NOT LISTED FOR SALE

503 N Adams St Ypsilanti, MI 48197

Ypsi Riverside Neighborhood

Estimated Value: $335,000 - $441,000

-- Bed
4 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold August 22, 2016

Last sale price $182,000

Est. 99% increase in value since last sale

Current estimated payment $2,701/month

4 Days on Market

About This Home

As of August 2016

This home is located at 503 N Adams St, Ypsilanti, MI 48197 since 13 June 2016 and is currently estimated at $376,731. This property was built in 1890. 503 N Adams 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

Randall Brookshire

Century 21 Affiliated License #6506034828 Listed on: 06/13/2016

Century 21 Affiliated

Last Buyer's Agent

Richard Davis

Century 21 Affiliated License #6501297476

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 148

Home Design

  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House

Community Details

  • 4 Units
  • Gross Income $28,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1890
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 x 148
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 5810.0
  • Tax Info:Zoning3: CN-M
  • General Property Info:Total _pound_ Units: 4
  • Substructure:Full: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 184900.0
  • Exterior Material:Wood Siding: Yes

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 60 x 148
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: CN-M
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 28440.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5810.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Aug 22, 2016
Sold by
Ann Broohir Randy D and Ann Broohir Peggy
Bought by
Wang Jian Qun
Seller's Agent
Randall Brookshire
Century 21 Affiliated
Buyer's Agent
Richard Davis
Century 21 Affiliated
List Price
$184,900
Sold Price
$182,000
Premium/Discount to List
-$2,900
-1.57%
Current Estimated Value
$362,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,617
Avg. Annual Appreciation
7.85%
Original Mortgage
$136,500
Outstanding Balance
$109,689
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$249,172

Purchase Details

Closed on
Oct 29, 2004
Sold by
Wilder Joyce E
Bought by
Brookshire Randy D and Lowry Peggy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Wang Jian Qun $182,000 None Available
Brookshire Randy D $181,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jian Qun $136,500
Previous Owner Brookshire Randy D $145,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $182,000 -1.6% --
06/17/2016 06/17/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $184,900 -- --
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 $8,596 $165,500 $0 $0
2024 $8,596 $153,400 $0 $0
2023 $8,104 $136,100 $0 $0
2022 $8,377 $123,600 $0 $0
2021 $8,224 $120,200 $0 $0
2020 $8,408 $106,500 $0 $0
2019 $8,116 $92,100 $92,100 $0
2018 $7,675 $91,900 $0 $0
2017 $7,519 $88,800 $0 $0
2016 $5,931 $68,581 $0 $0
2015 -- $68,376 $0 $0
2014 -- $66,900 $0 $0
2013 -- $66,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Brookshire

    Seller's Agent in 2016

    Randall Brookshire

    Century 21 Affiliated

    (734) 260-0305

    26 Total Sales

    Section Image
  • Richard Davis

    Buyer's Agent in 2016

    Richard Davis

    Century 21 Affiliated

    (734) 945-9555

    1 in this area

    54 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17958

Southwestern Michigan Association of REALTORS®

APN: 11-40-108-014

Michigan Washtenaw County Ypsilanti 48197 Ypsi Riverside

503 N Adams St, Ypsilanti, MI

This home is located at 503 N Adams St, Ypsilanti, MI 48197 since 13 June 2016 and is currently estimated at $376,731. This property was built in 1890. 503 N Adams 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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