Sold
742 Watersedge Drive, Ann Arbor, MI 48105
Sold on 10/16/2024 for$260,000
MLS # 24030002 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,208 sqftBuilt 19760 acres
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Listing Description
Welcome to this stunning Geddes Lake condo, a perfect blend of low-maintenance living. This charming two-story unit boasts an open floor plan, beginning with a kitchen featuring white cabinets and a wrap-around countertop, ideal for those who love cooking and baking. The adjacent dining area seamlessly transitions into a spacious living room, highlighted by a large sliding door that opens to a private, fenced patio. Upstairs, the condo offers two generously sized bedrooms, both with ample closet space, and a full hall bath. The updated courtyard-style floor plan includes recent enhancements such as fresh interior paint. . Additional improvements encompass updated lighting, a modernized first-floor half bath, and ceramic tile flooring.
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,208 sq ft home in Geddes Lake in Ann Arbor built in 1976.
Closed at $260,000 (about $215/sq ft).
Annual property taxes run approximately $6,005 ($500/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms2
Living Area1,208 sqft
Year Built1976
Stories2
Location
CityAnn Arbor
MunicipalityAnn Arbor
Zip Code48105
CountyWashtenaw
School DistrictAnn Arbor Public Schools
Construction & Systems
ConstructionVinyl Siding
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed8/23/2024
Sold Date10/15/2024
Original Price$299,900
Terms AcceptedCash, Conventional
HOA
HOA Fee$367 / Monthly
IncludesWater, Trash, Snow Removal, Sewer, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$6,005
Tax Year2023
Assessed Value$116,000
Parcel #09-09-26-204-249
Source: SparkMLS
Legal Description
UNIT 249 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 X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Imran Lateef
IKL Real Estate LLC
Frequently Asked Questions about 742 Watersedge Drive, Ann Arbor, MI 48105
What school district is 742 Watersedge Drive, Ann Arbor, MI 48105 in?
Per MLS# 24030002, 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# 24030002, 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# 24030002, the most recent reported annual property tax for 742 Watersedge Drive, Ann Arbor, MI 48105 is $6,005 (2023). 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 742 Watersedge Drive, Ann Arbor, MI 48105 eligible for USDA financing?
Per USDA Rural Development boundary data, 742 Watersedge Drive, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 742 Watersedge Drive, Ann Arbor, MI 48105 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 742 Watersedge Drive, Ann Arbor, MI 48105?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 9 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$2,118
Principal & interest$1,751
HOA$367
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
742 Watersedge Drive, 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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