NOT LISTED FOR SALE

416 Perrin St Unit 207 Ypsilanti, MI 48197

Ypsi Riverside Neighborhood

Estimated Value: $2,699,228

2 Beds
1 Bath
25,623 Sq Ft
0.69 Acres

Highlights

  • Ground Level Unit
  • Lobby
  • Baseboard Heating
  • No HOA
  • 1-Story Property
  • 1-minute walk to Pease Park

About This Home

As of August 2023

NEW MANAGEMENT! Experience your new place at Iliad Apartments in Ypsilanti, MI. Schedule a time to check out the current floorplan options. At this community, you'll experience a wide variety in options of amenities and features. These include: high-speed internet access, hardwood floors, and convenient on-site parking options. The leasing team is ready for you to visit. Experience a new standard at Iliad Apartments.

Last Agent to Rent the Property

Joslyn Stephens

PREP Realty License #6501432268 Listed on: 04/24/2023

Last Renter's Agent

Joslyn Stephens

PREP Realty License #RCO-6501432268

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $59,335

Year Built

  • Built in 1966

Lot Details

  • 0.69

Home Design

  • Masonry

Interior Spaces

  • 25,623 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

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 $1,725
  • 12 Month Lease Term
  • Application Fee: 50.00
  • Assessor Parcel Number 111140113005

Community Details

Overview

  • No Home Owners Association
  • Normal School Add Subdivision

Amenities

  • Lobby

Pet Policy

  • Dogs and Cats Allowed
  • The building has rules on how big a pet can be within a unit

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: 1725.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story
  • Year Built: 1966
  • Foundation Features: Insulating Concrete Forms
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 25623
  • Total Sq Ft: 25623

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary), 3rd Party Unknown
  • 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

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
$2,699,228

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
$2,207,283
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$491,945

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
08/29/2023 08/29/23 Rented $1,150 0.0% --
05/22/2023 05/22/23 Under Contract -- -- --
04/24/2023 04/24/23 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

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Map

Source: Realcomp

MLS Number: 20230030403

Realcomp

APN: 11-40-113-005

Michigan Washtenaw County Ypsilanti 48197 Ypsi Riverside

416 Perrin St Unit 207, Ypsilanti, MI

This home is located at 416 Perrin St Unit 207, Ypsilanti, MI 48197 since 24 April 2023 and is currently priced at $2,699,228. This property was built in 1966. 416 Perrin St Unit 207 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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