1516 E Park Pl, Ann Arbor, MI 48104
Property image
Property image
OFF MARKET

$635,100

Trulia Estimate
  • Studio
  • 1,718 sqft

1516 E Park Pl, Ann Arbor, MI 48104

Burns Park
Est. Refi. Payment $4,163/mo*
Refinance Your Home
Currently Off Market - Sold Mar 24, 2021 for $420,000

Home Value

Trulia Estimate
$635K
Since last month
Decreased$14K (-2.2%)
Since last year
Increased$5K (+0.8%)
Since last sale
Increased$215K (+51.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +52% in the last 10 years
MonthEstimated value
2026
August 2026$635K
August 2026$634K
July 2026$649K
June 2026$692K
May 2026$682K
April 2026$656K
March 2026$658K
February 2026$649K
January 2026$630K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1441 White St, Ann Arbor, MI
0.08
Single-Family Home
$587,000
05/08/26
3
1.5
1,526
1432 E Park Pl, Ann Arbor, MI
0.09
Single-Family Home
$615,000
07/21/26
3
1.5
1,614
809 Sycamore Pl, Ann Arbor, MI
0.11
Single-Family Home
$515,000
05/15/26
2
1
1,244
1425 E Park Pl, Ann Arbor, MI
0.11
Single-Family Home
$552,739
06/25/26
3
2
1,221
1210 Henry St, Ann Arbor, MI
0.18
Single-Family Home
$647,000
05/12/26
4
3.5
1,887
1200 Gardner Ave, Ann Arbor, MI
0.16
Single-Family Home
$645,000
07/10/26
3
2
1,700
1215 Brooklyn Ave, Ann Arbor, MI
0.22
Single-Family Home
$623,500
12/18/25
4
2
1,884
1305 E Stadium Blvd, Ann Arbor, MI
0.24
Single-Family Home
$560,000
11/12/25
4
2
1,484
1326 Sheehan Ave, Ann Arbor, MI
0.21
Single-Family Home
$300,000
06/29/26
3
1
1,152
1202 Granger Ave, Ann Arbor, MI
0.22
Single-Family Home
$650,000
11/26/25
3
2
1,898

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1507 White St, Ann Arbor, MI 48104
0.06
$566,200
Studio
-
-
Off Market
1509 White St, Ann Arbor, MI 48104
0.06
$549,000
4
2
-
Recently Sold
1515 E Park Pl, Ann Arbor, MI 48104
0.04
$788,800
4
2.5
1,800
Off Market
1503 E Park Pl, Ann Arbor, MI 48104
0.04
$750,900
4
2
1,968
Off Market
1010 Rose Ave, Ann Arbor, MI 48104
0.06
$578,200
3
2
1,184
Off Market
1441 White St, Ann Arbor, MI 48104
0.08
$587,000
3
1.5
1,526
Recently Sold
1506 Golden Ave, Ann Arbor, MI 48104
0.07
$792,300
4
3.5
1,906
Off Market
1432 E Park Pl, Ann Arbor, MI 48104
0.09
$615,000
3
1.5
1,614
Recently Sold
1517 S State St, Ann Arbor, MI 48104
0.12
$663,100
4
3
1,883
Off Market
809 Sycamore Pl, Ann Arbor, MI 48104
0.11
$515,000
2
1
1,244
Recently Sold
1101 Henry St, Ann Arbor, MI 48104
0.09
$365,900
2
1
1,102
Off Market
1425 E Park Pl, Ann Arbor, MI 48104
0.11
$552,739
3
2
1,221
Recently Sold

Local Information

  • Map ViewExplore the area around 1516 E Park Pl.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1930
1,718 sqft
$370/sqft
Garage

About this House

Classic 1930s bungalow in Burns Park with huge sitting porch offers versatile living arrangement as owner-occupied rental with tenant already in place on second floor; additionally leasing first floor unit; later returning to single-family by removing interior door to upper unit. First floor modified as barrier-free with entrances from attached garage, breezeway in rear and ramp to front door.Huge master bedroom has large closet with adjoining office/study. Good-size second bedroom. Living/dining rooms feature maple floors, built-in cabinets, lots of windows. Kitchen has easy access, low Corian counters/wood cabinets, separate cooktop and oven, drawer dishwasher; convenient pantry. Wall was partially removed to open space to dining room. Spacious bathroom with vaulted ceiling and skylight, ceramic tile floor, jetted tub, storage drawers, shelving. Pastel colors throughout with some recent painting. Upstairs unit accessed via front has three large rooms with maple floors plus bathroom: one bedroom, living or work space room with walk-in closet, kitchen with oak cabinets/Formica counter, lots of windows, walk-in pantry. Central location convenient to downtown, U/M, retail.
1516 E Park Pl, Ann Arbor, MI 48104 is a studio, 1,718 sqft single-family home in Burns Park, built in 1930. It last sold for $420,000 on Mar 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $635,100, with a rent estimate of $3,296/month.

Home Details for 1516 E Park Pl

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
DishwasherDryerRefrigeratorWasher

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Exterior Features

Exterior Home Features
Exterior: Other, Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Community

Units in Building: 2

Lot Information

Lot Area: 5662 sqft

Price and Tax history

DateEventPrice
Dec 20, 2023
Source: MiRealSource #40124843
ListingRemoved
$435,000
Mar 25, 2023
Source: MiRealSource #40124843
ListingRemoved
Apr 12, 2021
Source: Reinhart Realtors #3277474
Listed For Sale
$435,000
Mar 24, 2021
Source: MichRIC #52298
Sold
$420,000
Mar 16, 2021
Source: MiRealSource #40124843
Pending
$435,000

Market trends in Ann Arbor

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$500K
$1.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$262
$3MoM
Available listings
545
24MoM

Around this home

Neighborhood Overview

Burns Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Burns Park

At least 7 Trulia users voted on each feature.

  • 100 % Say there are sidewalks

  • 100 % Say it's walkable to restaurants

  • 86 % Say there's wildlife

  • 82 % Say it's dog friendly

  • 82 % Say people would walk alone at night

  • 71 % Say it's walkable to grocery stores

  • 64 % Say streets are well-lit

  • 60 % Say it's quiet

  • 50 % Say yards are well-kept

  • 50 % Say car is needed

  • 38 % Say there's holiday spirit

  • 38 % Say parking is easy

  • 37 % Say neighbors are friendly

  • 33 % Say there are community events

  • 23 % Say they plan to stay for at least 5 years

  • 17 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Mheisler
    "Amazing park, local school where parents walk their kids and chat, wonderful neighbors who care and make effort to know each other."
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1516 E Park Pl

  • What is 1516 E Park Pl estimated to be worth?
    Trulia's estimated value for 1516 E Park Pl in Ann Arbor, MI is $635,100.
  • What is the price history for 1516 E Park Pl?
    1516 E Park Pl in Ann Arbor, MI last sold for $420,000 in March 2021.
  • Is Ann Arbor a buyer's or seller's market?
    Ann Arbor is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Ann Arbor?
    The median sale price in Ann Arbor is $500K. That is down $1.67K from the prior month.
  • Does 1516 E Park Pl have air conditioning?
    Yes, 1516 E Park Pl in Ann Arbor, MI has air conditioning.
  • Does 1516 E Park Pl have laundry facilities?
    Yes, 1516 E Park Pl in Ann Arbor, MI has in-unit laundry.

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