Sold
5440 PARKGROVE Road, Ann Arbor, MI 48103
Sold on 06/06/2025 for$412,000
MLS # 20250029854 (Realcomp)
3 beds2 baths1,746 sqftBuilt 19900 acres
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Listing Description
Welcome to this beautifully updated Ranch condo in the highly sought-after Parkwood Community, ideally located close to shopping, dining, and everyday conveniences. Move-in ready and thoughtfully updated, this home offers spacious bedrooms with generous closet space, an eat-in kitchen with newer stainless-steel appliances, and a large Great Room w/cutom Skylights—perfect for gathering and entertaining. Step out from the Great Room onto a private wood deck overlooking a serene, wooded backyard—ideal for relaxing and enjoying the outdoors. The full basement provides endless possibilities for additional living space, storage, or customization to suit your needs. A large Laundry/Mud Room off the attached 2-car garage adds everyday functionality. Recent updates include fresh paint, new flooring, and modern fixtures throughout, creating a clean, contemporary feel. Ranch-style units in this community are rarely available—don’t miss this opportunity! Sellers are motivated and will consider all offers. BATVAI.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,746 sq ft home built in 1990 sits in Parkwood Condos in Ann Arbor.
Closed at $412,000 (about $236/sq ft).
Annual property taxes run approximately $5,346 ($446/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. Broadband is available with download speeds up to 2,000 Mbps from 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms2
Living Area1,746 sqft
Year Built1990
Stories1
Location
CityAnn Arbor
MunicipalityScio Twp
Zip Code48103
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/30/2025
Sold Date6/5/2025
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$450 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$5,346
Parcel #H00827265015
Source: SparkMLS
Legal Description
UNIT #15 PARKWOOD CONDOMINIUM PT NW 1/4 SEC 27 T2S-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 Jeffrey Slomovitz
BPO Pros LLC
Frequently Asked Questions about 5440 PARKGROVE Road, Ann Arbor, MI 48103
Which school district serves 5440 PARKGROVE Road, Ann Arbor, MI 48103?
Per MLS# 20250029854, 5440 PARKGROVE Road, 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# 20250029854, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5440 PARKGROVE Road, Ann Arbor, MI 48103?
Per public tax records, annual property taxes for this property are $5,346. 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, 5440 PARKGROVE Road, 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 5440 PARKGROVE Road, 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 not currently available at 5440 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.
What utilities serve 5440 PARKGROVE Road, Ann Arbor, MI 48103?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$2,973
Principal & interest$2,523
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
5440 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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