NOT LISTED FOR SALE

109 S Huron St Ypsilanti, MI 48197

Historic South Side Neighborhood

Estimated Value: $383,153 - $445,000

-- Bed
-- Bath
3,892 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $170,000 $44 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,871/month

88 Days on Market

About This Home

As of July 2013

This home is located at 109 S Huron St, Ypsilanti, MI 48197 since 15 March 2013 and is currently estimated at $417,038, approximately $107 per square foot. This property was built in 1873. 109 S Huron St is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Erickson Elementary School, and Holmes Elementary School.

Last Agent to Sell the Property

Charlie Koenn

Swisher Commercial License #6506040186 Listed on: 03/15/2013

Last Buyer's Agent

Tom Stachler

Real Estate One License #6506012423

Real Estate One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1873

Lot Details

  • 0.26

Parking

  • 5 Parking Spaces

Home Design

  • Wood Siding

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 66 x 174

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for electric

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $500
  • Gross Income $36,158

Property Details

Home Type

Multi-Family

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1873
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 179900.0

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Lot Info

  • Lot Dimensions: 66 X 174
  • Zoning Description: B-3

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 36158.0
  • Insurance Expense: 500.0
  • Number of Units Total: 5

Tax Info

  • Tax Annual Amount: 7679.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2013
Closed on
Jul 30, 2013
Sold by
Michigan Commerce Bank
Bought by
Elm Homes Llc
Seller's Agent
Charlie Koenn
Swisher Commercial
Buyer's Agent
Tom Stachler
Real Estate One
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Total Days on Market
88
Current Estimated Value
$417,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,038
Avg. Annual Appreciation
7.85%
Original Mortgage
$119,000
Outstanding Balance
$90,182
Interest Rate
4.49%
Mortgage Type
Commercial
Estimated Equity
$325,762

Purchase Details

Closed on
Oct 1, 2012
Sold by
109 S Huron Llc
Bought by
Michigan Commerce Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elm Homes Llc $170,000 None Available
Michigan Commerce Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elm Homes Llc $119,000
Previous Owner 109 S Huron Llc $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $170,000 -8.1% $44 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $185,000 -- $48 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,893 $159,200 $0 $0
2023 $7,449 $136,400 $0 $0
2022 $7,681 $123,100 $0 $0
2021 $7,543 $117,300 $0 $0
2020 $7,709 $113,300 $0 $0
2019 $7,446 $99,500 $99,500 $0
2018 $6,991 $95,000 $0 $0
2017 $6,850 $79,200 $0 $0
2016 $7,105 $80,440 $0 $0
2015 -- $80,200 $0 $0
2014 -- $78,900 $0 $0
2013 -- $78,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charlie Koenn

    Seller's Agent in 2013

    Charlie Koenn

    Swisher Commercial

    (734) 926-0230

    1 in this area

    79 Total Sales

    Charlie Koenn
    Section Image
  • Tom Stachler

    Buyer's Agent in 2013

    Tom Stachler

    Real Estate One

    (734) 516-2000

    114 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 60841

Southwestern Michigan Association of REALTORS®

APN: 11-39-182-002

Michigan Washtenaw County Ypsilanti 48197 Historic South Side

109 S Huron St, Ypsilanti, MI

This home is located at 109 S Huron St, Ypsilanti, MI 48197 since 15 March 2013 and is currently estimated at $417,038, approximately $107 per square foot. This property was built in 1873. 109 S Huron St is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Erickson Elementary School, and Holmes Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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