NOT LISTED FOR SALE

3893 Merritt Rd Ypsilanti, MI 48197

Estimated Value: $414,714 - $480,000

6 Beds
3 Baths
2,415 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $383,333 $159 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,878/month

103 Days on Market

Highlights

  • 1 Acre Lot
  • Recreation Room
  • Wood Flooring
  • Deck
  • Vaulted Ceiling
  • No HOA

About This Home

As of September 2023

House is under contract. House set up as a group home with 6 bedrooms & 3 baths Basement is finished. Set on a rolling 1.00 acre setting with some trees. Over sized parking areas. Handicap ramp to the front door. Several updates have been recently completed. House is services by well and septic and has been maintained on a regular basis. Part of a 3 house/business portfolio. Close to freeways and parks & shopping.House is under contract. House set up as a group home with 6 bedrooms & 3 baths Basement is finished. Set on a rolling 1.00 acre setting with some trees. Over sized parking areas. Handicap ramp to the front door. Several updates have been recently completed. House is services by well and septic and has been maintained on a regular basis. Part of a 3 house/business portfolio. H House can be easily expanded. Close to freeways and parks & shopping., Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Michael Price

Key Realty One LLC License #6501273091 Listed on: 05/31/2023

Key Realty One LLC

Last Buyer's Agent

Michael Price

Keller Williams Ann Arbor Mrkt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,748

Year Built

  • Built in 1978

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 181x240
  • The property's road front is unimproved

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,415 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Schools

  • Milan Middle School
  • Milan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,748

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1978
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 151.83
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 181x240
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2415.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 7748.0
  • Tax Info:Zoning3: res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • General Property Info:SqFt Above Grade: 2415.0
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Main Level: Yes
  • General Property Info High School: Milan High School
  • General Property Info Middle School2: Milan Middle School
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Security Features:Security System: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2415.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 366667.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Unimproved
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: No
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Security Features: Security System
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Milan High School
  • Middle/Junior School: Milan Middle School

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 181x240
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7748.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Sep 20, 2023
Sold by
Lafleur Llc
Bought by
Afcy Holdings Llc
Seller's Agent
Michael Price
Key Realty One LLC
Buyer's Agent
Michael Price
Key Realty One LLC
List Price
$366,667
Sold Price
$383,333
Premium/Discount to List
$16,666
4.55%
Current Estimated Value
$451,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,096
Avg. Annual Appreciation
7.54%
Original Mortgage
$750,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2016
Closed on
Apr 5, 2017
Sold by
Shepard Kevin A and Shepard Carol J
Bought by
La Fleur Llc
Seller's Agent
Vance Shutes
Real Estate One Inc
Buyer's Agent
Tracey Roy
The Charles Reinhart Company
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$216,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 21, 2013
Closed on
Dec 31, 2013
Sold by
Bank Of Ann Arbor
Bought by
Shepard Kevin A and Shepard Carol J
Seller's Agent
Lynn Koths
KW Professionals
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$244,500
Sold Price
$240,000
Premium/Discount to List
-$4,500
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$235,653
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2006
Sold by
Harden Gary M and Harden Susan J
Bought by
Harden Gary M and Gary M Harden Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Afcy Holdings Llc $383,333 None Listed On Document
Afcy Holdings Llc $383,333 None Listed On Document
La Fleur Llc $270,000 None Available
Shepard Kevin A $240,000 American Title Company Of Wa
Harden Gary M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Afcy Holdings Llc $750,000
Previous Owner La Fleur Llc $216,000
Previous Owner Shepard Kevin A $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2023 09/20/23 Sold $383,333 +4.5% $159 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $366,667 +35.8% $152 / Sq Ft
04/05/2017 04/05/17 Sold $270,000 -3.5% $112 / Sq Ft View Prior Sale
04/05/2017 04/05/17 Pending -- -- --
11/19/2016 11/19/16 For Sale $279,900 +16.6% $116 / Sq Ft
12/31/2013 12/31/13 Sold $240,000 -1.8% $99 / Sq Ft View Prior Sale
12/27/2013 12/27/13 Pending -- -- --
10/21/2013 10/21/13 For Sale $244,500 -- $101 / Sq Ft
Source: MichRIC

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 $6,039 $188,106 $0 $0
2024 $5,736 $171,818 $0 $0
2023 $4,635 $156,400 $0 $0
2022 $7,616 $146,900 $0 $0
2021 $7,407 $142,500 $0 $0
2020 $7,233 $136,600 $0 $0
2019 $7,061 $123,700 $123,700 $0
2018 $6,582 $109,000 $0 $0
2017 $4,197 $110,700 $0 $0
2016 $2,659 $101,598 $0 $0
2015 -- $101,295 $0 $0
2014 -- $92,300 $0 $0
2013 -- $92,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23127503

MichRIC

APN: 12-26-400-014