Sold
315 2nd Street #406, Ann Arbor, MI 48103
Sold on 08/29/2025 for$500,000
MLS # 25006740 (Michigan Regional Information Center (MichRIC))
1 bed2 baths1,004 sqftBuilt 20050 acres
1 / 38
Listing Description
This is Ann Arbor city living at its best! This north-facing 4th floor condo at Liberty Lofts enjoys plenty of natural light without the direct glare, so you can savor having a wall of windows spanning the living room, kitchen, and bedroom. This unit features the Madison floorplan, with an open main living space offering an upgraded kitchen with granite counters, stainless-steel appliances, and a sleek breakfast bar that doubles as serving or work space. Next door is the combo living/dining room with access to a balcony with sweeping views of downtown Ann Arbor and the Old West Side. The bedroom enjoys the expanse of windows on one side and a generous walk-through closet/dressing area and a private full bathroom on the other. A half bath for guests, laundry closet, and bonus storage
Source: SparkMLS
About this home
This 1-bedroom, 2-bath, 1,004 sq ft home built in 2005 sits in Old West Side in Ann Arbor.
Final sale price: $500,000 (about $498/sq ft).
Estimated annual property tax: $11,682, or about $973 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.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms2
Living Area1,004 sqft
Year Built2005
Stories5
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleRanch
ConstructionBrick
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
InteriorCeiling Fan(s), Garage Door Opener
Sale & Financing
Listed4/27/2025
Sold Date8/28/2025
Original Price$519,900
Terms AcceptedCash, Conventional
Concessions$12,000
HOA
HOA Fee$467 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Source: SparkMLS
Tax Information
Annual Tax$11,682
Tax Year2024
Assessed Value$218,074
Parcel #09-09-29-301-046
Source: SparkMLS
Legal Description
UNIT 41 LIBERTY LOFTS CONDOMINIUM SPLIT ON 10/28/2005 FROM 09-09-29-301-001, 09-09-29-301-002; SPLIT ON 10/28/2005 FROM 09-09-29-301-005;
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLHistoric District: Old West Side Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Ann Arbor Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Aleksandr Milshteyn
Real Estate One Inc
Frequently Asked Questions about 315 2nd Street #406, Ann Arbor, MI 48103
Which school district serves 315 2nd Street #406, Ann Arbor, MI 48103?
Per MLS# 25006740, 315 2nd Street #406, 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# 25006740, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 315 2nd Street #406, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $11,682 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 315 2nd Street #406, 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 315 2nd Street #406, Ann Arbor, MI 48103 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. 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.
Is 315 2nd Street #406, Ann Arbor, MI 48103 in a historic district?
Per municipal ordinance records, this property is within the Old West Side Historic District. Exterior changes to properties in locally-designated historic districts typically require approval from the Historic District Commission. Verify current requirements with the local HDC.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 315 2nd Street #406, 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 315 2nd Street #406, 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.
Map
Mortgage Calculator
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Monthly payment$3,709
Principal & interest$3,242
HOA$467
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
315 2nd Street #406, Ann Arbor, MI 48103
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Municipality
Old West Side
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County
Washtenaw County
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