NOT LISTED FOR SALE

Estimated Value: $344,000 - $380,000

-- Bed
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold April 13, 2017

Last sale price $190,000

Est. 79% increase in value since last sale

Current estimated payment $2,670/month

79 Days on Market

Highlights

  • Laundry Facilities
  • Community Storage Space
  • Wood Siding

About This Home

As of April 2017

This home is located at 123 College Place, Ypsilanti, MI 48197 since 17 January 2017 and is currently estimated at $359,427. This property was built in 1895. 123 College Place is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Holmes Elementary School, and Erickson Elementary School.

Last Agent to Sell the Property

Richard Mattie

The Charles Reinhart Company License #6506044643 Listed on: 01/17/2017

The Charles Reinhart Company

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 52'x109'

Parking

  • 7 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Michigan Basement
  • Partial Basement

Schools

  • Estabrook Elementary School
  • Ypsilanti Middle School
  • Ypsilanti High School

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Gross Income $31,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1895
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 52'x109'
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5713.0
  • Tax Info:Zoning3: CN
  • General Property Info:Total _pound_ Units: 2
  • Substructure:Partial: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Estabrook
  • General Property Info High School: Ypsilanti
  • General Property Info Middle School2: Ypsilanti
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 199900.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 7.0
  • General Property Info:Total Parking Spaces: 7.0

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Storage: Yes

Schools

  • Elementary School: Estabrook
  • High School: Ypsilanti
  • Middle/Junior School: Ypsilanti

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 52'x109'
  • Lot Size Sq Ft: 5663.0
  • Zoning Description: CN
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 31000.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 5713.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Taralunga Vlad Dumitru
Bought by
Cyclops Properties 1 Llc
Current Estimated Value
$341,019

Purchase Details

Closed on
Oct 29, 2021
Sold by
Cyclops Properties 1 Llc
Bought by
Taralunga Vlad Dumitru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2017
Closed on
Apr 13, 2017
Sold by
At Home Michigan Llc
Bought by
Taralunga Vlad D
Seller's Agent
Richard Mattie
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$224,900
Sold Price
$190,000
Premium/Discount to List
-$34,900
-15.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$142,500
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2011
Sold by
Smith Adam and Smith Theresa
Bought by
At Home Michigan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,625
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2011
Sold by
Loon Lake Properties Llc
Bought by
Smith Adam and Smith Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,625
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2007
Sold by
Loon Lake Cottage Llc
Bought by
Loon Lake Properties Llc

Purchase Details

Closed on
Oct 20, 2005
Sold by
Wagner John and Wagner Ruthann
Bought by
Wagner Terrance C and Wagner Mary Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,750
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 2, 2004
Sold by
Mckelvey John C and Mckelvey Nicole J
Bought by
Wagner John and Wagner Ruthann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1995
Sold by
Aldred J Martin
Bought by
Jourden Robert L and Jourden Troy Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,600
Interest Rate
7.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Cyclops Properties 1 Llc -- --
Taralunga Vlad Dumitru -- Accommodation
Taralunga Vlad D $190,000 None Available
At Home Michigan Llc -- None Available
Smith Adam $107,500 None Available
Loon Lake Properties Llc -- None Available
Loon Lake Properties Llc -- None Available
Wagner Terrance C $217,250 --
Wagner John $175,000 Liberty Title Agency
Jourden Robert L $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taralunga Vlad Dumitru $192,500
Previous Owner Taralunga Vlad D $142,500
Previous Owner Smith Adam $80,625
Previous Owner Wagner Terrance C $173,750
Previous Owner Wagner John $157,500
Previous Owner Jourden Robert L $80,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $190,000 -15.5% --
04/06/2017 04/06/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $224,900 -- --
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
2025 $9,634 $169,600 $0 $0
2024 $9,634 $159,200 $0 $0
2023 $9,083 $148,400 $0 $0
2022 $9,383 $128,600 $0 $0
2021 $9,217 $123,900 $0 $0
2020 $9,424 $121,500 $0 $0
2019 $9,096 $113,600 $113,600 $0
2018 $8,477 $100,800 $0 $0
2017 $5,643 $96,300 $0 $0
2016 $5,713 $66,049 $0 $0
2015 -- $65,852 $0 $0
2014 -- $63,795 $0 $0
2013 -- $63,795 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17952

Southwestern Michigan Association of REALTORS®

APN: 11-40-430-021