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742 Watersedge Dr

Ann Arbor, MI 48105

2 bd 2 ba 1,208 sqft Built 1976 condos
Most recent sale
$238,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 16, 2024 Sold $260,000 MichRic
May 30, 2024 Listing removed $1,200 MichRic
Sep 29, 2022 Sold $238,000 MLS #3290385
Aug 20, 2022 Listed $245,000 MLS #3290385
May 18, 2022 Listing removed $235,000 AnnArbor
Dec 2, 2021 Sold $223,500 MLS #3284116
May 24, 2013 Listing removed $1,200 AnnArbor
May 23, 2013 Listed for rent $1,200 AnnArbor
Jan 25, 2011 Listing removed $1,050 AnnArbor
Jan 4, 2011 Listed for rent $1,050 AnnArbor
Jan 14, 2010 Listing removed $1,050 AnnArbor
Nov 9, 2009 Listed for rent $1,050 AnnArbor

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $110,800 $3,046
2020 $106,100 $3,817
2019 $95,400 $3,640
2018 $87,600 $3,572
2017 $84,700 $3,446
2016 $75,300 $3,357
2015 $69,500 $3,276
2014 $62,300 $3,220
2013 $56,800 $3,105
2012 $55,200 $3,047
2011 $56,800 $2,950
2010 $53,900 $2,248
2009 $50,300 $2,243

Property facts

Year built
1976
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,208 sqft
Lot size
ZIP code
48105
City
Ann Arbor
Street
Watersedge Dr
Coordinates
42.28371, -83.69657

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
$1,812
Gross rental yield
9.14%
Implied cap rate
5.94%
Trend-extrapolated value

Frequently asked questions

When did 742 Watersedge Dr last sell?
742 Watersedge Dr most recently sold on Sep 29, 2022 for $238,000.
What is the current tax assessment for 742 Watersedge Dr?
The most recent total assessment for 742 Watersedge Dr (year 2021) is $110,800 with $3,046 in property tax.
How does 742 Watersedge Dr's assessment compare to its last sale price?
The current assessment is 53.4% below the last sale price of $238,000.
When was 742 Watersedge Dr built?
742 Watersedge Dr was built in 1976.
How does 742 Watersedge Dr compare to others on Watersedge Dr?
We track 8 other properties on Watersedge Dr. Browse the list under "Other properties on Watersedge Dr" to compare beds, baths, and sale history.
What are the property facts for 742 Watersedge Dr?
742 Watersedge Dr is a 2 bed, 2 bath, 1,208 sqft condos.
Is 742 Watersedge Dr a flip candidate?
No — 742 Watersedge Dr does not appear in our flips dataset.
Is 742 Watersedge Dr a tax-appeal candidate?
No — 742 Watersedge Dr 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
+1.6%
Implied 1-yr
+6.3%
2026 Q3
$697.9K
2026 Q4
$707.8K
ZIP 48105 — Median Price History + Forecast

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