NOT LISTED FOR SALE

306 S Prospect St Unit 5 Ypsilanti, MI 48198

Historic South Side Neighborhood

Estimated Value: $528,932

2 Beds
1 Bath
640 Sq Ft
0.25 Acres

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Water Softener
  • Hot Water Heating System

About This Home

As of June 2020

Great 2 bedroom 3rd floor apartment with carpeting and vinyl tile floor in kitchen with a service counter overlooking Living Room. Large bathroom and good sized bedrooms with nice storage. Heat, hot water, water and trash included. On-site parking and coin operated laundry service in building. Easy access to Downtown Ypsilanti, Depot Town, Eastern Michigan University, public transportation, I-94 access are all minutes away. Walking and Biking trails within a block of building..Ford Lake, North Bay Park and Water Works Park! Great location!

Last Agent to Rent the Property

Diana Watches

Brookstone, REALTORS® Listed on: 05/11/2020

Last Renter's Agent

Charise Hinton

Hinton Real Estate Group License #6502387376

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,215

Year Built

  • Built in 1965

Lot Details

  • 0.25

Parking

  • 2 Parking Garage Spaces

Interior Spaces

  • 640 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Hot Water Heating System
  • Water Softener
  • Cable TV Available

Community Details

  • Pets Allowed

Listing and Financial Details

  • Tenant pays for cable/satellite, electric, internet access
  • The owner pays for heat, lawn/yard care, sewer, snow removal, water

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,215

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Owner Pays: Heat, Lawn/Yard Care, Sewer, Snow Removal, Water
  • Tenant Pays: Cable/Satellite, Electric, Internet Access

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential Lease
  • Stories: 3
  • Year Built: 1965
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 640.0
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Air Conditioning:Window Unit(s)2: Yes
  • General Property Info:_pound_ of Assigned Spaces: 2.0
  • Air Conditioning:Wall Unit(s)2: Yes
  • Heat Type:Hot Water2: Yes
  • General Property Info Garage YN: No
  • Pet Details:Yes2: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 640.0
  • General Property Info:Stories2: 3.0
  • Appliances Provided:Refrigerator2: Yes
  • Appliances Provided:Water Softener: Yes

Exterior Features

  • List Price: 850.0

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes

Association/Amenities

  • Other Amenities:Sidewalk2: Yes
  • Other Amenities:Cable Hookup: Yes

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890.0

Tax Info

  • Tax Year: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2020
Sold by
Pearl House Llc
Bought by
One Eyed Dog Llc
Current Estimated Value
$528,932

Purchase Details

Closed on
Feb 21, 2018
Sold by
Banyansober Living Of Lichigan Llc
Bought by
Pearl House Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2015
Sold by
Scherer & Gavas Llc
Bought by
Banyan Sober Living Of Michigan Llc

Purchase Details

Closed on
May 31, 2005
Sold by
University Bank
Bought by
Scherer & Gavas Llc

Purchase Details

Closed on
Sep 4, 2003
Sold by
Sanders Thaddina
Bought by
University Bank

Purchase Details

Closed on
May 31, 2000
Sold by
New Alternatives In Comm
Bought by
Sunset Trails

Purchase Details

Closed on
Sep 27, 1996
Sold by
Nesler Hermann
Bought by
New Alternatives In Community Living Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 1996
Sold by
Lister Gregory S
Bought by
Love Christopher B and Love Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
7.86%
Mortgage Type
Commercial
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
One Eyed Dog Llc $350,000 None Available
Pearl House Llc $309,000 None Available
Banyan Sober Living Of Michigan Llc $198,000 Devon Title Agency
Scherer & Gavas Llc $195,000 Transnation Title
University Bank $241,195 --
Sunset Trails $225,000 --
New Alternatives In Community Living Inc $160,000 --
Love Christopher B $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearl House Llc $231,750
Previous Owner Scherer & Gavas Llc $184,000
Previous Owner New Alternatives In Community Living Inc $128,000
Previous Owner Love Christopher B $61,750
Closed One Eyed Dog Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2020 06/16/20 Rented $850 0.0% --
06/16/2020 06/16/20 Under Contract -- -- --
05/11/2020 05/11/20 For Rent $850 -2.9% --
10/12/2018 10/12/18 Rented $875 0.0% --
10/08/2018 10/08/18 Under Contract -- -- --
03/11/2018 03/11/18 For Rent $875 -- --
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 $15,215 $262,400 $0 $0
2024 $15,215 $229,100 $0 $0
2023 $14,345 $188,800 $0 $0
2022 $10,643 $174,000 $0 $0
2021 $14,795 $171,200 $0 $0
2020 $19,465 $226,200 $0 $0
2019 $18,787 $213,200 $213,200 $0
2018 $16,692 $213,200 $0 $0
2017 $16,352 $213,200 $0 $0
2016 $16,554 $191,400 $0 $0
2015 -- $104,773 $0 $0
2014 -- $101,500 $0 $0
2013 -- $101,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2020

    Diana Watches

    Brookstone, REALTORS®

  • C

    Tenant's Agent in 2020

    Charise Hinton

    Hinton Real Estate Group

    Section Image
  • James McCarthy

    Seller's Agent in 2018

    James McCarthy

    Real Estate One Inc

    (734) 864-2442

    36 Total Sales

    James McCarthy
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23040044

Southwestern Michigan Association of REALTORS®

APN: 11-09-496-001

Michigan Washtenaw County Ypsilanti 48198 Historic South Side

306 S Prospect St Unit 5, Ypsilanti, MI

This home is located at 306 S Prospect St Unit 5, Ypsilanti, MI 48198 since 11 May 2020 and is currently priced at $528,932. This property was built in 1965. 306 S Prospect St Unit 5 is a home located in Washtenaw County with nearby schools including Erickson Elementary School, Holmes 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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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