Heatherwood

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Heatherwood at a Glance:

Units: 188
Built: 1996-1998
Builder: Cambridge Homes of Michigan
Assoc. Fees: $195 monthly
Web site: http://heatherwoodcondos.com/

Description of Heatherwood

Heatherwood Condos are located in Pittsfield Township, on the south side of Ann Arbor, just a short walk from shopping centers, restaurants, and grocery stores. These Ann Arbor Condos feature a pool, volleyball court, winding trails, picnic area & pavillion. There are 188 two bedroom ranch style condos and range in size from 1,100-1,375 square feet, have private decks, detached garage parking, and pets are allowed within limits. The second floor units have vaulted ceilings in the living room. Children attend Ann Arbor schools, and owners pay Pittsfield Township taxes. To learn more about Heatherwood Condominiums, contact the Ann Arbor Condo Specialists at 734-761-3060 or info@bouma.com today! 

Some interesting Information you may want to know about Heatherwood Condos:

Trash pickup    is on Monday morning between 6-8AM

Recycling         is offered by Hornback Recycling Company.    You can call them at
800-662-9361 to get your blue bin.

Pool hours     
The summer pool hours are from 9AM - 10PM during the summer months.  The pool opens on  Memorial Weekend, and will generally close around Labor Day.

Problems with your Unit    
If you have any problems that occur inside your unit, you can contact Kramer-Triad  at  734-973-5500.

Guest parking
Guest parking at Heatherwood Condos is only for guests - anyone visiting a resident and not residing at  Heatherwood Condos longer than 72 hours.   Guest parking is NOT for residents.   Each resident has 2 parking spots, one in their garage and one in front of their garage.    Residents using guest parking will be given a violation notice.    3 violations will result in their vehicle being towed without notice.

Renting your Unit  
Renting is allowed so long as tenants abide by the Heatherwood Bylaws.   You will need to fill out a lease form with the association as required by the bylaws and Michigan State laws.   You will also nneed to fill out a rental unit registration form with the Pittsfield Township Housing Department.    For more Information click here.

Satellite dishes
You may install a Satellitie dish, but a modification request must be submitted with a drawing/picture of where the dish will be placed.    Satellite Dish form.

Grills   
Gas and electric grills are allowed.    Charcoal and portable pits and fire pits are prohibited by laws.

Garage Sales
Garage sales at Heatherwood Condos is not allowed.

           Heatherwood Condominiums Market Update

 
Heatherwood Condos, like most Ann Arbor condominium complexes has seen a dramatic decrease in price.    Prices have dropped by 39.7% since 2005 and unit sales have dropped by 68% in the same time period.
The chart below shows the trends at Heatherwood Condos over the past 5 years: 
 

HEATHERWOOD

2005 2006 2007 2008 2009 2010
Units Sold 1 8 12 7 7 13
Avg Sales Price $149,500 $159,718 $138,741 $134,425 $100,914 $103,609
Price/SF $135.79 $129.90 $115.19 $106.19 $80.25 $84.19
 
You will notice that from 2009 to 2010, prices increased slightly - 4.90%, which is the first time we've seen prices come up since 2005.   Across the board, the Ann Arbor Condo market has seen a large drop in inventory, so hopefully, that will continue to push prices upwards.   We are still seeing a lot of rentals as many seller's can't afford to sell due to the large drop in property values, however as prices slowly recover, this trend may reverse.    
There has never a better time to buy a Heatherwood Condominium.   Historical low prices and interest rates along with the $8,000 first time home buyer tax credit that expires on April 30, 2010, all the trends point to prices increasing in 2010 - so the time to buy is now.
 
For more information about purchasing a Heatherwood Condominium, call the Ann Arbor Condo Experts at 734-761-3060 or email us at leads@bouma.com


Amenities

Balcony

Bus Route

Central Air

City Water/Sewer

Exterior Home Maintenance

Public Park Nearby

In Suite Laundry

Landscaping

Outdoor Pool

Pets Allowed

Snow Removal

Street Paving

Heatherwood Models

ModelBedroomsBathsSq FtGaragesFloor PlansPictures
Ashton 2 2.0 1100-1375 1 (1 (Garage)) Floor plan 1
Charlevoix 2 2.0 1100-1375 1 (1 (Garage)) Floor plan 1
Concord 2 2.0 1100-1375 1 (1 (Garage)) Floor plan 1

Heatherwood Units For Sale

Address: 1367 MILLBROOK TRAIL
List price: $119,999
Bedrooms: 2
Bathrooms: 2.0
Square feet: 1190
Status: Available

Address: 1325 MILLBROOK TRAIL
List price: $116,900
Bedrooms: 2
Bathrooms: 2.0
Square feet: 1111
Status: Available