$74,000
SOLD SEP 19, 2017

2257 George Ave Ypsilanti, MI 48198

3 Beds
1 Bath
1,350 Sq Ft
0.28 Acres

Recently Sold

$55 Per Sq Ft

48% Above List Price

4 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Living Room
  • 4-minute walk to Sugarbrook Park

About This Home

As of May 2018

Terrific investment opportunity. Spacious three bedroom tenant occupied home. Partially finished basement, stainless steel appliances, and two car garage. Home sold as-is, no repairs. (tenant moves out beginning of September, currently paying $750/month)

Last Agent to Sell the Property

Don Wurtzel

Cornerstone Real Estate License #6501366612 Listed on: 07/17/2017

Cornerstone Real Estate

Last Buyer's Agent

Rudy Acuna

Century 21 Affiliated License #6501395903

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • Back Yard Fenced
  • Property is zoned RI, RI

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1961
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1350.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2243.0
  • Tax Info:Zoning3: RI
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:SqFt Above Grade: 950.0
  • Laundry Features Lower Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1350.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 400.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 400.0

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced Back
  • List Price: 49900.0
  • Lot Features: Sidewalk
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning Description: RI
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2243.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 30, 2018
Sold by
Brooks Anthony
Bought by
Lake Matthew P
Seller's Agent
Rudy Acuna
Century 21 Affiliated
Buyer's Agent
Rudy Acuna
Century 21 Affiliated
List Price
$134,900
Sold Price
$143,000
Premium/Discount to List
$8,100
6%
Current Estimated Value
$222,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,227
Avg. Annual Appreciation
6.16%
Original Mortgage
$135,850
Outstanding Balance
$117,603
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$103,039

Purchase Details

Listed on
Jul 17, 2017
Closed on
Sep 15, 2017
Sold by
Slocum Linda E and The Linda E Slocum Living Trut
Bought by
Brooks Anthony
Seller's Agent
Don Wurtzel
Cornerstone Real Estate
Buyer's Agent
Rudy Acuna
Century 21 Affiliated
List Price
$49,900
Sold Price
$74,000
Premium/Discount to List
$24,100
48.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
194.46%

Purchase Details

Closed on
Jul 27, 2004
Sold by
Slocum Linda E and Estate Of Randy Slocum
Bought by
Slocum Linda E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $143,000 Devon Title Agency
Warranty Deed $74,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $61,389 Unknown
Closed $76,000 Credit Line Revolving
Open $135,850 New Conventional
Previous Owner $43,700 Future Advance Clause Open End Mortgage
Previous Owner $10,255 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $143,000 +6.0% $99 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $134,900 +82.3% $93 / Sq Ft
09/19/2017 09/19/17 Sold $74,000 +48.3% $55 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $49,900 -- $37 / Sq Ft
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 -- $101,500 $0 $0
2024 $1,538 $91,100 $0 $0
2023 $1,373 $84,600 $0 $0
2022 $1,241 $78,000 $0 $0
2021 $2,300 $66,600 $0 $0
2020 $2,271 $59,400 $0 $0
2019 $1,062 $48,700 $48,700 $0
2018 $0 $37,800 $0 $0
2017 $2,244 $40,500 $0 $0
2016 $1,326 $32,296 $0 $0
2015 $1,993 $32,200 $0 $0
2014 $1,993 $33,000 $0 $0
2013 -- $33,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23123253

Southwestern Michigan Association of REALTORS®

APN: 11-14-435-006