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1488 Woodland Drive

1488 Woodland Drive, Ann Arbor, MI 48103
Sold Jan 14, 2021
$280,000
$224,000 by Michigan First Cu
Mortgage Due Jan 01, 2051
Local assessors in Ann Arbor, MI have categorized 1488 Woodland Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 7,187 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1488 Woodland Drive has a total of 1,096 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1488 Woodland Drive sold most recently in Dec 11, 2020 for a total of $280,000. If you work out the math, that's approximately a cost of $255.47 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,637 in taxes each year. 1488 Woodland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $186,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,096
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,096
  • Building Area: 1,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,096
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WUERTH SUBDIVISION
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 115 WUERTH SUB

Ownership

  • Current Owner : FORD MICHAEL J
  • Current Owner 2: SMITH LINDSAY M
  • Previous Owner : CARRAS WILLIAM S
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 404300

Zoning

  • Zoning: R1C

Geography

  • District: 09
  • Parcel: 09-09-31-401-010
  • Block: 401
  • Lot: 115
  • Meridian: SEC 31 TWN 2S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.2625
  • Longitude: -83.7608

    Address

  • Full Address: 1488 Woodland Dr
  • Address - House Number: 1488
  • Address - Street Name: Woodland
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C015
  • 4-Digit Zip Code: 5742
  • Zip Code: 48103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,637
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 426,944
  • High Value: 502,473
  • Low Value: 351,416

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,000
  • First Open Lien Mortgage Lender: MICHIGAN FIRST CU
  • First Open Lien Mortgage Recording Date: Jan 14, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $224,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $372,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11812337049
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6565828

    Last Sale Mortgage

  • First Mortgage Lender: MICHIGAN FIRST CU
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Loan Amount: $224,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1488 Woodland Drive located in?
The 1488 Woodland Drive is a located in the neighborhood of Greenview and Pioneer Nature Area in West Ann Arbor, Ann Arbor.
What is the average sales price for listings in 1488 Woodland Drive?
The average sales price for units in 1488 Woodland Drive is $0 currently.

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