Sold
501 Woodgrove Drive, Ann Arbor, MI 48103
Sold on 04/17/2026 for$476,300
MLS # 26009241 (Michigan Regional Information Center (MichRIC))
3 beds3 baths2,798 sqftBuilt 19900.05 acres
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Listing Description
*HIGHEST & BEST OFFERS DUE 3/16 @ 7pm*Rarely does an updated Parkwood ranch condo with finished walk-out LL and wooded privacy like this come on the market! Nestled on a corner lot, this well-maintained ranch condo is truly move-in ready. From the moment you enter, you're welcomed by cathedral ceilings & 3 skylights that fill the main living space with natural light. The home has been freshly painted & thoughtfully refreshed t/out, featuring hw floors, newer carpet, & updated lighting fixtures. The entry level offers comfortable one-floor living w/everything you need. The spacious primary suite is bright & inviting, w/ a large walk-in closet & an ensuite bath featuring dual sinks, a Jacuzzi tub, & a separate walk-in shower. Pocket doors connect the primary suite to an adjoining sitting room w/ a second fireplace-perfect for a den or office. The main level also includes a 2nd bedroom &full bath, a convenient and spacious laundry rm & mud rm, & an expansive open living & dining area.
Source: SparkMLS
About this home
Located in Parkwood Condos in Ann Arbor, this property offers 3-bedroom, 3-bath, 2,798 sq ft, with original construction dating to 1990.
Final sale price: $476,300 (about $170/sq ft).
Property tax estimate: $7,023 per year ($585/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.
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Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms3
Living Area2,798 sqft
Lot Size0.05 acres
Year Built1990
Stories1
Location
CityAnn Arbor
MunicipalityScio Twp
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
StyleRanch
ConstructionBrick, Wood Siding
BasementFull, Walk-Out Access
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
InteriorCeiling Fan(s), Broadband, Central Vacuum, Garage Door Opener, Guest Quarters, Eat-in Kitchen
Sale & Financing
Listed3/12/2026
Sold Date4/16/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$500 / Monthly
IncludesOther, Water, Trash, Snow Removal, Sewer, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$7,023
Tax Year2025
Assessed Value$129,325
Parcel #H-08-27-265-032
Source: SparkMLS
Legal Description
UNIT #32 PARKWOOD CONDOMINIUM PT NW 1/4 SEC 27, T2S-R5E.
Property Records
FEMA Flood Zone: Zone A — 100-year floodplain (no base flood elevation)
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gina Walsh
The Charles Reinhart Company
Frequently Asked Questions about 501 Woodgrove Drive, Ann Arbor, MI 48103
Which school district serves 501 Woodgrove Drive, Ann Arbor, MI 48103?
Per MLS# 26009241, 501 Woodgrove Drive, 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# 26009241, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 501 Woodgrove Drive, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $7,023 (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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 501 Woodgrove Drive, 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 501 Woodgrove Drive, Ann Arbor, MI 48103 in a flood zone?
Per FEMA flood maps, this property is designated as Zone A, 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.
What utilities serve 501 Woodgrove Drive, 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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Mortgage Calculator
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Monthly payment$3,288
Principal & interest$2,788
HOA$500
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
501 Woodgrove Drive, Ann Arbor, MI 48103
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Neighborhood
Parkwood Condos
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Community
Ann Arbor
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County
Washtenaw County
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