Ann Arbor Real Estate: 5204 Shepper Road, Stockbridge, MI 49285

 5204 Shepper Road, Stockbridge 49285

$119,900 | 3 Bedrooms | 1 Bathrooms | 4.74 Acres | MLS #: 3209402

Blog 1You will be pleasantly surprised! Three bedroom and one bath home in rural Stockbridge on a 4.74 acre lot. Beautiful country setting that is accessible on all paved roads. Easy access to main roads and is minutes away from Stockbridge village and just 15 minutes to downtown Chelsea. You will enjoy the new remodeled kitchen with oak cabinets and hardwood oak floor. This home also has remodeled bath with tub and separate shower. Check out the great outdoors on the wrap around deck that can be accessed from kitchen, great room and bedroom. This home has a large out building that can store your car and has plenty of room to store all your toys. Call today to schedule a private showing of this Ann Arbor Real Estate.  Please pay attention to exclusions.

Blog 2The Village of Stockbridge was founded in 1835 and incorporated in 1889.  The Village of Stockbridge is incorporated as a General Law Village with a Council/President form of government.  Stockbridge is placed snuggly between Lansing, home of the MSU Spartans and our State’s Capital, and Ann Arbor home of the U of M Wolverines.  The Village has a little of something for everyone from antiques, flowers, restaurants and much more.

 

Related Links and more homes for sale in Ann Arbor, Michigan

Ann Arbor real estate taxes affect Ann Arbor Area Home Buyers| Ann Arbor Real Estate Experts| 734-669-0337

Washtenaw County Property Taxes Affect Purchasing Power and Tax Deductions809 Kingsley Ann Arbor, MI
With a wealth of on line resources,  a growing for sale by owner market, and countless educational TV shows,  it is no wonder buyers may take a do it your self approach to home purchasing in Ann Arbor.  But having access to data and correct interpretation of the information can be problematic.
When it comes to Ann Arbor Real estate taxes, knowing how the property taxes affect the home buying decision is important.  For point of reference, we are linking the Washtenaw County millage rates, Michigan Property Tax Calculation Explanation Video, and property tax calculator to determine the probable future taxes on your next home.  Future tax effect can impact your mortgage payments/ escrow account, so understanding this is important.
Take this example.  Buyer bought new construction that was basically taxed on vacant land as of May. In July, the assessor thought the homes was basically complete and the builder was just delaying finishing until he secured the buyer, so they assessed it 80 percent complete.  This assessment did not get reported until the Dec 1  tax bill was generated.  The home was completed, the buyer closed last day of November and in December received their first tax bill of $11,000.  The bill based on the June reported data should have been $6,000.  This was a huge surprise to the buyers and their attorney.

This example was for a property in West Ridge.  The buyer was in the process of waiting for the mortgage financing approval.  A new tax bill was issued to the Sellers and the taxes rose slightly.  The extra tax amount made the buyer unqualified for the loan and the buyer had to walk away from the house purchase.
Understanding  the difference between homestead and non homestead rate is important.  If the Seller vacated the property and lost the homestead rate, the buyer could be the recipient of a future tax bill nightmare surprise.  It is always wise for the buyer to check with the taxing authority to get confirmation on billing assumptions and calculations.  When doing your real estate property search, just check this link to determine where the home is located and what schools the children attend.
Referring to the chart again;
If a home is in Lodi Township Ann Arbor Schools, the homestead millage rate is 30.27 and  if State Equalized Value – SEV is $100,000,00 the tax Estimated Property Tax For Primary Residence or Qualified Farm (Homestead) is $,3027.00
If a home is in Lodi Township Dexter Schools, the homestead millage rate is 31.22 and  if SEV is $100,000 the tax Estimated Property Tax For Primary Residence or Qualified Farm (Homestead) is $3,122.00.  Based on the home purchasing budget and federal and State tax write offs, this may or may not be important.  Either way, having a professional guide you through  the Ann Arbor Area home  purchasing steps may prove invaluable.  Consider your buyer agent an indispensable partner in the home buying process.
SEV (STATE EQUALIZED VALUE) – is 1/2 the market value the local assessor assigns your property. So if the the assessor thinks your house is worth $200,000 then your SEV would be $100,000.   SEV is what the Washtenaw County local assessor thinks your house is worth. So just by multiplying the SEV by 2 will not give you what you can sell your house for or what it will appraise for.Your city or township assessor determines the State Equalized Value SEV based on a formula and other recently sold homes that are comparable. But remember when you get your tax statement that SEV is only what the city thinks it is worth not what your taxes are based on.

TV (TAXABL VALUE)When you buy a house, the next May the taxable value resets to equal the SEV.  If you buy an Ann Arbor home in Sept. The current taxable value is 100,000 and the SEV is $150,000. Taxes are $2000. So next year at the beginning of May the SEV and taxable value will both become $150,000 (unless the city assessor raised the SEV).  The State equalized value and taxable value becomes the same number. So in this example the taxes would go up to $3000 the following year.

So when you look at a property tax statement the main number you want to look at as a homeowner is the TAXABLE VALUE. That is the number you times by the millage rate to get the Michigan property number you owe.

TAXABLE VALUE X MILLAGE RATE = PROPERTY TAX OWED

Then after the first year taxable value resets the taxable value will go up the lesser of 5% or rate of inflation. But Taxable value can go down if SEV goes down to below taxable value or equal to taxable value.  This can be complicated, so make sure you research your situation.

Weather you are looking for the best deals in Ann Arbor foreclosures, Ann Arbor Area short sales, horse properties, or perfect Ann Arbor Area subdivisions, downtown Ann Arbor by U of M Campus, call your Ann Arbor Real Estate Experts to find the perfect Ann Arbor home: 734-669-0337.

102.9 FM Radio W4Country with REALTOR Kathy Toth

I record radio spots with host Brian Cowan of 102.9 FM “Breakfast with Bubba” in the morning.  We get together every so often.  I thought Kathy on Radiothese spots were fun since they reflect Christmas.

He asks me about the Ann Arbor Real Estate market and tips on getting the best deal or selling for the most money.

I have been working with Brian for 8 years and want to congratulate him on 10 years with this station.  He makes the job easy for me.  I say that he is like a good dance partner.  He leads and I just follow.  When we get together, it is like I am just talking to a friend and there is no one else in the room (except 150,000 listeners in the Ann Arbor Area).

Radio Spot December 18, 2012

Radio Spot December 19, 2012

At this point we have become friends and am amazed by the work that he does for the community and the personal appearance hours he puts in.  His schedule rivals the interns and REALTORS!

I am very grateful for many things in my life and feel blessed to know Brian Cowan.  Others who have been good friends include Lori, Fanny and the other 2 Brians at Cumulus.  My long time friend Matt Wagner helps with ideas and execution and net working with other peers in the Radio and Television Network.

We at the Toth Team hope the listeners, our family of clients, and friends have a Merry Christmas.  Regardless of the Season, friendship is one of the greatest treasures on earth.

 

 

 

Early Christmas Gift Unwrapped from Arthur O’Connor

Today I opened a gift wrapped in Christmas paper, mailed from my Godmother Aunt Joanne.  It is the book pictured here of poems Arthur William O'Connor
written by Arthur William O’Connor.

He was born of Edward O’Connor in Wicklow in 1869. He emigrated from Ireland to the United States in 1895.  He married Julia LaRue in 1898 in Fulton, New York.  They had 3 children; Edward, Arthur and Helen. He was a painter, poet and sales person.  My aunt published his 25 poems in this book to share and pass on.  They have been housed in a leather book where each page was hand inscribed with self drawn frames.

Many of these are his laments of the Motherland and how he missed his dear sacred isle.  When you read his inner most thoughts you can feel his faith, sadness and deep love.  Here is an excerpt from one.

Longings

Unbidden thoughts will sometimes fly,

To scenes and friends of long ago,

And with a sigh,

We wish them nigh,

Because we love  and want them so.

This is a small tribute to my great Uncle.

 

Wishing all a Joyous Christmas from Ann Arbor.

Highest Priced Home Sold in Ann Arbor

As we wind down the Ann Arbor Real Estate selling season, ending in a Sellers market, I was reviewing the data for the home that sold for the most money year to date.  The most expensive home in the Ann Arbor luxury market sold for $1,750,000.00.  There were 12 homes that sold over $1,000,000.00  in Ann Arbor and the averages for these homes is below:

Listing $

SqFt

Listing Pr/SqFt

DOM/CDOM

Sale $

Selling Pr/SqFt

$1,373,642

6454

$223

97/87

$1,277,917

$206

The average sold price per square feet for the Ann Arbor luxury market was $206.00.  The most expensive home sold in Ann Arbor is pictured here- total square feet of 6487, 6 bedrooms 5.1 baths set on 1.6 acres.highest ann arbor sold home

Saline Area Reports Sellers Market

 Current Saline Real Estate Market Data, click here.  Saline is in a Sellers market.

Saline

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The recent history of sales can be seen in the two charts above. The median sold price for the last 30 days was $262,500 with a DOM of 53 days. Since the recent DOM is greater than the median DOM for the last 6 months, it is a negative indicator for demand. It is always important to realize that real estate markets can fluctuate due to many factors, including shifting interest rates, the economy, or seasonal changes.

Looking at the chart below, you might be wondering why average days on market (DOM) is important. This is a useful measurement because it can help us to determine whether we are in a buyer’s market (indicated by high DOM), or a seller’s market (indicated by low DOM). Active listings (properties for sale) have been on the market for a median time of 87 days. Analysis of sold properties for the last six months reveals a median sold price of $272,500 and 41 days on market. Notice that properties in the $600,000 – $700,000 price range have sold quickest over the last six months.

Saline Graph

Search for Homes for FREE in Saline at HomeSearchAnnArbor.com

Breconshire Condos  |  Brookview Highlands Lodi/Pittsfield  |  Centennial Farms  |  Centennial Park  | Crestwood Knolls  |  Crooked Stick at Stonebridge  |  Doral Creek at Stonebridge  |  Forest Trails Neighborhood |  Golden Acres Subdivision  |  Harwood Farms Subdivision  | Hi-View Subdivision | Highpointe Villas in Stonebridge  |  Lohr Lake Village  |  Mallard Cove Neighborhood  |  Regents Park  | Silo Ridge Subdivision  |   The Links at Stonebridge  |  The Vineyards of Sha Estates  | Timberview Acres Subdivision  |  Twin Islands at Stonebridge Condominiums  |  Warner Creek Subdivision

We would like to see your face so “Like” Us on Facebook  |  ”Follow” Us on Twitter   |  Find Me on LinkedIn   |  Pin our Pics on Pintrest  | View My Google+ Profile   | Read Our Blog at AnnArborTalks.com  |  Watch Our Videos

Contact the Toth Team at www.KathyToth.com

Ann Arbor Real Estate: 514 Arthur, Chelsea, MI 48118

Sorenson Subdivision: 514 Arthur, Chelsea 48118

Blog 1

$99,900 | 3 Bedrooms | 1 Bathrooms |  MLS #: 3209340

You will be pleasantly surprised! Great starter home with 3 bedrooms and 1 bath that is priced to sell and is located in the Sorensen Subdivision. Easy access to and walking distance to down town Chelsea. Close to shopping, restaurants, pharmacy and banking. Only 20 minutes to Ann Arbor. Spacious living room, kitchen with raise panel white cabinets and plenty of storage areas. Three season screened Florida room attached to back of home. Two car detached garage with new doors. Spacious back yard with room for garden. Updates include: Roof, furnace and water heater. Schedule a showing to view this Ann Arbor Real Estate before it’s too late….

Blog 2

Chelsea’s charming downtown could have easily been the inspiration for a classic Norman Rockwell painting of true Americana. Lined with many unique and independently-owned stores, coffee shops and delightful restaurants, Chelsea’s downtown area also plays host to the city’s many festivals and fairs. Other notable landmarks in Chelsea include the historical ClockTower and the Chelsea Milling Company, home of the delicious Jiffy baking mixes.

 Related Links and more homes for sale in Ann Arbor, Michigan
See Extra Photos for 514 Arthur
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Additional ANN ARBOR AREA REAL ESTATE Listings

Kathy Toth and Team
www.KathyToth.com
Keller Williams Realty

Chelsea Area Market Report Over the Last 6 Months

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Chelsea number of listings for Sale Vs. Pending Contract in Chelsea

Market Snapshot
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Let’s take a look at the real estate market.

Currently there are 8 Chelsea home sales pending in the market overall, leaving 97 listings still for sale. The resulting pending ratio is 7.6% (8 divided by 105). So you might be asking yourself, that’s great… but what exactly does it mean? I’m glad you asked!

The pending ratio indicates the supply & demand of the Chelsea Real Estate market. Specifically, a high ratio means that homes are selling and quickly going to contract. Alternatively, a low ratio means there are not enough qualified buyers for the existing supply. “Current inventory is described as somewhat slow.”

Taking a closer look, we notice that the $0 – $100,00 price range has a relatively large number of contracts pending sale. We also notice that the $200,000 – $300,000 price range has a relatively large number of Chelsea homes for sale at 32 listings. The median list price (or asking price) for all properties in this market is $249,900. A total of 118 Chelsea homes have closed in the last 6 months with a median sold price of $184,500. Breaking it down, we notice that the $100,000 – $200,000 price range contains the highest number of sold Chelsea homes.

Search for Chelsea homes with our Free Online Search Engine HomeSearchAnnArbor.com. Put it on  your mobile phone!  Look, we are working during the Holidays, call us 734-669-0337.

Explore Chelsea:  Purple Rose Theatre  |  The Common Grill  |  Chelsea Center for the Arts  |  Chelsea Center for the Arts  |  Chelsea Clock Tower  |  Chelsea Teddy Bear Company  |  Chelsea Community Tour  |  Ellie’s Chocolate Cafe  |  Glee Cake and Pastry  | Silver Maples Community  |  Zou Zou’s Cafe

“Like” Us on Facebook  |  ”Follow” Us on Twitter   |  Find Me on LinkedIn   |  Pin our Pics on Pintrest  | View My Google+ Profile   | Read Our Blog at AnnArborTalks.com  |  Watch Our Videos

Kathy Toth and Team, Keller Williams Realty.  Visit us on the web at www.KathyToth.com

What does a Dexter luxury home look like?

Find all Dexter, Michigan luxury homes for sale now.

  • photos right Virtual Tour $1,575,000

    M.D. L4498 P908 Unit 7, Cobblestone Estates

    6 Beds | 5 Baths | 1 Half | 9561 SqFt | 14.36 Acres

  • Dexter $899,000

    On File, Dexter

    4 Beds | 3 Baths | 1 Half | 5000 SqFt | 5 Acres

  • Dexter Virtual Tour $895,000

    3Dexter

    On File At Listing Office, Dexter

    Beds | 4 Baths | 1 Half | 5654 SqFt | 9.8 Acres

  • Ann Arbor Virtual Tour $870,000

    Site #34, The Glade Condo.

    Beds | 4 Baths | 1 Half | 6841 SqFt | 1.29 Acres

  • Dexter Virtual Tour $849,500

    Unit 3 Webster Hills Condo, Dexter

    Beds | 4 Baths | 1 Half | 4913 SqFt | 2 Acres

  • Dexter Virtual Tour $799,900

    Metes & Bounds, Dexter

    3 Beds | 2 Baths | 1524 SqFt | 77.5 Acres

  • Dexter Virtual Tour $780,000

    7Dexter

    Unit 41 Webster Hills, Dexter

    4 Beds | 4 Baths | 3886 SqFt | 2.8 Acres

  • Dexter Virtual Tour $694,900

    Site 38 The Preserves, Dexter

    5 Beds | 3 Baths | 1 Half | 5042 SqFt | 1.06 Acres

  • Dexter Virtual Tour $658,000

     

    4 Beds | 3 Baths | 1 Half | 6166 SqFt | 19.12 Acres

  • Dexter $605,000

    Site 37, The Preserve Of Dexter,

    4 Beds | 3 Baths | 1 Half | 3406 SqFt | 1.18 Acres

  • Dexter Virtual Tour $599,900

    11Dexter

    Part Of Sw 1/4 Section 15, Dexter

    3 Beds | 2 Baths | 1 Half | 3000 SqFt | 4.46 Acres

    This listing is no longer available. Remove from favorites?

  • Dexter $599,900

    12Dexter

    Tbd, Dexter

    3 Beds | 2 Baths | 1 Half | 3342 SqFt | 6.4 Acres

    This listing is no longer available. Remove from favorites?

  • Dexter $599,000

    13Dexter

    Unit 82, The Preserve Of Dexter, Dexter

    3 Beds | 3 Baths | 1 Half | 3340 SqFt | 1.1 Acres

    This listing is no longer available. Remove from favorites?

  • Dexter $599,000

    14Dexter

    Beg, Being A Part Of E 3/4 Of Sec. 24 T2s-R4e 28.40 Ac, Dexter

    3 Beds | 1 Baths | 2000 SqFt | 28.45 Acres

  • Dexter $587,000

    Site 39, The Preserve Of Dexter,

    4 Beds | 4 Baths | 1 Half | 3725 SqFt | 1.14 Acres

  • Dexter $549,900

    16Dexter

    Unit #16 Timber Ridge, Dexter

    3 Beds | 3 Baths | 1 Half | 3601 SqFt | 1.33 Acres

  • DexterUnder Contract! Virtual Tour $524,000

    Part Of The Nw 1/4 Of Section 7, Township Of Scio

    4 Beds | 2 Baths | 1 Half | 3412 SqFt | 3.35 Acres

  • Dexter Virtual Tour $510,000

    Unit 7 Cedar Hills Condo, Dexter

    4 Beds | 4 Baths | 1 Half | 4600 SqFt | 2.01 Acres

  • Whitmore Lake Virtual Tour $500,000 

    Whitmore Lake

    Meets And Bounds, Whitmore Lake

    2 Beds | 2 Baths | 2251 SqFt | .84 Acres

    This listing is no longer available. Remove from favorites?

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