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315 Second St

Ann Arbor, MI 48103

1 bd 2 ba 906 sqft Built 2005 condos
Most recent sale
$599,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 14, 2026 Listed $550,000 MichRic
Aug 9, 2022 Sold $599,000 Public Record
Aug 4, 2022 Sold $599,000 MichRic
Jun 12, 2022 Price changed $599,000 MLS #3288322
May 26, 2022 Listed $629,000 MLS #3288322
Mar 23, 2022 Sold $600,000 MLS #3286749
Feb 7, 2018 Sold $504,000 MLS #3249715
Jul 20, 2017 Sold $503,636 Public Record
Jul 18, 2017 Sold $504,000 MichRic
Jun 28, 2017 Listing removed $3,100 AnnArbor
Jun 14, 2017 Listed $518,900 MLS #3249715
May 16, 2017 Listed for rent $3,100 AnnArbor

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $230,800 $10,196
2020 $236,500 $12,054
2019 $240,100 $11,677
2018 $230,700 $11,512
2017 $218,600 $10,274
2016 $207,200 $10,205
2015 $193,300 $9,767
2014 $174,800 $9,600
2013 $158,700 $9,342
2012 $154,700 $7,037
2011 $148,600 $6,799
2010 $160,500 $7,364
2009 $169,000 $7,713
2008 $168,100 $6,907

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
1
Baths
2
Living area
906 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
$3,594
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 Aug 9, 2022 for $599,000.
What is the current tax assessment for 315 Second St?
The most recent total assessment for 315 Second St (year 2021) is $230,800 with $10,196 in property tax.
How does 315 Second St's assessment compare to its last sale price?
The current assessment is 61.5% below the last sale price of $599,000.
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 1 bed, 2 bath, 906 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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