NOT LISTED FOR SALE

222 N Summit St Ypsilanti, MI 48197

Midtown Neighborhood

Estimated Value: $282,000 - $325,000

5 Beds
3 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold November 07, 2019

Last sale price $202,000

Est. 48% increase in value since last sale

Current estimated payment $2,267/month

66 Days on Market

About This Home

As of November 2019

This home is located at 222 N Summit St, Ypsilanti, MI 48197 since 29 July 2019 and is currently estimated at $298,963. This property was built in 1938. 222 N Summit St 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

Tyler Weston

Real Estate One Inc License #6501366303 Listed on: 07/29/2019

Real Estate One Inc

Last Buyer's Agent

Chris Vessels

Metro Property Services License #6501392137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1938

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 54 x 133

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation

Additional Features

  • Basement

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,849
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,038

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1938
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 54 x 133
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4038.04
  • Tax Info:Zoning3: CN M
  • General Property Info:Total _pound_ Units: 2
  • Substructure:Slab: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 212400.0

Garage/Parking

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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 54 x 133
  • Lot Size Sq Ft: 6970.0
  • Zoning Description: CN M
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 22800.0
  • Insurance Expense: 2848.56
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4038.04
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Nov 6, 2019
Sold by
Mendel Jonathan M
Bought by
Silwester David and Silwester Catherine
Seller's Agent
Tyler Weston
Real Estate One Inc
Buyer's Agent
Chris Vessels
Metro Property Services
List Price
$214,900
Sold Price
$202,000
Premium/Discount to List
-$12,900
-6%
Current Estimated Value
$298,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,963
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Dec 7, 2005
Sold by
Diepenhorst Gerald A and Diepenhorst Michelle L
Bought by
Mendel Jonathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Silwester David $202,000 None Available
Mendel Jonathan M $175,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendel Jonathan M $190,000
Previous Owner Mendel Jonathan M $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2019 11/07/19 Sold $202,000 -6.0% --
10/03/2019 10/03/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $214,900 -- --
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 $7,801 $124,000 $0 $0
2024 $7,801 $118,400 $0 $0
2023 $7,355 $109,500 $0 $0
2022 $7,598 $100,400 $0 $0
2021 $7,463 $97,200 $0 $0
2020 $7,868 $83,200 $0 $0
2019 $4,041 $77,500 $77,500 $0
2018 $3,780 $72,400 $0 $0
2017 $3,705 $69,500 $0 $0
2016 $3,755 $46,647 $0 $0
2015 -- $46,508 $0 $0
2014 -- $45,056 $0 $0
2013 -- $45,056 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tyler Weston

    Real Estate One Inc

    Section Image
  • Chris Vessels

    Buyer's Agent in 2019

    Chris Vessels

    Metro Property Services

    (734) 649-2409

    20 Total Sales

    Chris Vessels
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19827

Southwestern Michigan Association of REALTORS®

APN: 11-40-164-008

Michigan Washtenaw County Ypsilanti 48197 Midtown

222 N Summit St, Ypsilanti, MI

This home is located at 222 N Summit St, Ypsilanti, MI 48197 since 29 July 2019 and is currently estimated at $298,963. This property was built in 1938. 222 N Summit St is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Holmes Elementary School, and Erickson 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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