Check Availability
$425,000
↓ $50K (10.5%)
● Land - For Sale

517 2nd Street

Ann Arbor, MI 48103
bedrooms
Studio
bathrooms
0 Bath
$2,279
Est. Monthly

About This Property

Bring your builder and your dreams - rare opportunities like this seldom come along in Ann Arbor's beloved Old West Side neighborhood. This property offers the chance to build a brand new home designed for modern living while surrounded by the timeless charm of beautifully preserved early 1900s homes. Zoned R2A, the property also includes a driveway easement and provides exceptional depth creating many possibilities.    Life on the Old West Side is about more than a home, it's about becoming part of one of Ann Arbor's most treasured neighborhoods. Quiet, tree-lined streets, welcoming front porches, and a true sense of community create an atmosphere that's increasingly hard to find. Just around the corner, neighbors gather at Jefferson Market for brunch and conversation. Situated nearby is Argus Farm Stop offering locally sourced groceries, fresh flowers, cappuccinos, and pastries. After dinner, hop on over to the Washtenaw Dairy or Blank Slate Creamery for a sweet treat. In this exceptional location, you're right in the heart of it all, a short walk to downtown Ann Arbor, Kerrytown, the University of Michigan campus, Michigan Stadium (The Big House), parks, restaurants, shops, and countless local favorites. Build the home you've always imagined in a place where new beginnings are almost unheard of.
Unit Size
-
Days on Market
116 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$191
HOA Dues
-
Year Built
-

Listed By

Talia Anderson
Coldwell Banker Realty
Aleksandr Milshteyn
Aleksandr Milshteyn
Coldwell Banker Realty Ann Arbor

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Last updated: 2 months ago (MichRIC MLS #26036080)

Price History

Date / Event Date Event Price
Sep 19, 2026 Price Decreased $425,000
↓ $50K (10.5%)
Price Decreased
Jul 15, 2026 Listed by Real Estate One Inc $475,000
Listed by Real Estate One Inc

Property Highlights

Exterior Details
Lot Size Area: 0.09
Lot Size Units: Acres
Lot Size Acres: 0.09
Lot Size Square Feet: 3960
Lot Size Dimensions: 30x132
Water Source: Public
Financial Details
Tax Assessed Value: $33,518
Tax Annual Amount: $2,295
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,964
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 300
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: WILLIAM S MAYNARDS ADD
  • Land Acres: 0000000091
  • Standard Land Use Code: 8001
  • County Land Use Code: 402
  • Legal Description 1: S 30 FT LOT 3 B5S R1E WILLIAM S MAYNARDS ADDN

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 400600

Zoning

  • Zoning: R2A

Geography

  • District: 09
  • Parcel: 09-09-29-317-016
  • Block: 317
  • Lot: 3
  • Meridian: SEC 29 TWN 2S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.2754
  • Longitude: -83.7519

    Address

  • Full Address: 517 2nd St
  • Address - House Number: 517
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C008
  • 4-Digit Zip Code: 4953
  • Zip Code: 48103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $157,454
  • Tax Rate Code Area: 09

    Market Valuation

  • Market Total Value: $96,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,300

    Sales

  • Current Sale Contract Date: Feb 09, 2002
  • Current Sale Recording Date: Feb 22, 2002
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Ann Arbor


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998 Catherine Street, Ann Arbor, MI, 48104 Listing by Robert Ziegler


Frequently Asked Questions

When was property at 517 2nd Street built and last sold?
The property at 517 2nd Street was built in and last sold on Feb 9, 2002 for $0.
How much is this home worth?
The estimated value of the home located at 517 2nd Street is $429,250.
What are some comparable homes to 517 2nd Street?
There are currently no comparable homes to 517 2nd Street.