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315 Second St

Ann Arbor, MI 48103

2 bd 2 ba 1,179 sqft Built 2005 condos
Most recent sale
$636,773
Apr 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2024 Sold $636,773 MichRic
Mar 15, 2024 Listed $639,900 MichRic
Feb 7, 2018 Sold $565,500 AnnArbor
Oct 16, 2017 Sold $565,500 MichRic
Aug 18, 2017 Listed $579,000 AnnArbor
Aug 15, 2015 Listing removed $3,200 RentlinxUnits
Jul 23, 2015 Price changed (rent) $3,200 RentlinxUnits
Jul 8, 2015 Price changed (rent) $3,400 RentlinxUnits
Jun 26, 2015 Sold $520,000 Public Record
Jun 17, 2015 Listing removed $525,000 AnnArbor
Jun 12, 2015 Sold $520,000 MichRic
Jun 12, 2015 Listed for rent $3,600 RentlinxUnits
May 8, 2015 Listed $525,000 AnnArbor
Feb 23, 2007 Sold $425,160 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $265,700 $17,635
2021 $257,900 $17,183
2020 $263,300 $17,076
2019 $267,500 $16,288
2018 $250,100 $15,980
2017 $239,100 $14,370
2016 $226,300 $14,002
2015 $210,900 $8,172
2014 $190,000 $8,049
2013 $172,100 $7,695
2012 $167,600 $7,620
2011 $160,900 $7,361
2009 $182,600 $8,333
2008 $181,300 $7,449
2007 $181,300 $5,439

Property facts

Year built
2005
Property type
condos
Stories
5
Beds
2
Baths
2
Living area
1,179 sqft
Lot size
ZIP code
48103
City
Ann Arbor
Street
Second St
Coordinates
42.27837, -83.75147

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
$3,821
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 315 Second St last sell?
315 Second St most recently sold on Apr 5, 2024 for $636,773.
What is the current tax assessment for 315 Second St?
The most recent total assessment for 315 Second St (year 2022) is $265,700 with $17,635 in property tax.
How does 315 Second St's assessment compare to its last sale price?
The current assessment is 58.3% below the last sale price of $636,773.
When was 315 Second St built?
315 Second St was built in 2005.
How does 315 Second St compare to others on Second St?
We track 8 other properties on Second St. Browse the list under "Other properties on Second St" to compare beds, baths, and sale history.
What are the property facts for 315 Second St?
315 Second St is a 2 bed, 2 bath, 1,179 sqft condos.
Is 315 Second St a flip candidate?
No — 315 Second St does not appear in our flips dataset.
Is 315 Second St a tax-appeal candidate?
No — 315 Second St 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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