tomo logo

$519,900

Beds
1
Baths
1.5
sq ft
1,004

315 2nd St Unit 406, Ann Arbor, MI 48103

315 2nd St Unit 406

Ann Arbor, MI 48103

  • 6 days on market
This is Ann Arbor city living at its best! This north-facing 4th floor condo at Liberty Lofts enjoys plenty of natural light without the direct glare, so you can savor having a wall of windows spanning the living room, kitchen, and bedroom. This unit features the Madison floorplan, with an open main living space offering an upgraded kitchen with granite counters, stainless-steel appliances, and a sleek breakfast bar that doubles as serving or work space. Next door is the combo living/dining room with access to a balcony with sweeping views of downtown Ann Arbor and the Old West Side. The bedroom enjoys the expanse of windows on one side and a generous walk-through closet/dressing area and a private full bathroom on the other. A half bath for guests, laundry closet, and bonus storagecloset (which could also be a study/reading nook) complete the floorplan. Enjoy soaring ceilings, wood floors, and an industrial aesthetic throughout. This unit includes one reserved parking space in the attached heated garage and a storage unit. Liberty Lofts residents enjoy a secure building with an on-site fitness center and an incomparable location just steps from the incredible shopping and dining available downtown. Don't miss your chance to join Ann Arbor's quintessential urban living space at Liberty Lofts - schedule your showing today!

Details

Property type

Condominium

Est. home value

$510,735

Lot size

Unknown

Price per sq ft

$518

Year built

2005

Annual property taxes

$11,681.73

Monthly HOA fee

$467

Price History

02/25/2025
Realcomp

Realcomp #81025006740

Listed
$519,900
+21.47%
01/24/2018
Realcomp

Realcomp #217065075

Sold
$428,000
+2.15%
05/26/2015
Realcomp

Realcomp #543229296

Sold
$419,000

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

$184,705
Asking price
$519,900
Closing costs (~8% of asking)
-$41,592
Est. remaining loan balance
-$293,603
Cash to seller
$184,705

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 America Na

Loan start date

January 2018

Original loan amount

$342,400

Est. remaining balance

$293,603

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Pascale R Leroueil

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: 03/03/2025 at 6:35 PM

Listing updated: 03/03/2025 at 1:39 PM

Listed by: Aleksandr Milshteyn, Aleksandr Milshteyn, Real Estate OneReal Estate One Phone #: (734) 662-8600

MLS: Realcomp #81025006740

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