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CondominiumResidential

315 2nd St

ANN ARBOR, MI 48103
0.55 ac
Lot SizeThe size of the land the home sits on, from county records.
2005
Year BuiltThe year the home was originally built, according to county records.
Built 20055 floors67 units692–1,992 ft²
$46M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$645K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$592
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+84.0%vs the Ann Arbor ZIP median sale $/ft² ($322)

Sales Performance

$740K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+42.9%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
5
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
7.5%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.8%per yeartypical hold 5.4 yrsfrom 87 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20062009201220152017202020232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20062009201220152017202020232026

144 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$437K$721K$1M$1.3M692 ft²952 ft²1,212 ft²1,472 ft²1,732 ft²1,992 ft²
Studio1 bd2 bd
Studio
38 units
1 bed
20 units
2 bed
9 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 1.5 ba · 970 ft²
3 units
Studio · 2 ba · 1,492 ft²
3 units
Studio · 1 ba · 692 ft²
2 units
1 bd · 1 ba · 692 ft²
2 units
Studio · 1.5 ba · 762 ft²
2 units
1 bd · 1 ba · 807 ft²
2 units
Studio · 1 ba · 807 ft²
2 units
Studio · 1.5 ba · 840 ft²
2 units
Studio · 1.5 ba · 859 ft²
2 units
Studio · 1.5 ba · 889 ft²
2 units
Studio · 1.5 ba · 906 ft²
2 units
1 bd · 1 ba · 1,022 ft²
2 units
1 bd · 1.5 ba · 1,041 ft²
2 units
2 bd · 2 ba · 1,097 ft²
2 units
One-off layouts
37 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$437K–$542K
16 units
$545K–$650K
19 units
$660K–$742K
11 units
$771K–$837K
10 units
$889K–$937K
7 units
$988K–$1.1M
2 units
$1.1M–$1.1M
1 unit
$1.3M–$1.3M
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 2
$583/ft²
Floor 3
$603/ft²
Floor 4
$607/ft²
Floor 5
$597/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·05
$691/ft²
Line ·04
$689/ft²
Line ·14
$670/ft²
Line ·03
$660/ft²
Line ·11
$615/ft²
Line ·08
$608/ft²
Line ·07
$606/ft²
Line ·16
$602/ft²
Line ·06
$598/ft²
Line ·15
$582/ft²
Line ·13
$575/ft²
Line ·12
$565/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.73%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.22%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.7.2 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.61%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.35%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$627,971
Median tax billThe middle annual property tax bill among the building's units.$16,065
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.64 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyWASHTENAW
Lot (acres)The size of the land the home sits on, from county records.0.55
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

District: Ann Arbor Public Schools

Neighborhood · ZIP 48103These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.85
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.33

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.54,841
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.846 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$118,734
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$149,676
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

315 2nd St # 201
2 ba · 1,674 ft²
$937K
315 2nd St # 202
3 ba · 1,615 ft²
$561K
315 2nd St # 204
1 ba · 692 ft²
$457K
315 2nd St # 205
1 bd · 1 ba · 807 ft²
$518K
315 2nd St # 206
1.5 ba · 859 ft²
$522K
315 2nd St # 207
1 bd · 1.5 ba · 840 ft²
$498K
315 2nd St # 208
1 bd · 1.5 ba · 1,038 ft²
$580K
315 2nd St # 209
1 bd · 2 ba · 1,189 ft²
$701K
315 2nd St # 210
2 bd · 2 ba · 1,577 ft²
$798K
315 2nd St # 211
2 bd · 2 ba · 1,097 ft²
$712K
315 2nd St # 212
2 bd · 2 ba · 1,203 ft²
$690K
315 2nd St # 213
1 ba · 1,022 ft²
$593K
315 2nd St # 214
1 bd · 2 ba · 1,291 ft²
$927K
315 2nd St # 215
1.5 ba · 970 ft²
$609K
315 2nd St # 216
1.5 ba · 906 ft²
$535K
315 2nd St # 217
2 ba · 1,492 ft²
$791K
315 2nd St # 301
2 ba · 1,674 ft²
$899K
315 2nd St # 302
1.5 ba · 889 ft²
$555K
315 2nd St # 303
1.5 ba · 762 ft²
$517K
315 2nd St # 304
1 bd · 1 ba · 692 ft²
$507K
315 2nd St # 305
1 ba · 807 ft²
$572K
315 2nd St # 306
1.5 ba · 859 ft²
$536K
315 2nd St # 307
1.5 ba · 840 ft²
$485K
315 2nd St # 308
1 bd · 1.5 ba · 1,041 ft²
$630K
315 2nd St # 309
2 ba · 1,495 ft²
$774K
315 2nd St # 310
2 ba · 1,577 ft²
$889K
315 2nd St # 311
2 ba · 1,097 ft²
$667K
315 2nd St # 312
2 ba · 1,203 ft²
$742K
315 2nd St # 313
1 bd · 1 ba · 1,022 ft²
$564K
315 2nd St # 314
2 ba · 1,291 ft²
$796K
315 2nd St
1.5 ba · 970 ft²
$553K
315 2nd St # 316
1 bd · 1.5 ba · 906 ft²
$539K
315 2nd St # 317
2 ba · 1,492 ft²
$789K
315 2nd St # 401
2 bd · 2 ba · 1,674 ft²
$892K
315 2nd St # 402
1.5 ba · 889 ft²
$536K
315 2nd St # 403
1.5 ba · 762 ft²
$542K
315 2nd St # 404
1 ba · 692 ft²
$505K
315 2nd St # 405
1 ba · 807 ft²
$521K
315 2nd St # 406
1 bd · 1.5 ba · 859 ft²
$545K
315 2nd St # 407
1.5 ba · 840 ft²
$540K
315 2nd St # 408
1 bd · 1.5 ba · 1,041 ft²
$628K
315 2nd St # 409
2 ba · 1,495 ft²
$771K
315 2nd St # 410
2 ba · 1,577 ft²
$919K
315 2nd St # 411
2 bd · 2 ba · 1,097 ft²
$730K
315 2nd St # 412
2 bd · 2 ba · 1,203 ft²
$666K
315 2nd St # 413
1 bd · 1 ba · 1,022 ft²
$553K
315 2nd St # 414
2 bd · 2 ba · 1,291 ft²
$773K
315 2nd St # 415
1.5 ba · 970 ft²
$559K
315 2nd St # 416
1.5 ba · 906 ft²
$562K
315 2nd St # 417
2 ba · 1,492 ft²
$837K
315 2nd St # 501
2 bd · 2 ba · 1,889 ft²
$1.1M
315 2nd St # 502
1 bd · 1.5 ba · 1,103 ft²
$650K
315 2nd St # 503
1 bd · 1.5 ba · 978 ft²
$578K
315 2nd St # 504
1 bd · 1 ba · 692 ft²
$437K
315 2nd St # 505
1 bd · 1 ba · 807 ft²
$621K
315 2nd St # 506
1 bd · 1.5 ba · 1,123 ft²
$590K
315 2nd St # 507
1.5 ba · 1,054 ft²
$645K
315 2nd St # 508
1.5 ba · 1,253 ft²
$835K
315 2nd St # 509
2 ba · 1,738 ft²
$911K
315 2nd St # 510
1 bd · 1.5 ba · 1,826 ft²
$988K
315 2nd St # 511
2 ba · 1,314 ft²
$709K
315 2nd St # 512
2 bd · 2 ba · 1,422 ft²
$731K
315 2nd St # 513
1 bd · 1 ba · 1,237 ft²
$773K
315 2nd St # 514
2.5 ba · 1,725 ft²
$1.3M
315 2nd St # 515
2.5 ba · 1,190 ft²
$660K
315 2nd St # 516
1 bd · 1.5 ba · 1,122 ft²
$675K
315 2nd St # 517
2 ba · 1,992 ft²
$1.1M

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 315 2nd St

How many units are in 315 2nd St, Ann Arbor, MI?

315 2nd St, Ann Arbor, MI has 67 residential units across 5 floors, built in 2005, according to county assessor records.

What is a unit at 315 2nd St, Ann Arbor, MI worth?

The median TopHap Estimate across the 67 units at 315 2nd St, Ann Arbor, MI is $645,109. That works out to $592 per square foot. Units run from 692 to 1,992 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 315 2nd St, Ann Arbor, MI expensive for Ann Arbor?

Units at 315 2nd St, Ann Arbor, MI carry a median of $592 per square foot, 84% above the Ann Arbor median of $322 per square foot.

How often do units sell at 315 2nd St, Ann Arbor, MI?

5 units at 315 2nd St, Ann Arbor, MI sold in the last 12 months, out of 144 recorded arms-length sales all time. That is a turnover rate of 7.5% of the building per year. The median sale over that period was $740K.

Have units at 315 2nd St, Ann Arbor, MI appreciated?

Across 87 repeat sales of the same unit, 315 2nd St, Ann Arbor, MI returned a median 2.8% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.4 years.

What floor plans does 315 2nd St, Ann Arbor, MI have?

The most common plan at 315 2nd St, Ann Arbor, MI is a 0-bedroom of 970 square feet, repeated 3 times, with a median estimate of $558,555. TopHap identifies 14 recurring plans in the building.

More homes on 2nd St

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Assigned schools

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