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407 S 5th Ave; Ann Arbor, MI Property Details

407 S 5th Ave, Ann Arbor, MI is a General that was built in 2012. This property is currently a cash purchase and is not for sale. Our records show that 407 S 5th Ave has a total of 55,700 square feet. The lot size of 407 S 5th Ave is 52,795 square feet.

Off market
407 S 5th Ave Ann Arbor, MI 48104
$12,884,100 Estimated Value
55,700 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2012
  • Purchase Price: $117,500
  • Open Loans / Balance: 1 / $4,037,426
  • APN: 09-09-29-427-025
  • Situs County: Washtenaw
  • Length Of Ownership: 19 years, 5 months

Measurements

  • Total: 55,700/SqFt
  • Lot: 52,795/SqFt
  • Living: 55,700/SqFt
  • Building: 55,700/SqFt
  • Price Per Square Foot: $2.11

Legal Description

  • Description: COM AT THE INTERSECTION OF THE CL OF S FIFTH AVE AND CL OF E JEFFERSON ST; TH S 88 DEG 04' 04" E 33 FT; TH N 01 48' 22" E
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Ann Arbor Public Schools
  • Lat / Lon: 42.276745 / -83.745926
  • Subdivision: Original Plat Of The City Of Ann Arbor
  • Property Class: Commercial
  • Zoning: R4C
  • County Use Code: 201

Amenities

  • Heating: Forced air unit

Ownership Info

407 S 5th Ave has no associated ownership info
407 S 5th Ave has no associated ownership info.

Taxes

407 S 5th Ave has 8 associated Taxes items

407 S 5th Ave, Ann Arbor, MI pays taxes in Washtenaw County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $12,884,100. The APN we've located for 407 S 5th Ave is 09-09-29-427-025.

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Taxes
  • Assessed Value:  $12,884,100
  • Assessed Year:  2026
  • Assessed County:  Washtenaw
  • APN:  09-09-29-427-025
  • Tax Amount:  495975.4
  • Tax Year:  2025
  • Market Value:  25768200
  • Market Year:  2026

Tax History

407 S 5th Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $12,884,100 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $495,975.41 Change Rate +0.114534% Assessed CR Tax Rate
Year 2024 Assessed Value $11,691,900 Land Value Improvement Value Tax Amount $445,007 Change Rate Assessed CR Tax Rate +0.038061%
Year 2023 Assessed Value $11,326,000 Land Value Improvement Value Tax Amount $445,007 Change Rate +0.378519% Assessed CR Tax Rate +0.039291%
Year 2022 Assessed Value $10,434,800 Land Value Improvement Value Tax Amount $322,815.28 Change Rate -0.44517% Assessed CR Tax Rate +0.030936%
Year 2021 Assessed Value $9,952,700 Land Value Improvement Value Tax Amount $581,827 Change Rate +0.479505% Assessed CR Tax Rate +0.058459%
Year 2020 Assessed Value $7,838,900 Land Value Improvement Value Tax Amount $393,257.78 Change Rate +0.077521% Assessed CR Tax Rate +0.050167%
Year 2019 Assessed Value $7,750,400 Land Value $7,750,400 Improvement Value Tax Amount $364,965.47 Change Rate +0.014631% Assessed CR Tax Rate +0.04709%
Year 2018 Assessed Value $7,668,100 Land Value Improvement Value Tax Amount $359,702.78 Change Rate +0.013163% Assessed CR Tax Rate +0.046909%
Year 2017 Assessed Value $7,272,500 Land Value Improvement Value Tax Amount $355,029.66 Change Rate +0.02628% Assessed CR Tax Rate +0.048818%
Year 2016 Assessed Value $5,590,904 Land Value Improvement Value Tax Amount $345,938.31 Change Rate Assessed CR Tax Rate +0.061875%
Year 2015 Assessed Value $5,574,182 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $5,819,500 Land Value Improvement Value Tax Amount $331,733.22 Change Rate Assessed CR Tax Rate +0.057004%
Year 2013 Assessed Value $5,819,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate