NOT LISTED FOR SALE

416 Perrin St Unit 103 Ypsilanti, MI 48197

Ypsi Riverside Neighborhood

Estimated Value: $2,666,413

2 Beds
1 Bath
25,623 Sq Ft
0.69 Acres

Highlights

  • Ground Level Unit
  • 1-Story Property
  • Dogs and Cats Allowed
  • No HOA
  • Baseboard Heating
  • 1-minute walk to Pease Park

About This Home

As of August 2023

UNDER NEW MANAGEMENT! Welcome to The Landing! This building is under new management and the new owners have made several upgrades to the building this year. This cozy, newly renovated studio unit brings you into the heart of it all. Located right at the entrance to Eastern Michigan University, and blocks away from downtown Ypsilanti, this studio is bathed in light through its front wall of windows; you can also enjoy the newly renovated kitchen with granite countertops, bathroom and new flooring. The location can’t be beat! Just north of Cross St, you’re walking distance from great local fare, such as STUFD, Got Burger!, Insomnia Cookies & Cross Street Cafe. The building is pet friendly with new coin-less in-building laundry. Requirements: 580+ credit score or co-signer. Text us today for details, tour and an application.

Last Agent to Rent the Property

Joslyn Stephens

PREP Realty License #6501432268 Listed on: 08/14/2023

Last Renter's Agent

Megumi Mast

The More Group MI, LLC License #6501424612

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $59,335

Year Built

  • Built in 1966

Lot Details

  • 0.69

Home Design

  • Block Foundation
  • Masonry

Interior Spaces

  • 25,623 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Security Deposit $1,150
  • 12 Month Lease Term
  • Negotiable Lease Term
  • Application Fee: 50.00
  • Assessor Parcel Number 111140113005

Community Details

Overview

  • No Home Owners Association
  • Normal School Add Subdivision

Pet Policy

  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$59,335

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Application Fee: 50.00
  • Lease Type: Apartments
  • Security Deposit: 1150.00

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story
  • Year Built: 1966
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 4
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 25623
  • Total Sq Ft: 25623
  • Sq Ft Total Bsmt: 25623

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ypsilanti

Lot Info

  • Parcel Number: 111140113005

Multi Family

  • Length of Lease: 12 Months, Negotiable

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Rashid Akram M and Rashid Hana T
Bought by
Perrin Apartments Llc
Current Estimated Value
$2,666,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Outstanding Balance
$2,213,003
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$417,217

Purchase Details

Closed on
May 3, 2006
Sold by
Batul Hamid Ismat and Batul Hamid
Bought by
Rashid Akram M and Taha Hana T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2004
Sold by
Hamid Ismat
Bought by
Rashid Akram M and Taha Henna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2004
Sold by
Batul Hamid
Bought by
Hamid Ismat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.77%
Mortgage Type
Commercial
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
Perrin Apartments Llc $2,400,000 --
Rashid Akram M $1,425,000 Central Title & Metropolitan
Rashid Akram M -- --
Hamid Ismat -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrin Apartments Llc $2,300,000
Closed Perrin Apartments Llc $2,300,000
Previous Owner Rashid Akram M $280,000
Previous Owner Rashid Akram M $380,000
Previous Owner Rashid Akram M $500,000
Previous Owner Rashid Akram M $885,000
Previous Owner Hamid Ismat $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Rented $1,150 0.0% --
08/14/2023 08/14/23 For Rent $1,150 -- --
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 $59,335 $1,019,900 $0 $0
2024 $59,335 $883,900 $0 $0
2023 $55,552 $707,500 $0 $0
2022 $37,842 $574,600 $0 $0
2021 $37,167 $563,900 $0 $0
2020 $38,002 $563,900 $0 $0
2019 $36,679 $531,500 $531,500 $0
2018 $34,411 $531,500 $0 $0
2017 $33,711 $531,500 $0 $0
2016 $34,127 $394,572 $0 $0
2015 -- $393,392 $0 $0
2014 -- $381,100 $0 $0
2013 -- $381,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2023

    Joslyn Stephens

    PREP Realty

    Section Image
  • Megumi Mast

    Tenant's Agent in 2023

    Megumi Mast

    The More Group MI, LLC

    (844) 341-4663

    1 Total Sale

    Section Image
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Map

Source: Realcomp

MLS Number: 20230062389

Realcomp

APN: 11-40-113-005

Michigan Washtenaw County Ypsilanti 48197 Ypsi Riverside

416 Perrin St Unit 103, Ypsilanti, MI

This home is located at 416 Perrin St Unit 103, Ypsilanti, MI 48197 since 14 August 2023 and is currently priced at $2,666,413. This property was built in 1966. 416 Perrin St Unit 103 is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Holmes Elementary School, and Erickson Elementary School.

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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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