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315 Second St

Ann Arbor, MI 48103

2 bd 2 ba 1,054 sqft Built 2005 condos
Most recent sale
$559,000
Mar 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2024 Listing removed $3,200 MichRic
Mar 8, 2024 Sold $559,000 MichRic
Feb 15, 2024 Listing removed $2,700 MichRic
Feb 1, 2024 Listed $559,000 MichRic
Nov 1, 2023 Listing removed $3,200 AnnArbor
Oct 13, 2023 Listed for rent $3,200 AnnArbor
Feb 13, 2021 Listing removed $2,700 AnnArbor
Nov 16, 2020 Sold $475,000 Public Record
Oct 18, 2020 Listed $499,900 AnnArbor
Oct 16, 2020 Sold $475,000 MichRic
Sep 16, 2020 Listing removed $500,000 AnnArbor
Jul 13, 2020 Listed $499,900 AnnArbor
Jun 17, 2020 Listing removed $515,000 AnnArbor
May 21, 2020 Listing removed AnnArbor
May 20, 2020 Relisted $515,000 AnnArbor
May 19, 2020 Listing removed $515,000 AnnArbor
Mar 11, 2020 Listed $515,000 AnnArbor
May 8, 2018 Sold $515,000 MichRic
Mar 31, 2018 Listed $519,000 AnnArbor
May 3, 2017 Listing removed $2,600 RentlinxUnits
Apr 8, 2017 Price changed (rent) $2,600 RentlinxUnits
Feb 4, 2017 Listed for rent $2,800 RentlinxUnits
Sep 8, 2016 Listing removed $2,900 RentlinxUnits
Sep 3, 2016 Price changed (rent) $2,900 RentlinxUnits
Aug 6, 2016 Price changed (rent) $3,000 RentlinxUnits
Jul 6, 2016 Listed for rent $3,200 RentlinxUnits
Jul 22, 2015 Listing removed $3,100 RentlinxUnits
Jul 2, 2015 Listed for rent $3,100 RentlinxUnits
Feb 25, 2015 Listing removed $3,000 RentlinxUnits
Feb 7, 2015 Price changed (rent) $3,000 RentlinxUnits
Jan 13, 2015 Price changed (rent) $3,200 RentlinxUnits
Dec 23, 2014 Sold $415,000 Public Record
Dec 23, 2014 Price changed (rent) $3,000 RentlinxUnits
Dec 23, 2014 Listing removed $449,900 AnnArbor
Dec 19, 2014 Sold $415,000 MichRic
Dec 16, 2014 Listed for rent $3,500 RentlinxUnits
Sep 26, 2014 Listed $449,900 AnnArbor
Sep 25, 2014 Listing removed $470,000 AnnArbor
Aug 20, 2014 Price changed $470,000 AnnArbor
Jun 25, 2014 Listed $490,000 AnnArbor
Nov 27, 2006 Sold $364,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $246,900 $16,387
2021 $239,800 $15,977
2020 $244,300 $12,451
2019 $248,300 $12,273
2018 $254,700 $11,395
2017 $251,700 $14,075
2016 $237,800 $13,715
2015 $221,000 $13,380
2014 $198,100 $10,743
2013 $178,600 $10,361
2012 $173,700 $10,168
2011 $166,300 $9,844
2009 $189,200 $11,224
2008 $187,900 $9,019
2007 $187,900 $9,021

Property facts

Year built
2005
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,054 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
$3,354
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 8, 2024 for $559,000.
What is the current tax assessment for 315 Second St?
The most recent total assessment for 315 Second St (year 2022) is $246,900 with $16,387 in property tax.
How does 315 Second St's assessment compare to its last sale price?
The current assessment is 55.8% below the last sale price of $559,000.
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, 1,054 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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