1241 Addington Lane

About this home

Welcome to this newly refreshed 2nd story condo featuring the Eaton floor plan. As you walk up the stairs, you are welcomed with lovely views and natural lighting throughout. Vaulted ceilings in the living room add to the spacious layout that features a dining area, exterior balcony, kitchen that connects to the laundry room as well as two bedrooms and two full baths. The primary bedroom with en-suite also offers a walk-in closet. Freshly painted & new flooring installed. Nearby public transportation and located within a close proximity of all of Ann Arbors desired amenities! HOA covers all exterior maintenance, snow removal, water, sewer and trash. All appliances included and a 1 year home warranty is being offered.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Ann Arbor

Over the last 90 days, 328 homes sold in Ann Arbor for a median of $469,500, about $244 per square foot, and the typical one went under contract in 18 days. This home is listed at $265,000, or $218 per square foot, 11% below the city median, and has been on the market 119 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ann Arbor sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $4,164 a year. A buyer who lives here would pay about $3,053 to $5,366 a year once the taxable value resets after the sale, at the 2025 homestead rate of 40.09 mills for Pittsfield Twp and Ann Arbor schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.

Location

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