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702 Peninsula Court

702 Peninsula Court, Ann Arbor, MI 48105
Sold Jul 27, 2016
$185,000
$148,000 by Bank Of Ann Arbor
Mortgage Due Aug 01, 2046
702 Peninsula Court in Ann Arbor, MI was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 702 Peninsula Court has 1,152 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 260 sqft. There is one available parking space. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Jul 22, 2016 for $185,000. That's $160.59 per sqft. 702 Peninsula Court was last assessed in 2023. The total value of the property was assessed at $114,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,339. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEDDES LAKE CONDOMINIUMS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT #103 GEDDES LAKE CONDOMINIUMS SPLIT ON 09/04/2008 FROM 09-09-26-200-005,09-09-26-200-006;

Ownership

  • Current Owner : HARMON DEREK J
  • Previous Owner : LI AMY Y
  • Previous Owner 2: BARKETT PETER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ann Arbor Public Schools
  • School Tax School District: ANN ARBOR
  • Census Tract: 402300

Zoning

  • Zoning: R3

Geography

  • District: 09
  • Parcel: 09-09-26-204-103
  • Block: 204
  • Meridian: SEC 26 TWN 2S RNG 6E
  • Municipality: ANN ARBOR CITY
  • Latitude: 42.2837
  • Longitude: -83.6982

    Address

  • Full Address: 702 Peninsula Ct
  • Legal Unit: 103
  • Address - House Number: 702
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Ct
  • State: MI
  • City Name: Ann Arbor
  • Carrier Code: C002
  • 4-Digit Zip Code: 2508
  • Zip Code: 48105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,339
  • Tax Rate Code Area: 09

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 75
  • Final Value: 286,766
  • High Value: 339,542
  • Low Value: 233,991

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,000
  • First Open Lien Mortgage Lender: BANK OF ANN ARBOR
  • First Open Lien Mortgage Recording Date: Jul 27, 2016
  • First Open Lien Mortgage Loan Amount: $148,000
  • 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: Aug 01, 2046

    Market Valuation

  • Market Total Value: $228,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2016
  • Current Sale Recording Date: Jul 27, 2016
  • Current Sale Transaction ID: 1768756162
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6328453

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ANN ARBOR
  • First Mortgage Transaction Date: Jul 27, 2016
  • First Mortgage Loan Amount: $148,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 702 Peninsula Court located in?
The 702 Peninsula Court is a located in the neighborhood of Geddes Lake Condominiums in Northeast Ann Arbor, Ann Arbor.
What is the average sales price for listings in 702 Peninsula Court?
The average sales price for units in 702 Peninsula Court is $0 currently.

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