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Washtenaw 48108
5291 Falling Leaf Drive
$220,000
● House - Off Market

5291 Falling Leaf Drive

Ann Arbor, MI 48108
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,749 Ft²
$496,916
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Well Maintained 4 Bed Home In Great Location! Hardwood Floors In Foyer, Powder Room And Kitchen. Gourmet Kitchen, Eating Area. 1 St Floor Laundry. Large Master Bedroom, Walk In Closet, Garden Tub And Shower. Seller Spend 40k To Finish Basement With Kitchen, Full Bathand Living Room. Convenient Location, Close To, Express Ways.,   Primary Bath, Rec Room: Finished
Unit Size
2,749 Ft²
Days on Market
-
Land Size
-
Price per sqft
$83
Property Type
House
Property Taxes
$312
HOA Dues
$21
Year Built
2001

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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 #39202)

Price History

Date / Event Date Event Price
May 9, 2022 Sold
Premium
Sold
Mar 21, 2022 Listed by IKL Real Estate LLC $425,000
Listed by IKL Real Estate LLC
May 30, 2012 Sold
Premium
Sold
Jan 21, 2012 Listed by IKL Real Estate LLC $229,000
Listed by IKL Real Estate LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 998
  • Garage Type: 7
  • Garage Square Area: 476
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,940
  • Building Area: 1,940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,940
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIDGEFIELD ESTATES
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: M.D. L3998 P917UNIT 60 BRIDGEFIELD ESTATESSPLIT ON 05/09/2001 FROM L -12-23-200-026;

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 415400

Geography

  • District: L
  • Parcel: L -12-23-210-060
  • Block: 210
  • Meridian: SEC 23 TWN 3S RNG 6E
  • Municipality: PITTSFIELD TWP
  • Latitude: 42.2118
  • Longitude: -83.695

    Address

  • Full Address: 5291 Falling Leaf Dr
  • Legal Unit: 60
  • Address - House Number: 5291
  • Address - Street Name: Falling Leaf
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: R015
  • 4-Digit Zip Code: 9122
  • Zip Code: 48108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $518,378
  • Tax Rate Code Area: L

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 518,060
  • High Value: 600,362
  • Low Value: 435,758

    Market Valuation

  • Market Total Value: $400,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6648584
  • Previous Sale Recording Date: May 30, 2012
  • Previous Sale Contract Date: May 03, 2012
  • Previous Sale Amount: $220,000
  • 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 Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 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 5940 Cayman Boulevard, Ypsilanti, MI, 48197

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,764 ft²
5940 Cayman Boulevard, Ypsilanti, MI, 48197 Listing by Zaid Alnaqash

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Imran Lateef, IKL Real Estate LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 39202
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 5291 Falling Leaf Drive built and last sold?
The property at 5291 Falling Leaf Drive was built in 2001 and last sold on Apr 27, 2022 for $502,500.
How much is this home worth?
The estimated value of the home located at 5291 Falling Leaf Drive is $0.
What are some comparable homes to 5291 Falling Leaf Drive?
There are currently no comparable homes to 5291 Falling Leaf Drive.
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