Sold
505 Maple Ridge Street, Ann Arbor, MI 48103
Sold on 08/03/2023 for$210,000
MLS # 23129644 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,091 sqftBuilt 19420.12 acres
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Listing Description
You know what they say - location, location, location! And this 1.5 story home is absolutely centrally located in Ann Arbor as it is close to schools, several parks, the Farmer's Market, and is only a short stroll to everything downtown Ann Arbor has to offer! There is plenty of equity to be earned as this home offers tons of potential. It sits along a tree-lined street and features a spacious backyard that is partially fenced and has two sheds for all of your gardening tools. Two bedrooms, plus a full bath, on the main floor. Walk up to the vintage, wood-paneled third bedroom on the upper level. Lots of storage space in the basement. New roof! Please note that this house is in need of significant repairs. Cash only sale. Property is in the floodway.
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,091 sq ft home built in 1942 sits in Wildwood Old Westside in Ann Arbor.
Final sale price: $210,000 (about $192/sq ft).
Property tax estimate: $4,784 per year ($399/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,091 sqft
Lot Size0.12 acres
Year Built1942
Stories1
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleCape Cod
ConstructionWood Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected, Storm Sewer
InteriorEat-in Kitchen
Sale & Financing
Listed7/6/2023
Sold Date8/2/2023
Original Price$275,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$4,784
Tax Year2023
Assessed Value$98,769
Parcel #09-09-29-201-002
Source: SparkMLS
Legal Description
S 52 FT LOTS 46 AND 47 ASSESSORS PLAT NO 10
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Brent Flewelling
The Charles Reinhart Company
Frequently Asked Questions about 505 Maple Ridge Street, Ann Arbor, MI 48103
Which school district serves 505 Maple Ridge Street, Ann Arbor, MI 48103?
Per MLS# 23129644, 505 Maple Ridge 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 financing options are available for 505 Maple Ridge Street, Ann Arbor, MI 48103?
Per MLS# 23129644, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 505 Maple Ridge Street, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $4,784 (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, 505 Maple Ridge 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 505 Maple Ridge 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.
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Monthly payment$1,459
Principal & interest$1,459
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Property
505 Maple Ridge Street, Ann Arbor, MI 48103
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Municipality
Wildwood Old Westside
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County
Washtenaw County
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