Sold
1245 Island Drive 201, Ann Arbor, MI 48105
Sold on 04/24/2023 for$290,501
MLS # 54959 (Michigan Regional Information Center (MichRIC))
2 beds1 bath868 sqftBuilt 19640 acres
1 / 22
Listing Description
Delightful, mid-century River House Condo across from the University Hospital & Med Center, Island Park on the River, & walking distance to Central Campus, Kerrytown, Downtown Ann Arbor & the Border to Border Trail! Terrific natural light & beautiful, refinished hardwood floors. Updated white kitchen cabinets, counter & tile backsplash with deep pantry, updated lighting. Bath has newly re-glazed tub, neutral tile, 2 sinks & huge linen closet. Newer AC unit, black-out blinds for day sleepers and more. Balcony overlooks trees & green space. DEEDED CARPORT #17 just steps from the building, located in rear of neighborhood. Association dues includes heat, water & cooking gas, plus lovely pool for summer relaxation. Shared laundry facility (pay per use) in lower level of building, Storage unit
Source: SparkMLS
About this home
Located in Lower Town in Ann Arbor, this property offers 2-bedroom, 1-bath, 868 sq ft, with original construction dating to 1964.
Final sale price: $290,501 (about $335/sq ft).
Annual property taxes run approximately $4,988 ($416/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 Area868 sqft
Year Built1964
Stories0
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleOther
ConstructionBrick
BasementCrawl Space
HeatingHot Water
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected
Sale & Financing
Listed4/6/2023
Sold Date4/23/2023
Terms AcceptedCash
HOA
HOA Fee$267 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Source: SparkMLS
Tax Information
Annual Tax$4,988
Tax Year2023
Assessed Value$99,611
Parcel #09-09-21-401-094
Source: SparkMLS
Legal Description
UNIT 88 BLDG 7 RIVER HOUSE CONDOMINIUM
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michal Porath
The Charles Reinhart Company
Frequently Asked Questions about 1245 Island Drive 201, Ann Arbor, MI 48105
What school district is 1245 Island Drive 201, Ann Arbor, MI 48105 in?
Per MLS# 54959, 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.
What type of financing is accepted for this listing?
Per MLS# 54959, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 54959, the most recent reported annual property tax for 1245 Island Drive 201, Ann Arbor, MI 48105 is $4,988 (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 1245 Island Drive 201, Ann Arbor, MI 48105 eligible for USDA financing?
Per USDA Rural Development boundary data, 1245 Island Drive 201, 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$1,986
Principal & interest$1,719
HOA$267
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 Island Drive 201, Ann Arbor, MI 48105
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Municipality
Lower Town
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County
Washtenaw County
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