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Ann Arbor 48104 Kimberly Hills
2820 Kimberley Road
$550,000
● House - Off Market

2820 Kimberley Road

Ann Arbor, MI 48104
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,512 Ft²
$3,476
Est. Monthly
5.94%
Cap Rate

About This Property

Welcome to this 4 bed 2.5 bath home nestled on a quiet street moments away from Buhr Park. Recently renovated from top to bottom, this residence offers a perfect blend of modern upgrades and classic appeal.  The spacious & airy ambiance offers an abundance of natural light thru the new windows. The entire home boasts wood floors that add warmth to every room. The brand-new kitchen has crisp white cabinets, quartz countertops, & stainless steel appliances creating a stylish and functional space. The primary suite offers its own ensuite and large walk-in closet. The newly added front porch welcomes you home and invites you to relax.  The large backyard offers ample space for outdoor activities & gardening. Schedule a showing today & experience the beauty & charm of this property firsthand.
Unit Size
2,512 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$229
Property Type
House
Property Taxes
$652
HOA Dues
-
Year Built
1967

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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 #24013038)

Price History

Date / Event Date Event Price
Jun 5, 2024 Sold
Premium
Sold
May 22, 2024 In contract -
In contract
Apr 1, 2024 No longer available -
No longer available
Mar 18, 2024 Listed by Cornerstone Real Estate $575,000
Listed by Cornerstone Real Estate
Jan 24, 2024 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 864
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,407
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,764
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KIMBERLEY HILLSAAC
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 7 KIMBERLEY HILLS

Neighborhood

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

Zoning

  • Zoning: R1C

Geography

  • District: 09
  • Parcel: 09-12-03-300-006
  • Block: 300
  • Lot: 7
  • Meridian: SEC 03 TWN 3S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.2477
  • Longitude: -83.7167

    Address

  • Full Address: 2820 Kimberley Rd
  • Address - House Number: 2820
  • Address - Street Name: Kimberley
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C051
  • 4-Digit Zip Code: 6455
  • Zip Code: 48104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $677,384
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.1827
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 446,793
  • High Value: 528,437
  • Low Value: 365,149

    Market Valuation

  • Market Total Value: $364,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Jan 24, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6710179
  • Previous Sale Recording Date: Aug 24, 1995
  • Previous Sale Contract Date: Aug 21, 1995
  • Previous Sale Amount: $156,500
  • Previous Sale Document Type: 27
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 1964 Boulder Drive, Ann Arbor, MI, 48104

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 2,290 ft²
1964 Boulder Drive, Ann Arbor, MI, 48104 Listing by Judy McDonald

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Marla J Heatley, Cornerstone Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24013038
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 2820 Kimberley Road built and last sold?
The property at 2820 Kimberley Road was built in 1967 and last sold on Nov 13, 2023 for $322,500.
How much is this home worth?
The estimated value of the home located at 2820 Kimberley Road is $576,624.
What are some comparable homes to 2820 Kimberley Road?
There are currently no comparable homes to 2820 Kimberley Road.
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