NOT LISTED FOR SALE

281 N Harris Rd Ypsilanti, MI 48198

Estimated Value: $196,925

4 Beds
5 Baths
1,800 Sq Ft
$109/Sq Ft Est. Value

Last Sold November 02, 2013

Last sale price $100,000 $56 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,270/month

102 Days on Market

Highlights

  • 10.01 Acre Lot
  • Forced Air Heating and Cooling System
  • Fenced
  • Patio
  • 50 Car Garage

About This Home

As of November 2013

FABULOUS OPPORTUNITY FOR RENTAL INCOME! THIS CONSISTS OF 2- 2 BEDROOM UNITS WITH ADDITIONAL 4 BUILDINGS: 1) 20 X 90 WITH 4 OVRHD DOORS, 8' & 10' WITH SOME OFFICE SPACE & BATHROOM. 2) SAME AS BUILDING 1, BLDG 3 30 X 30 WITH 2 OVERHEAD DOORS, BLDG 440 X 20, 2 OVERHEAD DOORS. SOME CURRENTLY RENTED TO SMALL BUSINESS. LOTS OF RENT AVAILABLE OR OWNER / USER. LIVE IN ONE UNIT AND RUN A BUSINESS IN THE REAR, MANY OTHER POSSIBILITIES!!

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 06/21/2013

Last Buyer's Agent

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 06/21/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 10.01 Acre Lot
  • Lot Dimensions are 90 x 480
  • Fenced

Interior Spaces

  • 5 Full Bathrooms
  • 1,800 Sq Ft Home
  • 2-Story Property
  • Basement

Parking

  • 50 Car Garage
  • On-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number J01023200003

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Sq Ft Combined: 1800
  • Total Sq Ft: 1800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Wood
  • Exterior Features: Fenced, Lighting
  • Frontage Feet: 90
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages, On Street, Paved
  • Total Parking Spaces: 50

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Willow Run

Lot Info

  • List Price per Acre: 17472.0000
  • Lot Size Area: 10.01
  • Lot Dimensions: 90 X 480
  • Parcel Number: J01023200003
  • Zone Conform: Yes
  • Zoning: Commercial
  • Homestead Percent: 0 Percent

Rental Info

  • Monthly Rental Income: 3035

Tax Info

  • Tax Amount Summer: 1381.0000
  • Tax Amount Winter: 3589.0000
  • Total Tax: 4970.0000

Multi Family

  • Gross Scheduled Income: 36120.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Willow Run

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2013
Closed on
Nov 1, 2013
Sold by
Sizemore Ronald E and Sizemore Jeri L
Bought by
Lob Llc
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Jeffry Kermath
Kermath Realty LLC
List Price
$198,000
Sold Price
$100,000
Premium/Discount to List
-$98,000
-49.49%
Current Estimated Value
$196,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,925
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Jan 10, 2003
Sold by
Sizemore Darcus M
Bought by
Sizemore Rolland and Sizemore Sharon F
Source: Public Records

Range of Values:

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Average Value
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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
Lob Llc -- None Available
Sizemore Rolland -- --
Sizemore Rolland -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lob Llc $1,000,000
Open Lob Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2013 11/02/13 Sold $100,000 -49.5% $56 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $198,000 -- $110 / Sq Ft
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 -- $188,700 $0 $0
2024 -- $196,400 $0 $0
2023 -- $189,800 $0 $0
2022 $0 $147,500 $0 $0
2021 $6,620 $130,700 $0 $0
2020 $6,620 $122,800 $0 $0
2019 $6,620 $111,100 $111,100 $0
2018 $0 $112,100 $0 $0
2017 $6,555 $92,900 $0 $0
2016 $4,953 $93,700 $0 $0
2015 $6,392 $93,600 $0 $0
2014 $6,392 $86,500 $0 $0
2013 -- $86,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffry Kermath

    Seller's Agent in 2013

    Jeffry Kermath

    Kermath Realty LLC

    (734) 649-4903

    2 in this area

    670 Total Sales

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Map

Source: Realcomp

MLS Number: 213062044

Realcomp

APN: 11-11-271-006

Michigan Washtenaw County Ypsilanti 48198

281 N Harris Rd, Ypsilanti, MI

This home is located at 281 N Harris Rd, Ypsilanti, MI 48198 since 21 June 2013 and is currently estimated at $196,925, approximately $109 per square foot. This property was built in 1970. 281 N Harris Rd is a home located in Washtenaw County with nearby schools including Holmes Elementary School, Erickson Elementary School, and Estabrook 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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