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Washtenaw 48103
2044 Peters Road
$295,000
● House - Off Market

2044 Peters Road

Ann Arbor, MI 48103
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,622 Ft²
$528,381
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

You won't find acreage this close to Ann Arbor often!  The home has had numerous updates and is awaiting your finishing touch. Updates include: Furnace 2008, rebuilt porch 2012, roof 2012. Spring 2015: New Toilets, bathroom and kitchen faucets as well as paint, carpet, and flooring throughout the entire home.  Just ten minutes to downtown Ann Arbor or Dexter and super easy access to I-94 and M-14.  This is a great country setting in the highly acclaimed Ann Arbor school district.
Unit Size
1,622 Ft²
Days on Market
-
Land Size
5.31 acres
Price per sqft
$182
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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 #23078250)

Price History

Date / Event Date Event Price
Jun 19, 2015 Sold
Premium
Sold
Apr 30, 2015 Listed by Keller Williams Ann Arbor $295,000
Listed by Keller Williams Ann Arbor

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 231,304
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005310
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM AT NW COR SEC 15, T2S, R5E; TH N 89-17-26 E 1298.30 FT; TH S 00-45-10 W448.77 FT TO POB; TH S 80-35-27 E 655.27 FT; TH S

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 453000

Geography

  • District: H
  • Parcel: H -08-15-200-029
  • Block: 200
  • Meridian: SEC 01 TWN 02S RNG 05E
  • Municipality: SCIO TWP
  • Latitude: 42.3112
  • Longitude: -83.8331

    Address

  • Full Address: 2044 Peters Rd
  • Address - House Number: 2044
  • Address - Street Name: Peters
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: R013
  • 4-Digit Zip Code: 8702
  • Zip Code: 48103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $656,540
  • Tax Rate Code Area: H

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 597,398
  • High Value: 693,229
  • Low Value: 501,567

    Market Valuation

  • Market Total Value: $503,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,800

    Sales

  • Current Sale Contract Date: May 27, 2015
  • Current Sale Recording Date: Jun 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6266751
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

Unit for rent at 5537 Arbor Chase Drive, Ann Arbor, MI, 48103

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,564 ft²
5537 Arbor Chase Drive #31, Ann Arbor, MI, 48103 Listing by Michelle Shulman

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Kevin Daum, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23078250
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 2044 Peters Road built and last sold?
The property at 2044 Peters Road was built in and last sold on May 27, 2015 for $295,000.
How much is this home worth?
The estimated value of the home located at 2044 Peters Road is $0.
What are some comparable homes to 2044 Peters Road?
There are currently no comparable homes to 2044 Peters Road.
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