Sold
5432 Parkgrove Road, Ann Arbor, MI 48103
Sold on 06/27/2024 for$405,000
MLS # 24016830 (Michigan Regional Information Center (MichRIC))
3 beds3 baths2,564 sqftBuilt 19900.42 acres
1 / 50
Listing Description
Back on market-no fault of the condo. You'll find loads to like about this private and turnkey condo! 3 beds, 2.1 baths and over 2500 SF of finished, updated space. The 1st floor includes beautiful hardwood floors thru out.The combined living - dining room has tranquil views & walks out to a Trex deck.The kitchen is a great place to hang out with newer granite counters and backsplash, updated appliances, and a breakfast nook with skylights! An oversized primary suite features vaulted ceilings and a bath w/updated shower glass. 2 more bedrooms and a full bath round out the 2nd floor. Add'l, versatile space in the basement w/fresh paint & new carpet. Updates include water heater, lighting, blinds, paint, carpet, 2 Trex decks, door hardware and more.Low Scio Township taxes, A2 Schools
Source: SparkMLS
About this home
3-bedroom, 3-bath, 2,564 sq ft home in Parkwood Condos in Ann Arbor built in 1990.
Closed at $405,000 (about $158/sq ft).
Estimated annual property tax: $5,772, or about $481 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms3
Living Area2,564 sqft
Lot Size0.42 acres
Year Built1990
Stories2
Location
CityAnn Arbor
MunicipalityScio Twp
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
StyleContemporary
ConstructionWood Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Connected, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
InteriorCeiling Fan(s), Garage Door Opener, Center Island
Sale & Financing
Listed5/22/2024
Sold Date6/26/2024
Terms AcceptedCash, VA Loan, Conventional
HOA
HOA Fee$450 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$5,772
Tax Year2024
Assessed Value$166,800
Parcel #0827265016
Source: SparkMLS
Legal Description
UNIT #16 PARKWOOD CONDOMINIUM PT NW 1/4 SEC 27 T-2S-R5E
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jean Wedemeyer
The Charles Reinhart Company
Frequently Asked Questions about 5432 Parkgrove Road, Ann Arbor, MI 48103
What school district is 5432 Parkgrove Road, Ann Arbor, MI 48103 in?
Per MLS# 24016830, 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.
Can I use FHA or VA financing for this property?
Per MLS# 24016830, the seller has indicated this property accepts the following financing types: Cash, VA Loan, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 24016830, the most recent reported annual property tax for 5432 Parkgrove Road, Ann Arbor, MI 48103 is $5,772 (2024). 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 5432 Parkgrove Road, 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, 5432 Parkgrove Road, 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 5432 Parkgrove Road, Ann Arbor, MI 48103?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5432 Parkgrove Road, Ann Arbor, MI 48103. The maximum advertised download speed is 2.0 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$2,993
Principal & interest$2,543
HOA$450
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteUnlicensed Fixed WirelessSatelliteDSL
8 providers at this address
XfinityCable
2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsMercury FiberUnlicensed Fixed Wireless
150 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsAT&TDSL
50 MbpsT-MobileLicensed Fixed Wireless
0 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
5432 Parkgrove Road, 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
View county overview →
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