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Sold
  • $405,000

    500 Little Lake Dr #1, Ann Arbor, MI 48103

    3beds
    1,361sqft
    Condominium
    Built in 2003
    -- sqft lot
    $403,900 Zestimate®
    $298/sqft
    $2,491 Estimated rent

    Home value

    $403,900

    Estimated sales range

    Not available

    $2,491/mo

    Zestimate® history
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    What's special

    Rare Opportunity in Great Oak Cohousing - Thoughtfully Designed Home in a Vibrant, Connected Community Welcome to this beautiful 3-bedroom, 2-bath home located in the highly sought-after Great Oak Cohousing community on Ann Arbor's west side. This thoughtfully designed home combines privacy with community living, offering both comfort and connection. The main level features high ceilings, hardwood floors, and an open-concept layout that seamlessly integrates the kitchen, dining area, and living room; perfect for modern living. The kitchen boasts warm wood cabinetry, new appliances, and ample prep space. Step through the door from the living room to your fenced backyard, ideal for quiet mornings or outdoor play. The primary suite is located on the main floor, providing ease & accessibility while two additional bedrooms and a full bath with a skylight are upstairs. The large full basement with egress windows offers natural light, recreation or office space, a laundry area, and abundant storage or future living space. Air conditioning and updated bathrooms round out the modern upgrades. A detached garage is included and the community amenities are truly exceptional: Common house with a playroom, meeting rooms, a recently renovated kitchen and dining hall, yoga studio, guest room with bath, and bonus laundry room. Playground and green spaces perfect for all ages. Group meals are offered 4-5 nights a week and an emphasis on shared responsibility, collaboration, and community involvement. Resident participation is an essential aspect of life at Great Oak, with members contributing to the upkeep and governance of the community. This is more than just a home,it's a lifestyle rooted in connection, sustainability, and shared values. Minutes from downtown Ann Arbor, the University of Michigan, schools, parks, and shopping.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Peoples 734-646-4012,

    The Charles Reinhart Company

    Bought with:

    Ben Marz, 6501456562

    Howard Hanna Real Estate

    Source: MichRIC,MLS#: 25024952MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Lower Level
    Features
    • Ceiling Fan(s)
    • Flooring: Ceramic Tile, Wood
    • Basement: Daylight,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,361
    • Total interior livable area: 1,361 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Detached
    • Garage spaces: 1
    Features
    • Stories: 2
    • Spa features: Association
    Lot
    • Features: Sidewalk
    Details
    • Parcel number: H0826240001
    • Zoning description: MR-2

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Cape Cod
    • Property subtype: Condominium
    Materials
    • Wood Siding
    • Roof: Asphalt,Shingle
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Great Oak Cohousing
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, End Unit, Laundry, Meeting Room, Playground, Spa/Hot Tub, Other
    • Services included: Other
    • HOA fee: $547 monthly
    Location
    • Region: Ann Arbor

    Financial & listing details

    • Price per square foot: $298/sqft
    • Tax assessed value: $183,100
    • Annual tax amount: $6,793
    • Date on market: 5/30/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/1/2025Sold$405,000$298/sqft
    Source: MichRIC #25024952 Report a problem
    6/3/2025Contingent$405,000$298/sqft
    Source: MichRIC #25024952 Report a problem
    5/30/2025Price change$405,000-3.6%$298/sqft
    Source: MichRIC #25024952 Report a problem
    4/22/2025Listed for sale$420,000+21%$309/sqft
    Source: Owner Report a problem
    10/20/2021Sold$347,000-0.9%$255/sqft
    Source: Public Record Report a problem
    10/4/2021Pending sale$350,000$257/sqft
    Source: Realcomp II #2210051299 Report a problem
    8/12/2021Contingent$350,000$257/sqft
    Source: Realcomp II #2210051299 Report a problem
    7/10/2021Listed for sale$350,000+35.3%$257/sqft
    Source: Realcomp II #2210051299 Report a problem
    8/28/2003Sold$258,627$190/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,794 $183,100 -1.1%
    2024-- $185,200 +5.9%
    2023-- $174,800 +5.2%
    2022-- $166,200 +1.2%
    2021-- $164,200 +5.1%
    2020-- $156,300 +2.7%
    2019-- $152,200 +18.6%
    2018-- $128,300 +9.5%
    2017-- $117,200 +36.6%
    2016-- $85,829 +0.3%
    2015-- $85,573 +3.2%
    2014-- $82,900
    2013-- $82,900 -16.5%
    2012-- $99,300 -8.8%
    2011-- $108,900 -2.3%
    2010-- $111,500 -1.5%
    2009-- $113,200 -2.3%
    2008-- $115,900 -11.5%
    2007-- $130,900 -2.3%
    2005-- $134,000 +5%
    2004-- $127,600 +1.9%
    2003-- $125,200
    Find assessor info on the county website

    Neighborhood: 48103

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Haisley Elementary School
    • Middle: Forsythe Middle School
    • High: Skyline 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
    $403,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $403,900