Sold
315 Second Street 216, Ann Arbor, MI 48103
Sold on 06/12/2026 for$523,500
MLS # 26022192 (Michigan Regional Information Center (MichRIC))
1 bed2 baths906 sqftBuilt 20050 acres
1 / 46
Listing Description
MOTIVATED SELLER WITH A $25K PRICE REDUCTION. Liberty Lofts industrial loft-style condominium built in 2005 and thoughtfully reimagined by Hobbs + Black Architects. This 906-square-foot unit features one bedroom, one full bath, and one-half bath. Inside, you'll find soaring ceilings, laminate flooring throughout, granite countertops, a center kitchen island, in-unit stackable washer and dryer, stainless steel appliances, a gas range, exposed ductwork, and expansive industrial-style windows that fill the space with natural light. The true showstopper is the incredible 700-square-foot west-facing private deck -- an exceptional outdoor living space perfect for entertaining, hosting gatherings, or simply relaxing and enjoying the city atmosphere. HOA amenities include secure entry, storage locker, fitness room, garage parking for one vehicle, water, sewer, and trash. Current taxes are NON-HOMESTEAD status. Refer to https://treas-secure.state.mi.us/ptestimator to estimate PRE taxes
Source: SparkMLS
About this home
This 1-bedroom, 2-bath, 906 sq ft home built in 2005 sits in Old West Side Ann Arbor in Ann Arbor.
Closed at $523,500 (about $578/sq ft).
Property tax estimate: $19,194 per year ($1,599/month). 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.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms1
Bathrooms2
Living Area906 sqft
Year Built2005
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
StyleRanch
ConstructionBrick
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected, Storm Sewer
InteriorElevator, Garage Door Opener, Center Island, Eat-in Kitchen
Sale & Financing
Listed5/13/2026
Sold Date6/11/2026
Original Price$550,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$608 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Source: SparkMLS
Tax Information
Annual Tax$19,194
Tax Year2026
Assessed Value$284,392
Parcel #09-09-29-301-022
Source: SparkMLS
Legal Description
UNIT 17 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: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Aleksandr Milshteyn
Real Estate One Inc
Frequently Asked Questions about 315 Second Street 216, Ann Arbor, MI 48103
Which school district serves 315 Second Street 216, Ann Arbor, MI 48103?
Per MLS# 26022192, 315 Second Street 216, Ann Arbor, MI 48103 is in the Ann Arbor boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ann Arbor directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26022192, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 315 Second Street 216, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $19,194 (2026). 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 Second Street 216, Ann Arbor, MI 48103 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 315 Second Street 216, 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 Second Street 216, 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 utilities serve 315 Second Street 216, 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$4,013
Principal & interest$3,405
HOA$608
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
315 Second Street 216, Ann Arbor, MI 48103
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Municipality
Old West Side Ann Arbor
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County
Washtenaw County
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