Sold
500 Little Lake Drive 21, Ann Arbor, MI 48103
Sold on 05/05/2025 for$510,000
MLS # 25025668 (Michigan Regional Information Center (MichRIC))
4 beds3 baths2,532 sqftBuilt 20030 acres
1 / 1
Listing Description
ENTERED FOR COMP PURPOSES ONLY: 4 bed/3.0 bath end-unit condo with solar power to offset utility costs. Largest floor plan in community. Well maintained. Remodeled kitchen (2021), walkout basement partially finished (2021), remodeled primary ensuite bath (2023). Great Oak is an intentional collaborative community where residents enjoy private home ownership but also actively participate in the operation of their own neighborhood. The common house provides kids' play room, media room, meeting/mediation space, guest room, workout space with hot tub, and a commercial kitchen and dining hall.
Source: SparkMLS
About this home
Located in Great Oak Cohousing in Ann Arbor, this property offers 4-bedroom, 3-bath, 2,532 sq ft, with original construction dating to 2003.
Closed at $510,000 (about $201/sq ft).
Property tax estimate: $7,587 per year ($632/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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms4
Bathrooms3
Living Area2,532 sqft
Year Built2003
Stories2
Location
CityAnn Arbor
MunicipalityScio Twp
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleContemporary
ConstructionWood Siding
BasementFull
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/1/2025
Sold Date5/4/2025
Terms AcceptedCash, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$7,587
Tax Year2024
Assessed Value$204,645
Parcel #23112605
Source: SparkMLS
Legal Description
UNIT 21, GREAT OAK COHOUSING, WASHTENAW COUNTY CONDO SUBDV PLAN NO. 392. PT NW 1/4 COR SEC 26. T2S-R5E.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Kirsten Row-Shafer
Real Estate One Inc
Frequently Asked Questions about 500 Little Lake Drive 21, Ann Arbor, MI 48103
Which school district serves 500 Little Lake Drive 21, Ann Arbor, MI 48103?
Per MLS# 25025668, 500 Little Lake Drive 21, 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# 25025668, this listing accepts Cash, VA Loan, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 500 Little Lake Drive 21, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $7,587 (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, 500 Little Lake Drive 21, 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 500 Little Lake Drive 21, Ann Arbor, MI 48103 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 500 Little Lake Drive 21, Ann Arbor, MI 48103. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 500 Little Lake Drive 21, 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$3,308
Principal & interest$3,308
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 SatelliteUnlicensed Fixed WirelessSatellite
8 providers at this address
AT&TFiber
5 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsT-MobileLicensed Fixed Wireless
25 MbpsFCC 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
500 Little Lake Drive 21, Ann Arbor, MI 48103
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Neighborhood
Great Oak Cohousing
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Community
Ann Arbor
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County
Washtenaw County
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