For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Washtenaw 48108
1400 Waterways Drive
$397,200
● House - Off Market

1400 Waterways Drive

Ann Arbor, MI 48108
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,829 Ft²
$855,850
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

Absolutely Pristine Ranch In The Waterways. Chefs Kitchen With White Bay Cabinets/Granite Counters/Sub-zero Ref/Jennaire  Cooktop(Island) Opens To Hearth Room With 2-way Gas Fireplace W/Custom Mantle Shared With Great Room. Wonderful Split Floor  Plan. Master Bdrm W/Tray Ceilng, Walk-in Clst W/Custom Organizers And Lux Bath With Jetted Tub And Oversized Shower. Granite  Counters In Baths. Frml Liv Rm Could Be Frml Din Rm. Large Fin Bsmnt With Daylt Wndws And 1/2 Bath. Cedar Deck. 1/2 Acre Lot  Backs To Woods. 3 Car Side Entry Gara,   Primary Bath
Unit Size
3,829 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$109
Property Type
House
Property Taxes
$507
HOA Dues
$37
Year Built
1995

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #40411)

Price History

Date / Event Date Event Price
Mar 19, 2013 Sold
Premium
Sold
Oct 1, 2012 Listed by Howard Hanna $415,900
Listed by Howard Hanna
Apr 2, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,315
  • Garage Type: 7
  • Garage Square Area: 856
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,329
  • Building Area: 2,329
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,329
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE WATERWAYS
  • Land Acres: 0000000520
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: MD L2947 P138 ****FROM 1220200007 03/04/94 UNIT 24 THE WATERWAYS CONDO

Neighborhood

  • School District Name: Saline Area Schools
  • School Tax School District: SALINE
  • Census Tract: 415600

Zoning

  • Zoning: RH

Geography

  • Assessors Map Reference: MAP L-4
  • District: L
  • Parcel: L -12-20-205-024
  • Block: 205
  • Meridian: SEC 20 TWN 3S RNG 6E
  • Municipality: PITTSFIELD TWP
  • Latitude: 42.208
  • Longitude: -83.7516

    Address

  • Full Address: 1400 Waterways Dr
  • Legal Unit: 24
  • Address - House Number: 1400
  • Address - Street Name: Waterways
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: R029
  • 4-Digit Zip Code: 2746
  • Zip Code: 48108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $605,453
  • Tax Rate Code Area: L

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 616,711
  • High Value: 716,808
  • Low Value: 516,614

    Market Valuation

  • Market Total Value: $458,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2013
  • Current Sale Recording Date: Mar 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6130645
  • Previous Sale Recording Date: Apr 02, 2001
  • Previous Sale Contract Date: Mar 29, 2001
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Julie K Fitzpatrick, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 40411
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1400 Waterways Drive built and last sold?
The property at 1400 Waterways Drive was built in 1995 and last sold on Mar 14, 2013 for $397,200.
How much is this home worth?
The estimated value of the home located at 1400 Waterways Drive is $0.
What are some comparable homes to 1400 Waterways Drive?
There are currently no comparable homes to 1400 Waterways Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Pittsfield Homes for Sale
Pittsfield Houses for Sale
Pittsfield Condos for Sale
Pittsfield Land for Sale
Pittsfield Commercial for Sale
Pittsfield Homes with Basements
Pittsfield Homes with Pools
Pittsfield Homes with Parking
Nearby Cities
Ann Arbor Homes for Sale
Ypsilanti Homes for Sale
Saline Homes for Sale
Milan Homes for Sale
Dexter Homes for Sale
Barton Hills Homes for Sale
Nearby Property Records
Washtenaw County, MI Property Records
Monroe County, MI Property Records
Wayne County, MI Property Records
Livingston County, MI Property Records
Lenawee County, MI Property Records
Jackson County, MI Property Records
Oakland County, MI Property Records
Lucas County, OH Property Records
Neighborhoods
Plansmart Real Estate
Downtown Ann Arbor Real Estate
Southeast Ann Arbor Real Estate
Glazier Way Real Estate
Greenview and Pioneer Nature Area Real Estate
North Area Real Estate
Old West Side Real Estate
Lawton Real Estate
Nearby Counties
Ann Arbor Homes for Sale
Ypsilanti Homes for Sale
Scio Homes for Sale
Ypsilanti Homes for Sale
Superior Homes for Sale
Saline Homes for Sale
York Homes for Sale
Lodi Homes for Sale
Top Real Estate Agents
Top Agents in Pittsfield
Top Agents in Ann Arbor
Top Agents in Ann Arbor
Top Agents in 48103
Top Agents in 48197
Top Agents in Ypsilanti
Top Agents in 48104
Top Agents in 48198