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2025 Ridge Avenue

2025 Ridge Avenue, Ann Arbor, MI 48104
Property in Kimberly Hills
Refi Apr 06, 2020
Transfer
$20,000 by University Of Michigan Cu
Mortgage
Local assessors in Ann Arbor, MI have categorized 2025 Ridge Avenue as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 9,017 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 720 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2025 Ridge Avenue has a total of 2,080 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 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on no 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. Tax-wise, the current owner is expected to pay close to $7,006 in taxes each year. 2025 Ridge Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $227,200. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1987
  • Effective Year Built: 1987
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 944
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,017
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,080
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NATURE COVE SUBDIVISION
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 39 NATURE COVE SUBD

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 405200

Zoning

  • Zoning: R1C

Geography

  • District: 09
  • Parcel: 09-12-03-208-116
  • Block: 208
  • Lot: 39
  • Meridian: SEC 03 TWN 3S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.2549
  • Longitude: -83.7177

    Address

  • Full Address: 2025 Ridge Ave
  • Address - House Number: 2025
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C051
  • 4-Digit Zip Code: 6382
  • Zip Code: 48104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,006
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 589,556
  • High Value: 686,698
  • Low Value: 492,414

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $20,000
  • First Open Lien Mortgage Lender: UNIVERSITY OF MICHIGAN CU
  • First Open Lien Mortgage Recording Date: Apr 06, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $20,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $454,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,200

    Exemptions

  • Homeowner Exemption: Yes

About South Ann Arbor



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Nearby Rentals

Unit for rent at 1913 Geddes Avenue, Ann Arbor, MI, 48104

$3,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
1913 Geddes Avenue, Ann Arbor, MI, 48104 Listing by Suzanne Arndt

Frequently Asked Questions

What neighborhood is 2025 Ridge Avenue located in?
The 2025 Ridge Avenue is a located in the neighborhood of Kimberly Hills in South Ann Arbor, Ann Arbor.
What is the average sales price for listings in 2025 Ridge Avenue?
The average sales price for units in 2025 Ridge Avenue is $0 currently.

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