11 months on rocket

207 S 7th St, Ann Arbor, MI, 48103

$429,900

Home List Price

$5,105*

Closing Credit

2 Full Baths
1,312 SqFt
$328/SqFt
Multi
Schools Nearby

Location

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207 S 7th St, Ann Arbor$429,900

Buyer Closing Credits

$5,105*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1910
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240021032
Lot Size0.05 Acres
StatusActive

About 207 S 7th St

Charming Duplex 5 Blocks from Downtown Ann Arbor Welcome to this delightful duplex located just 5 blocks away from the vibrant downtown Ann Arbor. This unique property offers a versatile living arrangement with a 2-bedroom, 1-bathroom unit on the bottom floor and a 1-bedroom, 1-bathroom studio unit on the top floor, which can easily be converted back into a single-family home. With its prime location and flexible layout, this home is sure to appeal to a variety of buyers. The exterior of the home exudes curb appeal, featuring a well-maintained facade, a charming porch, and a lush front yard. It blends seamlessly with the surrounding neighborhood, offering a welcoming atmosphere. Upon entering the bottom unit, you'll find a spacious living area flooded with natural light, creating an inviting ambiance. The open floor plan seamlessly connects the living room, dining area, and kitchen, providing an ideal layout for comfortable living and entertaining. The kitchen is modern and well-appointed, featuring granite countertops, ample cabinetry, and high-quality appliances. The bottom unit includes two cozy bedrooms, each providing a peaceful retreat, along with an updated bathroom. The bedrooms offer ample closet space and large windows that allow for plenty of natural light. The top studio unit consists of a comfortable bedroom, a bathroom, a well-equipped kitchen, and a cozy living area. This unit can easily be converted back into a single-family home, providing additional space for a growing family or those desiring a larger living area. In addition to its proximity to downtown Ann Arbor, this duplex is conveniently located near parks, schools, universities, medical facilities, and major transportation routes, making it an ideal choice for those seeking both convenience and connectivity. Bottom unit currently rented for $2000/month, upper unit rented for $1375/month. Showings only from 12-2pm on Fridays. 24 hours notice requested.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1910
  • Stories: 2
  • Living Area: 1,312 SqFt

Listing Office:

  • Office Name: Cornerstone Real Estate
  • Office Phone: (734) 316-5886
  • Listing Agent: Jeremy Rhodes

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

School Info

Assigned Schools Information:

  • Pioneer High School, Public District Grades 9-12
  • Slauson Middle School, Public District Grades 6-8
  • Bach Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Huron East to Seventh South.

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,900
  • Price Per SqFt: $328/SqFt

Tax Information:

  • Annual Amount: $6,849
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ann Arbor, MI.

Med. Sold Price

$490K

Med. Price/SqFt

$272

Avg. Days On Market

37

# of Sold Homes

91

207 S 7th St vs Ann Arbor

335 DAYS ON ROCKET

+298 Days

$429,900

-$60.1K Less

$328/SqFt

+$55 More

KEY TAKEAWAY

This property is $60.1K less than the Median Sold Price and $55/SqFt more than other homes in Ann Arbor, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240021032

Listing Office:

  • Office Name: Cornerstone Real Estate
  • Office Phone: (734) 316-5886
  • Listing Agent: Jeremy Rhodes

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 6:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 24, 2021Home Sold
$275,000
Aug 03, 1999Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,849$148,300
2020$6,409$157,600
2019$6,182$156,900
2018$6,025$152,400
2017$5,878$136,200

History based on county public records data.

Payment Calculator

$2,213

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,355

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3254778
9
/10
  • Bach Elementary School

  • 600 W Jefferson St

  • 0.31 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3254779
8
/10
  • Slauson Middle School

  • 1019 W Washington St

  • 0.15 miles

  • Public District Grades 6-8

High School

school-card-donut-3254780
8
/10
  • Pioneer High School

  • 601 W Stadium Blvd

  • 1.27 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,398. The most common annual income of people living in Ann Arbor, MI is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesMichiganWashtenaw CountyAnn Arbor48103207 S 7th St

This home is located at 207 S 7th St in Ann Arbor, MI and zip code 48103 in the Bach neighborhood. This 1,312 square foot home, which was built in 1910, sits on a 0.05 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since May 30, 2023 and is currently priced at $429,900.

While more than 49 listings in Ann Arbor, MI in March 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 25 were sold below. In March 2024 in Ann Arbor, MI there were 21.5% more homes for sale than in February 2024. In March 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $490,000.

From Rocket Homes Real Estate and based on county public records data.

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