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4927 Ravine Court

4927 Ravine Court, Ann Arbor, MI 48105
Property in Ann Arbor
Sold Jul 03, 2017
$482,000
$289,200 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2047
Sold Jul 25, 2000
$326,000
Local assessors in Ann Arbor, MI have categorized 4927 Ravine Court as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 7,536 square feet. The linear feet between the front and back of the lot was measured at 1,255 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 3 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 4927 Ravine Court has a total of 2,281 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 431 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4927 Ravine Court sold most recently in Jun 23, 2017 for a total of $482,000. If you work out the math, that's approximately a cost of $211.31 per sqft. Before that, the property was also sold for $326,000 in Jul 7, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,082 in taxes each year. 4927 Ravine Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $253,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,289
  • Garage Type: Garage
  • Garage Square Area: 431
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,536
  • Lot Size Depth Feet: 1,255
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,281
  • Building Area: 2,281
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,281
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FLEMING CREEK SUB
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1996 TRF NEW PLAT ****FROM 0913400001 11/04/93LOT 59 FLEMING CREEK SUB #1 1996TRF

Ownership

  • Current Owner : KIM JOHN P
  • Current Owner 2: LEE CINDY
  • Previous Owner : CHOI JONG RYUL
  • Previous Owner 2: CHOI SUNG WON
  • Owner Before Previous Owner: EDWARDS LISA M TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 406000

Zoning

  • Zoning: PUD

Geography

  • District: I
  • Parcel: I -09-13-410-059
  • Block: 410
  • Lot: 59
  • Meridian: SEC 13 TWN 2S RNG 6E
  • Municipality: ANN ARBOR TWP
  • Latitude: 42.3069
  • Longitude: -83.6653

    Address

  • Full Address: 4927 Ravine Ct
  • Address - House Number: 4927
  • Address - Street Name: Ravine
  • Address - Suffix Type: Ct
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: R030
  • 4-Digit Zip Code: 9442
  • Zip Code: 48105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,082
  • Tax Rate Code Area: 8101

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 633,183
  • High Value: 744,748
  • Low Value: 521,618

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $508,100
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jul 03, 2017
  • First Open Lien Mortgage Loan Amount: $289,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047
  • Second Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Second Open Lien Mortgage Recording Date: Nov 16, 2020
  • Second Open Lien Mortgage Loan Amount: $218,900
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $507,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2017
  • Current Sale Recording Date: Jul 03, 2017
  • Current Sale Transaction ID: 1589751723
  • Current Sale Price: $482,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6379973
  • Previous Sale Recording Date: Jul 25, 2000
  • Previous Sale Contract Date: Jul 07, 2000
  • Previous Sale Amount: $326,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jul 03, 2017
  • First Mortgage Loan Amount: $289,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 4927 Ravine Court located in?
The 4927 Ravine Court is a located in the neighborhood of Ann Arbor in Washtenaw, Ann Arbor.
What is the average sales price for listings in 4927 Ravine Court?
The average sales price for units in 4927 Ravine Court is $0 currently.

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