tomo logo

$1,400,000

Beds
4
Baths
3.5
sq ft
3,312

24 Ridgeway St, Ann Arbor, MI 48104

24 Ridgeway St

Ann Arbor, MI 48104

  • 53 days on market
Walk to the Arb or campus from this delightful light-filled historic home nestled on a quiet street north of Geddes. Thoughtful updates respect the character of this 1935 gem, maintaining its original linenfold woodwork, gleaming hardwood, & 3 fireplaces. Pass through a landscaped courtyard to enter the formal foyer w/generous closets. Updated chef's kitchen boasts green slate counters, SS Viking & Subzero, butcher block island, & ceramic tile floor. Spacious living room w/fireplace & formal dining both open onto screened porch. Primary suite features remodeled bath (2023), fireplace, &private office w/treetop views. Three add'l bdrms & 2 full baths. Tiled powder rm is situated for privacy & convenience. Lower-level family rm offers fireplace & built-ins, w/space for multiple activities.Private, landscaped grounds. New roof (2021), attic insulation & ventilation (2021), basement system (2024). This home is a one-of-a-kind opportunity. Home Energy Score of 1. Download report at stream.a2gov.org.

Details

Property type

Single Family Residence

Est. home value

$1,356,418

Lot size

0.26 acres

Price per sq ft

$423

Year built

1935

Annual property taxes

$26,389

Price History

01/03/2025
Realcomp

Realcomp #81024062522

Listed
$1,400,000
12/20/2024
Realcomp

Realcomp #81024062522

Pending
$1,400,000
12/10/2024
Realcomp

Realcomp #81024062522

Listed
$1,400,000
+40%

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

$711,565
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$576,435
Cash to seller
$711,565

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

Seller’s Loan History

Lender

Bank Of Ann Arbor

Loan start date

March 2021

Original loan amount

$744,000

Est. remaining balance

$576,435

Interest rate

2.19%

Loan type

New Conventional, 15 year

Seller

Jordan Rosefigura and Michael Green

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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Status: Active

Tomo last checked: 02/02/2025 at 8:55 AM

Listing updated: 02/01/2025 at 12:24 AM

Listed by: Leanne Wade, Howard Hanna Real Estate Phone #: (734) 761-6600

MLS: Realcomp #81024062522

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