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Backup Offers

345 S Division St, Ann Arbor, MI, 48104

$1,350,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Partial Baths
2,970 SqFt
$455/SqFt
House
Schools Nearby

Location

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345 S Division St, Ann Arbor$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1865
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
FireplaceOther
MLS #54024019724
Lot Size0.15 Acres
StatusAccepting Backup Offers

About 345 S Division St

Welcome to the grand Bach/Nichols House in the heart of downtown Ann Arbor on a prominent corner lot with beautiful professional landscaping. Initially constructed in 1865 and expanded over the next several decades with balloon frame construction and 10 foot main floor ceilings, this was the grand home of several distinguished Ann Arbor families over the decades, was the location of several businesses, and in the mid-1990s underwent a complete overhaul to its current use as professional offices. This noteworthy property is now zoned D-1 and could now be used for many commercial uses or restored to its glory as a residence consistent with Ann Arbor Historic District requirements (East William Street District). 5 onsite parking spaces and abundant street parking/parking structures nearby.Meticulously restored and updated in 1994 with architectural guidance by David Osler and construction by Perkins Construction, and recipient of a 1995 Rehabilitation Commendation from the Ann Arbor Historic District Commission. Beautiful restoration of enchanting front porch, entry, vestibule, foyer, conference room and front interior stairs which remain in pristine condition highlighting the historic character of this property. Updates included new windows, siding, electrical, copper plumbing, ethernet cable, interior fire suppression system, accessible ramp to front porch, and professional landscaping including glorious red bud and magnolia trees, lilac bushes and peonies enclosed by a decorative fence, all blending seamlessly with the historic character of the property. More recent updates include roof, 2 gas forced air furnaces with air conditioners, and more. Current main floor layout includes stunning conference room, 2 administrative offices in front, large executive office overlooking gardens, large file room, kitchenette, and half-bath. Current second floor layout includes 4 large, sunlit offices with closets that could easily be converted to bedrooms, half-bath with room for shower, several smaller rooms, back stairway

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1865
  • Stories: 2
  • Living Area: 2,970 SqFt

Listing Office:

  • Office Name: The Charles Reinhart Company
  • Office Phone: (734) 665-0300
  • Listing Agent: Elizabeth R Brien

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement: Yes
  • Interior: Security Alarm
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fenced

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central 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: Located at the NE corner of S Division and E William Streets.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $455/SqFt

Tax Information:

  • Annual Amount: $17,807
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$489.7K

Med. Price/SqFt

$276

Avg. Days On Market

34

# of Sold Homes

128

345 S Division St vs Ann Arbor

9 DAYS ON ROCKET

-25 Days

$1,350,000

+$860.3K More

$455/SqFt

+$178 More

KEY TAKEAWAY

This property is $860.3K more than the Median Sold Price and $178/SqFt more than other homes in Ann Arbor, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Ann Arbor Area Board of REALTORS®
  • MLS Number: #54024019724

Listing Office:

  • Office Name: The Charles Reinhart Company
  • Office Phone: (734) 665-0300
  • Listing Agent: Elizabeth R Brien

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: 5/4/2024, 10:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 1993Home Sold
$232,607

Tax History

YEARPROP. TAXASSESSMENT
2021$17,807$491,900
2020$16,664$408,300
2019$16,076$386,100
2018$15,664$315,800
2017$15,283$294,900

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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-5879557
9
/10
  • Bach Elementary School

  • 600 W Jefferson St

  • 0.60 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5879558
8
/10
  • Slauson Middle School

  • 1019 W Washington St

  • 0.89 miles

  • Public District Grades 6-8

High School

school-card-donut-5879559
8
/10
  • Pioneer High School

  • 601 W Stadium Blvd

  • 1.23 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,552. Residents of Ann Arbor, MI typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 345 S Division St

What is the listing price of this property?

The listing price of 345 S Division St property is $1,350,000.

What type of property is this?

The property 345 S Division St is a house located in Ann Arbor, Michigan, 48104.

Is this property for sale now?

Accepting Backup Offers: 345 S Division St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 345 S Division St are:
Bach Elementary School: GreatSchools Rating 9/10
Slauson Middle School: GreatSchools Rating 8/10
Pioneer High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $17,807 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 16, 1993 for $232,607. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 345 S Division St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 345 S Division St is 2,970 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 345 S Division St is 1865.

Rocket HomesMichiganWashtenaw CountyAnn Arbor48104345 S Division St

This home is located at 345 S Division St in Ann Arbor, MI and zip code 48104 in the Central neighborhood. This 2,970 square foot home, which was built in 1865, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $1,350,000.

In April 2024 more than 73 listings in Ann Arbor, MI were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 42 were sold below. The inventory of homes for sale in Ann Arbor, MI between March 2024 and April 2024 increased by 30.6%. In April 2024 median list price was $489,700 and the average listing age was 34 days.

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

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