2 beds1 bath871 sqftBuilt 19640 acres
1 / 20
Listing Description
SELLER OFFERING $5K CONCESSION FOR WASHER DRYER INSTALL. Fully Renovated 2nd-Floor Riverhouse Condo with Pool Views! 2-bed, 1-bath condo on the desirable second floor overlooking the swimming pool and common area. This turnkey home features hardwood floors throughout, a spacious living area with recessed lighting and ceiling fans, a modern fully remodeled and reconfigured kitchen that relocated the Range away from the Refrigerator, new granite countertops and new GE Slate appliances, dining room with custom built-in buffet with granite top and beverage center. The primary bathroom offers dual quartz vanities and a tub/shower combo. Enjoy your private balcony with pool views.Recent updates include a new AC (2023) and Pella windows/door-wall (2018). In-unit laundry hookups have just been approved by the HOA. Prime location directly across from AA Island Park on the Huron River. Just a 10-minute walk to University Hospital and UMich Medical School, with bus stops at the corner. Ample free parking, plus community bike/kayak storage and lockers. Strong rental demand. Truly move-in ready and ideally located for medical professionals, faculty, or investors! Owner has never rented the unit (10yrs). Both kids used it while attending school. Very clean, nothing needed move in ready!
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.
Listed at $312,000 (about $358/sq ft).
Estimated annual property tax: $5,580, or about $465 monthly. 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
HeatingBaseboard, Hot Water
WaterPublic
SewerPublic
Sale & Financing
Listed3/28/2026
Original Price$319,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$319 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water, Other
Source: SparkMLS
Tax Information
Annual Tax$5,580
Parcel #090921401112
Source: SparkMLS
Legal Description
UNIT 106, BLDG 8 RIVER HOUSE CONDOMINIUM
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tim Gilleylen
RE/MAX Platinum
Frequently Asked Questions about 1229 Island Drive, 204, Ann Arbor, MI 48105
Which school district serves 1229 Island Drive, 204, Ann Arbor, MI 48105?
Per MLS# 20261020164, 1229 Island Drive, 204, 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 1229 Island Drive, 204, Ann Arbor, MI 48105?
Per MLS# 20261020164, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1229 Island Drive, 204, Ann Arbor, MI 48105?
Per public tax records, annual property taxes for this property are $5,580. 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, 1229 Island Drive, 204, 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 1229 Island Drive, 204, Ann Arbor, MI 48105 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 1229 Island Drive, 204, 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.
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Monthly payment$2,343
Principal & interest$2,024
HOA$319
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
1229 Island Drive, 204, Ann Arbor, MI 48105
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Neighborhood
River House Condos
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Community
Ann Arbor
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County
Washtenaw County
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