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123 Luella Ave

Ann Arbor, MI 48103

3 bd 3 ba 2,040 sqft Built 2021 Lot 9,148 sqft single_family
Most recent sale
$510,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2026 Listed $570,000 MichRic
Sep 1, 2022 Listing removed $3,250 AnnArbor
Aug 15, 2022 Sold $510,000 MLS #3288307
Aug 14, 2022 Relisted $3,250 MLS #3288309
Jul 26, 2022 Relisted $3,250 MLS #3288309
Jul 18, 2022 Relisted $3,250 MLS #3288309
Jul 8, 2022 Relisted $3,250 MLS #3288309
Jun 30, 2022 Sold $510,000 Public Record
Jun 26, 2022 Relisted $3,250 MLS #3288309
Jun 10, 2022 Relisted $3,250 MLS #3288309
May 25, 2022 Listed $429,000 MLS #3288307
May 25, 2022 Listed for rent $3,250 AnnArbor
May 18, 2022 Listing removed $3,200 AnnArbor
Mar 7, 2022 Listing removed $429,000 AnnArbor
Nov 12, 2020 Sold $50,000 Public Record
Nov 10, 2020 Listed $55,000 MLS #3274999
Nov 9, 2020 Sold $50,000 MLS #3274999
Oct 8, 2020 Price changed $55,000 MLS #3274999
Jul 24, 2020 Listed $65,000 MLS #3274999
Jul 18, 2020 Listing removed $65,000 AnnArbor
Feb 7, 2020 Listed $65,000 MLS #3271071

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $27,000 $913
2020 $27,000 $1,094
2019 $27,000 $1,156
2018 $27,000 $1,160
2017 $27,000 $1,160
2016 $27,000 $1,155
2015 $27,000 $1,147
2014 $27,000 $481
2013 $27,000 $467
2012 $27,000 $379
2011 $30,000 $366
2010 $30,000 $357
2009 $30,000 $356
2008 $30,000 $265

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,040 sqft
Lot size
9,148 sqft
ZIP code
48103
City
Ann Arbor
Street
Luella Ave
Coordinates
42.28523, -83.82947

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,060
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 123 Luella Ave last sell?
123 Luella Ave most recently sold on Aug 15, 2022 for $510,000.
What is the current tax assessment for 123 Luella Ave?
The most recent total assessment for 123 Luella Ave (year 2021) is $27,000 with $913 in property tax.
How does 123 Luella Ave's assessment compare to its last sale price?
The current assessment is 94.7% below the last sale price of $510,000.
When was 123 Luella Ave built?
123 Luella Ave was built in 2021.
How does 123 Luella Ave compare to others on Luella Ave?
We track 5 other properties on Luella Ave. Browse the list under "Other properties on Luella Ave" to compare beds, baths, and sale history.
What are the property facts for 123 Luella Ave?
123 Luella Ave is a 3 bed, 3 bath, 2,040 sqft, 9,148 sqft lot single_family.
Is 123 Luella Ave a flip candidate?
Yes — 123 Luella Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 123 Luella Ave a tax-appeal candidate?
No — 123 Luella 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
+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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