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1225 Island Dr

Ann Arbor, MI 48105

2 bd 1 ba 871 sqft Built 1964 condos
Most recent sale
$257,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2026 Listed $312,000 MichRic
Jun 1, 2022 Sold $257,000 Public Record
May 18, 2022 Sold $257,000 Realcomp
Apr 13, 2022 Listed $255,000 MLS #2220025734
Jun 4, 2014 Sold $170,000 Public Record
Jun 4, 2014 Listing removed $169,900 AnnArbor
Jun 3, 2014 Sold $170,000 MichRic
Mar 6, 2014 Listed $169,900 MLS #3219838
Aug 21, 2012 Listing removed $164,900 AnnArbor
May 24, 2012 Listed $164,900 MLS #3203872
Apr 28, 2004 Sold $141,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,200 $6,457
2024 $120,200 $8,228
2023 $112,800 $7,594
2022 $99,700 $4,814
2021 $105,000 $4,048
2020 $98,700 $4,606
2019 $95,500 $4,383
2018 $86,600 $4,321
2017 $90,800 $4,339
2016 $87,100 $4,186
2015 $86,500 $4,158
2014 $82,400 $4,208
2013 $80,400 $4,575
2012 $79,200 $4,490
2011 $79,000 $4,346
2010 $73,700 $4,295
2009 $73,700 $4,296
2008 $75,300 $3,330
2007 $73,800 $3,255

Property facts

Year built
1964
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
871 sqft
Lot size
ZIP code
48105
City
Ann Arbor
Street
Island Dr
Coordinates
42.29118, -83.73104

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
$1,307
Gross rental yield
6.10%
Implied cap rate
3.97%
Trend-extrapolated value

Frequently asked questions

When did 1225 Island Dr last sell?
1225 Island Dr most recently sold on Jun 1, 2022 for $257,000.
What is the current tax assessment for 1225 Island Dr?
The most recent total assessment for 1225 Island Dr (year 2025) is $120,200 with $6,457 in property tax.
How does 1225 Island Dr's assessment compare to its last sale price?
The current assessment is 53.2% below the last sale price of $257,000.
When was 1225 Island Dr built?
1225 Island Dr was built in 1964.
How does 1225 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 1225 Island Dr?
1225 Island Dr is a 2 bed, 1 bath, 871 sqft condos.
Is 1225 Island Dr a flip candidate?
No — 1225 Island Dr does not appear in our flips dataset.
Is 1225 Island Dr a tax-appeal candidate?
No — 1225 Island Dr 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
+1.6%
Implied 1-yr
+6.3%
2026 Q3
$697.9K
2026 Q4
$707.8K
ZIP 48105 — Median Price History + Forecast

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