Fantastic Old Fourth Ward/Kerrytown area duplex. For decades, the home has been used as an owner-occupied duplex, with rental income from the upstairs unit. City says the current zoning only allows for a duplex due to the non-conforming lot size, though the home is set up with 3 separate entrances, 3 full baths, and 3 bedrooms(one for each unit). Upstairs unit is currently rented below market value at $730/month, though the current tenant does not have a lease in place. Contemporary, 1980s addition offers a large, open concept kitchen & living area w/ bedroom, full bath, washer/dryer, and loft-space upstairs. This is connected to a one bedroom unit on the main floor that the current owner had been renting, living in, and using as a studio space.
Sold
$591,500
540 N State St, Ann Arbor, MI 48104
3beds
3baths
--sqft
2 to 4 Units
Built in 1901
-- sqft lot
$709,600 Zestimate®
$--/sqft
$2,841 Estimated rent
Home value
$709,600
$653,000 - $781,000
$2,841/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Brent Flewelling 734-646-4263,
The Charles Reinhart Company
Bought with:
Brent Flewelling, 6506045328
The Charles Reinhart Company
Source: MichRIC,MLS#: 24011242
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Laundry: In Hall
Features
- Basement: Crawl Space,Michigan Basement,Partial
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway, Gravel
Lot
- Size: 3,920 sqft
- Dimensions: 34 x 117
- Features: Sidewalk
Details
- Parcel number: 090928200055
- Zoning description: R4C
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
Community & neighborhood
Location
- Region: Ann Arbor
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2024 | Sold | $591,500+2.9% |
Source:  MichRIC #24011242 Report a problem | ||
| 3/13/2024 | Contingent | $575,000 |
Source: MichRIC #24011185 Report a problem | ||
| 3/8/2024 | Listed for sale | $575,000 |
Source: MichRIC #24011185 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,675 | $343,800 +15.9% |
| 2024 | -- | $296,700 +22.3% |
| 2023 | -- | $242,600 +5.3% |
| 2022 | -- | $230,300 -7% |
| 2021 | -- | $247,700 -0.3% |
| 2020 | $5,443 | $248,500 -1.2% |
| 2019 | -- | $251,600 +6.9% |
| 2018 | -- | $235,300 +21.7% |
| 2017 | $4,791 | $193,300 +122.2% |
| 2016 | $4,791 +4.6% | $87,010 +0.3% |
| 2015 | $4,580 | $86,750 +3.2% |
| 2014 | $4,580 | $84,040 |
| 2013 | $4,580 | $84,040 +2.4% |
| 2012 | -- | $82,071 +2.7% |
| 2011 | -- | $79,914 +1.7% |
| 2010 | -- | $78,579 -0.3% |
| 2009 | -- | $78,816 +4.4% |
| 2008 | -- | $75,495 +2.3% |
| 2007 | -- | $73,798 -56.2% |
| 2005 | -- | $168,500 +8.6% |
| 2004 | -- | $155,200 +2.3% |
| 2003 | -- | $151,700 +48% |
| 2002 | $3,630 +51.3% | $102,500 +1.4% |
| 2001 | $2,399 +2.3% | $101,100 +29% |
| 2000 | $2,344 | $78,400 +29.6% |
| 1999 | -- | $60,500 |
Find assessor info on the county website
Neighborhood: Old Fourth Ward
Nearby schools
GreatSchools rating
- 8/10Bach Elementary SchoolGrades: K-5Distance: 1 mi
- 9/10Slauson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Skyline High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Bach 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
$709,600
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
$709,600
- Michigan
- Washtenaw County
- Ann Arbor
- 48104
- Old Fourth Ward
- 540 N State St
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