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Colonial Square - Co-op


The Colonial Square Cooperative features units built in the 1960s as a part of the Department of Health and Human Services (HUD) initiative to develop affordable housing nationwide. This large community has 427 ranch and two-story style condominium units with 680-1236 square foot floor plans, 1-4 bedrooms, and 1- 1½ baths. Most of these units have basements, reserved parking, and a private patio or deck. The community also has unit-specific garden patches, an open common area, two children's playgrounds, and a community center.

Cooperative communities differ from other condominium-style neighborhoods because they are established as non-profit corporations whose purpose is to provide housing for their members. Individuals who wish to live in a co-op buy a “share” of the corporation which enables them to sign a proprietary lease and live within the co-op. Each member of the Colonial Square Co-op corporation is a shareholder, meaning they own a fraction of the whole community. They are enabled with the right to vote on decisions affecting the co-op and to vote for a Board of Directors to represent them.

Members living in one of the Colonial Square Co-op units pay a monthly occupancy charge. This charge pays for your city of Ann Arbor Property taxes, water, sewer, and many external and internal maintenance costs associated with living in the community.

1 Available Listing in Colonial Square - Co-op

Colonial Square - Co-op Market Update

Active Statistics

Active Listings 1
Avg. Listing Price $117,500
Avg. Listing Price per sq.ft. $122
Avg. Days on Market 42

Sold Statistics

Total Sold 12
Avg. Sold Price $116,958
Avg. Sold Price per sq.ft. $123
Avg. Sold Days on Market 33.5
All statistics are based on the last 12 months

Colonial Square - Co-op Property Listings

ACTIVE-CO...
$117,500 More Info
2 bed, 1.0 bath, 961 sqft
3076 Williamsburg, Ann Arbor
SOLD
SOLD More Info
Sold on June 22, 2021 for $118,500
2 bed, 1.0 bath, 961 sqft
3030 Wolverine Drive, Ann Arbor
SOLD
SOLD More Info
Sold on May 14, 2021 for $146,000
3 bed, 1.0 bath, 990 sqft
3347 Williamsburg Road, Ann Arbor
SOLD
SOLD More Info
Sold on April 30, 2021 for $125,000
2 bed, 1.1 bath, 961 sqft
3206 Williamsburg Driv..., Ann Arbor
SOLD
SOLD More Info
Sold on March 5, 2021 for $130,000
2 bed, 2.0 bath, 961 sqft
3035 Wolverine Dr, Ann Arbor
SOLD
SOLD More Info
Sold on January 25, 2021 for $92,500
4 bed, 1.1 bath, 1,236 sqft
3054 Wolverine, Ann Arbor
SOLD
SOLD More Info
Sold on December 18, 2020 for $147,000
3 bed, 1.0 bath, 1,053 sqft
1530 Gattegno Street, Ypsilanti
SOLD
SOLD More Info
Sold on December 17, 2020 for $100,000
2 bed, 1.1 bath, 961 sqft
3157 Wolverine Drive, Ann Arbor
SOLD
SOLD More Info
Sold on December 14, 2020 for $125,000
2 bed, 1.0 bath, 961 sqft
3344 Williamsburg Road, Ann Arbor
SOLD
SOLD More Info
Sold on November 13, 2020 for $117,500
3 bed, 1.1 bath, 990 sqft
3105 Wolverine Drive, Ann Arbor
SOLD
SOLD More Info
Sold on September 28, 2020 for $120,000
2 bed, 1.0 bath, 961 sqft
3110 Wolverine Drive, Ann Arbor
SOLD
SOLD More Info
Sold on September 30, 2020 for $96,000
1 bed, 1.0 bath, 707 sqft
3108 Williamsburg, Ann Arbor
SOLD
SOLD More Info
Sold on September 4, 2020 for $86,000
1 bed, 1.0 bath, 707 sqft
3055 Wolverine Drive, Ann Arbor

Location:


Located approximately 4 miles south-east of Ann Arbor, at the intersection of Platt Rd. and Lorraine St., the Colonial Square Co-op units are conveniently located within a short commute to The University of Michigan’s Central Campus and downtown Ann Arbor. They are also located just north of the Interstate 23 and 94 intersection which makes them a perfect location for those commuting into the greater metro-Detroit area. Both Mitchell Elementary School and Scarlett Middle School are within walking distance. With the many amenities provided by the community and the quick commutes into Ann Arbor and out to Metro Detroit, this neighborhood has a lot to offer in one of the most affordable price ranges in the Ann Arbor area!

Neighborhood Amenities:


On-Site:



  • Monthly Occupancy charge covers Ann Arbor Property taxes, water, sewer, and many external and internal maintenance costs

  • Reserved parking spaces

  • Two children’s play areas

  • Community center

  • Private patios/decks

  • Outdoor common area

  • Voting rights for decisions affecting the cooperative as a whole


Off-Site:



  • Walking distance to Mitchell Elementary School and Scarlett Middle School

  • Under 5 minutes to Meijer, Kroger, Target, T.J. Maxx, Lowes, Home Depot, and TCF and Chase Banks

  • Under 5 minutes to Red Robin, Leo’s Coney Island, Wendy’s, White Castle, IHOP, and Steak N’ Shake

  • Under 5 minutes to Ann Arbor 20 IMAX Theater

  • 5 minutes to Miles of Golf shop and driving range

  • 5 minutes to Swift Run dog park

  • 5 minutes to Lillie Park which has a pond popular for fishing, hiking trails, a picnic area with a pavilion and grills, a soccer field, and a children’s playground


Travel and Commute:



  • On the AATA bus route with a stop right in front of the entrance on Platt Rd.

  • 4 miles and approximately 10-15 minutes from The University of Michigan Central Campus and downtown Ann Arbor

  • Under 5 minutes to interstate 94 and 23 access point

  • 15-20 minutes from The University of Michigan hospital system

  • 7 mile, approximately 15-minute commute to Saline Michigan

  • 5 mile, approximately 11-minute commute to Ypsilanti Michigan



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