NOT LISTED FOR SALE

312 Olive St Ypsilanti, MI 48197

Ypsi Riverside Neighborhood

Estimated Value: $248,000 - $268,103

4 Beds
2 Baths
1,741 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $168,000 $96 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,887/month

40 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Porch
  • 5-minute walk to Pease Park

About This Home

As of August 2018

Gorgeous traditional beauty boasts hardwood floors and solid oak trim throughout most of the main floor. Steps from EMU Campus. Always rented, excellent owner occupied or housing investment for those college bound. 4 bedrooms/2 bath house or could be a duplex with 2 - 2 bedroom units if desired, each with separate entrance and electric meters. Main floor laundry with washer and dryer. Off street parking for approx 4 cars, new carpet upstairs (2018) fresh exterior paint (2017), newer roof, basement windows, water heater, main floor bath, shower inserts and some appliances. Appliances included for 2 kitchens. Replaced sewer line to the street, City rental inspection scheduled next week. Seller is a licensed Realtor.

Last Agent to Sell the Property

Mary Ann Tremaine

Real Living Tremaine Real Est. License #6501300946 Listed on: 07/08/2018

Last Buyer's Agent

Don Wurtzel

Cornerstone Real Estate License #6501366612

Cornerstone Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1885

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50 x 66
  • Property is zoned MID, MID

Home Design

  • Colonial Architecture
  • Shingle Siding

Interior Spaces

  • 1,741 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,114

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1885
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50 x 66
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1741.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4114.47
  • Tax Info:Zoning3: MID
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Window Treatments: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1741.0
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Vinyl, Wood
  • Fireplace: No
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Michigan Basement
  • LivingArea: 1741.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Shingle Siding
  • List Price: 175000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Porch(es)
  • Exterior Material:Shingle Siding: Yes
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main 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: 0.08
  • Lot Size Area: 0.08
  • Lot Dimensions: 50 x 66
  • Lot Size Sq Ft: 3485.0
  • Zoning Description: MID
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4114.47
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2018
Closed on
Aug 17, 2018
Sold by
Tremaine Mary Ann
Bought by
Aben David Joseph
Seller's Agent
Mary Ann Tremaine
Real Living Tremaine Real Est.
Buyer's Agent
Don Wurtzel
Cornerstone Real Estate
List Price
$185,000
Sold Price
$168,000
Premium/Discount to List
-$17,000
-9.19%
Current Estimated Value
$257,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,308
Avg. Annual Appreciation
6.22%
Original Mortgage
$151,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2017
Sold by
Stoner Scott
Bought by
Tremaine Mary Ann S and The Mary Ann S Tremaine Trust

Purchase Details

Closed on
Aug 27, 2012
Sold by
Tremaine Mary Ann S and Stoner Mary Ann S
Bought by
Tremaine Mary Ann S and Mary Ann S Tremaine Trust

Purchase Details

Closed on
Jul 31, 2001
Sold by
Stoner Scott A
Bought by
Stoner Mary Ann S
Source: Public Records

Range of Values:

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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
Aben David Joseph $168,000 None Available
Tremaine Mary Ann S -- None Available
Tremaine Mary Ann S -- None Available
Stoner Mary Ann S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aben David Joseph $153,000
Closed Aben David Joseph $151,200
Previous Owner Tremaine Mary Ann S $104,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $168,000 -9.2% $96 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
07/08/2018 07/08/18 For Sale $185,000 -- $106 / 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
2025 $5,735 $108,400 $0 $0
2024 $5,735 $100,500 $0 $0
2023 $5,400 $99,700 $0 $0
2022 $4,967 $91,000 $0 $0
2021 $4,893 $83,400 $0 $0
2020 $5,050 $77,600 $0 $0
2019 $4,854 $69,400 $69,400 $0
2018 $4,114 $65,800 $0 $0
2017 $4,031 $63,100 $0 $0
2016 $4,081 $47,181 $0 $0
2015 -- $47,040 $0 $0
2014 -- $46,000 $0 $0
2013 -- $46,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mary Ann Tremaine

    Real Living Tremaine Real Est.

  • Don Wurtzel

    Buyer's Agent in 2018

    Don Wurtzel

    Cornerstone Real Estate

    (734) 649-0807

    196 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23123263

Southwestern Michigan Association of REALTORS®

APN: 11-40-108-011

Michigan Washtenaw County Ypsilanti 48197 Ypsi Riverside

312 Olive St, Ypsilanti, MI

This home is located at 312 Olive St, Ypsilanti, MI 48197 since 08 July 2018 and is currently estimated at $259,776, approximately $149 per square foot. This property was built in 1885. 312 Olive St is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Holmes Elementary School, and Erickson 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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