Sold
315 2nd Street 505, Ann Arbor, MI 48103
Sold on 12/03/2024 for$535,600
MLS # 24058600 (Michigan Regional Information Center (MichRIC))
1 bed1 bath807 sqftBuilt 20050 acres
1 / 52
Listing Description
One of a kind location Downtown Ann Arbor on the Top Floor of Liberty Lofts! Spectacular Views of the City and walking access to all of what Ann Arbor has to offer. This large one Bedroom End unit Condo is above the Trees of the City with Large rows of North and West facing windows. Great restaurants, bars, coffee shops, libraries, live music, shopping and the city center right out your door. On Site there is a heated garage, fitness center, designated extra locked storage, bike area, a mail center with package drop-off space. secure entrances, and an elevator. This is a Top Floor unit so private with no ceiling noise, fully updated with wood floors, stainless steel appliances, granite and an open floor plan. Open s to a large west facing balcony with panoramic views of the Trees and Cit
Source: SparkMLS
About this home
Located in Old West Side in Ann Arbor, this property offers 1-bedroom, 1-bath, 807 sq ft, with original construction dating to 2005.
Final sale price: $535,600 (about $664/sq ft).
Annual property taxes run approximately $12,250 ($1,021/month). 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 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms1
Living Area807 sqft
Year Built2005
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleContemporary
ConstructionBrick
BasementSlab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
InteriorBroadband, Elevator, Garage Door Opener, Center Island, Eat-in Kitchen
Sale & Financing
Listed11/7/2024
Sold Date12/2/2024
Terms AcceptedCash, Conventional
HOA
HOA Fee$550 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat, Cable/Satellite
Source: SparkMLS
Tax Information
Annual Tax$12,250
Tax Year2024
Assessed Value$231,635
Parcel #09-09-29-301-060
Source: SparkMLS
Legal Description
UNIT 57 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 John Ramirez
Real Estate One Inc
Frequently Asked Questions about 315 2nd Street 505, Ann Arbor, MI 48103
What school district is 315 2nd Street 505, Ann Arbor, MI 48103 in?
Per MLS# 24058600, 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.
What type of financing is accepted for this listing?
Per MLS# 24058600, 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# 24058600, the most recent reported annual property tax for 315 2nd Street 505, Ann Arbor, MI 48103 is $12,250 (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 315 2nd Street 505, Ann Arbor, MI 48103 eligible for USDA financing?
Per USDA Rural Development boundary data, 315 2nd Street 505, 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 is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 315 2nd Street 505, Ann Arbor, MI 48103 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.
Is this property in a historic district?
Per local historic district records, 315 2nd Street 505, Ann Arbor, MI 48103 is located within the Old West Side Historic District. Properties in locally-designated historic districts may require Historic District Commission (HDC) approval for exterior modifications. Contact the local HDC for current guidelines.
Is fiber internet available at 315 2nd Street 505, Ann Arbor, MI 48103?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 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.
Map
Mortgage Calculator
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Monthly payment$4,004
Principal & interest$3,454
HOA$550
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 505, Ann Arbor, MI 48103
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Municipality
Old West Side
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County
Washtenaw County
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