NOT LISTED FOR SALE

317 S Grove St Ypsilanti, MI 48198

Historic South Side Neighborhood

Estimated Value: $356,000 - $384,000

3 Beds
3 Baths
2,916 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $350,000 $120 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,412/month

5 Days on Market

About This Home

As of April 2024

Wonderful multifamily unit in Ypsilanti provides a great investment opportunity with three lovely units. UPDATED kitchen flooring and bathroom in upper unit! Lots of charming details including wood flooring throughout, updated kitchens, central air conditioning, and private entries. Large shared backyard with an expansive wood deck and storage shed. Ample parking for each unit. Great location, close to downtown Ypsilanti, local parks, and easy freeway access. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 01/05/2024

Good Company

Last Buyer's Agent

Edgar Butler

@properties Christie's Int'l R.E. Birmingham License #6501424939

@properties Christie's Int'l R.E. Birmingham

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 80 x 80

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,916 Sq Ft Home
  • 2-Story Property

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 111109496003

Community Details

Overview

  • 3 Units
  • Hunters Add Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1932
  • State Equalized Value: 148100.0000
  • Year Renovated: 1932
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Sq Ft Combined: 2916
  • Total Sq Ft: 2916
  • Sq Ft Total Bsmt: 809

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Wood
  • Frontage Feet: 80
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Ypsilanti

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 80 x 80
  • Parcel Number: 111109496003
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 10740.0000
  • Tax Amount Winter: 235.0000
  • Total Tax: 10975.0000
  • Taxable Value: 148100.0000

Multi Family

  • Number Of Units Total: 3
  • Number of One Bedroom Units: 3
  • Number Of Units Leased: 3

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 3, 2024
Sold by
Schmidt Jennifer Lyn
Bought by
Kempster Ying Marilyn
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Edgar Butler
@properties Christie's Int'l R.E. Birmingham
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Views
24
Current Estimated Value
$374,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,577
Avg. Annual Appreciation
4.97%
Original Mortgage
$262,500
Outstanding Balance
$258,861
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$115,716

Purchase Details

Closed on
Feb 14, 2022
Sold by
Procida Monica and Szydlowski Monica
Bought by
Schmidt Jennifer Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2009
Sold by
Ib Property Holdings Llc
Bought by
Szydlowski Monica

Purchase Details

Closed on
Jan 25, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Ib Property Holdings Llc

Purchase Details

Closed on
Jan 24, 2008
Sold by
Gotcher Larry C and Gotcher Andrea
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jan 19, 2007
Sold by
Keene John P and Keene Beverly
Bought by
Gotcher Larry C and Gotcher Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,625
Interest Rate
11.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 2004
Sold by
Keene John P and Keene Beverly J
Bought by
Gotcher Larry and Gotcher Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
5.77%
Mortgage Type
Seller Take Back
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
Kempster Ying Marilyn $350,000 None Listed On Document
Schmidt Jennifer Lyn $300,000 Select Title
Szydlowski Monica $32,000 Title Connect Llc
Ib Property Holdings Llc -- None Available
Mortgage Electronic Registration Systems $127,375 None Available
Gotcher Larry C $230,000 None Available
Gotcher Larry $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kempster Ying Marilyn $262,500
Previous Owner Schmidt Jennifer Lyn $294,566
Previous Owner Gotcher Larry C $131,625
Previous Owner Gotcher Larry C $100,000
Previous Owner Gotcher Larry $229,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $350,000 -6.7% $120 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $375,000 -- $129 / 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 $11,401 $184,800 $0 $0
2024 $11,401 $168,200 $0 $0
2023 $10,740 $148,100 $0 $0
2022 $5,486 $128,500 $0 $0
2021 $4,992 $117,900 $0 $0
2020 $5,134 $109,500 $0 $0
2019 $4,942 $105,300 $105,300 $0
2018 $4,819 $87,800 $0 $0
2017 $4,519 $86,200 $0 $0
2016 $4,586 $61,550 $0 $0
2015 -- $61,366 $0 $0
2014 -- $61,200 $0 $0
2013 -- $61,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Seller's Agent in 2024

    Jim Shaffer

    Good Company

    (248) 219-3782

    1 in this area

    3,760 Total Sales

    Jim Shaffer
    Section Image
  • Edgar Butler

    Buyer's Agent in 2024

    Edgar Butler

    @properties Christie's Int'l R.E. Birmingham

    (248) 805-2554

    1 in this area

    119 Total Sales

    Edgar Butler
    Section Image
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Map

Source: Realcomp

MLS Number: 20240000281

Realcomp

APN: 11-09-496-003

Michigan Washtenaw County Ypsilanti 48198 Historic South Side

317 S Grove St, Ypsilanti, MI

This home is located at 317 S Grove St, Ypsilanti, MI 48198 since 05 January 2024 and is currently estimated at $374,577, approximately $128 per square foot. This property was built in 1932. 317 S Grove St is a home located in Washtenaw County with nearby schools including Erickson Elementary School, Holmes Elementary School, and Estabrook Elementary School.

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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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