NOT LISTED FOR SALE

15 S Adams St Ypsilanti, MI 48197

Historic South Side Neighborhood

Estimated Value: $317,000 - $372,000

5 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold June 21, 2013

Last sale price $151,500

Est. 130% increase in value since last sale

Current estimated payment $2,396/month

4 Days on Market

About This Home

As of June 2013

This home is located at 15 S Adams St, Ypsilanti, MI 48197 since 01 May 2013 and is currently estimated at $348,765. This property was built in 1923. 15 S Adams 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

Tyler Weston

Real Estate One Inc License #6501366303 Listed on: 05/01/2013

Real Estate One Inc

Last Buyer's Agent

Ambrose Wilbanks

Century 21 Affiliated License #6501064463

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 0.25

Parking

  • 4 Parking Spaces

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Additional Features

  • Lot Dimensions are 66x165
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units

Additional Features

  • Laundry Facilities
  • Gross Income $23,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1923
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 66X165
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5689.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 3
  • Substructure:Full: Yes
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Block
  • List Price: 165000.0

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Condo/Co-op/Association

  • Association Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes

Lot Info

  • Lot Dimensions: 66X165
  • Zoning Description: Res

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 23940.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 5689.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 21, 2013
Sold by
Ullmer Ferrera Tanya and Ullmer Hans W
Bought by
Couyoumjian Sarah G
Seller's Agent
Tyler Weston
Real Estate One Inc
Buyer's Agent
Ambrose Wilbanks
Century 21 Affiliated
List Price
$159,900
Sold Price
$151,500
Premium/Discount to List
-$8,400
-5.25%
Current Estimated Value
$348,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,265
Avg. Annual Appreciation
6.99%
Original Mortgage
$108,750
Outstanding Balance
$78,244
Interest Rate
3.52%
Estimated Equity
$267,878

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 17, 2013
Sold by
Wilbanks Ambrose and Wilbanks Chanda
Bought by
Couyoumjian Sarah G
Seller's Agent
Tyler Weston
Real Estate One Inc
Buyer's Agent
Ambrose Wilbanks
Century 21 Affiliated
List Price
$159,900
Sold Price
$151,500
Premium/Discount to List
-$8,400
-5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$78,244
Interest Rate
3.52%
Estimated Equity
$267,878

Purchase Details

Closed on
Oct 26, 2007
Sold by
Ullmer Tanya and Salik Erdal
Bought by
Ullmer Tanya and Ullmer Hans W

Purchase Details

Closed on
Oct 28, 2005
Sold by
Kang Herman David J and Kang Herman Jun
Bought by
Salik Erdal and Ullmer Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 20, 2003
Sold by
J Gatsby Ltd Llc
Bought by
Herman David J
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
Couyoumjian Sarah G $151,500 None Available
Couyoumjian Sarah G -- None Available
Ullmer Tanya -- None Available
Salik Erdal $199,900 Central Title & Metropolitan
Herman David J -- --
J Gatsby Ltd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couyoumjian Sarah G $108,750
Previous Owner Ullmer Tanya $142,000
Previous Owner Ullmer Tanya I $152,000
Previous Owner Salik Erdal $159,920
Previous Owner Salik Erdal $39,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $151,500 -5.3% --
05/05/2013 05/05/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $159,900 -- --
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 $6,118 $132,800 $0 $0
2024 $6,118 $120,200 $0 $0
2023 $5,773 $105,800 $0 $0
2022 $5,455 $90,700 $0 $0
2021 $5,364 $83,900 $0 $0
2020 $5,499 $76,700 $0 $0
2019 $5,304 $73,500 $73,500 $0
2018 $4,962 $67,400 $0 $0
2017 $4,947 $66,100 $0 $0
2016 $4,932 $60,836 $0 $0
2015 -- $60,655 $0 $0
2014 -- $60,700 $0 $0
2013 -- $60,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tyler Weston

    Real Estate One Inc

    Section Image

  • A

    Buyer's Agent in 2013

    Ambrose Wilbanks

    Century 21 Affiliated

    (734) 476-0371

    12 Total Sales

    Ambrose Wilbanks
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23062787

Southwestern Michigan Association of REALTORS®

APN: 11-39-102-009

Michigan Washtenaw County Ypsilanti 48197 Historic South Side

15 S Adams St, Ypsilanti, MI

This home is located at 15 S Adams St, Ypsilanti, MI 48197 since 01 May 2013 and is currently estimated at $348,765. This property was built in 1923. 15 S Adams 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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