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505 E Huron St APT 508, Ann Arbor, MI, 48104

1beds
1baths
1,250sqft
$519,900
$416price/sqft
$3,575/moest. monthly cost
$143,000/yrincome needed

About This Home

Experience luxury living at Sloan Plaza, one of Ann Arbor's premier condominium communities. Ideally located adjacent to the University of Michigan's Central Campus and just a short walk to Michigan Medicine and the hospital campuses, this secure building features-controlled entry and a fully staffed front desk for exceptional convenience and peace of mind. Perfect as a primary residence, game-day retreat, or low-maintenance downtown home, you'll be steps from Kerrytown, the Michigan Theater, Main Street shopping, acclaimed restaurants, cafés, and vibrant entertainment options. This rare, oversized 1-bedroom, 1-bath residence offers breathtaking panoramic views of Ann Arbor. The spacious living room is highlighted by a fireplace and large windows that fill the home with natural light. A sunny flex space provides the perfect setting for a home office, reading nook, or creative retreat. The efficient kitchen offers abundant cabinetry and excellent storage. The generously sized primary bedroom features ample closet space and direct access to the full bath. A separate utility and laundry room with a new washer and dryer adds everyday convenience. The property also includes one deeded covered parking space and a private storage closet. Enjoy a sophisticated, lock-and-leave lifestyle in one of downtown Ann Arbor's most desirable and convenient addresses.

Getting Around

96
WalkingWalker's Paradise
78
TransitExcellent Transit
87
BikeVery Bikeable

Schools

8/10
Bach Elementary SchoolGrades K-50.7 mi
9/10
Slauson Middle SchoolGrades 6-81.0 mi
10/10
Skyline High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1986

Materials

  • Construction materials: Brick

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: Slab

Bedrooms & Bathrooms

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

Features

  • Elevator
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 1,250
  • Total interior livable area: 1,250 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 090929106054

Features

  • Stories: 1

Lot

  • Lot size: 0.70 Acres

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

How This Home’s Risks Compare

Cold Wave

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 $2,628$31,536
Home Insurance *$127$1,524
Property Taxes $632$7,584
Electricity $188$2,259
Total$3,575$42,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,571/yr
40% on housing$107,250/yr
45% on housing$95,333/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

$416This listing

vs Other Active Listings

Avg $/sqft

ZIP 48104$296
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48104$352
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
2026-07-23Price change$519,900
2026-06-06Price change$535,000
2026-05-15Listed for sale$560,000
2025-11-07Sold$535,000
2025-10-13Contingent$549,900
2025-09-18Listed for sale$549,900

For Sale by Agent

AgentRobyn Schmier
BrokerageHoward Hanna Real Estate

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