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315 Second St

Ann Arbor, MI 48103

2 bd 2 ba 1,179 sqft Built 2005 Lot 41,382 sqft condos
Most recent sale
$644,000
Mar 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 19, 2024 Sold $644,000 MichRic
Feb 12, 2024 Listed $639,900 MichRic
Jan 28, 2019 Sold $590,000 Public Record
Jan 31, 2007 Sold $423,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $269,500 $17,887
2021 $261,600 $17,429
2020 $266,900 $17,464
2019 $271,100 $12,725
2018 $268,700 $12,485
2017 $262,100 $12,044
2016 $247,700 $11,735
2015 $230,500 $11,449
2014 $206,900 $11,253
2013 $186,800 $10,854
2012 $181,700 $10,651
2011 $174,200 $10,311
2009 $197,900 $11,740
2008 $196,400 $9,427
2007 $193,400 $6,901

Property facts

Year built
2005
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,179 sqft
Lot size
41,382 sqft
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
$3,864
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 Mar 19, 2024 for $644,000.
What is the current tax assessment for 315 Second St?
The most recent total assessment for 315 Second St (year 2022) is $269,500 with $17,887 in property tax.
How does 315 Second St's assessment compare to its last sale price?
The current assessment is 58.2% below the last sale price of $644,000.
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 2 bed, 2 bath, 1,179 sqft, 41,382 sqft lot 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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