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315 2nd St

Ann Arbor, MI 48103

2 bd 2 ba 1,577 sqft Built 2005 condos
Most recent sale
$805,000
May 30, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 30, 2024 Sold $805,000 Realcomp
May 7, 2024 Listed $813,949 Realcomp
Jul 13, 2012 Listing removed $495,000 AnnArbor
Jul 13, 2012 Sold $467,000 Public Record
Jul 9, 2012 Sold $467,000 MichRic
Apr 19, 2012 Listed $495,000 AnnArbor
Apr 23, 2008 Sold $545,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $347,500 $18,430
2021 $336,900 $17,910
2020 $342,300 $17,346
2019 $348,200 $16,546
2018 $340,300 $16,233
2017 $336,500 $15,660
2016 $317,700 $15,259
2015 $295,200 $14,887
2014 $264,400 $14,632
2013 $238,200 $14,112
2012 $231,500 $10,504
2011 $221,800 $10,148
2009 $252,000 $11,501
2008 $250,000 $10,272
2007 $250,000 $10,331

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,577 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
$4,830
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 315 2nd St last sell?
315 2nd St most recently sold on May 30, 2024 for $805,000.
What is the current tax assessment for 315 2nd St?
The most recent total assessment for 315 2nd St (year 2022) is $347,500 with $18,430 in property tax.
How does 315 2nd St's assessment compare to its last sale price?
The current assessment is 56.8% below the last sale price of $805,000.
When was 315 2nd St built?
315 2nd St was built in 2005.
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 2 bed, 2 bath, 1,577 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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