Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the region between Sep. 30 and Oct. 6. In this article, we outline recent property sales in Ann Arbor, all of which featured homes under $500,000.
Below, we provide an overview of the top five properties in each area, chosen for their proximity to the desired price range and the largest living spaces.
Please note that the properties in the list below are for real estate sales where the title was recorded during the week of Sep. 30, even if the property may have been sold earlier.
1. $498K, 3 bedrooms / 4 bathrooms
Situated at 1261 Laurel View Drive, this condominium, consisting of three bedrooms and four baths, was sold in September for a price of $498,000, translating to $232 per square foot. The property was constructed in 1989 and offers a living area of 2,142 square feet. The deal was finalized on Sept. 20.
2. $478K, 3 bedrooms / 4 baths
In September, a single-family home, with three bedrooms and four baths, located at 2547 W. Towne Street, changed ownership. The property, covering 1,869 square feet, was built in 2018 and was sold for $478,000, which calculates to $256 per square foot. The lot size encompasses 835 square feet. The deal was finalized on Sept. 17.
3. $450K, 3 bedrooms / 3 bathrooms
For a price tag of $450,000 ($258 per square foot), the condominium, built in 2005 and located at 2067 Liberty Heights changed hands in September. The home spans 1,747 square feet of living area, with three bedrooms and three bathrooms. The deal was finalized on Sept. 23.
4. $410K, 3 bedrooms / 3 baths
At $410,000 ($305 per square foot), the detached house located at 2750 Waters Road offered another opportunity below the targeted price range when it changed hands in September. This property, built in 2001, provides 1,344 square feet of living space, featuring three bedrooms and three baths, and sits on a 2.7-acre lot. The deal was finalized on Sept. 23.
5. $340K, 2 bedrooms / 3 baths
The condominium located at 216 Lyn Anne Court offered an option at $340,000, (which equates to $310 per square foot). This property features 1,096 square feet of living area, with two bedrooms and three baths, with construction completed in 1988. The deal was finalized on Sept. 24.
Real Estate Newswire is a service provided by United Robots, which uses machine learning to generate analysis of data from Propmix, an aggregator of national real-estate data.
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