Sold
702 Peninsula Court, Ann Arbor, MI 48105
Sold on 05/23/2025 for$310,000
MLS # 25016843 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,152 sqftBuilt 19760.03 acres
1 / 52
Listing Description
Discover the perfect blend of serene lake views and vibrant community living in this stunning end-unit condo. Offering 2 spacious bedrooms, 1.5 updated bathrooms, and an abundance of natural light. Step inside to newer luxury vinyl plank flooring flowing throughout the main level. The updated kitchen features granite countertops and a stylish tile backsplash. Entertain with ease in the open-concept living area, complete with a cozy wood-burning stove and a huge doorwall leading to the 14' x 16' private patio oasis. Upstairs, the large primary bedroom features hardwood flooring and breathtaking views of the lake. The equally large second bedroom has closets galore. The community offers a pool, tennis courts, clubhouse, and trails. Energy score is 6. Full report: stream.a2gov.org
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,152 sq ft home in Geddes Lake in Ann Arbor built in 1976.
Final sale price: $310,000 (about $269/sq ft).
Estimated annual property tax: $7,120, or about $593 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,152 sqft
Lot Size0.03 acres
Year Built1976
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
ConstructionWood Siding
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
InteriorCeiling Fan(s), Garage Door Opener
Sale & Financing
Listed5/4/2025
Sold Date5/22/2025
Terms AcceptedCash, FHA, VA Loan, Conventional
HOA
HOA Fee$458 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$7,120
Tax Year2025
Assessed Value$105,658
Parcel #09-09-26-204-103
Source: SparkMLS
Legal Description
UNIT #103 GEDDES LAKE CONDOMINIUMS SPLIT ON 09/04/2008 FROM 09-09-26-200-005, 09-09-26-200-006;
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Maryann Ryan
The Charles Reinhart Company
Frequently Asked Questions about 702 Peninsula Court, Ann Arbor, MI 48105
Which school district serves 702 Peninsula Court, Ann Arbor, MI 48105?
Per MLS# 25016843, 702 Peninsula Court, Ann Arbor, MI 48105 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 702 Peninsula Court, Ann Arbor, MI 48105?
Per MLS# 25016843, this listing accepts Cash, FHA, VA Loan, Conventional 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 702 Peninsula Court, Ann Arbor, MI 48105?
Per public tax records, annual property taxes for this property are $7,120 (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, 702 Peninsula Court, Ann Arbor, MI 48105 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 702 Peninsula Court, Ann Arbor, MI 48105 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. 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.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 702 Peninsula Court, Ann Arbor, MI 48105. 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 702 Peninsula Court, Ann Arbor, MI 48105?
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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Mortgage Calculator
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Monthly payment$2,404
Principal & interest$1,946
HOA$458
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
702 Peninsula Court, Ann Arbor, MI 48105
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Neighborhood
Geddes Lake
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Community
Ann Arbor
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County
Washtenaw County
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