Sold
500 Little Lake Drive 32, Ann Arbor, MI 48103
Sold on 08/19/2025 for$330,000
MLS # 25062998 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,150 sqftBuilt 20030.01 acres
1 / 7
Listing Description
ENTERED FOR COMP PURPOSES ONLY. Townhouse style condo in Great Oak Cohousing. Main level with kitchen/dining, living room, powder room, and access to private back deck and yard. Second floor with two large bedrooms and one full bath. Unfinished basement with large, double egress window and laundry area. No garage, but his condo comes with a reserved parking space directly adjacent the backyard. Great Oak is an intentional, collaborative community where residents enjoy private home ownership but also actively participate in the operation of their own neighborhood. Lots of community perks! 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 2-bedroom, 2-bath, 1,150 sq ft, with original construction dating to 2003.
This home sold for $330,000 (about $287/sq ft).
Annual property taxes run approximately $2,854 ($238/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 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,150 sqft
Lot Size0.01 acres
Year Built2003
Stories2
Location
CityAnn Arbor
MunicipalityScio Twp
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
ConstructionHardiPlank Type
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed12/30/2025
Sold Date8/18/2025
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Concessions$7,000
Source: SparkMLS
Tax Information
Annual Tax$2,854
Tax Year2025
Assessed Value$75,947
Parcel #H-08-26-240-032
Source: SparkMLS
Legal Description
UNIT 32, 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 32, Ann Arbor, MI 48103
What school district is 500 Little Lake Drive 32, Ann Arbor, MI 48103 in?
Per MLS# 25062998, 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 500 Little Lake Drive 32, Ann Arbor, MI 48103?
Per MLS# 25062998, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, MSHDA, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 25062998, the most recent reported annual property tax for 500 Little Lake Drive 32, Ann Arbor, MI 48103 is $2,854 (2025). 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 500 Little Lake Drive 32, Ann Arbor, MI 48103 eligible for USDA financing?
Per USDA Rural Development boundary data, 500 Little Lake Drive 32, 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, 500 Little Lake Drive 32, Ann Arbor, MI 48103 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.
Is fiber internet available at 500 Little Lake Drive 32, 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. 8 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.
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Mortgage Calculator
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Monthly payment$2,140
Principal & interest$2,140
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 32, 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
View county overview →
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