Sold
1531 Packard Street 2, Ann Arbor, MI 48104
Sold on 08/01/2025 for$207,000
MLS # 25023580 (Michigan Regional Information Center (MichRIC))
2 beds1 bath714 sqftBuilt 19660.17 acres
1 / 17
Listing Description
Investor opportunity to own a fully furnished 2 bedroom, 1 bath ground floor condo in the highly desirable Burns Park Condominiums leased through 7/31/26. Prime Location Near Downtown Ann Arbor & University of Michigan Central Campus. The condo features 2 spacious bedrooms, a full bath, a comfortable living room, a well equipped kitchen, and a dedicated eating area. It offers 714 sqft of living space and includes one designated parking spot, along with access to shared parking. Residents also have access to a common area laundry room, storage and bike rack. City bus stop is conveniently located out front of the building, with free rides available for UM students. Convenient housing in one of Ann Arbor's most sought after areas
Source: SparkMLS
About this home
2-bedroom, 1-bath, 714 sq ft home in Burns Park Condominiums in Ann Arbor built in 1966.
This home sold for $207,000 (about $290/sq ft).
Estimated annual property tax: $3,789, or about $316 monthly. 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 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area714 sqft
Lot Size0.17 acres
Year Built1966
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48104
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleRanch
ConstructionBrick, Vinyl Siding
BasementSlab
HeatingBaseboard, Forced Air
WaterPublic
SewerPublic
InteriorCeiling Fan(s)
Sale & Financing
Listed5/21/2025
Sold Date7/31/2025
Terms AcceptedCash
HOA
HOA Fee$312 / Monthly
IncludesOther, Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Source: SparkMLS
Tax Information
Annual Tax$3,789
Tax Year2024
Assessed Value$52,114
Parcel #09-09-33-308-011
Source: SparkMLS
Legal Description
APT 2 BURNS PARK CONDOMINIUM
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jessica Carter
Keller Williams Ann Arbor Mrkt
Frequently Asked Questions about 1531 Packard Street 2, Ann Arbor, MI 48104
What school district is 1531 Packard Street 2, Ann Arbor, MI 48104 in?
Per MLS# 25023580, 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# 25023580, 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# 25023580, the most recent reported annual property tax for 1531 Packard Street 2, Ann Arbor, MI 48104 is $3,789 (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 1531 Packard Street 2, Ann Arbor, MI 48104 eligible for USDA financing?
Per USDA Rural Development boundary data, 1531 Packard Street 2, Ann Arbor, MI 48104 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, 1531 Packard Street 2, Ann Arbor, MI 48104 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 1531 Packard Street 2, Ann Arbor, MI 48104?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 8 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$1,706
Principal & interest$1,394
HOA$312
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
8 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
1531 Packard Street 2, Ann Arbor, MI 48104
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Neighborhood
Burns Park Condominiums
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Community
Ann Arbor
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County
Washtenaw County
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