NOT LISTED FOR SALE

Estimated Value: $123,000 - $201,363

3 Beds
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold November 09, 2018

Last sale price $80,000

Est. 123% increase in value since last sale

Current estimated payment $1,117/month

77 Days on Market

About This Home

As of November 2018

This home is located at 1341 Desoto Ave, Ypsilanti, MI 48198 since 22 August 2018 and is currently estimated at $178,091. This property was built in 1959. 1341 Desoto Ave is a home located in Washtenaw County with nearby schools including Rawsonville Elementary School, Owen Intermediate School, and McBride Middle School.

Last Agent to Sell the Property

Rob Ewing

Real Estate One Inc License #6501277007 Listed on: 08/22/2018

Real Estate One Inc

Last Buyer's Agent

Rudy Acuna

Century 21 Affiliated License #6501395903

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1959

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 120

Home Design

  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Community Details

  • Gross Income $14,400

Listing and Financial Details

  • Tenant pays for electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,273

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • Year Built: 1959
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 60 x 120
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1273.0
  • Tax Info:Zoning3: RI
  • General Property Info:Total _pound_ Units: 1
  • Substructure:Full: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 80000.0
  • Exterior Material:Wood Siding: Yes

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 60 x 120
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: RI
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 14400.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 1273.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2021
Sold by
Schuh Homes Llc
Bought by
Schuh Nigel B
Current Estimated Value
$178,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Outstanding Balance
$71,821
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$97,105

Purchase Details

Closed on
Jun 17, 2020
Sold by
Schuh Nigel B
Bought by
Schuh Homes Llc

Purchase Details

Listed on
Aug 22, 2018
Closed on
Nov 8, 2018
Sold by
Schuh Nigel
Bought by
Schuth Homes Llc
Seller's Agent
Rob Ewing
Real Estate One Inc
Buyer's Agent
Rudy Acuna
Century 21 Affiliated
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$60,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2003
Sold by
Grosh Michael and Grosh Joanne
Bought by
Jorochumi Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.3%
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
Schuh Nigel B -- Liberty Title
Schuh Homes Llc -- Liberty Title
Schuth Homes Llc -- Devon Title Agency
Schuh Nigel $80,000 None Available
Jorochumi Properties -- --
Grosh Michael $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuh Nigel B $78,750
Previous Owner Schuh Nigel $60,000
Previous Owner Grosh Michael $94,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $80,000 0.0% --
11/07/2018 11/07/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $80,000 -- --
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 -- $85,000 $0 $0
2024 $1,844 $74,000 $0 $0
2023 $1,690 $68,400 $0 $0
2022 $1,562 $55,500 $0 $0
2021 $2,696 $46,800 $0 $0
2020 $2,214 $41,600 $0 $0
2019 $707 $34,800 $34,800 $0
2018 $0 $28,100 $0 $0
2017 $1,302 $28,500 $0 $0
2016 $832 $20,278 $0 $0
2015 $1,204 $20,218 $0 $0
2014 $1,204 $22,300 $0 $0
2013 -- $22,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23063130

Southwestern Michigan Association of REALTORS®

APN: 11-14-188-006