For Sale237d on marketHistoric · 125 yrs
118 W Summit St
Ann Arbor, MI, 48103 • North Central • Washtenaw County
$352,500
$334/sqft
-$12,500 since Apr 1, 2026
Down payment assistance available
2Beds
1Baths
1,056Sqft
0.09 acLot
1901Built
Property DNA
Bungalow Style
Built 1901 · 125 years of history
No
North Central
This home is getting attention
Listed 237 days ago · 2,690 views · 51 saves
Market activity
Demand and pricing signals for this listing
2,690 views
People checking out this listing
51 saves
Buyers have saved this home
237 days on market
Established listing
$334/sqft
Price per square foot
About this home
Single Family · Built 1901 · Historic
Incredible opportunity to own a home within Ann Arbor’s C1 zoning district—one of the few areas that allows for non-owner occupied short-term (Airbnb, VRBO, etc.) rentals—at 118 W Summit St, Ann Arbor, MI 48103. Perfect for investors seeking a high-demand rental property or for use as your personal residence, this property is a blank slate with demolition and renovations already underway. Currently configured as a 2-bedroom, 1-bath home, it offers potential to add another bath and reimagine the living space to fit your needs. Located in the desirable Water Hill neighborhood near Kerrytown, the home boasts unbeatable walkability to Michigan Medicine, U-M Central Campus, Downtown, Kerrytown, the Farmers Market, scenic parks like Bandemer and Bird Hills, plus direct access to the new Barton-Bandemer pedestrian tunnel and expanded protected bike lanes, connecting you seamlessly to the entire city. Bring your vision and transform this property just minutes from Ann Arbor’s best destinations—schedule your private tour today.
Estimated monthly payment
Based on current rates
$2,223/month
Principal & Interest$1,753
Property Tax$353
Insurance$118
Down payment20% ($70,500)
3%50%
Est. 6.34% rate · 30yr fixed · $282,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1901
HeatingForced Air, Natural Gas
Parking0 spaces
Lot3,920 sqft
Days on Zillow237 Days
Price/sqft$334
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleBungalow
Year built1901
Stories2
Systems
HeatingForced Air, Natural Gas
ConstructionAluminum Siding
Water / SewerPublic / Public Sanitary
Parking & Outdoor
Lot3,920 sqft
Location & Tax
NeighborhoodNorth Central
Annual tax$7,696
Parcel090920410003
Bathrooms & Fees
Full baths1
Features & details
3 categories of property features
Interior Features
Flooring
Other
Heating
Forced Air
Natural Gas
Exterior Features
Construction
Aluminum Siding
Room details
6 rooms detailed
Bedroom1
Upper15×20 ft300 sqft
Other
Bedroom2
Main10×8 ft80 sqft
Other
Bathroom1
Upper5×7 ft35 sqft
Other
Family Room
Main15×11 ft165 sqft
Other
Kitchen
Main12×8 ft96 sqft
Other
Living Room
Main12×11 ft132 sqft
Other
Listing insights
Market data and value estimates
StatusFor Sale
Days on market237
Est. value$346,400
Est. rent$2,316/mo
Tax rate1.49%
Price/sqft$334
On marketAug 13, 2025
PostedAug 13, 2025
Last sold$396,500
MLS updatedApr 1, 2026
Tour days9
Views2,690
Favorites51
How are the schools in Ann Arbor?
3 schools rated nearby
Location
Ann Arbor, MI, 48103
Price history
7 events
DateEventPrice$/sqftSource
Apr 1, 2026Price Change$352,500$334MiRealSource
Dec 12, 2025Price Change$365,000$346MiRealSource
Sep 4, 2025Price Change$375,000$355MiRealSource
Aug 15, 2025Listed For Sale$400,000$379MiRealSource
Aug 21, 2024Sold$396,500$375Realcomp II
Aug 14, 2024Pending Sale$399,000$378Realcomp II
Jul 18, 2024Listed For Sale$399,000$378Realcomp II
Price Change$352,500
Apr 1, 2026•$334/sqft•MiRealSource
Price Change$365,000
Dec 12, 2025•$346/sqft•MiRealSource
Price Change$375,000
Sep 4, 2025•$355/sqft•MiRealSource
Listed For Sale$400,000
Aug 15, 2025•$379/sqft•MiRealSource
Sold$396,500
Aug 21, 2024•$375/sqft•Realcomp II
Pending Sale$399,000
Aug 14, 2024•$378/sqft•Realcomp II
Listed For Sale$399,000
Jul 18, 2024•$378/sqft•Realcomp II
Tax history
26 years of records
YearTax paidAssessed value
Apr 7, 2025$2,454$160,900
Apr 7, 2024—$137,900
Apr 7, 2023—$121,800
Apr 7, 2022—$127,000
Apr 7, 2021—$127,700
Apr 7, 2020$2,022$122,200
Apr 7, 2019—$119,800
Apr 7, 2018—$121,700
Apr 7, 2017$1,781$112,800
Apr 7, 2016$1,781$36,910
Apr 7, 2015$1,696$36,800
Apr 7, 2014$1,696$35,651
Apr 7, 2013$1,696$35,651
Apr 7, 2012—$34,816
Apr 7, 2011—$33,901
Apr 7, 2010—$33,335
Apr 7, 2009—$33,436
Apr 7, 2008—$32,027
Apr 7, 2007—$31,307
Apr 7, 2005—$96,700
Apr 7, 2004—$89,500
Apr 7, 2003—$80,700
Apr 7, 2002$1,248$62,600
Apr 7, 2001$880$33,400
Apr 7, 2000$871$31,500
Apr 7, 1999—$25,600
Nearby homes
Neighborhood details
Local context around this listing
Ann Arbor, MI • Washtenaw County
Nearby neighborhoods
BaderBryantBurns ParkCentral CampusGeorgetownNorth CampusNorthburyOld West SideSouth CentralTraver
Nearby cities
Ann ArborChelseaDexterNorthvillePlymouthSalineSouth LyonSuperior
Nearby zip codes
4810348104481054810648107481084810948113
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