Sold
314 GRALAKE Avenue, Ann Arbor, MI 48103
Sold on 12/02/2024 for$365,000
MLS # 20240075165 (Realcomp)
3 beds1 bath1,512 sqftBuilt 19570.22 acres
1 / 31
Listing Description
Offer in hand. Highest and best must be received by Noon 10/23/24.Super cute ranch in the Lakewood Elementary neighborhood. Original hardwood floors through out!3 Bedrooms and 1 Bath. Stainless steel appliances. Large fenced in backyard features mature trees and a new patio with propane fire pit for entertaining. Walking distance to Lakewood Elementary, the Sisters Lakes and Dolph Park, Weber's, Zingerman's Roadhouse, Seva, and Kroger. Most of the basement is finished! Washer 2020, Hot water heater 2023, Range 2021, Garage door 2023, Patio and landscaping 2020, most windows 2024 with transferable warranty. Easy access to freeways, shopping and you can Door Dash practically anything!HERD energy report in Docs
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,512 sq ft home built in 1957 sits in Lakewood in Ann Arbor.
Closed at $365,000 (about $241/sq ft).
Estimated annual property tax: $7,200, or about $600 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,512 sqft
Lot Size0.22 acres
Year Built1957
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
ConstructionVinyl Siding
BasementPartial
Garage1.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Partially Finished
Sale & Financing
Listed10/10/2024
Sold Date12/1/2024
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$7,200
Parcel #090825209005
Source: SparkMLS
Legal Description
LOT 104 LAKEWOOD SUB
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Stacy A Hewitt
3DX Real Estate-Brighton
Frequently Asked Questions about 314 GRALAKE Avenue, Ann Arbor, MI 48103
Which school district serves 314 GRALAKE Avenue, Ann Arbor, MI 48103?
Per MLS# 20240075165, 314 GRALAKE Avenue, 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# 20240075165, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 314 GRALAKE Avenue, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $7,200. 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, 314 GRALAKE Avenue, 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.
Is 314 GRALAKE Avenue, Ann Arbor, MI 48103 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 314 GRALAKE Avenue, Ann Arbor, MI 48103. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 314 GRALAKE Avenue, Ann Arbor, MI 48103?
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.
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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Monthly payment$2,367
Principal & interest$2,367
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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
314 GRALAKE Avenue, 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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