Sold
1261 Island Drive Drive 103, Ann Arbor, MI 48105
Sold on 04/10/2026 for$201,000
MLS # 26011410 (Michigan Regional Information Center (MichRIC))
0 beds1 bath458 sqftBuilt 1964
1 / 56
Listing Description
Welcome to this charming, well-maintained, move-in-ready studio ideally located near the University of Michigan hospital. A sun-filled oversized patio door brings in abundant natural light, complementing the beautiful hardwood floors throughout. This thoughtfully updated unit features a newer kitchen, updated bathroom with bathtub, modern closet system, A/C, fresh interior paint, stainless steel appliances, sleek ceiling finishes, and recessed lighting. A space-saving Murphy bed enhances functionality and flexibility. Enjoy easy, walkable access to the UM campus, hospital, parks, and the scenic Huron River, along with nearby dining, shopping, and everyday conveniences. This listing is for a dwelling type that is not under the purview of the HERD Ordinance.
Source: SparkMLS
About this home
This 1-bath, 458 sq ft home built in 1964 sits in River House Condos in Ann Arbor.
This home sold for $201,000 (about $439/sq ft).
Estimated annual property tax: $2,643, or about $220 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
Bedrooms0
Bathrooms1
Living Area458 sqft
Year Built1964
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
ConstructionBrick
BasementSlab
HeatingHeat Pump
WaterPublic
SewerPublic
Sale & Financing
Listed3/23/2026
Sold Date4/9/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$178 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Source: SparkMLS
Tax Information
Annual Tax$2,643
Tax Year2025
Assessed Value$51,026
Parcel #09-09-21-401-055
Source: SparkMLS
Legal Description
UNIT 49 BLDG 4 RIVER HOUSE CONDOMINIUM
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Judie Wu
The Charles Reinhart Company
Frequently Asked Questions about 1261 Island Drive Drive 103, Ann Arbor, MI 48105
What school district is 1261 Island Drive Drive 103, Ann Arbor, MI 48105 in?
Per MLS# 26011410, this property is served by Ann Arbor. 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# 26011410, 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# 26011410, the most recent reported annual property tax for 1261 Island Drive Drive 103, Ann Arbor, MI 48105 is $2,643 (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 1261 Island Drive Drive 103, Ann Arbor, MI 48105 eligible for USDA financing?
Per USDA Rural Development boundary data, 1261 Island Drive Drive 103, 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, 1261 Island Drive Drive 103, Ann Arbor, MI 48105 is in flood zone AE (high risk). Flood insurance is required for federally-backed mortgages in this zone. 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.
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Mortgage Calculator
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Monthly payment$1,404
Principal & interest$1,226
HOA$178
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
1261 Island Drive Drive 103, 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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