2 months on rocket

1024 Fountain St, Ann Arbor, MI, 48103

$500,000

Home List Price

$5,938*

Closing Credit

2 Full Baths
2,138 SqFt
$234/SqFt
Multi

Location

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1024 Fountain St, Ann Arbor$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingCarport
Year Built1958
HeatingForced Air, Natural Gas
MLS #20240079775
StatusActive

About 1024 Fountain St

Prime investment opportunity at 1024 Fountain Dr, Ann Arbor! This split-level duplex features two 2-bedroom, 1-bath units, each with its own private layout. Upstairs, you'll find an open-concept kitchen, dining, and living area. Downstairs, there are two spacious bedrooms, a full bath, and a stackable laundry space. Both units are currently leased, making it an ideal, hassle-free income property. Located in a desirable area, this duplex offers great potential for steady rental income. Don’t miss out on this lucrative investment!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1958
  • Living Area: 2,138 SqFt

Listing Office:

  • Office Name: Anthony Djon Luxury Real Estate
  • Office Phone: (248) 747-4834
  • Listing Agent: Anthony Djon, Andrea M Yakobe

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Carport

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: N of Miller Ave / W of N Main St

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $234/SqFt

Tax Information:

  • Annual Amount: $9,340
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ann Arbor, MI.

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Ann Arbor, MI

City

Med. Sold Price

$499.8K

Med. Price/SqFt

$248

Avg. Days On Market

45

# of Sold Homes

98

1024 Fountain St vs Ann Arbor

63 DAYS ON ROCKET

+18 Days

$500,000

+$153 More

$234/SqFt

-$14 Less

KEY TAKEAWAY

This property is $153 more than the Median Sold Price and $14/SqFt less than other homes in Ann Arbor, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240079775

Listing Office:

  • Office Name: Anthony Djon Luxury Real Estate
  • Office Phone: (248) 747-4834
  • Listing Agent: Anthony Djon, Andrea M Yakobe

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/25/2024, 4:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 22, 2001Home Sold
$215,000
Feb 09, 1999Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,340$184,900
2020$8,741$166,400
2019$4,927$141,200
2018$4,802$136,800
2017$4,685$112,900

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1460557
10
/10

  • Wines Elementary School

  • 1701 Newport Rd

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-1460558
7
/10

  • Bach Elementary School

  • 600 W Jefferson St

  • 1.06 miles

  • Public District Grades KG-5

school-card-donut-1460559
5
/10

  • Haisley Elementary School

  • 825 Duncan St

  • 1.13 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,681. Residents of Ann Arbor, MI typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Washtenaw County›Ann Arbor›48103›1024 Fountain St

This home is located at 1024 Fountain St in Ann Arbor, MI and zip code 48103 in the Bach neighborhood. This 2,138 square foot home was built in 1958. Features: 2 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $500,000.

In November 2024, from all listings sold in Ann Arbor, MI there were more than 33 sold above asking price, over 39 sold below and more than 26 were sold right at the asked price. The inventory of homes for sale in Ann Arbor, MI between October 2024 and November 2024 decreased by 11.9%. In November 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $499,846.

From Rocket Homes Real Estate and based on county public records data.

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