NOT LISTED FOR SALE

315 N Prospect Rd Ypsilanti, MI 48198

Depot Town Neighborhood

Estimated Value: $263,851 - $377,000

4 Beds
3 Baths
-- Sq Ft
7,187 Sq Ft Lot

Last Sold March 26, 2014

Last sale price $84,000

Est. 264% increase in value since last sale

Current estimated payment $2,112/month

27 Days on Market

About This Home

As of March 2014

This home is located at 315 N Prospect Rd, Ypsilanti, MI 48198 since 08 January 2014 and is currently estimated at $305,463. This property was built in 1880. 315 N Prospect Rd is a home located in Washtenaw County with nearby schools including Holmes Elementary School, Erickson Elementary School, and Estabrook Elementary School.

Last Agent to Sell the Property

Randall Brookshire

Century 21 Affiliated License #6506034828 Listed on: 01/08/2014

Century 21 Affiliated

Last Buyer's Agent

PJ Fish

Senior Member Office License #6506039449

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 7,187

Parking

  • 3 Parking Spaces

Schools

  • Ypsilanti Elementary And Middle School
  • Ypsilanti High School

Additional Features

  • Michigan Basement
  • Lot Dimensions are 70x100

Community Details

  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1880
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70X100
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4018.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 3
  • Substructure:Michigan Basement: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info Elementary School2: Ypsilanti
  • General Property Info High School: Ypsilanti
  • General Property Info Middle School2: Ypsilanti
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • List Price: 89900.0

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Schools

  • Elementary School: Ypsilanti
  • High School: Ypsilanti
  • Middle/Junior School: Ypsilanti

Lot Info

  • Lot Dimensions: 70X100
  • Zoning Description: Res

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4018.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Mar 26, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Roland Bayne
Seller's Agent
Randall Brookshire
Century 21 Affiliated
Buyer's Agent
PJ Fish
Senior Member Office
List Price
$89,900
Sold Price
$84,000
Premium/Discount to List
-$5,900
-6.56%
Current Estimated Value
$305,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,463
Avg. Annual Appreciation
11.98%
Original Mortgage
$67,200
Interest Rate
4.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 28, 2013
Sold by
Yuhas Paul D and Yuhas Moira B
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 28, 2005
Sold by
Barnes Robert and Barnes Sharon L
Bought by
Yuhas Paul and Yuhas Moira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac
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
Roland Bayne $84,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $117,938 None Available
Yuhas Paul $149,900 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roland Bayne $55,000
Closed Roland Bayne $55,000
Closed Roland Bayne $67,200
Previous Owner Yuhas Paul D $112,400
Previous Owner Yuhas Paul $119,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2014 03/26/14 Sold $84,000 -6.6% --
02/04/2014 02/04/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $89,900 -- --
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 $5,372 $118,300 $0 $0
2024 $5,372 $115,200 $0 $0
2023 $5,065 $115,800 $0 $0
2022 $5,232 $104,600 $0 $0
2021 $5,139 $98,800 $0 $0
2020 $5,255 $92,900 $0 $0
2019 $5,072 $71,400 $71,400 $0
2018 $4,758 $66,100 $0 $0
2017 $4,662 $65,400 $0 $0
2016 $4,719 $54,563 $0 $0
2015 -- $54,400 $0 $0
2014 -- $43,008 $0 $0
2013 -- $43,008 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Brookshire

    Seller's Agent in 2014

    Randall Brookshire

    Century 21 Affiliated

    (734) 260-0305

    26 Total Sales

    Section Image

  • P

    Buyer's Agent in 2014

    PJ Fish

    Senior Member Office

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16829

Southwestern Michigan Association of REALTORS®

APN: 11-09-105-013

Michigan Washtenaw County Ypsilanti 48198 Depot Town

315 N Prospect Rd, Ypsilanti, MI

This home is located at 315 N Prospect Rd, Ypsilanti, MI 48198 since 08 January 2014 and is currently estimated at $305,463. This property was built in 1880. 315 N Prospect 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.

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