tomo logo

$469,000

Beds
1
Baths
1.0
sq ft
922

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

111 N Ashley St Unit 510

Ann Arbor, MI 48104

  • 28 days on market
    • Price drop $26,000↓
Appealing 1 bedroom corner condo on 5th floor in popular 111 N Ashley (Ashley Terrace) has great, open views! Pristine, move-in ready & improved with new hardwood floors throughout. Nice, open floor plan has comfortable, light-filled living spaces with multiple windows, and a private terrace to enjoy terrific views of the Huron River Valley & Northwest Ann Arbor. Upgraded kitchen has rich wood cabinets, granite countertops with a snack bar area, stainless steel appliances & an extra window for light & views. The spacious bedroom has an ample closet, ceiling fan & hardwood floors. Pristine tiled full bath & private laundry in unit. Deeded parking space in heated garage & secure storage unit are included. Secure lobby with mailboxes, package drop area, 2 elevators & onsitemaintenance/management allow for an easy lifestyle & living. Association fee includes heat, water & sewer, trash, snow & building maintenance at a reasonable rate. This building has a terrific location, with easy walk to restaurants, shopping & UM campus. This is an adorable condo!

Details

Property type

Condominium

Est. home value

$477,545

Lot size

Unknown

Price per sq ft

$509

Year built

2007

Annual property taxes

$11,246.98

Monthly HOA fee

$331

Price History

06/29/2024
Realcomp

Realcomp #81024028061

Price change
$469,000
-5.25%
06/04/2024
Realcomp

Realcomp #81024028061

Listed
$495,000
+16.47%
06/13/2019
Realcomp

Realcomp #543264271

Sold
$425,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

$111,496
Asking price
$469,000
Closing costs (~8% of asking)
-$37,520
Est. remaining loan balance
-$319,984
Cash to seller
$111,496

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

$319,984

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?

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315 2nd St Unit 213, Ann Arbor, MI 48103

Status: Active

Tomo last checked: 07/02/2024 at 7:00 PM

Listing updated: 06/29/2024 at 5:23 PM

Listed by: Elizabeth Brien, Phone #: (734) 665-0300

MLS: Realcomp #81024028061

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