NOT LISTED FOR SALE

5200 Merritt Rd Ypsilanti, MI 48197

Estimated Value: $141,000 - $215,000

2 Beds
1 Bath
792 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $59,900 $76 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,066/month

243 Days on Market

Highlights

  • 0.75 Acre Lot
  • No HOA
  • 2 Car Attached Garage
  • Wood Flooring
  • Breakfast Area or Nook
  • Bungalow

About This Home

As of August 2015

Country Setting - 0.75 acre treed lot - 2 Bedroom 1 Bath Bungalow (note - bedroom #2 is in attic area and is unfinished), wrought Iron stairs to attic bedroom, 2 Car attached Garage,....ready to see! This is a Fannie Mae HomePath Home.

Last Agent to Sell the Property

Ronald Herman

Howard Hanna Real Estate License #6501311211 Listed on: 12/30/2014

Last Buyer's Agent

Kathryn Deyo

Barristers Settlement & Title Agency

Home Details

Home Type

  • Single Family

Lot Details

  • 0.75 Acre Lot
  • Property is zoned RI, RI

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 792 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Bungalow
  • Year Built: 9999
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 792.0
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Bungalow
  • Tax Info:Annual Property Tax: 1787.0
  • Tax Info:Zoning3: RI
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Additional Items:Wood Floor: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 792.0
  • Laundry Features Lower Level: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Wood Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 792.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Breakfast Nook: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 59900.0
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Septic System
  • Utilities: Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.75
  • Lot Size Area: 0.75
  • Lot Size Sq Ft: 32670.0
  • Zoning Description: RI
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1787.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2014
Closed on
Aug 31, 2015
Sold by
Fannie Mae
Bought by
Tamoshunas Paul J
Seller's Agent
Ronald Herman
Howard Hanna Real Estate
Buyer's Agent
Kathryn Deyo
Barristers Settlement & Title Agency
List Price
$88,000
Sold Price
$59,900
Premium/Discount to List
-$28,100
-31.93%
Current Estimated Value
$180,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,751
Avg. Annual Appreciation
11.51%
Original Mortgage
$68,313
Outstanding Balance
$53,765
Interest Rate
3.97%
Mortgage Type
FHA
Estimated Equity
$126,886

Purchase Details

Closed on
Jun 3, 2014
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
May 1, 2014
Sold by
Herschelman Elmer Carl
Bought by
Green Tree Servicing Llc
Source: Public Records

Range of Values:

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Average Value
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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
Tamoshunas Paul J $59,900 None Available
Fannie Mae -- None Available
Green Tree Servicing Llc $108,395 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamoshunas Paul J $68,313
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $59,900 -31.9% $76 / Sq Ft
08/30/2015 08/30/15 Pending -- -- --
12/30/2014 12/30/14 For Sale $88,000 -- $111 / Sq Ft
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 -- $63,200 $0 $0
2024 $1,295 $66,800 $0 $0
2023 $1,164 $56,100 $0 $0
2022 $1,111 $52,100 $0 $0
2021 $1,840 $55,000 $0 $0
2020 $1,816 $50,800 $0 $0
2019 $698 $47,300 $47,300 $0
2018 $0 $38,200 $0 $0
2017 $1,566 $34,200 $0 $0
2016 $969 $33,300 $0 $0
2015 $1,787 $32,300 $0 $0
2014 $1,787 $28,200 $0 $0
2013 -- $28,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ronald Herman

    Howard Hanna Real Estate

  • K

    Buyer's Agent in 2015

    Kathryn Deyo

    Barristers Settlement & Title Agency

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23060910

Southwestern Michigan Association of REALTORS®

APN: 11-31-200-009

Michigan Washtenaw County Ypsilanti 48197

5200 Merritt Rd, Ypsilanti, MI

This home is located at 5200 Merritt Rd, Ypsilanti, MI 48197 since 30 December 2014 and is currently estimated at $180,651, approximately $228 per square foot. 5200 Merritt Rd is a home located in Washtenaw County with nearby schools including Lincoln Senior High School, East Arbor Charter Academy, and Pittsfield Acres Academy.

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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