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$495,000

Beds
4
Baths
3.0
sq ft
1,194

1235 Kensington Dr, Ann Arbor, MI 48104

1235 Kensington Dr

Ann Arbor, MI 48104

  • 48 days on market
    • Price drop $15,000↓
Location, location! Walking distance to York Food and Drink, Frazie's Pub, RoosRoast Coffee and The Big House! Welcome home to this stunning open-concept ranch. No detail is left to complete! Bay window allowing sunshine into the large living room area. Dream kitchen boasts stainless steel appliances, ample storage and elegant quartz countertops, perfect for your culinary needs. Enjoy the primary bedroom with direct access to the private deck and fenced backyard. Downstairs with separate entrance is your opportunity to rent out a 1 bedroom AIRBNB or rental. This would be perfect for a grad student or football weekend rental. Opportunity awaits you! This neighborhood is going through revitalization watch your investment increase with the neighborhood.

Details

Property type

Single Family Residence

Est. home value

$439,871

Lot size

8,712 sq ft

Price per sq ft

$415

Year built

1941

Annual property taxes

$9,069

Price History

02/27/2025
Realcomp

Realcomp #81025003130

Price change
$495,000
-2.94%
02/22/2025
Realcomp

Realcomp #81025003130

Listed
$510,000
02/14/2025
Realcomp

Realcomp #81025003130

Pending
$510,000

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

$32,754
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$422,646
Cash to seller
$32,754

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

Seller’s Loan History

Lender

Ruoff Mortgage Company Inc

Loan start date

June 2023

Original loan amount

$431,475

Est. remaining balance

$422,646

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Zachary Schoppen

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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1940 Miller Ave, Ann Arbor, MI 48103

Status: Active

Tomo last checked: 03/17/2025 at 6:40 AM

Listing updated: 03/16/2025 at 4:19 PM

Listed by: Diana Watches, Keller Williams Ann Arbor Phone #: (734) 995-9400

MLS: Realcomp #81025003130

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