945 Dewey Avenue

About this home

INVESTORS! Centrally located campus 4 BR house! Walking distance to everything- Main Campus, the Athletic Complex, Business School and Law Quad. Home has been well maintained by the same owner for over 40 years! House has current rental license thru 9/2027. You'll find gleaming hardwood flooring in the formal dining room and lovely oak trim throughout. The LR is large enough for all sports fans as it can accommodate a huge tv, coffee table and a playpen couch! You can chef up dinner or game time snacks in the charming kitchen featuring original cabinetry. All appliances will stay. Including a brand new washer/dryer. BR's are different sizes and the 2 larger ones can EASILY fit a queen/king size bed, desk and dressers. The closets have ample space for all your clothes, gear and suitcases! The full bathroom is also exceptionally large and well lit. GO BLUE from the fantastic front porch! Storage shed too!Home energy score 1. View report on A2 Herdmap.

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 $595,000, or $472 per square foot, 93% above the city median, and has been on the market 28 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 $7,243 a year. A buyer who lives here would pay about $5,576 to $15,825 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

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