5531 Arbor Chase Drive
Ann Arbor, MI 48103
Condominium · MLS # 58050222036 · Listing courtesy of Berkshire Hathaway HomeServices Kee Realty Brown
About this home
Welcome to 5531 Arbor Chase Drive, Offering 1,520 square feet of thoughtfully designed, single-level living in desirable Arbor Chase Community. This 2-bedroom, 2.5 bath ranch-style condominium features the community's second-largest floor plan along with its larger garage configuration, creating a combination of living space and storage that is difficult to duplicate within the neighborhood. Step inside to an open, light-filed layout with 9-foot ceilings, custom flooring throughout, and a spacious kitchen with custom countertops, abundant cabinetry, and stainless steel appliances. The private primary suite offers its own full bath and walk in closet. While the generously sized second bedroom is served by an additional full size bath with tub. A conveniently located half bath, dedicated private laundry room and extra storage areas add every day practicality and ease. Enjoy low-maintenance living in Scio Township with Ann Arbor Schools and a quick walk to medical, shopping, dining. Delight in quick access to I-94, downtown Ann Arbor, The University of Michigan Hospital and more. You have public transportation nearly at your doorstep. More room to live. More room to store and more flexibility to make your move NOW! BUYERS ADVANTAGE: Seller is offering allowance toward buyers allowable closing costs, prepaid expenses and or interest-rate buy down with acceptable offer, subject to lender and loan- program guidelines. POSSIBLE short term lease with option to buy.
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 $364,000, or $239 per square foot, about the same as the city median, and has been on the market 56 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 $9,184 a year. A buyer who lives here would pay about $9,681 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
Similar homes in Ann Arbor
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