2243 Old Falls Dr, Ann Arbor, MI, 48103
About This Home
Beautifully built Heritage Falls condo offering an open floor plan and approximately 4,000 square feet of living space, tucked at the back of a quiet private cul-de-sac. The first-floor primary suite includes a walk-in closet, en suite bath, Jacuzzi soaking tub, separate shower, dual vanities, and a Toto bidet toilet with a heated seat. A second bedroom also has its own full bath. The main level features a home office with custom built-in shelving and cabinetry, a wood-burning fireplace, laundry/mudroom, formal dining room, and a sunroom that opens to a full-size private deck with an electric awning. The updated eat-in kitchen with bar seating includes a vaulted ceiling, granite countertops, and stainless-steel appliances. The finished basement includes a guest suite with a private bath, walk-in closet, and egress window, plus a fourth bedroom with an egress window, a gas fireplace, kitchenette/bar area, and a spacious open area for games and entertaining. Additional highlights include ceiling fans throughout and upgrades such as a whole-house sound system, 75-gallon water heater, furnace and central air, garage epoxy floor, and custom cabinetry and slatwall throughout the garage. Conveniently located near shopping, with easy access to I-94 and nearby walking and biking trails. Seller is offering $2,000 credit at closing for Primary Bedroom Flooring.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Roof: Asphalt,Shingle
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: Condo
- Architectural style: Ranch
- Property subType: Condominium
Interior
Appliances
- Appliances included: Humidifier,Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room,Main Level,Sink,Washer Hookup
Basement
- Has basement: Yes
- Basement: Daylight,Full
Bedroom2
- Level: Main
Bedroom3
- Level: Basement
Bedroom4
- Level: Basement
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Dining Area
- Level: Main
Dining Room
- Level: Main
Family Room
- Level: Main
Features
- Ceiling Fan(s),Wet Bar,Eat-in Kitchen,Pantry
- Window features: Skylight(s),Screens,Insulated Windows,Window Treatments
- Flooring: Carpet,Ceramic Tile,Laminate,Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Gas Log,Living Room,Recreation Room,Wood Burning
- Fireplace: Yes
- Finished area below ground: 1,900
Great Room
- Level: Basement
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,190
- Total interior livable area: 4,090 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Office
- Level: Main
Property
Details
- Parcel number: L1207220008
- Zoning description: PUD
Features
- Stories: 1
- Has spa: Yes
- Spa features: Hot Tub Spa
Lot
- Lot size: 2,613 sqft
- Features: Level,Sidewalk,Wooded,Site Condo,Cul-De-Sac,Shrubs/Hedges
Parking
- Total spaces: 2
- Parking features: Garage Faces Side,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
- Cold Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Washtenaw County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,433 | $41,196 |
| Home Insurance * | $183 | $2,196 |
| Property Taxes | $826 | $9,912 |
| Electricity | $446 | $5,353 |
| Total | $4,888 | $58,656 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $675,000 |
| 2026-07-06 | Price change | $679,000 |
| 2026-05-29 | Listed for sale | $699,000 |
| 2023-07-29 | Listing removed | -- |
| 2023-06-27 | Listed for rent | $3,500 |
| 2021-09-28 | Listing removed | -- |
| 2021-08-08 | Listed for rent | $3,500 |
| 2020-10-01 | Listing removed | $3,500 |
| 2020-08-07 | Listed for rent | $3,500 |
| 2020-05-29 | Listing removed | $625,000 |
| 2020-05-14 | Listed for sale | $625,000 |
| 2013-10-18 | Sold | $495,000 |
| 2005-01-14 | Sold | $484,800 |
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