4 months on rocket

1401 Golden Ave, Ann Arbor, MI, 48104

$1,295,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1401 Golden Ave, Ann Arbor$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1901
HeatingForced Air
BasementYes
MLS #24034526
Lot Size0.20 Acres
StatusActive

About 1401 Golden Ave

Don't miss your chance to own this well-maintained historic gem, located in the heart of Lower Burns Park, just walking distance to the University of Michigan campus and U of M Stadium. This charming property features 6 separate units, each with their own kitchen and bathroom, making it an investor's dream. The property boasts many updates, ensuring it's easy to rent with no vacancies. Currently managed by the reputable Baker Street Property Management, this investment offers peace of mind with 5 of the units leased until 2025. The corner lot provides ample street parking, including additional income potential from coin-operated laundry and game day parking. Enjoy the convenience of being in a prime location near Burns Park with easy access to all Ann Arbor has to offer.

Property Details

Property Features

Property Information:

  • Year Built: 1901

Listing Office:

  • Office Name: @propertiesChristie's Int'l AA
  • Office Phone: (734) 237-6901
  • Listing Agent: Natalie Hess

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: The property sits on the corner of Golden and Granger Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000

Tax Information:

  • Annual Amount: $17,174
  • 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

$500.1K

Med. Price/SqFt

$254

Avg. Days On Market

32

# of Sold Homes

110

1401 Golden Ave vs Ann Arbor

125 DAYS ON ROCKET

+93 Days

$1,295,000

+$794.8K More

KEY TAKEAWAY

This property is $794.8K more than the Median Sold Price in Ann Arbor, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24034526

Listing Office:

  • Office Name: @propertiesChristie's Int'l AA
  • Office Phone: (734) 237-6901
  • Listing Agent: Natalie Hess

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/10/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 14, 2008Home Sold
$425,000
Sep 03, 2004Home Sold
$148,500
Mar 28, 2003Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,174$532,100
2020$16,072$455,300
2019$15,504$436,800
2018$15,108$368,200
2017$14,739$352,200

History based on county public records data.

Payment Calculator

$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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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-821407
6
/10

  • Burns Park Elementary School

  • 1414 Wells St

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-821408
5
/10

  • Pattengill Elementary School

  • 2100 Crestland St

  • 1.04 miles

  • Public District Grades 3-5

school-card-donut-821409
7
/10

  • Bach Elementary School

  • 600 W Jefferson St

  • 1.28 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 $68,204. 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›48104›1401 Golden Ave

This home is located at 1401 Golden Ave in Ann Arbor, MI and zip code 48104 in the Central neighborhood. This home, which was built in 1901, sits on a 0.20 acre lot. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $1,295,000.

In October 2024 more than 43 listings in Ann Arbor, MI were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 53 were sold below. Between September 2024 and October 2024, Ann Arbor, MI real estate market has seen increase in the number of listings by 8.8%. The median list price of listings available in October 2024 was $500,181, while the average time on the real estate market was 32 days.

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

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