The MJA CompanyNational Realty Centers (248) 780-8944
240 Lyn Anne Court, Ann Arbor, MI 48103240 Lyn Anne Court, Ann Arbor, MI 48103 photo 2240 Lyn Anne Court, Ann Arbor, MI 48103 photo 3240 Lyn Anne Court, Ann Arbor, MI 48103 photo 4240 Lyn Anne Court, Ann Arbor, MI 48103 photo 5
$345,000 For sale

240 Lyn Anne Court

Ann Arbor, MI 48103

3beds
3baths
1,602sqft
1988built
$215per sqft
7days listed

Condominium · MLS # 81026057079 · Listing courtesy of The Charles Reinhart Company

About this home

Come and see this outstanding 2 story end unit condo, tucked away in a quiet location, walking distance to multiple restaurants, shops (Plum Market, Aldi), parks, downtown, and steps from the original Knights Restaurant. This 3 bedroom, 3 full bath condo is ready for you! The primary ensuite overlooks the woods, has vaulted ceilings, ceiling fan and a private bath. The second bedroom also features vaulted ceilings and is accessable to the second full bath. New LVP flooring in the foyer and kitchen, newer range, a generous eat-in dining space, and an open viewing window into the family room, which features a captivating stone fireplace and bookshelf. The third bedroom (or office space) in the full, walkout basement features a 3rd full bath and access to the wooded backyard and deck. New light fixtures and paint througout. Radon mitigation system installed. Balcony off main floor family room to sit and soak up the nature view and a deck at walk-out on lower level. Carport plusadditional assigned parking spot. Private entry and laundry in unit. Association maintains exterior, lawn care, snow removal, water and trash removal. Pets under 25 lbs are allowed with HOA approval. Dog park across the street and an access to the Arborview neighborhood at the back of the court. Walk, bike, bus (bus route) or drive to downtown Ann Arbor, U of M Hospital or Campus and easy freeway access. Home Energy Score of 7. Download report at osi.a2gov.org/herd.

Interior

Bedrooms3
Full baths3
Half baths0
Living area1,602 sqft
BasementFinished, Full, Walk Out Access
Finished below grade442 sqft
Fireplaces1
FireplaceFamily Room
FlooringCarpet, Vinyl, Wood
AppliancesDishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Range, Washer
Interior featuresVaulted Ceilings, Window Treatments
LaundryIn Basement, In Unit, Sink
Stories2

Systems and utilities

HeatingForced Air, Natural Gas
CoolingCeiling Fans, Central Air
Water heaterNatural Gas
WaterPublic
SewerPublic Sewer

Exterior and lot

StyleEnd Unit, Townhouse
Year built1988
ConstructionStone, Stucco
RoofAsphalt, Shingle
FoundationBasement
Garage spaces1
ParkingConcrete, Carport
Lot featuresLevel, Wooded
Patio and porchCovered, Deck, Porch
Exterior featuresBalcony, Garden, Private Entrance

Taxes, HOA and more

Annual taxes$4,651
Summer taxes$4,651
HOA fee$360 monthly
HOA includesMaintenance Grounds, Sewer, Snow Removal, Trash, Water
CommunitySidewalks
SubdivisionPARKSIDE COMMONS
MunicipalityAnn Arbor
CountyWashtenaw
PossessionClose Of Escrow
Sale termsCash, Conventional
Special conditionsStandard

Schools

School districtAnn Arbor

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 $345,000, or $215 per square foot, 12% below the city median, and has been on the market 7 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 $4,651 a year. A buyer who lives here would pay about $7,649 to $9,176 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.67 mills for Ann Arbor City 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

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 9:36 AM.

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