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Single Family ResidenceResidential
$517,455$262 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

2388 PLACID WAY

ANN ARBOR, MI 48105
4
Beds
2.5
Baths
1,972 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.27 ac
Lot SizeThe size of the land the home sits on, from county records.
1977
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$517K
$495K low$540K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$467,455
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$373,964
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.9%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$50,000
NATIONAL CITY BANK · recorded Apr 16, 2003

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,571 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$247,100 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$228,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$494,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWASHTENAW
Lot (acres)The size of the land the home sits on, from county records.0.27
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Logan Elementary SchoolA
Elementary · Grades KG–5 · 0.4 mi
M
Clague Middle SchoolA
Middle · Grades 6–8 · 0.7 mi
H
Skyline High SchoolA+
High · Grades 9–12 · 3.2 mi

District: Ann Arbor Public Schools

Neighborhood · ZIP 48105These 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.93
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.29

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.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.40,819
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.799 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$99,404
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$134,616
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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

How this home compares

2388 Placid Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 68% of homes in Washtenaw County
  • Costs less per square foot than 65% of homes in Ann Arbor 48105

What homes are worth in Ann Arbor 48105

Each bar is how many homes fall in that price range. The marker is this home.

This home
$250K$1.6M

This home is worth more than 44% of homes in Ann Arbor 48105.

How it measures up in Ann Arbor 48105

The dot is this home. The mark in the middle is the typical home in Ann Arbor 48105.

Estimated value$517,455
CheaperTypical $548,129Pricier

Pricier than 44% of homes nearby

Price per ft²$262
CheaperTypical $281Pricier

Pricier than 35% of homes nearby

Living area1,972 ft²
SmallerTypical 1,944 ft²Bigger

Bigger than 52% of homes nearby

Lot size0.27 ac
SmallerTypical 0.22 acBigger

Bigger than 58% of homes nearby

Year built1977
OlderTypical 1980Newer

Newer than 47% of homes nearby

How 2388 Placid Way ranks against every home in each area.
MeasureThis homeAnn Arbor 48105Washtenaw County
Estimated valuepricier than$517,45544% of homes68% of homes
Price per ft²pricier than$26235% of homes60% of homes
Living areabigger than1,972 ft²52% of homes64% of homes
Lot sizebigger than0.27 ac58% of homes56% of homes
Year builtnewer than197747% of homes50% of homes

About 2388 Placid Way

How much is 2388 Placid Way, Ann Arbor, MI worth?

The TopHap Estimate for 2388 Placid Way, Ann Arbor, MI is $517,455 as of Jul 14, 2026. The likely range is $494,933 to $539,977. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2388 Placid Way, Ann Arbor, MI last sell?

2388 Placid Way, Ann Arbor, MI last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 2388 Placid Way, Ann Arbor, MI?

2388 Placid Way, Ann Arbor, MI has 4 bedrooms, 2.5 bathrooms, 1,972 square feet of living space and a 0.27-acre lot.

When was 2388 Placid Way, Ann Arbor, MI built?

2388 Placid Way, Ann Arbor, MI was built in 1977, making it 49 years old. The building has 2 stories.

What schools serve 2388 Placid Way, Ann Arbor, MI?

2388 Placid Way, Ann Arbor, MI is assigned to Logan Elementary School (elementary), rated A; Clague Middle School (middle), rated A; Skyline High School (high), rated A+. All sit in Ann Arbor Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2388 Placid Way, Ann Arbor, MI compare to other homes in Ann Arbor 48105?

Among the 9,559 homes in Ann Arbor 48105, it is worth more than 44% of them ($517,455 against a typical $548,129), its price per square foot is higher than 35% of them ($262 against a typical $281), it is bigger than 52% of them (1,972 ft² against a typical 1,944 ft²), its lot is bigger than 58% of them (0.27 ac against a typical 0.22 ac) and it is newer than 47% of them (1977 against a typical 1980). Measured against all of Washtenaw County, it is worth more than 68% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 2388 Placid Way, Ann Arbor, MI?

The 2025 property tax bill for 2388 Placid Way, Ann Arbor, MI was $8,571. The county assessed it at $247,100.

Closest homes

More homes in Ann Arbor 48105

Assigned schools

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