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Ann Arbor 48104 South Ann Arbor
2790 Colony Road
$362,000
● House - Off Market

2790 Colony Road

Ann Arbor, MI 48104
bedrooms
5 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,173 Ft²
$586,140
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

5 bedrooms! Custom built well maintained mid-century home with fresh paint. Large kitchen with eating area, formal dining area opens to living room. Newer appliances. Hardwood flooring in living room, dining room, foyer, and under carpet in upper 4 bedrooms. Master suite with updated bath. Family room with gas fireplace and walkout door. Ready to move-in. Large private back yard backs to Molin Nature area owned by city. Allen Elementary School. Great location close to U of M, downtown Ann Arbor and Buhr Park. Easy access to US-23 and I-94. OPEN HOUSE SUNDAY SEPTEMBER 17 1-3pm ===,   Primary Bath, Rec Room: Space
Unit Size
2,173 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$170
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #23123355)

Price History

Date / Event Date Event Price
Dec 19, 2017 Sold
Premium
Sold
Sep 14, 2017 Listed by Real Estate One $370,000
Listed by Real Estate One

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 810
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,195
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,173
  • Building Area: 2,173
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,173
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANN ARBOR WOODS NO 3
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: S 14 FT LOT 248 AND ALL LOT 249 ANN ARBOR WOODS NO 3

Neighborhood

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

Zoning

  • Zoning: R1C

Geography

  • District: 09
  • Parcel: 09-12-03-305-029
  • Block: 305
  • Lot: 248-249
  • Meridian: SEC 03 TWN 3S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.2474
  • Longitude: -83.7147

    Address

  • Full Address: 2790 Colony Rd
  • Address - House Number: 2790
  • Address - Street Name: Colony
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C027
  • 4-Digit Zip Code: 6559
  • Zip Code: 48104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $822,685
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 595,944
  • High Value: 694,139
  • Low Value: 497,750

    Market Valuation

  • Market Total Value: $492,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2017
  • Current Sale Recording Date: Dec 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6404179
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 South Ann Arbor

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$256

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1403 ft²

Average Home Age

52.3 years

Currently For Sale

58 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 2645 Burton Road, Ann Arbor, MI, 48104

$2,797 /mo

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
2645 Burton Road #22, Ann Arbor, MI, 48104 Listing by Brittney Merrihew-Huhn
Unit for rent at 2675 Burton Road, Ann Arbor, MI, 48104

$2,797 /mo

  • 2 Beds
  • 2 Baths
  • 1,228 ft²
2675 Burton Road #205, Ann Arbor, MI, 48104 Listing by Alexsandra Anteau

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Wayne Esch, Real Estate One
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23123355
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 2790 Colony Road built and last sold?
The property at 2790 Colony Road was built in 1963 and last sold on Dec 12, 2017 for $362,000.
How much is this home worth?
The estimated value of the home located at 2790 Colony Road is $373,793.
What are some comparable homes to 2790 Colony Road?
There are currently no comparable homes to 2790 Colony Road.
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