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315 2nd St

Ann Arbor, MI 48103

1 bd 2 ba 1,183 sqft Built 2006 condos
Most recent sale
$535,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $535,000 MLS #3288134
May 20, 2022 Listed $535,000 MLS #3288134
Feb 7, 2018 Sold $499,500 MLS #3247244
Jul 27, 2017 Sold $499,500 Public Record
Jul 25, 2017 Sold $499,500 MichRic
Jun 8, 2017 Price changed $499,500 MLS #3247244
May 10, 2017 Price changed $535,000 MLS #3247244
Mar 23, 2017 Listed $550,000 MLS #3247244
Nov 20, 2013 Sold $423,000 Public Record
Nov 19, 2013 Listing removed $430,000 AnnArbor
Nov 15, 2013 Sold $423,000 MichRic
Oct 15, 2013 Listing removed $2,900 AnnArbor
Oct 1, 2013 Listed for rent $2,900 AnnArbor
Sep 30, 2013 Listed $430,000 MLS #3216888
Feb 15, 2007 Sold $365,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $238,500 $10,536
2020 $243,100 $12,391
2019 $247,000 $12,107
2018 $239,200 $11,937
2017 $232,600 $9,367
2016 $219,900 $9,037
2015 $204,700 $8,737
2014 $183,800 $8,606
2013 $166,000 $7,409
2012 $161,500 $7,336
2011 $154,900 $7,087
2010 $166,900 $7,658
2009 $176,000 $8,032
2008 $174,600 $7,174

Property facts

Year built
2006
Property type
condos
Stories
Beds
1
Baths
2
Living area
1,183 sqft
Lot size
ZIP code
48103
City
Ann Arbor
Street
2nd St
Coordinates
42.27837, -83.75147

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,775
Gross rental yield
3.98%
Implied cap rate
2.59%
Trend-extrapolated value

Frequently asked questions

When did 315 2nd St last sell?
315 2nd St most recently sold on Jul 6, 2022 for $535,000.
What is the current tax assessment for 315 2nd St?
The most recent total assessment for 315 2nd St (year 2021) is $238,500 with $10,536 in property tax.
How does 315 2nd St's assessment compare to its last sale price?
The current assessment is 55.4% below the last sale price of $535,000.
When was 315 2nd St built?
315 2nd St was built in 2006.
How does 315 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 315 2nd St?
315 2nd St is a 1 bed, 2 bath, 1,183 sqft condos.
Is 315 2nd St a flip candidate?
No — 315 2nd St does not appear in our flips dataset.
Is 315 2nd St a tax-appeal candidate?
No — 315 2nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$666.5K
2026 Q4
$677.3K
ZIP 48103 — Median Price History + Forecast

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