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1257 Island Dr APT 101, Ann Arbor, MI, 48105

2beds
1baths
871sqft
$285,000
$327price/sqft
$2,040/moest. monthly cost
$81,600/yrincome needed

About This Home

Welcome to this charming 2-bedroom, 1-bath River House condo, perfectly located for nature lovers and professionals alike. Natural light from the sliding patio doors illuminates warm hardwood floors that flow seamlessly through the living and dining areas and both bedrooms. The bright, updated kitchen features a brand-new stove/oven and fresh flooring. Both spacious bedrooms offer double closets, and the generous sized bathroom features dual vanities, beautiful tilework, and a large storage closet. Enjoy the natural surroundings just steps from Island Park walking paths, picnic shelters, and a kayak/canoe boat launch, and condo amenities including a dedicated carport, outdoor pool and secure bike storage. Amazing location with great walkability makes for quick, easy access to the UofM Medical Center, campus and City of Ann Arbor shopping, dining and entertainment!

Getting Around

45
WalkingCar-Dependent
66
TransitGood Transit
76
BikeVery Bikeable

Schools

8/10
10/10
Skyline High SchoolGrades 9-122.6 mi
9/10
Clague Middle SchoolGrades 6-81.9 mi

Construction

Condition

  • Year built: 1964

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Ranch
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Oven,Range,Refrigerator
  • Laundry features: Common Area

Basement

  • Basement: Slab

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Dining Area

  • Level: Main

Features

  • Flooring: Tile,Vinyl,Wood

Heating & Cooling

  • Heating features: Baseboard,Hot Water
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 871
  • Total interior livable area: 871 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 090921401053
  • Zoning description: R4A

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground,Association

Parking

  • Parking features: Detached,Carport
  • Carport: Yes

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 $1,441$17,292
Home Insurance *$65$780
Property Taxes $346$4,152
Electricity $188$2,259
Total$2,040$24,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,942/yr
40% on housing$61,200/yr
45% on housing$54,400/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

$327This listing

vs Other Active Listings

Avg $/sqft

ZIP 48105$270
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
2026-03-27Listed for sale$289,800
2023-07-06Sold$265,000
2023-07-06Pending sale$265,000
2023-05-19Contingent$265,000
2023-05-10Listed for sale$265,000
2022-05-31Listing removed--
2022-05-25Listed for rent$1,600
2022-05-12Listing removed--
2022-05-10Listed for rent$1,600
2021-05-13Listing removed--
2021-04-20Listed for rent$1,500
2017-07-12Listing removed$1,400
2017-04-13Listed for rent$1,400
2012-04-18Listing removed$1,250
2012-04-09Listed for rent$1,250
2011-06-25Listing removed$1,250
2011-06-02Listed for rent$1,250
2008-06-20Listing removed$163,000
2008-02-26Listed for sale$163,000

For Sale by Agent

AgentDavid Mueller
BrokerageReal Broker LLC Ann Arbor

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