NOT LISTED FOR SALE

411 Olive St Ypsilanti, MI 48197

Ypsi Riverside Neighborhood

Estimated Value: $247,000 - $300,000

5 Beds
2 Baths
-- Sq Ft
2,222 Sq Ft Lot

Last Sold July 24, 2014

Last sale price $129,000

Est. 113% increase in value since last sale

Current estimated payment $1,870/month

65 Days on Market

About This Home

As of July 2014

This home is located at 411 Olive St, Ypsilanti, MI 48197 since 20 May 2014 and is currently estimated at $274,150. This property was built in 1904. 411 Olive St is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Holmes Elementary School, and Erickson Elementary School.

Last Agent to Sell the Property

Mary Ann Tremaine

Real Living Tremaine Real Est. License #6501300946 Listed on: 05/20/2014

Last Buyer's Agent

Rob Ewing

Real Estate One Inc License #6501277007

Real Estate One Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 2,222

Parking

  • 3 Parking Spaces

Additional Features

  • Michigan Basement
  • Lot Dimensions are 55x40
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Additional Features

  • Laundry Facilities
  • Gross Income $27,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1904
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 55x40
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3653.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 2
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • List Price: 143000.0

Garage/Parking

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

Condo/Co-op/Association

  • Association Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes

Lot Info

  • Lot Dimensions: 55x40
  • Zoning Description: Res

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 27360.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3653.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2021
Sold by
Albright John
Bought by
John And Joy Properties Llc
Current Estimated Value
$274,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Outstanding Balance
$79,977
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$185,542

Purchase Details

Closed on
Feb 8, 2016
Sold by
Albright John K and Albright Joy E
Bought by
John And Joy Properties Llc

Purchase Details

Closed on
Jul 15, 2015
Sold by
Tremaine Mary A
Bought by
Yang Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2014
Closed on
Jul 24, 2014
Sold by
Marvel Brian J and Marvel Lori A
Bought by
Albright John K and Albright Joy E
Seller's Agent
Mary Ann Tremaine
Real Living Tremaine Real Est.
Buyer's Agent
Rob Ewing
Real Estate One Inc
List Price
$143,000
Sold Price
$129,000
Premium/Discount to List
-$14,000
-9.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$96,750
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2011
Sold by
Marvel Brian J and Marvel Lori A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 16, 2004
Sold by
Marvel Brian J
Bought by
Student Lodging Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2003
Sold by
Livin Hortin David W
Bought by
Marvel Brian J and Marvel Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 1995
Sold by
Mcclary Catherine
Bought by
Hortin David W
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
John And Joy Properties Llc -- Liberty Title
Albright John -- Liberty Title
John And Joy Properties Llc -- None Available
John And Joy Properties Llc -- None Available
Yang Lin $140,000 --
Tremaine Mary A -- --
Albright John K $129,000 Liberty Title
Marvel Brian J -- Liberty Title
Federal Home Loan Mortgage Corporation $108,214 None Available
Student Lodging Llc -- --
Marvel Brian J -- --
Marvel Brian J $150,000 --
Hortin David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albright John $89,000
Previous Owner Yang Lin $105,000
Previous Owner Albright John K $96,750
Previous Owner Marvel Brian J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2014 07/24/14 Sold $129,000 -9.8% --
07/24/2014 07/24/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $143,000 -- --
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 $4,513 $103,900 $0 $0
2024 $4,513 $96,400 $0 $0
2023 $4,255 $95,400 $0 $0
2022 $4,400 $86,900 $0 $0
2021 $4,317 $79,500 $0 $0
2020 $4,414 $73,900 $0 $0
2019 $4,261 $65,700 $65,700 $0
2018 $3,997 $59,500 $0 $0
2017 $3,916 $57,200 $0 $0
2016 $3,964 $45,837 $0 $0
2015 -- $45,700 $0 $0
2014 -- $42,600 $0 $0
2013 -- $42,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Ann Tremaine

    Real Living Tremaine Real Est.

  • Rob Ewing

    Buyer's Agent in 2014

    Rob Ewing

    Real Estate One Inc

    (734) 216-5955

    390 Total Sales

    Rob Ewing
    Section Image

  • R

    Buyer's Agent in 2014

    Robert Ewing

    The Charles Reinhart Company

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23063248

Southwestern Michigan Association of REALTORS®

APN: 11-40-111-012

Michigan Washtenaw County Ypsilanti 48197 Ypsi Riverside

411 Olive St, Ypsilanti, MI

This home is located at 411 Olive St, Ypsilanti, MI 48197 since 20 May 2014 and is currently estimated at $274,150. This property was built in 1904. 411 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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