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1308 Traver Rd, Ann Arbor, MI, 48105

2beds
2baths
964sqft
$525,000
$545price/sqft
$3,600/moest. monthly cost
$144,000/yrincome needed

About This Home

What an Opportunity! Buildable lot in a great, walkable, tree-lined neighborhood: coffee/bar, restaurants, groceries, Downtown, Kerrytown, farmer's market, Hospitals, UM Campuses, train & bus lines, Huron River parks, trails, biking, canoeing & kayaking. Lovely views of downtown lights at night and woods in the day. Lot includes a charming, historic & updated 964 sq ft cottage w/2 bedrooms, cook's kitchen & 2 full baths, maple floors, deck and big front porch. Live in or rent out the cottage while you build. Cottage also makes a great home office, studio, in-law or guest space or rental. This lot has easy street and utility access, flat terrain and no large trees to clear for easy building. Concept drawings in listing are by architect H. Scott Diels and this or something comparable by him, or by your own architect could be built here. Home Energy Score 6. Full report: stream.a2gov.org . Property taxes currently are NON-homestead.

Getting Around

70
WalkingSomewhat Walkable
56
TransitGood Transit
77
BikeVery Bikeable

Schools

8/10
10/10
Skyline High SchoolGrades 9-122.2 mi
9/10
Clague Middle SchoolGrades 6-82.1 mi

Construction

Materials

  • Roof: Asphalt
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Historic
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Eat-in Kitchen
  • Window features: Storms,Screens,Garden Window
  • Flooring: Carpet,Tile,Vinyl,Wood
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 964
  • Total interior livable area: 964 sqft

Property

Details

  • Parcel number: 090921313007
  • Zoning description: R2A

Features

  • Stories: 3

Lot

  • Lot size: 6,969 sqft
  • Features: Level,Sidewalk,Ground Cover,Shrubs/Hedges
  • Lot size dimensions: 105 x 66

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

FEMA Declared Disasters in Washtenaw County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$120$1,440
Property Taxes $638$7,656
Electricity $188$2,259
Total$3,600$43,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,428/yr
40% on housing$108,000/yr
45% on housing$96,000/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$545This listing

vs Other Active Listings

Avg $/sqft

ZIP 48105$268
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48105$267
Washtenaw County$214

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-11Listed for sale$599,000
2025-08-21Listing removed$499,000
2025-07-04Price change$499,000
2025-06-04Price change$520,000
2025-05-24Listed for sale$549,000
2025-04-11Contingent$549,000
2025-03-14Listed for sale$549,000
2024-10-25Listing removed$585,000
2024-07-01Listed for sale$585,000
2022-10-03Sold$398,000
2022-08-30Contingent$399,900
2022-08-19Listed for sale$399,900

For Sale by Agent

AgentMaris Laporter
BrokerageThe Charles Reinhart Company

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