Sold
414 W Summit Street, Ann Arbor, MI 48103
Sold on 10/27/2023 for$550,000
MLS # 23127930 (Michigan Regional Information Center (MichRIC))
3 beds3 baths2,500 sqftBuilt 19010.19 acres
1 / 9
Listing Description
Motivated Seller. Currently a rented premises with three 1 bd/1bth units available on large corner lot near quiet Water Hill neighborhood. On bus route. Fully leased through August 2024. Could be remodeled back to stunning single family home! To be sold in AS IS condition. *Please do not disturb tenants. 24 hour notice required for all showings. Agent required at all showings*BATVAI For information on individual Units and financials see listing #3298402
Source: SparkMLS
About this home
This 3-bedroom, 3-bath, 2,500 sq ft home built in 1901 sits in Water Hill in Ann Arbor.
Final sale price: $550,000 (about $220/sq ft).
Annual property taxes run approximately $12,823 ($1,069/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms3
Living Area2,500 sqft
Lot Size0.19 acres
Year Built1901
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleVictorian
ConstructionWood Siding
BasementMichigan Basement, Partial, Other
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesStorm Sewer
Sale & Financing
Listed9/22/2023
Sold Date10/26/2023
Original Price$649,999
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$12,823
Tax Year2023
Assessed Value$202,851
Parcel #09-09-20-300-001
Source: SparkMLS
Legal Description
W 1/2 OF LOT 7 EXC N 75 FT BLK 13 HISCOCKS ADDN (per tax record)
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Leslie Butler
N. K. Borton Real Estate
Frequently Asked Questions about 414 W Summit Street, Ann Arbor, MI 48103
Which school district serves 414 W Summit Street, Ann Arbor, MI 48103?
Per MLS# 23127930, 414 W Summit Street, 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.
What type of financing is accepted for this listing?
Per MLS# 23127930, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 414 W Summit Street, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $12,823 (2023). 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, 414 W Summit Street, 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 utilities serve 414 W Summit Street, Ann Arbor, MI 48103?
Per Michigan Public Service Commission service territory data: 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.
Mortgage Calculator
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Monthly payment$3,729
Principal & interest$3,729
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Property
414 W Summit Street, Ann Arbor, MI 48103
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Neighborhood
Water Hill
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Community
Ann Arbor
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County
Washtenaw County
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