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2118 South 7th Street

2118 South 7th Street, Ann Arbor, MI 48103
Property in Lawton
Sold Dec 05, 2019
$725,000
$513,750 by Priority 1 Lending Llc
Mortgage Due Feb 01, 2036
Local assessors in Ann Arbor, MI have categorized 2118 South 7th Street as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 15,159 square feet. The linear feet between the front and back of the lot was measured at 1,650 ft and the front of the lot was measured at 920 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 2118 South 7th Street has a total of 3,054 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 592 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2118 South 7th Street was last sold in Nov 26, 2019 for $725,000. According to our calculations, that's $237.39 per sqft. Current property owners are expected to pay $16,057 in taxes per year. The property on 2118 South 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $378,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 852
  • Garage Type: Garage
  • Garage Square Area: 592
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,159
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 920
  • Total Building Area: 3,054
  • Building Area: 3,054
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,054
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANSDOWNE SUBDIVISION
  • Land Acres: 0.348
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 14 LANSDOWNE SUB

Ownership

  • Current Owner : MOONEY MICHAEL J
  • Previous Owner : GRAMBO JANE FAHLGREN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 404400

Zoning

  • Zoning: R1C

Geography

  • District: 09
  • Parcel: 09-12-06-101-014
  • Block: 101
  • Lot: 14
  • Meridian: SEC 06 TWN 3S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.2548
  • Longitude: -83.7614

    Address

  • Full Address: 2118 S 7th St
  • Address - House Number: 2118
  • Street Direction: S
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C003
  • 4-Digit Zip Code: 6143
  • Zip Code: 48103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,057
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 891,962
  • High Value: 1,048,130
  • Low Value: 735,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $513,750
  • First Open Lien Mortgage Lender: PRIORITY 1 LENDING LLC
  • First Open Lien Mortgage Recording Date: Jan 27, 2021
  • First Open Lien Mortgage Loan Amount: $513,750
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $757,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Dec 05, 2019
  • Current Sale Transaction ID: 11706787594
  • Current Sale Price: $725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6499119

About South Ann Arbor



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Frequently Asked Questions

What neighborhood is 2118 South 7th Street located in?
The 2118 South 7th Street is a located in the neighborhood of Lawton in South Ann Arbor, Ann Arbor.
What is the average sales price for listings in 2118 South 7th Street?
The average sales price for units in 2118 South 7th Street is $0 currently.

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