Sold
3123 Lakewood Drive, Ann Arbor, MI 48103
Sold on 10/25/2023 for$450,000
MLS # 23127748 (Michigan Regional Information Center (MichRIC))
5 beds4 baths2,387 sqftBuilt 19590.22 acres
1 / 38
Listing Description
Popular Lakewood Sub! One of the first subdivisions in Ann Arbor with an elementary school within walking distance. The original owners from the time was built in 1959. Over the years, the house was remodeled to meet the needs of the growing family. A primary bedroom was added in the space over the garage with private bath. When a first floor bedroom was needed, the family added on, complete with an accessible private bath and first floor laundry. Hardwood floors in original bedrooms, living, dining rooms and kitchen. This house is just waiting for the new owner to add their own touches., Primary Bath, Rec Room: Partially Finished, Rec Room: Finished
Source: SparkMLS
About this home
Located in Lakewood in Ann Arbor, this property offers 5-bedroom, 4-bath, 2,387 sq ft, with original construction dating to 1959.
Final sale price: $450,000 (about $189/sq ft).
Property tax estimate: $7,484 per year ($624/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms4
Living Area2,387 sqft
Lot Size0.22 acres
Year Built1959
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleColonial
ConstructionBrick
BasementFull, Slab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesCable Connected, Storm Sewer
InteriorCeiling Fan(s), Garage Door Opener, Eat-in Kitchen
Sale & Financing
Listed8/29/2023
Sold Date10/24/2023
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,484
Tax Year2023
Assessed Value$144,262
Parcel #09-08-25-212-019
Source: SparkMLS
Legal Description
LOT 176 LAKEWOOD SUB
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Susan Snyder
The Charles Reinhart Company
Frequently Asked Questions about 3123 Lakewood Drive, Ann Arbor, MI 48103
Which school district serves 3123 Lakewood Drive, Ann Arbor, MI 48103?
Per MLS# 23127748, 3123 Lakewood Drive, Ann Arbor, MI 48103 is in the Ann Arbor Public Schools boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ann Arbor Public Schools directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 23127748, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 3123 Lakewood Drive, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $7,484 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 3123 Lakewood Drive, Ann Arbor, MI 48103 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 utilities serve 3123 Lakewood Drive, Ann Arbor, MI 48103?
Per Michigan Public Service Commission service territory data: 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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Principal & interest$2,919
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Property
3123 Lakewood Drive, Ann Arbor, MI 48103
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Neighborhood
Lakewood
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Community
Ann Arbor
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County
Washtenaw County
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