NOT LISTED FOR SALE

238 Spencer Ln Ypsilanti, MI 48198

Estimated Value: $155,000 - $173,000

2 Beds
1 Bath
770 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $130,000 $169 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,000/month

Highlights

  • Deck
  • Ground Level Unit
  • Covered Patio or Porch
  • Ranch Style House
  • No HOA
  • Awning

About This Home

As of August 2020

For comp purposes only.

Last Agent to Sell the Property

Ashley Gartrelle

@properties Christies Intl RE Ann Arbor License #6501391422 Listed on: 08/06/2020

Last Buyer's Agent

Ashley Gartrelle

@properties Christies Intl RE Ann Arbor License #6501391422 Listed on: 08/06/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled in 2020

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 51x130x51x130
  • Fenced

Parking

  • Carport

Home Design

  • Ranch Style House
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 770 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Finished Basement
  • Walk-Up Access

Kitchen

  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number K01102408009

Community Details

Overview

  • No Home Owners Association
  • Grove Park Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1940
  • State Equalized Value: 32000.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished, Walk-Up Access
  • Kitchen Appliances: Disposal, Range Hood
  • Sq Ft Combined: 1270
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 770
  • Sq Ft Total Bsmt: 560

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Basement
  • Exterior Features: Awning/Overhang(s), Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 51
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ypsilanti

Lot Info

  • List Price per Acre: 866666.6667
  • Lot Size Area: 0.15
  • Lot Dimensions: 51x130x51x130
  • Parcel Number: K01102408009

Tax Info

  • Taxable Value: 26012.0000

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Aug 7, 2020
Sold by
Gladstone & Mahrougui Llc
Bought by
Drenski Cipriana Devora
Seller's Agent
Ashley Gartrelle
@properties Christies Intl RE Ann Arbor
Buyer's Agent
Ashley Gartrelle
More Group Michigan, LLC
Sold Price
$130,000
Current Estimated Value
$162,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,587
Avg. Annual Appreciation
4.56%
Original Mortgage
$127,645
Outstanding Balance
$113,992
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$49,254

Purchase Details

Closed on
Dec 20, 2019
Sold by
Mcallister Brian Dean
Bought by
Gladestone & Mahrougui Llc
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
Drenski Cipriana Devora $130,000 American Title
Gladestone & Mahrougui Llc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drenski Cipriana Devora $127,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $130,000 +16150.0% $169 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
06/01/2012 06/01/12 Rented $800 -15.8% --
05/31/2012 05/31/12 Under Contract -- -- --
03/06/2012 03/06/12 For Rent $950 -- --
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 -- $65,300 $0 $0
2024 $1,612 $58,600 $0 $0
2023 $1,760 $54,500 $0 $0
2022 $1,679 $46,800 $0 $0
2021 $2,513 $44,400 $0 $0
2020 $685 $34,500 $0 $0
2019 $1,742 $32,000 $32,000 $0
2018 $0 $34,400 $0 $0
2017 $1,748 $33,300 $0 $0
2016 $1,304 $24,660 $0 $0
2015 $1,674 $24,587 $0 $0
2014 $1,674 $24,500 $0 $0
2013 -- $24,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200062673

Realcomp

APN: 11-02-408-009