Sold
328 Thompson Street, Ann Arbor, MI 48104
Sold on 12/19/2022 for$970,000
MLS # 23112499 (Michigan Regional Information Center (MichRIC))
7 beds2 baths2,241 sqftBuilt 19010.06 acres
1 / 29
Listing Description
This wonderful spacious house is currently operated as a private office building but with some vision it could be transformed fairly easily back into a lovely single family urban oasis!! You will find gorgeous original woodwork throughout.It would be a fabulous place to work from home, and enough room for 2 plus huge private flex spaces. Well insulated and lots of natural light abound. All it really needs is a kitchen and a full bath or two. Located in the center of downtown so the possibilities are truly endless. Zoned D1. Two valuable parking spaces in back!! Skip the condo fees and convert this charmer back into its glory. Live/work/play in a fabulous investment. You'll be living the dream!
Source: SparkMLS
About this home
This 7-bedroom, 2-bath, 2,241 sq ft home built in 1901 sits in Downtown Ann Arbor in Ann Arbor.
Final sale price: $970,000 (about $433/sq ft).
Property tax estimate: $4,707 per year ($392/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 SubtypeSingle Family Residence
Bedrooms7
Bathrooms2
Living Area2,241 sqft
Lot Size0.06 acres
Year Built1901
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48104
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleColonial
ConstructionAluminum Siding, Wood Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected
Sale & Financing
Listed10/31/2022
Sold Date12/18/2022
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,707
Tax Year2022
Assessed Value$91,797
Parcel #09-09-29-402-003
Source: SparkMLS
Legal Description
N 34 FT OF E 70 FT LOT 10 B3S R7E ANN ARBOR LAND COMPANYS ADDITION
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Lisa Black
Savarino Properties Inc
Frequently Asked Questions about 328 Thompson Street, Ann Arbor, MI 48104
What school district is 328 Thompson Street, Ann Arbor, MI 48104 in?
Per MLS# 23112499, 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 financing options are available for 328 Thompson Street, Ann Arbor, MI 48104?
Per MLS# 23112499, 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# 23112499, the most recent reported annual property tax for 328 Thompson Street, Ann Arbor, MI 48104 is $4,707 (2022). 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 328 Thompson Street, Ann Arbor, MI 48104 eligible for USDA financing?
Per USDA Rural Development boundary data, 328 Thompson Street, Ann Arbor, MI 48104 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, 328 Thompson Street, Ann Arbor, MI 48104 is in flood zone X (minimal risk). 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.
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.
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Monthly payment$7,135
Principal & interest$7,135
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
328 Thompson Street, Ann Arbor, MI 48104
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Municipality
Downtown Ann Arbor
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County
Washtenaw County
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