Market Update – June 2011
Cambridge Condominium complex has a fantastic, central Ann Arbor location within walking distance of Briarwood Mall, Whole Foods Market, parks, shopping, restaurants and more. These newer condos feature ranch style units with lower level space and attached garage parking. There are currently 4 units listed for sale with 1 under contract. 2 units are available for rent, with 2 rented out this year and 1 unit has sold.
Condos Listed:
- $190,000. 1400 square feet with 2 bedrooms and 2 baths.
- $195,000. 1400 +143 finished in lower level, 2 bedrooms and 2 baths.
- $200,000. 1473 square feet with 2 bedrooms and 2 baths.
- $142,000. 1400 +400 in finished lower level, 2 bedrooms, 2 baths. Under Contract. This is a foreclosure.
Condos for Rent:
- $1350/month. 1469 +500 in finished lower level, 2 bedrooms and 2 baths.
- $1450/month. 1488 square feet with 2 bedrooms and 2 baths.
Sold Condos:
- $141,100. 1400 square feet with 2 bedrooms and 2 baths. This is a foreclosure.
Condos Rented:
- $1275/month. 1300 +100 in finished lower level, 2 bedrooms and 2 baths.
- $1350/month. 1400 square feet with 2 bedrooms and 2 baths.
- $1500/month. 1473 +200 in finished lower level, 2 bedrooms and 2 baths.
As you can see from the data above, the low priced foreclosures are the units selling, along with rentals. Condos need to be in great shape to attract a buyer, as there are still many great deals to be had. If you’d like to know more about Cambridge Condo prices or the value of your Ann Arbor condo in the current market, contact the real estate specialists at The Bouma Group today at 734-761-3060 or info@bouma.com. And be sure to visit the Ann Arbor Condo Hotline for instant active and sold listing data for Washtenaw County.
Can you please send further information, floor plans and pictures on the listed condo in the Cambridge Condos that is “$142,000: 1400 + 400 in finished lower level, 2 bedrooms, 2 baths. Under Contract. This is a foreclosure”