1221 Island Dr
Ann Arbor, MI 48105
2 bd 1 ba 871 sqft Built 1964 condos
Most recent sale
$273,000
Jun 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 2, 2022 | Sold | $273,000 | MLS #3285912 |
| Apr 26, 2022 | Price changed | $275,000 | MLS #3285912 |
| Feb 1, 2022 | Listed | $279,000 | MLS #3285912 |
| Jul 15, 2021 | Sold | $270,000 | Public Record |
| Jun 10, 2015 | Sold | $179,000 | Public Record |
| Mar 17, 2015 | Listing removed | $185,000 | Realcomp |
| Mar 5, 2015 | Listed | $185,000 | MLS #215018629 |
| Jul 29, 2011 | Listing removed | $163,500 | AnnArbor |
| Jul 6, 2011 | Sold | $163,500 | Public Record |
| Mar 10, 2011 | Listed | $163,500 | MLS #3101720 |
| Jun 6, 2007 | Sold | $150,000 | Public Record |
| Jul 1, 2002 | Sold | $117,000 | Public Record |
| Jul 18, 2001 | Sold | $108,000 | Public Record |
| Jan 7, 2000 | Sold | $90,000 | Public Record |
| Oct 5, 1990 | Sold | $44,500 | Public Record |
| Sep 1, 1990 | Sold | $44,500 | Public Record |
| Aug 1, 1984 | Sold | $44,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $120,200 | $5,488 |
| 2024 | — | — | $120,200 | $6,344 |
| 2023 | — | — | $112,800 | $5,839 |
| 2022 | — | — | $99,700 | $5,070 |
| 2021 | — | — | $105,000 | $4,048 |
| 2020 | — | — | $98,700 | $4,606 |
| 2019 | — | — | $95,500 | $4,383 |
| 2018 | — | — | $86,600 | $4,321 |
| 2017 | — | — | $90,800 | $4,356 |
| 2016 | — | — | $87,100 | $4,202 |
| 2015 | — | — | $86,500 | $3,883 |
| 2014 | — | — | $82,400 | $3,825 |
| 2013 | — | — | $80,400 | $3,657 |
| 2012 | — | — | $79,200 | $3,652 |
| 2011 | — | — | $79,000 | $3,419 |
| 2010 | — | — | $73,700 | $3,371 |
| 2009 | — | — | $73,700 | $3,364 |
| 2008 | — | — | $75,300 | $3,094 |
| 2007 | — | — | $73,800 | $2,580 |
Property facts
Year built
1964
Property type
condos
Stories
—
Beds
2
Baths
1
Living area
871 sqft
Lot size
—
ZIP code
48105
City
Ann Arbor
Street
Island Dr
Coordinates
42.29072, -83.73084
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
$1,307
Gross rental yield
5.75%
Implied cap rate
3.73%
Trend-extrapolated value
—
Frequently asked questions
When did 1221 Island Dr last sell?
1221 Island Dr most recently sold on Jun 2, 2022 for $273,000.
What is the current tax assessment for 1221 Island Dr?
The most recent total assessment for 1221 Island Dr (year 2025) is $120,200 with $5,488 in property tax.
How does 1221 Island Dr's assessment compare to its last sale price?
The current assessment is 56.0% below the last sale price of $273,000.
When was 1221 Island Dr built?
1221 Island Dr was built in 1964.
How does 1221 Island Dr compare to others on Island Dr?
We track 8 other properties on Island Dr. Browse the list under "Other properties on Island Dr" to compare beds, baths, and sale history.
What are the property facts for 1221 Island Dr?
1221 Island Dr is a 2 bed, 1 bath, 871 sqft condos.
Is 1221 Island Dr a flip candidate?
No — 1221 Island Dr does not appear in our flips dataset.
Is 1221 Island Dr a tax-appeal candidate?
No — 1221 Island Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.3%
2026 Q3
$697.9K
2026 Q4
$707.8K
ZIP 48105 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Island Dr