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507 Woodgrove Drive Unit 31, Ann Arbor, MI 48103
$449,900
MLS # 26029537 (Michigan Regional Information Center (MichRIC))
2 beds3 baths1,820 sqftBuilt 1990
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Listing Description
Popular Parkwood condo in Scio Twp. Beautiful 2- bedroom + loft unit in a private, park-like setting with wooded views from both the front and back, yet conveniently located near shopping, dining, and everyday amenities. The spacious kitchen features light maple cabinetry, granite countertops, stainless steel appliances, a large island with seating, pantry storage, and a cozy breakfast nook. Vaulted living room ceiling with gas fireplace, custom built-ins, and formal dining room. Remodeled powder room and convenient first-floor laundry. Upstairs offers a primary suite with updated ensuite bath, a guest bedroom with its own updated bath, and a versatile loft overlooking the living room. Finished walkout lower level includes a second gas fireplace, office, workshop, and is plumbed for an additional bath. Enjoy wooded views from the rear deck, plus a welcoming front porch and attached 2-car garage. All appliances included, along with a basement freezer and sump pump with battery backup.
Source: SparkMLS
About this home
This 2-bedroom, 3-bath, 1,820 sq ft home built in 1990 sits in Parkwood Condos in Ann Arbor.
Currently offered at $449,900 (about $247/sq ft).
Estimated annual property tax: $5,205, or about $434 monthly. 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.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms3
Living Area1,820 sqft
Year Built1990
Stories2
Location
CityAnn Arbor
MunicipalityScio Twp
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
StyleContemporary
ConstructionBrick, Wood Siding
BasementFull, Walk-Out Access
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
InteriorCeiling Fan(s), Broadband, Garage Door Opener, Center Island, Eat-in Kitchen, Pantry
Sale & Financing
Listed6/14/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$500 / Monthly
IncludesTrash, Snow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$5,205
Tax Year2026
Assessed Value$140,798
Parcel #H-08-27-265-031
Source: SparkMLS
Legal Description
UNIT #31 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 Robyn Javornisky
The Charles Reinhart Company
Frequently Asked Questions about 507 Woodgrove Drive Unit 31, Ann Arbor, MI 48103
What school district is 507 Woodgrove Drive Unit 31, Ann Arbor, MI 48103 in?
Per MLS# 26029537, this property is served by Ann Arbor. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26029537, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26029537, the most recent reported annual property tax for 507 Woodgrove Drive Unit 31, Ann Arbor, MI 48103 is $5,205 (2026). 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 507 Woodgrove Drive Unit 31, Ann Arbor, MI 48103 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 507 Woodgrove Drive Unit 31, Ann Arbor, MI 48103 is in flood zone A (high risk). 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.
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$3,418
Principal & interest$2,918
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
507 Woodgrove Drive Unit 31, 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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