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2307 Fernwood Ave

Ann Arbor, MI 48104

1 bd 1 ba 614 sqft Built 1945 condos
Most recent sale
$171,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $171,000 MLS #3286398
Mar 11, 2022 Listed $160,000 MLS #3286398
Feb 7, 2018 Sold $80,000 MLS #3236397
Jan 8, 2016 Sold $80,000 Public Record
Jan 7, 2016 Sold $80,000 MichRic
Nov 28, 2015 Listed $79,900 MLS #3236397
Apr 2, 2010 Listing removed $725 AnnArbor
Mar 16, 2010 Listed for rent $725 AnnArbor
Mar 16, 2010 Listed $58,000 MLS #3002416
Mar 9, 2010 Listing removed $65,000 AnnArbor
Dec 8, 2009 Listed $65,000 MLS #2911069

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $90,600 $3,890
2024 $90,600 $4,426
2023 $78,700 $4,074
2022 $72,700 $2,321
2021 $69,000 $1,952
2020 $65,800 $2,221
2019 $54,200 $2,113
2018 $44,600 $2,084
2017 $40,900 $2,027
2016 $34,600 $1,289
2015 $32,200 $1,613
2014 $30,300 $1,585
2013 $27,000 $1,529
2012 $25,200 $1,500
2011 $26,200 $1,543
2010 $25,700 $1,524

Property facts

Year built
1945
Property type
condos
Stories
Beds
1
Baths
1
Living area
614 sqft
Lot size
ZIP code
48104
City
Ann Arbor
Street
Fernwood Ave
Coordinates
42.25402, -83.69189

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
$921
Gross rental yield
6.46%
Implied cap rate
4.20%
Trend-extrapolated value

Frequently asked questions

When did 2307 Fernwood Ave last sell?
2307 Fernwood Ave most recently sold on Apr 22, 2022 for $171,000.
What is the current tax assessment for 2307 Fernwood Ave?
The most recent total assessment for 2307 Fernwood Ave (year 2025) is $90,600 with $3,890 in property tax.
How does 2307 Fernwood Ave's assessment compare to its last sale price?
The current assessment is 47.0% below the last sale price of $171,000.
When was 2307 Fernwood Ave built?
2307 Fernwood Ave was built in 1945.
How does 2307 Fernwood Ave compare to others on Fernwood Ave?
We track 8 other properties on Fernwood Ave. Browse the list under "Other properties on Fernwood Ave" to compare beds, baths, and sale history.
What are the property facts for 2307 Fernwood Ave?
2307 Fernwood Ave is a 1 bed, 1 bath, 614 sqft condos.
Is 2307 Fernwood Ave a flip candidate?
No — 2307 Fernwood Ave does not appear in our flips dataset.
Is 2307 Fernwood Ave a tax-appeal candidate?
No — 2307 Fernwood Ave 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
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$612.1K
2026 Q4
$610.2K
ZIP 48104 — Median Price History + Forecast

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