NOT LISTED FOR SALE

126 College Place Ypsilanti, MI 48197

Midtown Neighborhood

Estimated Value: $405,000 - $481,000

10 Beds
4 Baths
4,365 Sq Ft
$101/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $352,300 $81 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,842/month

59 Days on Market

About This Home

As of April 2022

***Multiple Offers Received - Please submit offers by noon Friday, Feb 25*** Excellent 4 unit income property in a fantastic location. Two 3 bed units and two 2 bed units. New roof, windows, gutters, boiler, and other updates as well. This brick quadplex is an excellent investment opportunity. It has off-street parking, walking distance to EMU, Depot Town, and downtown Ypsilanti. Tenants pay electricity, owner pays water and gas.

Last Agent to Sell the Property

Gerrit Stukkie

Block Real Estate License #6501398394 Listed on: 02/21/2022

Last Buyer's Agent

Connie Naber

Remerica Integrity II License #6501330680

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 52x117

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 4,365 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • College Place Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1890
  • State Equalized Value: 170900.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 4365
  • Total Sq Ft: 4365
  • Sq Ft Total Bsmt: 1722

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 52
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Ypsilanti

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 52x117
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Heat, Water/Sewer, Snow Removal, Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3500

Tax Info

  • Tax Amount Summer: 9155.0000
  • Tax Amount Winter: 373.0000
  • Total Tax: 9528.0000

Multi Family

  • Gross Scheduled Income: 42600.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of Three Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 4

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 28, 2022
Sold by
Kclvm Properties Llc
Bought by
Phillips Brandon and Mcallister David
Seller's Agent
Gerrit Stukkie
Block Real Estate
Buyer's Agent
Connie Naber
Remerica Integrity II
List Price
$335,000
Sold Price
$352,300
Premium/Discount to List
$17,300
5.16%
Current Estimated Value
$438,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,515
Avg. Annual Appreciation
4.94%
Original Mortgage
$246,610
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2009
Sold by
Parr Scott and Parr Jody
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 1, 2005
Sold by
Parr Scott and Parr Jody
Bought by
Glsg Llc

Purchase Details

Closed on
Dec 3, 2004
Sold by
Dargel Robert
Bought by
Parr Scott and Parr Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Phillips Brandon $352,300 Reach Cynthia L
Aurora Loan Services Llc $230,095 None Available
Glsg Llc -- --
Parr Scott $323,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcallister David $246,610
Previous Owner Parr Scott $226,100
Closed Parr Scott $64,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $352,300 +5.2% $81 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $335,000 -- $77 / Sq Ft
Source: Realcomp

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 $16,148 $249,900 $0 $0
2024 $16,148 $206,500 $0 $0
2023 $16,988 $193,900 $0 $0
2022 $9,704 $176,100 $0 $0
2021 $9,532 $170,900 $0 $0
2020 $9,747 $168,100 $0 $0
2019 $9,407 $154,400 $154,400 $0
2018 $8,826 $139,900 $0 $0
2017 $8,646 $131,600 $0 $0
2016 $8,753 $101,200 $0 $0
2015 -- $106,322 $0 $0
2014 -- $103,000 $0 $0
2013 -- $103,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gerrit Stukkie

    Block Real Estate

    Section Image
  • Connie Naber

    Buyer's Agent in 2022

    Connie Naber

    Remerica Integrity II

    (248) 787-3818

    1 in this area

    158 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2220009774

Realcomp

APN: 11-40-430-033

Michigan Washtenaw County Ypsilanti 48197 Midtown

126 College Place, Ypsilanti, MI

This home is located at 126 College Place, Ypsilanti, MI 48197 since 21 February 2022 and is currently estimated at $438,815, approximately $100 per square foot. This property was built in 1890. 126 College Place is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Holmes Elementary School, and Erickson Elementary School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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