Seller's Agent in 2015
Alexander Munro
Munro Real Estate & Developmnt
(734) 272-6612
26 Total Sales
518 Fairview Cir Ypsilanti, MI 48197
College Heights NeighborhoodEstimated Value: $380,000 - $427,000
3
Beds
2.5
Baths
1,760
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Double Oven
- Skylights
- No HOA
- Detached Garage
- Eat-In Kitchen
About This Home
As of July 2015Adjacent to Eastern Michigan University, this historic stucco tudor feels like something from a storybook with enchantment inside & out and a location to envy. Positioned on one of Ypsilanti's most prestigious streets, 518 Fairview was featured in the Historic Society's Home & Garden Tour. Backyard is a pocket park complete with deck/patio, pergola, mature trees and professionally planned landscaping. A light-filled interior has hardwood floors galore, a neutral color palette, 3 season sun room, and a well-appointed kitchen with Corian counters & stainless steel appliances. Fireplace in living room has Motawi tiles and beautiful woodwork. Upstairs you'll find a remodeled bathroom, his & her closets and a private study. Your 2.5 car garage is accessible off a private alley behind the ho house. Elegance, privacy and sophistication combine; this is Ypsilanti as it was meant to be lived. Multiple offers: highest & best offers due 6pm Thursday 5/28/15., Primary Bath
Last Agent to Sell the Property
Munro Real Estate & Developmnt License #6502405404 Listed on: 05/21/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,271
Year Built
- Built in 1925
Lot Details
- 9,757 Sq Ft Lot
- Lot Dimensions are 75x130
- Back Yard Fenced
Parking
- Detached Garage
Interior Spaces
- 1,760 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Window Treatments
- Living Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Double Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2015
Closed on
Jul 13, 2015
Sold by
Allinger Michael and Allinger Heidi
Bought by
Serpetti Justin and Serpetti Angela J
Seller's Agent
Alexander Munro
Munro Real Estate & Developmnt
Buyer's Agent
Alex Milshteyn
Real Estate One Inc
List Price
$249,900
Sold Price
$244,000
Premium/Discount to List
-$5,900
-2.36%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,428
Avg. Annual Appreciation
4.65%
Original Mortgage
$224,770
Outstanding Balance
$177,623
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$208,483
Purchase Details
Listed on
Apr 19, 2013
Closed on
Aug 8, 2013
Sold by
Nelson Erika
Bought by
Allinger Michael and Allinger Heidi
Seller's Agent
Miriam Weininger
Howard Hanna Real Estate
Buyer's Agent
Marygrace Liparoto
RE/MAX Home Sale Services
List Price
$239,000
Sold Price
$197,000
Premium/Discount to List
-$42,000
-17.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$145,600
Interest Rate
4.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2008
Sold by
Lutali Patrick D
Bought by
Nelson Erika
Purchase Details
Closed on
Aug 30, 2005
Sold by
Campbell Bruce Arthur and Campbell Cheryl Lynne
Bought by
Lutali Patrick D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 26, 2003
Sold by
Palka Linda L
Bought by
Campbell Bruce Arthur and Campbell Cheryl Lynne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.18%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Serpetti Justin | $244,000 | First American Title Ins Co | |
| Allinger Michael | $197,000 | Barristers Settlement & Titl | |
| Nelson Erika | $250,000 | None Available | |
| Lutali Patrick D | $290,000 | Central Title & Metropolitan | |
| Campbell Bruce Arthur | $285,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Serpetti Justin | $224,770 | |
| Previous Owner | Allinger Michael | $145,600 | |
| Previous Owner | Lutali Patrick D | $29,000 | |
| Previous Owner | Lutali Patrick D | $232,000 | |
| Previous Owner | Campbell Bruce Arthur | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2015 07/13/15 | Sold | $244,000 | -2.4% | $139 / Sq Ft |
| 07/07/2015 07/07/15 | Pending | -- | -- | -- |
| 05/21/2015 05/21/15 | For Sale | $249,900 | +26.9% | $142 / Sq Ft |
| 08/09/2013 08/09/13 | Sold | $197,000 | -17.6% | $112 / Sq Ft |
| 06/27/2013 06/27/13 | Pending | -- | -- | -- |
| 04/19/2013 04/19/13 | For Sale | $239,000 | -- | $136 / Sq Ft |
Source: Southwestern Michigan Association of REALTORS®
Tax History Compared to Growth
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 | $6,997 | $183,100 | $0 | $0 |
| 2024 | $6,997 | $154,400 | $0 | $0 |
| 2023 | $6,577 | $151,300 | $0 | $0 |
| 2022 | $6,959 | $139,100 | $0 | $0 |
| 2021 | $6,857 | $131,200 | $0 | $0 |
| 2020 | $7,078 | $116,000 | $0 | $0 |
| 2019 | $6,802 | $108,000 | $108,000 | $0 |
| 2018 | $6,314 | $97,400 | $0 | $0 |
| 2017 | $6,199 | $96,500 | $0 | $0 |
| 2016 | $6,301 | $92,200 | $0 | $0 |
| 2015 | -- | $79,451 | $0 | $0 |
| 2014 | -- | $72,806 | $0 | $0 |
| 2013 | -- | $72,806 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2015
Alex Milshteyn
Real Estate One Inc
(734) 417-3560
5 in this area
1,143 Total Sales
-
A
Buyer's Agent in 2015
Aleksandr Milshteyn
Howard Hanna Real Estate
-
M
Seller's Agent in 2013
Miriam Weininger
Howard Hanna Real Estate
-
M
Buyer's Agent in 2013
Marygrace Liparoto
RE/MAX Home Sale Services
Map
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 23116428
APN: 11-05-460-002
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