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$495,000

Beds
1
Baths
1.0
sq ft
922

111 N Ashley St Unit 510, Ann Arbor, MI 48104

111 N Ashley St Unit 510

AnnArborCity_Washtenaw, MI 48104

  • 10 days on market
Welcome to this beautifully maintained 1-bedroom corner unit perched on the 5th floor of the sought-after Ashley Terrace (111 N. Ashley). Move-in ready with modern updates, this condo features brand-new hardwood floors throughout, as well as a new A/C and furnace for year-round comfort.The open-concept layout is bathed in natural light, thanks to multiple windows and a private terrace showcasing stunning views of the Huron River Valley and Northwest Ann Arbor. The upgraded kitchen is equipped with rich wood cabinetry, granite countertops, a convenient snack bar, stainless steel appliances, and an additional window that brings in extra light and scenic vistas.The spacious bedroom offers hardwood floors, a generous closet, and a ceiling fan. A pristine, tiled full bathroom andprivate in-unit laundry add to the convenience. Enjoy a deeded parking space in the heated garage plus a secure storage unit. The secure lobby includes mailboxes, a package drop, two elevators, and onsite management and maintenance for effortless living. The monthly association fee covers heat, water, sewer, trash, snow removal, and building maintenance. Perfectly located within walking distance to downtown dining, shopping, and the UM campus. Parking spot is #31 on the P2 Level. The storage locker is #31 on the P3 Level. This charming condo is ready to be your new home!

Details

Property type

Condominium

Est. home value

$477,545

Lot size

Unknown

Price per sq ft

$537

Year built

2007

Annual property taxes

$10,473

Monthly HOA fee

$330.52

Price History

03/19/2025
Realcomp

Realcomp #81025010242

Listed
$495,000
+8.52%
07/25/2024
Realcomp

Realcomp #81024028061

Sold
$456,150
-2.74%
06/29/2024
Realcomp

Realcomp #81024028061

Price change
$469,000
-5.25%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

AnnArbor

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$141,280
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$314,120
Cash to seller
$141,280

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Key Bank Na

Loan start date

July 2021

Original loan amount

$341,600

Est. remaining balance

$314,120

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Cole J Anderson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/28/2025 at 3:20 PM

Listing updated: 03/27/2025 at 10:56 AM

Listed by: Trevor McIlwaine, Berkshire Hathaway HomeService Phone #: (734) 747-7500

MLS: Realcomp #81025010242

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