$9,797 Closing Credit¹
#81025010211, Matthew Dejanovich, Listing Office: Real Estate One
$895,000 List price
553 S 1st St Ann Arbor, MI 48103
$10,000
Closing credit¹
4 beds
2 full, 1 partial
2,040 sqft
0.2 acres
$439 / sqft
House
Property details
About 553 S 1st St
HIGHEST AND BEST DEADLINE SET for Monday, April 28th at 6PM. Don't miss this historic home located in Ann Arbor's desirable Old West Side featuring recently refinished hardwood floors, high ceilings, natural woodwork, and original trim molding. With 3 finished floors, this home lives large. The living room features a wood-burning fireplace opening to the formal dining room with beautiful built-ins. The second floor includes three bedrooms, a full bathroom, and a bonus room, perfect for a nursery, office, or den. The top floor is an extensive primary suite with vaulted ceilings and built-ins for storage. The basement has the potential to be finished with tall ceilings, new foundation walls (completely dug out and redone), a new slab, and plumbing for a 4th bathroom.Outside, you'll find an extra-large lot featuring beautiful perennial gardens, a rain garden, fruit trees and shrubs, a brick patio made of salvaged Detroit street pavers, and room to add on, build a garage, or an ADU. Other updates include: new roof (2018), storm windows (2019), A/C (2021), and replaced sewer line (2005). You'll enjoy being within walking distance to Downtown Ann Arbor, The Big House, Washtenaw Dairy, U of M Campus, and Jefferson Market. Home Energy Score of 1, download report at osi.a2gov.org/herd Schedule a showing today!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Active Contingent)
(Active Contingent)
CoolingCeiling Fan(s), Central Air
Size2,040 sqft
BasementYes
Lot size0.2 Acres
Year built1900
ParkingGravel
MLS #81025016791
FireplaceWood Burning
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Oven, Refrigerator, Range, Washer
- Basement: Yes
- Flooring Type: Carpet, Ceramic Tile, Tile, Wood
- Interior: Vaulted Ceilings
- Fireplace: Wood Burning
- Total Bedroom Count: 4
- Parking: Gravel
- Exterior: Balcony, Garden
- Architectural Style: Historic
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s), Central Air
- List Price: $895,000
- Price/SqFt: $438
- Annual Tax Amount: $9,171
- Tax Year: 2024
- Directions: Main Street to Madison to Right on S 1st Street
- Year Built: 1900
- Stories: 3
- Living Area: 2,040 SqFt
- Lot Size: 0.2 Acres
- MLS Number: 81025016791
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: The Charles Reinhart Company
- Office Phone: (734) 971-6070
- Listing Agent: Megan Mazurek
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$895,000
553 S 1st St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 27, 2023 | Home Sold | $880,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $304,900 | $9,171 |
| 2023 | $272,000 | $7,343 |
| 2022 | $270,500 | $7,343 |
| 2021 | $261,800 | $8,210 |
| 2020 | $253,900 | $7,813 |
| 2019 | $246,500 | $7,493 |
| 2018 | $231,300 | $7,229 |
| 2017 | $230,200 | $6,990 |
History based on county public records data.
Nearby schools
7
Bach Elementary School
Public District KG-5
0.3 mi
•600 W Jefferson St
6
Burns Park Elementary School
Public District KG-5
1.2 mi
•1414 Wells St
5
Dicken Elementary School
Public District KG-5
1.5 mi
•2135 Runnymede Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,398. Most Ann Arbor, MI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
40%
35k-100k
23%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
4%
Single, with Kids
16%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
3%
12-17 yrs old
44%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
NBA/WNBA
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Starbucks
What do the neighbors drive?
Audi
Volvo
Pontiac
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 553 S 1st St
The listing price of 553 S 1st St property is $895,000.
The property 553 S 1st St is a house located in Ann Arbor, Michigan, 48103.
Accepting Backup Offers: 553 S 1st St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 553 S 1st St are: Bach Elementary School (GreatSchools Rating 7/10), Burns Park Elementary School (GreatSchools Rating 6/10), Dicken Elementary School (GreatSchools Rating 5/10), Slauson Middle School (GreatSchools Rating 7/10), Forsythe Middle School (GreatSchools Rating 6/10), Tappan Middle School (GreatSchools Rating 6/10), Community High School (GreatSchools Rating 9/10), Pioneer High School (GreatSchools Rating 8/10), Central Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $9,171 (source: MLS/based on county public records data).
The last sale was on September 27, 2023 for $880,000 (source: MLS/tax record).
The property at 553 S 1st St has 4 bedrooms and 2 full and 1 half bathrooms.
The property 553 S 1st St is 2,040 SqFt (source: MLS/tax record).
The year of construction for 553 S 1st St is 1900.
This home is located at 553 S 1st St in Ann Arbor, MI and zip code 48103 in the Bach neighborhood. This 2,040 square foot home, which was built in 1900, sits on a 0.20 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $895,000.
In March 2025, from all listings sold in Ann Arbor, MI there were more than 39 sold above asking price, over 40 sold below and more than 13 were sold right at the asked price. The number of listings in Ann Arbor, MI increased by 30.3% between February and March 2025. In March 2025 median list price was $506,655 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.