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502 Heritage Dr; Ann Arbor, MI Property Details

502 Heritage Dr, Ann Arbor, MI is a Condominium that was built in 1986. This property is currently a cash purchase and is not for sale. Our records show that 502 Heritage Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 1,636 square feet. The lot size of 502 Heritage Dr is 2,582 square feet.

Off market
502 Heritage Dr Ann Arbor, MI 48105
$725,000 Listing Price
4 Beds
2.5 Baths
1,636 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1986
  • Purchase Price: $725,000
  • Est. Equity / %: $702,000 / 100%
  • Gross Yield: 8.937%
  • APN: 09-09-26-200-038
  • Situs County: Washtenaw
  • Length Of Ownership: 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 1,636/SqFt
  • Lot: 2,582/SqFt
  • Garage: 480/SqFt
  • Living: 1,636/SqFt
  • Basement: 1,570/SqFt
  • Building: 1,636/SqFt
  • Garage Unfinished: 480/SqFt
  • Basement Unfinished: 1,570/SqFt
  • Price Per Square Foot: $443.15

Legal Description

  • Description: UNIT 10 HERITAGE RIDGE CONDOMINIUMS
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Ann Arbor Public Schools
  • Lat / Lon: 42.281467 / -83.69832
  • Subdivision: Heritage Ridge Condominium
  • Property Class: Residential
  • Zoning: R3
  • County Use Code: 401

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2556
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $675
  • H O A Amount: $675
  • H O A One Frequency: Monthly
  • H O A One Name: Heritage Ridge Condo
  • H O A One Type: Condo  Owner Association

Ownership Info

502 Heritage Dr has no associated ownership info
502 Heritage Dr has no associated ownership info.

Taxes

502 Heritage Dr has 8 associated Taxes items

502 Heritage Dr, 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 $287,900. The APN we've located for 502 Heritage Dr is 09-09-26-200-038.

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Taxes
  • Assessed Value:  $287,900
  • Assessed Year:  2026
  • Assessed County:  Washtenaw
  • APN:  09-09-26-200-038
  • Tax Amount:  13097.76
  • Tax Year:  2025
  • Market Value:  575800
  • Market Year:  2026

Tax History

502 Heritage Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $287,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $13,097.76 Change Rate +0.112251% Assessed CR Tax Rate
Year 2024 Assessed Value $275,800 Land Value Improvement Value Tax Amount $11,775.9 Change Rate Assessed CR Tax Rate +0.042697%
Year 2023 Assessed Value $266,100 Land Value Improvement Value Tax Amount $11,775.9 Change Rate +0.24898% Assessed CR Tax Rate +0.044254%
Year 2022 Assessed Value $248,900 Land Value Improvement Value Tax Amount $9,428.41 Change Rate -0.450088% Assessed CR Tax Rate +0.03788%
Year 2021 Assessed Value $276,900 Land Value Improvement Value Tax Amount $17,145.3 Change Rate +0.626522% Assessed CR Tax Rate +0.061919%
Year 2020 Assessed Value $260,100 Land Value Improvement Value Tax Amount $10,541.08 Change Rate +0.073103% Assessed CR Tax Rate +0.040527%
Year 2019 Assessed Value $268,500 Land Value $268,500 Improvement Value Tax Amount $9,822.99 Change Rate +0.013391% Assessed CR Tax Rate +0.036585%
Year 2018 Assessed Value $257,800 Land Value Improvement Value Tax Amount $9,693.19 Change Rate +0.007464% Assessed CR Tax Rate +0.0376%
Year 2017 Assessed Value $251,600 Land Value Improvement Value Tax Amount $9,621.38 Change Rate +0.036509% Assessed CR Tax Rate +0.038241%
Year 2016 Assessed Value $192,395 Land Value Improvement Value Tax Amount $9,282.49 Change Rate Assessed CR Tax Rate +0.048247%
Year 2015 Assessed Value $191,820 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $192,300 Land Value Improvement Value Tax Amount $8,839.96 Change Rate Assessed CR Tax Rate +0.04597%
Year 2013 Assessed Value $192,300 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate