NOT LISTED FOR SALE

2488 Colony Way Ypsilanti, MI 48197

Estimated Value: $343,000 - $407,000

3 Beds
1.5 Baths
2,871 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $308,500 $107 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,369/month

34 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • Recreation Room
  • Breakfast Area or Nook
  • 5-minute walk to Clubview Park

About This Home

As of May 2021

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY MIDNIGHT, APRIL 20. Just Finished Updating this Move-In-Ready, Immaculate Colonial in Popular Fairway Hills Sub. Brand New in the Last Year - Roof, Water Heater, Kitchen, Half Bath, All Flooring, Lights, Interior Doors, Base, Case, Outlets, Switches, Full Bath Faucets and Mirrors, Appliances, Laundry Tub, and Fresh Paint. Enjoy the Modern Kitchen with White Shaker Cabinets, Granite Countertops, Under-mount Double Bowl Sink, and Stainless Steel Appliances. Mostly Finished Basement Includes Finished Recreation Room with Two Closets and Brand New Carpet. Double Vanity in Full Bath with Tiled Floor. Fenced Back Yard, Living and Family Room, Wood Fireplace, and Much More. Conveniently Located Near Shopping, Colleges, Highways, and St. Joe's hosp hospital, with Low Township Taxes. You Gotta See this One!, Rec Room: Finished

Last Agent to Sell the Property

Peter Jordan

Firm Foundations Realty Group License #6501307876 Listed on: 04/16/2021

Last Buyer's Agent

No Member

Non Member Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 1972

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70x113
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Area
  • Recreation Room
  • Laundry on lower level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fairway Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,387

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Appliances Microwave: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range
  • Flooring: Carpet, Ceramic Tile, Laminate, Tile
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2871.0
  • Basement Rooms:Basement Finished SQFT: 1131.0
  • Basement Rooms:Total Basement SQFT: 1740.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Below Grade Sq Ft: 1131.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 308500.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio, Porch(es)
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 70x113
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3386.96
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 21, 2021
Sold by
Jordan Peter
Bought by
Wilson Lisa M and Aamodt Andrew D
Seller's Agent
Peter Jordan
Firm Foundations Realty Group
Buyer's Agent
No Member
Non Member Sales
List Price
$289,900
Sold Price
$308,500
Premium/Discount to List
$18,600
6.42%
Total Days on Market
34
Current Estimated Value
$370,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,968
Avg. Annual Appreciation
4.37%
Original Mortgage
$293,050
Outstanding Balance
$268,192
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$98,710

Purchase Details

Closed on
Sep 19, 2019
Sold by
Davis Deborah
Bought by
Jordan Peter

Purchase Details

Closed on
Feb 4, 2017
Sold by
Davis Deborah and Davis Debra
Bought by
Davis Debrah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,063
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2009
Sold by
Baker Manal Mohamad and Awad Mona Mohamad
Bought by
Davis Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,249
Interest Rate
4.96%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2006
Sold by
Jean Ruth Kelly
Bought by
Baker Manal Mohamad and Awad Mona Mohamad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2002
Sold by
Kendrick Randy L and Kendrick Cathy
Bought by
Ruth Kelly Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Wilson Lisa M $308,500 Cislo Title Company
Jordan Peter $111,326 None Available
Davis Debrah -- None Available
Davis Debra $123,497 None Available
Baker Manal Mohamad $195,000 None Available
Ruth Kelly Jean $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Lisa M $293,050
Closed Wilson Lisa M $75,500
Previous Owner Davis Debrah $109,063
Previous Owner Davis Deborah $21,427
Previous Owner Davis Debra $121,249
Previous Owner Baker Manal Mohamad $195,000
Previous Owner Ruth Kelly Jean $25,000
Previous Owner Ruth Kelly Jean $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $308,500 +6.4% $107 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $289,900 -- $101 / 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
2024 $3,470 $138,200 $0 $0
2023 $3,182 $119,800 $0 $0
2022 $3,293 $107,800 $0 $0
2021 $1,380 $104,700 $0 $0
2020 $3,016 $103,900 $0 $0
2019 $3,016 $93,700 $93,700 $0
2018 $2,942 $89,300 $0 $0
2017 $2,980 $83,200 $0 $0
2016 $1,817 $61,244 $0 $0
2015 $2,809 $61,061 $0 $0
2014 $2,809 $61,900 $0 $0
2013 -- $61,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Peter Jordan

    Firm Foundations Realty Group

    (734) 657-5911

    27 in this area

    65 Total Sales

    Peter Jordan
    Section Image

  • N

    Buyer's Agent in 2021

    No Member

    Non Member Sales

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 52768

Southwestern Michigan Association of REALTORS®

APN: 11-07-455-089

Michigan Washtenaw County Ypsilanti 48197

2488 Colony Way, Ypsilanti, MI

This home is located at 2488 Colony Way, Ypsilanti, MI 48197 since 16 April 2021 and is currently estimated at $370,468, approximately $129 per square foot. This property was built in 1972. 2488 Colony Way 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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