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Ann Arbor 48105 Arbor Hills Condominiums
3473 Ashburnam
$195,000
● House - Off Market

3473 Ashburnam

Ann Arbor, MI 48105
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,272 Ft²
$453,155
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model

About This Property

Located In Arbor Hills Surrounded By Mature Trees, It Is So Easy To Forget This Pristine 3 Bedroom, 2 Bathroom Home Is In The City. This Well Maintained Home Offers An Open Floor Plan On The Main Floor, And A Remodeled Basement. Close To The University, Highways And Shopping. This Home Is A Great Value.,   Primary Bath
Unit Size
2,272 Ft²
Days on Market
-
Land Size
-
Price per sqft
$92
Property Type
House
Property Taxes
$385
HOA Dues
$43
Year Built
1998

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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 #23096463)

Price History

Date / Event Date Event Price
Nov 12, 2020 Sold
Premium
Sold
Sep 20, 2020 Listed by Coldwell Banker Realty $319,900
Listed by Coldwell Banker Realty
Sep 19, 2019 Sold
Premium
Sold
May 27, 2019 Listed by Coldwell Banker Realty $299,000
Listed by Coldwell Banker Realty
Sep 26, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,126
  • Garage Type: 7
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,708
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,146
  • Building Area: 1,146
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,146
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARBOR HILLS
  • Land Acres: 0000000154
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 90 ARBOR HILLS CONDO

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 402700

Zoning

  • Zoning: PUD

Geography

  • District: 09
  • Parcel: 09-09-11-400-013
  • Block: 400
  • Meridian: SEC 11 TWN 2S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.3184
  • Longitude: -83.6907

    Address

  • Full Address: 3473 Ashburnam Rd
  • Legal Unit: 90
  • Address - House Number: 3473
  • Address - Street Name: Ashburnam
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C020
  • 4-Digit Zip Code: 4103
  • Zip Code: 48105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $772,938
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.1614
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 381,881
  • High Value: 443,520
  • Low Value: 320,243

    Market Valuation

  • Market Total Value: $355,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6553721
  • Previous Sale Recording Date: Sep 19, 2019
  • Previous Sale Contract Date: Aug 21, 2019
  • Previous Sale Amount: $295,000
  • 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 Northeast Ann Arbor

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$266

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2530 ft²

Average Home Age

93 years

Currently For Sale

72 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 2878 Barclay Way, Ann Arbor, MI, 48105

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,148 ft²
2878 Barclay Way, Ann Arbor, MI, 48105 Listing by Evelyn Roberts
Unit for rent at 3502 Burbank Drive, Ann Arbor, MI, 48105

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
3502 Burbank Drive, Ann Arbor, MI, 48105 Listing by Judy McDonald

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Ariel Hurwitz-Greene, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23096463
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 3473 Ashburnam Road built and last sold?
The property at 3473 Ashburnam Road was built in 1998 and last sold on Nov 6, 2020 for $308,500.
How much is this home worth?
The estimated value of the home located at 3473 Ashburnam Road is $335,252.
What are some comparable homes to 3473 Ashburnam Road?
There are currently no comparable homes to 3473 Ashburnam Road.
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