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2557 W Towne St, Ann Arbor, MI, 48103

3beds
4baths
2,326sqft
$465,000
$200price/sqft
$3,294/moest. monthly cost
$131,760/yrincome needed

About This Home

Welcome home to 2557 W. Towne St., a beautifully appointed 3-bedroom, 3.5-bath residence offering 2,326 sq ft of thoughtfully designed living space in one of Ann Arbor's most convenient locations. Step inside to find warm wood floors flowing through the main living areas, anchored by a cozy fireplace perfect for MI winters. The white kitchen is a standout, featuring crisp cabinetry & SS appliances that make everyday cooking & entertaining a pleasure. This home truly shines outdoors, offering three distinct spaces to enjoy fresh air and city views: two private balconies & a patio. An attached garage adds everyday convenience & extra storage. You're just minutes from grocery stores for easy errands, Zingerman's Roadhouse for a taste of Ann Arbor's food scene, and both a Pilates studio and Liberty Athletic Club to keep your wellness routine in check. With 3.5 bathrooms, 3 bedrooms, and 3 outdoor retreats, this home this home offers space, style, and an unbeatable location all in one. Home Energy Score of 9. View report on A2 HERDMap - https://experience.arcgis.com/experience/05556b0ff9ea4e9f9a9f2d9d8be9a101

Getting Around

78
WalkingVery Walkable
42
TransitSome Transit
82
BikeVery Bikeable

Schools

8/10
9/10
Forsythe Middle SchoolGrades 6-81.7 mi
10/10
Skyline High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 2018

Materials

  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: In Hall,Upper Level

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 453

Heating & Cooling

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

Interior Area

  • Total structure area: 1,873
  • Total interior livable area: 2,326 sqft

Property

Details

  • Parcel number: 090825400076
  • Zoning description: R4B

Features

  • Stories: 3
  • Exterior features: Balcony

Lot

  • Lot size: 871.20 sqft

Parking

  • Total spaces: 1
  • Parking features: Garage Door Opener,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $2,351$28,212
Home Insurance *$125$1,500
Property Taxes $565$6,780
Electricity $253$3,044
Total$3,294$39,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,937/yr
40% on housing$98,820/yr
45% on housing$87,840/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

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 48103$265
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48103$275
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
2026-07-17Listed for sale$465,000
2019-04-29Sold$420,710

For Sale by Agent

AgentChristina Restrick
BrokerageThe Charles Reinhart Company

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