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Washtenaw 48108
2274 Sun Valley Drive
$660,000
● House - Off Market

2274 Sun Valley Drive

Ann Arbor, MI 48108
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,300 Ft²
$3,935
Est. Monthly
$35
HOA / Fees
7.49%
Cap Rate

About This Property

Spacious and beautifully updated, this home offers comfort and style in a prime Ann Arbor location. Expansive primary ensuite has vaulted ceilings, soaking tub and large vanity, while 3 additional bedrooms provide plenty of space. Enjoy formal living and dining room, a cozy family room with a FP, and a bright 16x18 four-season sunroom. Kitchen features quartz counters and new stainless appliances (2025). Updates include refinished hardwood floors, new flooring throughout, fresh paint and carpet (25'), a water heater and sump pump (23'), and an AC and furnace (2016). Partially finished basement adds flexibility.  Fenced backyard opens to a private, tree-lined common area, creating a peaceful retreat. A mile from shopping and dining. Pioneer HS district with lower twp taxes-this is the one!
Unit Size
3,300 Ft²
Days on Market
13 days
Land Size
0.26 acres
Price per sqft
$197
Property Type
House
Property Taxes
$707
HOA Dues
$35
Year Built
1996

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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: 2 years ago (MichRIC MLS #25009609)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Premium
Sold
Mar 18, 2025 In contract -
In contract
Mar 14, 2025 Listed by The Charles Reinhart Company $650,000
Listed by The Charles Reinhart Company
Apr 21, 2004 Sold
Premium
Sold
Feb 12, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,120
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,602
  • Building Area: 2,602
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,602
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE FOREST HIGHLANDS #3
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: NEW PLAT ****FROM 1207300008 01/22/96 ****FROM 1207305800 01/22/96 LOT 83 LAKEFOREST HIGHLANDS NO.3

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 414900

Zoning

  • Zoning: RI

Geography

  • Assessors Map Reference: MAP L-3-7-3
  • District: L
  • Parcel: L -12-07-310-083
  • Block: 310
  • Lot: 83
  • Meridian: SEC 07 TWN 3S RNG 6E
  • Municipality: PITTSFIELD TWP
  • Latitude: 42.2315
  • Longitude: -83.7746

    Address

  • Full Address: 2274 Sun Valley Dr
  • Address - House Number: 2274
  • Address - Street Name: Sun Valley
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: R005
  • 4-Digit Zip Code: 8905
  • Zip Code: 48108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $493,148
  • Tax Rate Code Area: L

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 590,744
  • High Value: 695,308
  • Low Value: 486,180

    Market Valuation

  • Market Total Value: $463,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2004
  • Current Sale Recording Date: Apr 21, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 5548632
  • Previous Sale Recording Date: Feb 12, 2004
  • Previous Sale Contract Date: Jan 28, 2004
  • Previous Sale Amount: $307,000
  • Previous Sale Document Type: 71
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:

$440,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2304 ft²

Average Home Age

57.1 years

Currently For Sale

664 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

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MichRIC

Listed by: Tammi Ebenhoeh, The Charles Reinhart Company
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25009609
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 2274 Sun Valley Drive built and last sold?
The property at 2274 Sun Valley Drive was built in 1996 and last sold on Apr 15, 2004 for $309,900.
How much is this home worth?
The estimated value of the home located at 2274 Sun Valley Drive is $0.
What are some comparable homes to 2274 Sun Valley Drive?
There are currently no comparable homes to 2274 Sun Valley Drive.
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