Sold
1245 Island Drive 204, Ann Arbor, MI 48105
Sold on 07/01/2024 for$302,000
MLS # 24017967 (Michigan Regional Information Center (MichRIC))
2 beds1 bath871 sqftBuilt 19640 acres
1 / 66
Listing Description
Premium light-filled 2nd floor end unit faces south & east. Lovely views of picturesque park-like commons from a covered private balcony. One deeded carport #69. Beautiful hardwood floors in bedrooms, living room & formal dining room. Stylish kitchen upgrades: Quartz counters, built-in microwave (new in 2020) & Stainless steel Dishwasher (new 1/2023). New gas range/oven to be installed prior to closing. This unit uniquely has an in-unit Bosch Washer & Dryer. (most units need to use a common laundry room - one for each building). Full bath has newer Maple vanity plus 2nd vanity w/sink, newer light fixtures, large linen closet with bi-fold doors and new tub/shower unit. NEW A/C in Aug 2023 has one year warranty to 8/23/2024.
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.
Final sale price: $302,000 (about $347/sq ft).
Annual property taxes run approximately $4,846 ($404/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Tour
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 Public Schools
Construction & Systems
StyleRanch
ConstructionBrick
BasementSlab
HeatingBaseboard, Forced Air, Hot Water
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected, High-Speed Internet
Sale & Financing
Listed4/18/2024
Sold Date6/30/2024
Terms AcceptedCash, Conventional
HOA
HOA Fee$278 / Monthly
IncludesOther, Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Source: SparkMLS
Tax Information
Annual Tax$4,846
Tax Year2024
Assessed Value$75,574
Parcel #09-09-21-401-088
Source: SparkMLS
Legal Description
UNIT 82 BLDG 7 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 Glenda Gerbstadt
Coldwell Banker Realty
Frequently Asked Questions about 1245 Island Drive 204, Ann Arbor, MI 48105
What school district is 1245 Island Drive 204, Ann Arbor, MI 48105 in?
Per MLS# 24017967, 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# 24017967, 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# 24017967, the most recent reported annual property tax for 1245 Island Drive 204, Ann Arbor, MI 48105 is $4,846 (2024). 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 204, Ann Arbor, MI 48105 eligible for USDA financing?
Per USDA Rural Development boundary data, 1245 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1245 Island Drive 204, 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.
Is fiber internet available at 1245 Island Drive 204, Ann Arbor, MI 48105?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
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.
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Mortgage Calculator
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Monthly payment$2,191
Principal & interest$1,913
HOA$278
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1245 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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