Sold
520 Spring Street, Ann Arbor, MI 48103
Sold on 05/07/2025 for$375,000
MLS # 25017375 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,344 sqftBuilt 19010.11 acres
1 / 19
Listing Description
Highest and best offers due by 11am on Tuesday, April 29, 2025. Top tier location in the highly sought after Water Hill neighborhood! This property is situated on a corner lot that is walking distance to Downtown Ann Arbor, parks, and UM Medical Center. There is the potential to rehab the existing structure or build new construction as it is already approved and permitted by the City (see attachments). Unlimited potential!
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,344 sq ft home built in 1901 sits in Water Hill in Ann Arbor.
This home sold for $375,000 (about $279/sq ft).
Annual property taxes run approximately $5,010 ($418/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 9 providers.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms1
Living Area1,344 sqft
Lot Size0.11 acres
Year Built1901
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleFarmhouse
ConstructionOther
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected
Sale & Financing
Listed4/23/2025
Sold Date5/6/2025
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$5,010
Tax Year2025
Assessed Value$217,300
Parcel #09-09-29-221-001
Source: SparkMLS
Legal Description
W 99 FT LOT 1 EXC S 1 RD BLK 3 FELCH ADDN
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Brent Flewelling
The Charles Reinhart Company
Frequently Asked Questions about 520 Spring Street, Ann Arbor, MI 48103
Which school district serves 520 Spring Street, Ann Arbor, MI 48103?
Per MLS# 25017375, 520 Spring 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 type of financing is accepted for this listing?
Per MLS# 25017375, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 520 Spring Street, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $5,010 (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, 520 Spring 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.
Is 520 Spring Street, 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 520 Spring Street, Ann Arbor, MI 48103. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 520 Spring Street, 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$2,270
Principal & interest$2,270
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 SatelliteSatelliteDSL
9 providers at this address
FCC 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
520 Spring Street, Ann Arbor, MI 48103
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Neighborhood
Water Hill
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Community
Ann Arbor
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County
Washtenaw County
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