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511 N Wagner Rd, Ann Arbor, MI, 48103

2beds
2baths
1,747sqft
$429,000
$246price/sqft
$3,323/moest. monthly cost
$132,920/yrincome needed

About This Home

Opportunity awaits you with this solid brick ranch on a beautiful 1-acre setting just minutes from Ann Arbor and Dexter! This professionally painted home offers 1,147 square feet of main-floor living with 2 bedrooms and 1.5 updated bathrooms. The tile in the custom bathrooms was installed by Italian Craftsmen. Gather around the striking two-way brick fireplace that warms both the spacious living room and an inviting reading nook. The large kitchen is ready for your personal vision and updates. Enjoy your morning coffee or evening sunsets from the covered deck overlooking the mature trees and peaceful backyard. The finished basement provides extra living and entertaining space, including a wet bar and a workroom/home office. The attached, deep, 2-car garage adds everyday convenience. This property has potential for a pole barn and plenty of room to enjoy playing outdoors. The Kitchen cabinets could be refaced, saving you money on replacing them. The blackout blinds throughout the 1st floor are all included. The sound-barrier windows in the front bedroom are designed to provide additional quiet. The driveway has extra turnaround and parking space. As you can see from the Virtual Staging, this wonderful home can be changed to suit your desires.

Getting Around

18
WalkingCar-Dependent
32
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

7/10
Abbot SchoolGrades K-50.8 mi
9/10
Forsythe Middle SchoolGrades 6-81.7 mi
10/10
Skyline High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1971

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Humidifier,Disposal,Dryer,Refrigerator,Washer,Water Softener Owned
  • Laundry features: In Basement,Laundry Room

Basement

  • Basement: Full

Bedrooms & Bathrooms

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

Features

  • Wet Bar,Eat-in Kitchen
  • Flooring: Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 600

Heating & Cooling

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

Interior Area

  • Total structure area: 1,147
  • Total interior livable area: 1,747 sqft

Property

Details

  • Parcel number: H0823180001
  • Zoning description: R-1

Features

  • Stories: 1

Lot

  • Lot size: 1 Acres
  • Features: Corner Lot
  • Lot size dimensions: 281 x 169

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Front,Garage Door Opener,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Tornado
Cold Wave
Hail
Ice Storm
Lightning
Winter Weather

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 $2,169$26,028
Home Insurance *$115$1,380
Property Taxes $849$10,188
Electricity $190$2,286
Total$3,323$39,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$113,931/yr
40% on housing$99,690/yr
45% on housing$88,613/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

$246This 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
2026-08-16Price change$415,000
2026-07-11Listed for sale$429,000
2004-09-23Sold$220,000

For Sale by Agent

AgentJohn Tenza
BrokerageThe Charles Reinhart Company

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