Investor opportunity to own a fully furnished 2 bedroom, 1 bath ground floor condo in the highly desirable Burns Park Condominiums leased through 7/31/26. Prime Location Near Downtown Ann Arbor & University of Michigan Central Campus. The condo features 2 spacious bedrooms, a full bath, a comfortable living room, a well equipped kitchen, and a dedicated eating area. It offers 714 sqft of living space and includes one designated parking spot, along with access to shared parking. Residents also have access to a common area laundry room, storage and bike rack. City bus stop is conveniently located out front of the building, with free rides available for UM students. Convenient housing in one of Ann Arbor's most sought after areas This unit comes fully furnished. The living room includes a couch, coffee table, TV, and entertainment stand. Each bedroom is furnished with a queen-sized bed, desk, and chair. The bathroom features a double-sink vanity, bathtub, and new toilet. The kitchen includes a stove, refrigerator, dishwasher, and garbage disposal. Lease in place at $1,800/mn through 7/31/26
Sold
$207,000
1531 Packard St APT 2, Ann Arbor, MI 48104
2beds
714sqft
Condominium
Built in 1966
-- sqft lot
$206,300 Zestimate®
$290/sqft
$1,870 Estimated rent
Home value
$206,300
$186,000 - $231,000
$1,870/mo
Zestimate® history
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List your homeWhat's special
New toiletSpacious bedroomsGround floor condoDouble-sink vanityGarbage disposalWell equipped kitchenDedicated eating area
Zillow last checked:
Listing updated:
Listed by:
Jessica Carter 734-945-2144,
Keller Williams Ann Arbor Mrkt
Bought with:
Imran Lateef, 6502382742
IKL Real Estate LLC
Source: MichRIC,MLS#: 25023580
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 128.3
- Dimensions: 12.83 x 10.00
Bedroom 2
- Level: Main
- Area: 105.63
- Dimensions: 10.67 x 9.90
Primary bathroom
- Level: Main
Dining room
- Level: Main
- Area: 96
- Dimensions: 12.00 x 8.00
Kitchen
- Level: Main
- Area: 47.18
- Dimensions: 7.17 x 6.58
Living room
- Level: Main
- Area: 167.82
- Dimensions: 12.83 x 13.08
Heating
- Baseboard, Forced Air
Cooling
- Central Air, Wall Unit(s)
Appliances
- Included: Dishwasher, Disposal, Freezer, Microwave, Oven, Range, Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s)
- Flooring: Laminate, Wood
- Basement: Slab
- Has fireplace: No
Interior area
- Total structure area: 714
- Total interior livable area: 714 sqft
Property
Features
- Stories: 2
Lot
- Size: 7,405 Square Feet
- Features: Shrubs/Hedges
Details
- Parcel number: 090933308011
Construction
Type & style
- Home type: Condo
- Architectural style: Ranch
- Property subtype: Condominium
Materials
- Brick, Vinyl Siding
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Services included: Other, Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Heat
- HOA fee: $312 monthly
- HOA phone: 734-663-1900
Location
- Region: Ann Arbor
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $52,114
- Annual tax amount: $3,789
- Date on market: 5/22/2025
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $207,000-3.7%$290/sqft |
Source:  MichRIC #25023580 Report a problem | ||
| 7/31/2025 | Pending sale | $215,000$301/sqft |
Source: MichRIC #25023580 Report a problem | ||
| 7/5/2025 | Contingent | $215,000$301/sqft |
Source: MichRIC #25023580 Report a problem | ||
| 5/22/2025 | Listed for sale | $215,000+82.2%$301/sqft |
Source: MichRIC #25023580 Report a problem | ||
| 6/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/25/2023 | Listed for rent | $1,650+17.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/19/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/11/2021 | Listed for rent | $1,400+3.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/1/2020 | Listing removed | $1,350$2/sqft |
Source: Owner Report a problem | ||
| 6/26/2020 | Price change | $1,350-6.9%$2/sqft |
Source: Owner Report a problem | ||
| 11/4/2019 | Listed for rent | $1,450+11.5%$2/sqft |
Source: Owner Report a problem | ||
| 2/15/2019 | Listing removed | $1,300$2/sqft |
Source: Owner Report a problem | ||
| 12/17/2018 | Listed for rent | $1,300+4%$2/sqft |
Source: Owner Report a problem | ||
| 6/10/2018 | Listing removed | $1,250$2/sqft |
Source: Owner Report a problem | ||
| 4/13/2018 | Listed for rent | $1,250+4.2%$2/sqft |
Source: Owner Report a problem | ||
| 3/25/2017 | Listing removed | $1,200$2/sqft |
Source: Owner Report a problem | ||
| 3/11/2017 | Listed for rent | $1,200$2/sqft |
Source: Owner Report a problem | ||
| 10/11/2016 | Sold | $118,000+12.4%$165/sqft |
Source: Public Record Report a problem | ||
| 4/4/2012 | Sold | $105,000-8.5%$147/sqft |
Source: Public Record Report a problem | ||
| 2/4/2012 | Listed for sale | $114,800-4.2%$161/sqft |
Source: Ann Arbor Market Center, Inc. #3200830 Report a problem | ||
| 5/10/2011 | Listing removed | $119,800$168/sqft |
Source: Visual Tour #3003142 Report a problem | ||
| 11/24/2010 | Listed for sale | $119,800$168/sqft |
Source: Visual Tour #3003142 Report a problem | ||
| 9/4/2010 | Listing removed | $119,800$168/sqft |
Source: Keller Williams Ann Arbor Market Center #3003142 Report a problem | ||
| 4/7/2010 | Listed for sale | $119,800+6%$168/sqft |
Source: Keller Williams Realty - Ann Arbor Market Center #3003142 Report a problem | ||
| 5/4/2004 | Sold | $113,000$158/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,786 | $70,300 +2.3% |
| 2024 | -- | $68,700 +0.4% |
| 2023 | -- | $68,400 +6% |
| 2022 | -- | $64,500 +5.2% |
| 2021 | -- | $61,300 +3% |
| 2020 | $3,088 | $59,500 +5.1% |
| 2019 | -- | $56,600 +10.3% |
| 2018 | -- | $51,300 +15.8% |
| 2017 | $1,954 | $44,300 +40.3% |
| 2016 | $1,954 +4.3% | $31,577 +0.3% |
| 2015 | $1,874 | $31,483 +3.2% |
| 2014 | $1,874 | $30,500 |
| 2013 | $1,874 | $30,500 +2.7% |
| 2012 | -- | $29,700 -29.5% |
| 2011 | -- | $42,100 -4.1% |
| 2010 | -- | $43,900 -2.2% |
| 2009 | -- | $44,900 -10.4% |
| 2008 | -- | $50,100 -0.5% |
| 2007 | -- | $50,347 -8.5% |
| 2005 | -- | $55,000 +17% |
| 2004 | -- | $47,000 +7.6% |
| 2003 | -- | $43,700 +18.8% |
| 2002 | $1,527 +51.3% | $36,800 +23.9% |
| 2001 | $1,009 +2.3% | $29,700 +6.1% |
| 2000 | $986 | $28,000 +11.6% |
| 1999 | -- | $25,100 |
Find assessor info on the county website
Neighborhood: Burns Park
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Nearby schools
GreatSchools rating
- 10/10Burns Park Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Tappan Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Pioneer High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Burns Park Elementary School
- Middle: Tappan Middle School
- High: Pioneer High School
Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$206,300
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Estimated market value
$206,300
- Michigan
- Washtenaw County
- Ann Arbor
- 48104
- Burns Park
- 1531 Packard St Apartment 2
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