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  • $201,000

    1261 Island Dr APT 103, Ann Arbor, MI 48105

    --beds
    458sqft
    Condominium
    Built in 1964
    -- sqft lot
    $199,700 Zestimate®
    $439/sqft
    $1,482 Estimated rent

    Home value

    $199,700

    Estimated sales range

    Not available

    $1,482/mo

    Zestimate® history
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    What's special

    Welcome to this charming, well-maintained, move-in-ready studio ideally located near the University of Michigan hospital. A sun-filled oversized patio door brings in abundant natural light, complementing the beautiful hardwood floors throughout. This thoughtfully updated unit features a newer kitchen, updated bathroom with bathtub, modern closet system, A/C, fresh interior paint, stainless steel appliances, sleek ceiling finishes, and recessed lighting. A space-saving Murphy bed enhances functionality and flexibility. Enjoy easy, walkable access to the UM campus, hospital, parks, and the scenic Huron River, along with nearby dining, shopping, and everyday conveniences. This listing is for a dwelling type that is not under the purview of the HERD Ordinance.

    Zillow last checked:

    Listing updated:

    Listed by:

    Judie Wu 734-546-6140,

    The Charles Reinhart Company

    Bought with:

    Haleh Najafi, 6501441696

    The Charles Reinhart Company

    Source: MichRIC,MLS#: 26011410MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator
    • Laundry: None
    Features
    • Basement: Slab
    • Has fireplace: No
    Interior area
    • Total structure area: 458
    • Total interior livable area: 458 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Association
    • On waterfront: Yes
    • Waterfront features: River
    • Body of water: Huron River
    Details
    • Parcel number: 090921401055

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • Amenities included: Laundry, Pool
    • Services included: Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Heat
    • HOA fee: $178 monthly
    • HOA phone: 734-585-5174
    Location
    • Region: Ann Arbor

    Financial & listing details

    • Price per square foot: $439/sqft
    • Tax assessed value: $51,026
    • Annual tax amount: $2,642
    • Date on market: 3/24/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/2/2026Listing removed$1,510$3/sqft
    Source: Zillow Rentals Report a problem
    5/27/2026Price change$1,510-0.7%$3/sqft
    Source: Zillow Rentals Report a problem
    5/18/2026Listed for rent$1,520$3/sqft
    Source: Zillow Rentals Report a problem
    4/10/2026Sold$201,000+6.3%$439/sqft
    Source: MichRIC #26011410 Report a problem
    3/29/2026Pending sale$189,000$413/sqft
    Source: MichRIC #26011410 Report a problem
    3/24/2026Listed for sale$189,000+182.1%$413/sqft
    Source: MichRIC #26011410 Report a problem
    2/7/2011Sold$67,000-21.2%$146/sqft
    Source: Public Record Report a problem
    4/3/2010Price change$85,000-15%$186/sqft
    Source: Real Estate One #2908432 Report a problem
    9/13/2009Price change$100,000-13%$218/sqft
    Source: Real Estate One #2908432 Report a problem
    9/4/2009Listed for sale$115,000$251/sqft
    Source: Real Estate One #2908432 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,581 $83,000 +1.1%
    2024-- $82,100 +4.3%
    2023-- $78,700 +10.5%
    2022-- $71,200 -9.2%
    2021-- $78,400 +4.8%
    2020$2,127 $74,800 +2.5%
    2019-- $73,000 +2.5%
    2018-- $71,200 +6.3%
    2017$1,873 $67,000 +72.6%
    2016$1,873 +5%$38,825 +0.3%
    2015$1,784 $38,709 -35.7%
    2014$1,784 $60,200
    2013$1,784 $60,200 +1.3%
    2012-- $59,400 +102.5%
    2011-- $29,339 +1.7%
    2010-- $28,849 -0.3%
    2009-- $28,936 +4.4%
    2008-- $27,717 +2.3%
    2007-- $27,094 -49.5%
    2005-- $53,700 +14.7%
    2004-- $46,800 +6.4%
    2003-- $44,000 +17.3%
    2002$1,333 +51.3%$37,500 +55%
    2001$881 +2.3%$24,200 +6.1%
    2000$861 $22,800 +5.6%
    1999-- $21,600
    Find assessor info on the county website

    Neighborhood: Broadway

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $199,700
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    Estimated market value
    $199,700