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1631 Franklin Street

1631 Franklin Street, Ann Arbor, MI 48103
Property in West Ann Arbor
Sold Feb 03, 2005
$131,000
$252,500 by Pmac Lending Services Inc
Mortgage Due Jan 01, 2045
1631 Franklin Street has been categorized by the local assessors in Ann Arbor, MI as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1631 Franklin Street has 1,916 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,710 ft and across the front of the lot is 1,640 ft. The area measurement of the land has been determined as 28,096 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1631 Franklin Street sold most recently in Aug 6, 2004 for a total of $131,000. If you work out the math, that's approximately a cost of $68.37 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 $6,861 in taxes each year. 1631 Franklin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $266,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 941
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 28,096
  • Lot Size Depth Feet: 1,710
  • Lot Size Frontage Feet: 1,640
  • Total Building Area: 1,916
  • Building Area: 1,916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,916
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARDEN HOMES PARK SUBDIVISION
  • Land Acres: 0.645
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM AT THE SE COR OF LOT 97 GARDEN HOMES PARK SUBDIVISION; TH N 89 DEG 22' 05"W 110 FT TO THE POB; TH CONT N 89 DEG 22' 05" W

Ownership

  • Current Owner : SIMPSON GARY
  • Current Owner 2: SIMPSON NANCY
  • Previous Owner : WEEKS JUDY
  • Previous Owner 2: YURKO HELEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 403200

Zoning

  • Zoning: R1C

Geography

  • District: 09
  • Parcel: 09-09-19-214-074
  • Block: 214
  • Lot: 97
  • Meridian: SEC 19 TWN 2S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.296
  • Longitude: -83.7797

    Address

  • Full Address: 1631 Franklin St
  • Address - House Number: 1631
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C104
  • 4-Digit Zip Code: 2438
  • Zip Code: 48103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,861
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 638,412
  • High Value: 743,604
  • Low Value: 533,220

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $277,500
  • First Open Lien Mortgage Lender: PMAC LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Dec 16, 2014
  • First Open Lien Mortgage Loan Amount: $252,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 02, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 418
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 26, 2051

    Market Valuation

  • Market Total Value: $532,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2004
  • Current Sale Recording Date: Feb 03, 2005
  • Current Sale Transaction ID: 1091110694
  • Current Sale Price: $131,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5621934

    Last Sale Mortgage

  • First Mortgage Lender: BANK ONE NA
  • First Mortgage Transaction Date: Feb 03, 2005
  • First Mortgage Loan Amount: $81,000
  • First Mortgage Terms: 29
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Aug 11, 2007

About West Ann Arbor



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Frequently Asked Questions

What neighborhood is 1631 Franklin Street located in?
The 1631 Franklin Street is a located in the neighborhood of West Ann Arbor in West Ann Arbor, Ann Arbor.
What is the average sales price for listings in 1631 Franklin Street?
The average sales price for units in 1631 Franklin Street is $0 currently.

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