Under Contract
1245 Heatherwood Lane, Ann Arbor, MI 48108
$293,000
MLS # 20261033193 (Realcomp)
2 beds2 baths1,400 sqftBuilt 1997
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Listing Description
Beautifully updated 2-bedroom, 2-bath condo with additional flex room ideal for office or guest space. Features new quartz countertops in kitchen and baths, fresh paint, updated lighting, in-unit laundry, and peaceful pond views. Spacious primary suite with private bath and dual closets. Major updates include larger A/C unit (2024), water heater (2023), and vent cleaning (2023). Community amenities include pool and walking paths. Prime Ann Arbor location near shopping, restaurants, parks, I-94, downtown, and UM Central Campus.
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,400 sq ft home in Heatherwood in Ann Arbor built in 1997.
Currently offered at $293,000 (about $209/sq ft).
Estimated annual property tax: $3,672, or about $306 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
Bathrooms2
Living Area1,400 sqft
Year Built1997
Stories1
Location
CityAnn Arbor
MunicipalityPittsfield Charter Twp
Zip Code48108
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
ConstructionVinyl Siding
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/14/2026
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$360 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$3,672
Parcel #L01208260094
Source: SparkMLS
Legal Description
M.D. L3502 P082 09/18/97 ****FROM 1208250013 UNIT 94 HEATHERWOOD 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 Jeff Kermath
Kermath Realty LLC
Frequently Asked Questions about 1245 Heatherwood Lane, Ann Arbor, MI 48108
Which school district serves 1245 Heatherwood Lane, Ann Arbor, MI 48108?
Per MLS# 20261033193, 1245 Heatherwood Lane, Ann Arbor, MI 48108 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 1245 Heatherwood Lane, Ann Arbor, MI 48108?
Per MLS# 20261033193, this listing accepts Cash, Conventional, FHA, VA Loan 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 1245 Heatherwood Lane, Ann Arbor, MI 48108?
Per public tax records, annual property taxes for this property are $3,672. 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, 1245 Heatherwood Lane, Ann Arbor, MI 48108 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 1245 Heatherwood Lane, Ann Arbor, MI 48108 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 1245 Heatherwood Lane, Ann Arbor, MI 48108?
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$2,260
Principal & interest$1,900
HOA$360
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
1245 Heatherwood Lane, Ann Arbor, MI 48108
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Neighborhood
Heatherwood
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Community
Ann Arbor
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County
Washtenaw County
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