627 W Summit Street
Ann Arbor, MI 48103
Single Family Residence · MLS # 81026059771 · Listing courtesy of The Charles Reinhart Company
About this home
Welcome to 627 W. Summit St, where you will find the best of both worlds! Offering a perfect floorplan & location, this new construction home boasts character and warmth in Ann Arbor's most eclectic, walkable, neighborhood. Upon entry, find light hardwoods throughout the main level and abundant natural light that travels through the entire open floor plan. An airy half bath is flanked by an office space, which could also serve as the 5th bedroom. In the exquisite kitchen you will encounter two toned cabinetry with leathered granite countertops, a large kitchen island with extra cabinetry and Viking appliances and an incredible pantry space with bar fridge, built in microwave and tons of extra counterspace and storage. The kitchen flows seamlessly to a bright dining area and expansive great room with gas fireplace and cozy built-ins. The glass doorwall leads to generous deck overlooking a flat back yard, perfect for yard games and entertaining.Upstairs you will find charming treeline neighborhood views from every window. The primary suite is a true retreat with it's own balcony, walk in closet complete with sliding ladder to access the higher shelves, and ensuite bathroom with heated floors, double vanity and shower room that houses a deep soaking tub. Bedrooms 2 & 3 share a jack and jill style bathroom, while bedroom 4 serves as another private suite. The basement is awaiting your final touches with roughed-in plumbing and two egress windows. This house has everything you're looking for and more, in the perfect neighborhood!
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 $1,595,000, or $535 per square foot, 119% above the city median, and has been on the market 2 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 $20,852 a year. A buyer who lives here would pay about $20,572 to $42,421 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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