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2562 Towne St

Ann Arbor, MI 48103

3 bd 4 ba 2,608 sqft Built 2017 condos
Most recent sale
$459,900
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $459,900 MichRic
Mar 5, 2024 Listed $459,900 MichRic
Aug 1, 2022 Sold $439,900 MLS #3288886
Jun 16, 2022 Listed $439,900 MLS #3288886
Oct 10, 2018 Sold $420,945 Public Record
Sep 19, 2018 Listing removed $420,945 MiRealSource
May 7, 2018 Listed $420,945 MLS #21444510

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $215,000 $11,906
2021 $224,800 $8,686
2020 $216,200 $9,884
2019 $190,300 $9,406

Property facts

Year built
2017
Property type
condos
Stories
4
Beds
3
Baths
4
Living area
2,608 sqft
Lot size
ZIP code
48103
City
Ann Arbor
Street
Towne St
Coordinates
42.27392, -83.78192

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
$3,912
Gross rental yield
10.21%
Implied cap rate
6.63%
Trend-extrapolated value

Frequently asked questions

When did 2562 Towne St last sell?
2562 Towne St most recently sold on Apr 19, 2024 for $459,900.
What is the current tax assessment for 2562 Towne St?
The most recent total assessment for 2562 Towne St (year 2022) is $215,000 with $11,906 in property tax.
How does 2562 Towne St's assessment compare to its last sale price?
The current assessment is 53.3% below the last sale price of $459,900.
When was 2562 Towne St built?
2562 Towne St was built in 2017.
How does 2562 Towne St compare to others on Towne St?
We track 8 other properties on Towne St. Browse the list under "Other properties on Towne St" to compare beds, baths, and sale history.
What are the property facts for 2562 Towne St?
2562 Towne St is a 3 bed, 4 bath, 2,608 sqft condos.
Is 2562 Towne St a flip candidate?
No — 2562 Towne St does not appear in our flips dataset.
Is 2562 Towne St a tax-appeal candidate?
No — 2562 Towne 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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