NOT LISTED FOR SALE

308 Perrin St Unit 308 1/2 Ypsilanti, MI 48197

Midtown Neighborhood

Estimated Value: $492,889

2 Beds
1 Bath
850 Sq Ft
3,615 Sq Ft Lot

Highlights

  • Deck
  • Lobby
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property
  • 3-minute walk to Pease Park

About This Home

As of January 2023

Location! Location! Location! Spacious 2 bedroom upper level apartment in Highly sought after EMU/Downtown, Depot Town area. Address is 308 1/2 directly above Barber shop (308 Perrin), near corner of Cross & Perrin. This Apartment has been Completely re done & awaits a new Tenant. Updates include: Oak Kitchen with stove and refrigerator, updated bath, freshly painted, new windows, lighting, curtains, doors, Beautiful bath. Nice open layout with lots of Natural light. Covered Deck off rear and ample parking close to unit. One year Minimum lease. Applicants to provide a credit report and proof of income. No application fee. If application is accepted, a $99 administrative fee is due along with 1st months rent and 1.5 month Security deposit. Co Borrower is Ok. No Smoking in unit.

Last Agent to Rent the Property

Carol LaPerriere

3DX Real Estate LLC License #6501226129 Listed on: 11/15/2022

3DX Real Estate LLC

Last Renter's Agent

Carol LaPerriere

3DX Real Estate LLC License #6501226129 Listed on: 11/15/2022

3DX Real Estate LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,719

Year Built

  • Built in 1924 | Remodeled in 2022

Lot Details

  • 3,615

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Electric Oven
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Security Deposit $1,425
  • 24 Month Lease Term
  • Assessor Parcel Number 111140183010

Community Details

Overview

  • No Home Owners Association
  • Western Add Subdivision

Amenities

  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$21,719

Year Built

Built in 1924 | Remodeled in 2022

Lot Details

0

Rental Info

  • Lease Type: Apartments
  • Security Deposit: 1425.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story Up
  • Year Built: 1924
  • Year Renovated: 2022
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Disposal, Free-Standing Electric Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 850
  • Total Sq Ft: 850

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: No Garage
  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 99.00

Schools

  • School District: Ypsilanti

Lot Info

  • Parcel Number: 111140183010

Multi Family

  • Length of Lease: 13-24 Months

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Arc 1 Investments Llc
Bought by
Michigan Realty Advantage Llc
Current Estimated Value
$492,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Outstanding Balance
$345,112
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$141,086

Purchase Details

Closed on
Feb 13, 2019
Sold by
Manara Holdings Llc
Bought by
Arc 1 Investments Llc

Purchase Details

Closed on
Jun 28, 2011
Sold by
Eidy Alex
Bought by
Manara Holdings Llc

Purchase Details

Closed on
Oct 31, 2007
Sold by
308 Perrin Llc
Bought by
Eidy Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2003
Sold by
Romain Loren J
Bought by
308 Perrin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2003
Sold by
Romain Janet and Romain Margaret Janet
Bought by
Romain Loren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.3%
Mortgage Type
Commercial
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
Michigan Realty Advantage Llc $470,000 None Listed On Document
Arc 1 Investments Llc $332,000 Title One Inc
Manara Holdings Llc $90,000 Bell Title
Eidy Alex $220,000 Transnation Title
308 Perrin Llc -- American Pioneer Title Insur
Romain Loren J $192,000 --
Romain Loren J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michigan Realty Advantage Llc $352,500
Previous Owner Arc 1 Investments Llc $325,500
Previous Owner Eidy Alex $176,000
Previous Owner 308 Perrin Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Rented $950 0.0% --
11/15/2022 11/15/22 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 $21,719 $281,900 $0 $0
2024 $21,719 $253,200 $0 $0
2023 $13,551 $196,600 $0 $0
2022 $13,974 $170,100 $0 $0
2021 $13,723 $163,000 $0 $0
2020 $14,024 $153,500 $0 $0
2019 $10,890 $134,700 $134,700 $0
2018 $10,225 $127,900 $0 $0
2017 $10,018 $127,100 $0 $0
2016 $10,601 $114,800 $0 $0
2015 -- $117,957 $0 $0
2014 -- $114,800 $0 $0
2013 -- $114,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221061629

Realcomp

APN: 11-40-183-010