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  • $439,000

    5492 Parkgrove Rd, Ann Arbor, MI 48103

    3beds
    3,014sqft
    : 
    Condominium
    Built in 1988
    -- sqft lot
    $443,200 Zestimate®
    $146/sqft
    $500/mo HOA

    What's special

    Large study with built-insCedar closetWarm hardwood floorsVaulted ceilingsGranite countertopsCharming breakfast nookUpdated kitchen
    Welcome home to this beautifully maintained ranch condo offering over 3,000 SF of finished space and the ease of one-level living. Sunlight pours through 3 south-facing skylights highlighting vaulted ceilings and warm hardwood floors/new carpet in the living/dining areas. Relax on the private deck with a gas grill and dedicated gas line. The updated kitchen features white cabinetry, granite countertops, new lighting, SS appliances, and a charming breakfast nook. A convenient mudroom/laundry with new washer-dryer connects to the spacious 2 car garage. The primary suite offers 2 closets and an updated vanity, while a 2nd bedroom and large study with built-ins create perfect spaces for guests or a home office. The finished lower level expands your living space with a wet bar, large family or guest area, office, cedar closet, storage, and a spa-like bath with oversized soaking tub. Enjoy low Scio Township taxes and a fantastic location just minutes from shopping, dining, and downtown A2.
    12 days
    |
    2,885
    |
    85
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 18, 2026 at 09:45am

    Listed by:

    Jean Wedemeyer 734-604-2523,

    The Charles Reinhart Company 734-769-3800

    Source: MichRIC,MLS#: 26009117MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Main
      Bedroom 3
      • Level: Basement
      Primary bathroom
      • Level: Main
      Bathroom 2
      • Level: Main
      Bathroom 3
      • Level: Basement
      Den
      • Level: Main
      Dining area
      • Level: Main
      Family room
      • Level: Basement
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Utility room
      • Level: Basement
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Humidifier, Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
      • Laundry: Laundry Room, Main Level, Sink
      Features
      • Ceiling Fan(s), Wet Bar, Eat-in Kitchen
      • Flooring: Carpet, Tile, Wood
      • Windows: Skylight(s), Window Treatments
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,742
      • Total interior livable area: 3,014 sqft
      • Finished area below ground: 1,272

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Garage Door Opener, Attached
      • Garage spaces: 2
      Features
      • Stories: 1
      Lot
      • Size: 435.6 Square Feet
      Details
      • Parcel number: H0827265001
      • Zoning description: MR-2

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Ranch
      • Property subtype: Condominium
      Materials
      • Brick, Wood Siding
      • Roof: Asphalt,Shingle
      Condition
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Phone Connected, Natural Gas Connected, Cable Connected

      Community & HOA

      Community
      • Subdivision: Parkwood Condominiums
      HOA
      • Has HOA: Yes
      • Amenities included: End Unit
      • Services included: Water, Trash, Snow Removal, Sewer, Maintenance Grounds
      • HOA fee: $500 monthly
      Location
      • Region: Ann Arbor

      Financial & listing details

      • Price per square foot: $146/sqft
      • Tax assessed value: $184,755
      • Annual tax amount: $7,055
      • Date on market: 3/11/2026
      • Listing terms: Cash,Conventional
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        Estimated market value

        $443,200

        $421,000 - $465,000

        $2,854/mo

        Price history

        Price history
        DateEventPrice
        3/18/2026Contingent$439,000$146/sqft
        Source: MichRIC #26009117 Report a problem
        3/11/2026Listed for sale$439,000+25.4%$146/sqft
        Source: MichRIC #26009117 Report a problem
        8/13/2020Listing removed$2,200$1/sqft
        Source: Reinhart Realtors #3274994 Report a problem
        7/21/2020Listed for rent$2,200$1/sqft
        Source: Reinhart Realtors #3274994 Report a problem
        10/25/2019Listing removed$2,200$1/sqft
        Source: Reinhart Realtors #3269221 Report a problem
        10/3/2019Listed for rent$2,200$1/sqft
        Source: Reinhart Realtors #3269221 Report a problem
        3/23/2018Sold$350,000+4.5%$116/sqft
        Source: MichRIC #23123231 Report a problem
        10/23/2017Listing removed$335,000$111/sqft
        Source: Real Estate One #3251985 Report a problem
        10/17/2017Price change$335,000-2.9%$111/sqft
        Source: Real Estate One #3251985 Report a problem
        9/10/2017Listed for sale$344,900+21%$114/sqft
        Source: Real Estate One #3251985 Report a problem
        6/3/2004Sold$285,000$95/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$6,650 $194,300 +8.4%
        2024-- $179,200 -8.9%
        2023-- $196,700 +16.6%
        2022-- $168,700 -1.1%
        2021-- $170,500 -1.3%
        2020-- $172,700 +2.3%
        2019-- $168,800 +25.5%
        2018-- $134,500 -2.7%
        2017-- $138,300 +30.2%
        2016-- $106,225 +0.3%
        2015-- $105,908 +3.2%
        2014-- $102,600
        2013-- $102,600 +2.3%
        2012-- $100,300 +0.8%
        2011-- $99,500 +0.2%
        2010-- $99,300 -15.3%
        2009-- $117,200 -12.9%
        2008-- $134,600 -1.4%
        2007-- $136,500 -3.3%
        2005-- $141,200 +5.4%
        2004-- $134,000 +2%
        2003-- $131,400 +10.2%
        2002$2,915 +87.3%$119,200 +21%
        2001$1,557 +13%$98,500 +4%
        2000$1,378 -11.7%$94,700 +5%
        1999$1,560 $90,200

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,243/mo
        Principal & interest
        $2198
        Property taxes
        $545
        HOA Fees
        $500
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          Climate risks

          Neighborhood: 48103

          Getting around

          0 / 100
          No Nearby Transit

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Haisley Elementary School
          • Middle: Forsythe Middle School
          • High: Skyline High School

          Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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