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3 Beds
2 Baths
1,240 sqft

$415,000

1021 Maiden Lane, Ann Arbor MI, 48105

Price per sqft$334.68
Built in2001
Property size1,240 sqft
Property typeCondominium

Overview

Active

Updated 10h ago

Seller is offering a land contract for $415,000 purchase price, 5.5% interest amortized on 30-year term and 2 year balloon payment, for buyer with minimum of 780 credit score, and down payment of $45,000 with closing by end of the year. Principle and Interest payments would be approx $2,218. Situated in the desirable community of Nielsen Square, this move-in ready condo places you just a 5-minute walk from the medical campus, hospital, and Huron River, and a 10-minute walk to Central Campus and vibrant Kerrytown. Step inside to an inviting open floor plan accented by stylish, durable wood-look flooring (2015) and a dedicated dining space. The refreshed kitchen boasts a brand-new SS refrigerator and electric stove/oven (July 2026), alongside a new sink and garbage disposal (July 2026). The spacious primary bedroom features a private balcony overlooking the community grounds. A comfortably sized second bedroom sits next to the full bath, which features a new tub surround (2024).Downstairs, discover an exceptional finished bonus den complete with a half bath with new flooring (Aug 2026)???ideal for a home office, media room, or study space. Convenient attached 1-car garage offering direct entry or extra storage options. This condo has many recent updates: full interior paint covering all ceilings, walls, trim, and doors (August 2026), brand-new carpet installed throughout main level (July 2026), updated vinyl flooring in the half bath (August 2026), and new window blinds throughout, new central AC unit (2025). This turnkey home combines improvements, fresh cosmetic updates, and an unbeatable walkable location. Wonderful rental potential as well! Has a current CofO with City of Ann Arbor until Sept. 2027. Seller to pay assessment that is due by Dec. 31st. Assessment for fire suppression system upgrades and new roofs. Monthly HOA is $262. HOA is also replacing the entire front porch and stairs in 2027.

$2,761/mo

Est. mortgage payment based on a $415,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
81026057890

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$10,091
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
Pets Allowed
Yes

 

Courtesy of The Charles Reinhart Company

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tom Alflen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Originating MLS:
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Data last updated 3:31 AM UTC, 11/2/2026

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