597 S Wagner Road
Ann Arbor, MI 48103
Single Family Residence · MLS # 81026050427 · Listing courtesy of The Charles Reinhart Company
About this home
Opportunity awaits on the westside of Ann Arbor. Bring your vision to this 2 bedroom, 1 bath home on almost 1/4 acre lot in Ann Arbor School district. Excellent opportunity for buyers to build equity, investors seeking their next project or anyone ready to create a home tailored to their style. Property backs to Second Sister Lake and the Dolph Nature Area, a peaceful 57 acre nature preserve on Ann Arbor's westside that protects the city's only 2 natural lakes! Conveniently located near both the Stadium Blvd and Jackson Rd shopping, dining and services corridors and easy freeway access points. Attractively priced and ready for someone to unlock it's potential. Home Energy Score of 6. Download report at stream.a2gov.org.
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 $210,000, or $311 per square foot, 27% above the city median, and has been on the market 49 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 $3,460 a year. A buyer who lives here would pay about $2,378 to $5,585 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 when listed. Ask us for a lender quote.
Location
Similar homes in Ann Arbor
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