515 5th Ave
Ann Arbor, MI 48104
2 bd 2 ba 903 sqft Built 2014 condos
Most recent sale
$460,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 1, 2022 | Sold | $460,000 | Realcomp |
| Aug 31, 2022 | Sold | $460,000 | Public Record |
| Aug 1, 2022 | Price changed | $485,000 | MLS #20221008428 |
| Jul 27, 2022 | Relisted | $499,900 | MLS #20221008428 |
| Jul 12, 2022 | Price changed | $499,900 | MLS #20221008428 |
| Jun 24, 2022 | Listed | $524,900 | MLS #20221008428 |
| Dec 26, 2019 | Sold | $400,000 | MLS #3265326 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $222,900 | $9,232 |
| 2020 | — | — | $206,100 | $10,505 |
Property facts
Year built
2014
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
903 sqft
Lot size
—
ZIP code
48104
City
Ann Arbor
Street
5th Ave
Coordinates
42.28536, -83.74610
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,760
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 515 5th Ave last sell?
515 5th Ave most recently sold on Aug 31, 2022 for $460,000.
What is the current tax assessment for 515 5th Ave?
The most recent total assessment for 515 5th Ave (year 2021) is $222,900 with $9,232 in property tax.
How does 515 5th Ave's assessment compare to its last sale price?
The current assessment is 51.5% below the last sale price of $460,000.
When was 515 5th Ave built?
515 5th Ave was built in 2014.
How does 515 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 515 5th Ave?
515 5th Ave is a 2 bed, 2 bath, 903 sqft condos.
Is 515 5th Ave a flip candidate?
No — 515 5th Ave does not appear in our flips dataset.
Is 515 5th Ave a tax-appeal candidate?
No — 515 5th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$612.1K
2026 Q4
$610.2K
ZIP 48104 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 5th Ave