NOT LISTED FOR SALE

1316 Marcus Ave Ypsilanti, MI 48198

Nancy Park Neighborhood

Estimated Value: $225,000 - $250,000

3 Beds
2 Baths
1,008 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 20, 2013

Last sale price $62,000 $62 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $1,422/month

81 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Shed

About This Home

As of February 2013

Relocation prompts sale. Home has many brand new updates including electrical, interior & exterior improvements. One block to Nancy Park for kids & Ford Lake. The open floor plan offers 3 bedrooms, 2 baths and finished basement. Newer furnace, roof and hot water tank w/warranties, oak floors throughout home, neutral kitchen. The outside has appealing exterior with nice landscaping and a two car garage. Great neighbors and community. Must see.

Last Agent to Sell the Property

Janice Marshall

Remerica Hometown III License #6501312323 Listed on: 11/30/2012

Last Buyer's Agent

Greg Drake

Realty Experts, LLC License #6502348576

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70 x 110

Parking

  • 2 Car Detached Garage

Home Design

  • 1,008 Sq Ft Home
  • Ranch Style House

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association
  • Nancy Park Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number K01115405004
  • $3,720 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Freezer, Refrigerator, Range/Stove
  • Sq Ft Combined: 1008
  • Total Sq Ft: 1008

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ypsilanti

Lot Info

  • Homestead: Yes
  • List Price per Acre: 381764.0000
  • Lot Size Area: 0.17
  • Lot Dimensions: 70 X 110
  • Parcel Number: K01115405004

Tax Info

  • Tax Amount Summer: 1012.0000
  • Tax Amount Winter: 615.0000
  • Total Tax: 1627.0000

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2012
Closed on
Feb 19, 2013
Sold by
Phillips Tim and Phillips Carrie
Bought by
Wylie Alan B
Seller's Agent
Janice Marshall
Remerica Hometown III
Buyer's Agent
Greg Drake
Realty Experts, LLC
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%
Current Estimated Value
$239,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,927
Avg. Annual Appreciation
10.77%
Original Mortgage
$63,488
Outstanding Balance
$44,704
Interest Rate
3.34%
Mortgage Type
VA
Estimated Equity
$178,526

Purchase Details

Closed on
Aug 11, 2011
Sold by
Phillips Tim and Phillips Carrie
Bought by
Ore Creek Development Corp

Purchase Details

Closed on
Dec 4, 1997
Sold by
Richards Robert R
Bought by
Phillips Tim and Phillips Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
12.49%
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
Wylie Alan B $62,000 None Available
Ore Creek Development Corp $26,774 None Available
Phillips Tim $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wylie Alan B $63,488
Previous Owner Phillips Tim $27,000
Previous Owner Phillips Tim $126,400
Previous Owner Phillips Tim $77,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2013 02/20/13 Sold $62,000 -11.3% $62 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $69,900 -- $69 / 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 -- $103,400 $0 $0
2024 $1,378 $103,300 $0 $0
2023 $1,263 $90,900 $0 $0
2022 $1,307 $84,700 $0 $0
2021 $2,129 $71,900 $0 $0
2020 $2,101 $70,400 $0 $0
2019 $828 $63,100 $63,100 $0
2018 $1,814 $59,200 $0 $0
2017 $1,838 $57,600 $0 $0
2016 $1,127 $38,009 $0 $0
2015 $1,712 $37,896 $0 $0
2014 $1,712 $37,400 $0 $0
2013 -- $37,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Janice Marshall

    Remerica Hometown III

    Section Image

  • G

    Buyer's Agent in 2013

    Greg Drake

    Realty Experts, LLC

    Section Image

  • G

    Buyer's Agent in 2013

    Gregory Drake

    Realty Experts, LLC

See All Agents

Map

Source: Realcomp

MLS Number: 212120294

Realcomp

APN: 11-15-405-004

Michigan Washtenaw County Ypsilanti 48198 Nancy Park

1316 Marcus Ave, Ypsilanti, MI

This home is located at 1316 Marcus Ave, Ypsilanti, MI 48198 since 30 November 2012 and is currently estimated at $239,927, approximately $238 per square foot. This property was built in 1952. 1316 Marcus Ave is a home located in Washtenaw County with nearby schools including Erickson Elementary School, Holmes Elementary School, and Estabrook 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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