NOT LISTED FOR SALE

524 Holmes Rd Ypsilanti, MI 48198

Prospect Park Neighborhood

Estimated Value: $195,000 - $247,165

1 Bed
1 Bath
1,307 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 18, 2013

Last sale price $45,000 $34 Per Sq Ft

Est. 384% increase in value since last sale

Current estimated payment $1,329/month

47 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • No HOA
  • Porch
  • 2-minute walk to Charles Street Tot Lot

About This Home

As of April 2013

Well maintained home built on an oversized fenced double lot with an oversized garage for storage or work shop. Compact living space with a maintenance free exterior. Square footage does not include 220 sq ft glassed in porch. Full finished basement with potential second bedroom. 2nd lot has it's own tax code for future sale or possible build. The personal representative for the Estate of Helen Akans is related to the listing agent.

Last Agent to Sell the Property

Jeffrey Stabnau

Real Estate One Inc License #6506007259 Listed on: 01/25/2013

Real Estate One Inc

Last Buyer's Agent

No Member

Non Member Sales

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.29

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Ypsilanti Elementary School
  • Ypsialnti Middle School
  • Ypsilanti High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Lot Dimensions are 100x239

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Bungalow
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x239
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1307.0
  • General Property Info:Design: Bungalow
  • Tax Info:Annual Property Tax: 2207.0
  • Tax Info:Zoning3: res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Wood Floor: Yes
  • Garage Type Detached: Yes
  • General Property Info:SqFt Above Grade: 669.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Basement Finished: Yes
  • General Property Info Elementary School2: Ypsilanti
  • General Property Info High School: Ypsilanti
  • General Property Info Middle School2: Ypsialnti
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer, Oven, Range, Refrigerator
  • Interior Amenities: Garage Door Opener, Wood Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1307.0
  • Basement Rooms:Basement Finished SQFT: 638.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Below Grade Sq Ft: 638.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Porch(es)
  • List Price: 50000.0
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage:Heated Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Ypsilanti
  • High School: Ypsilanti
  • Middle/Junior School: Ypsialnti

Lot Info

  • Lot Dimensions: 100x239
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2207.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2013
Closed on
Apr 18, 2013
Sold by
Stabnau Helen P
Bought by
Mehlhaff Kyle R
Seller's Agent
Jeffrey Stabnau
Real Estate One Inc
Buyer's Agent
No Member
Non Member Sales
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%
Current Estimated Value
$217,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,791
Avg. Annual Appreciation
13.08%
Original Mortgage
$44,184
Outstanding Balance
$31,550
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$174,855
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
Mehlhaff Kyle R $45,000 Embassy Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehlaff Kyle R $44,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2013 04/18/13 Sold $45,000 -10.0% $34 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $50,000 -- $38 / 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 $1,740 $96,400 $0 $0
2024 $1,740 $89,400 $0 $0
2023 $1,635 $79,300 $0 $0
2022 $1,729 $72,200 $0 $0
2021 $1,705 $66,900 $0 $0
2020 $1,760 $61,300 $0 $0
2019 $1,691 $50,400 $50,400 $0
2018 $1,619 $50,000 $0 $0
2017 $1,591 $48,000 $0 $0
2016 $1,567 $22,928 $0 $0
2015 -- $22,860 $0 $0
2014 -- $32,119 $0 $0
2013 -- $32,119 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Stabnau

    Seller's Agent in 2013

    Jeffrey Stabnau

    Real Estate One Inc

    (734) 662-8600

    12 Total Sales

    Jeffrey Stabnau
    Section Image

  • N

    Buyer's Agent in 2013

    No Member

    Non Member Sales

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23115665

Southwestern Michigan Association of REALTORS®

APN: 11-03-327-001

Michigan Washtenaw County Ypsilanti 48198 Prospect Park

524 Holmes Rd, Ypsilanti, MI

This home is located at 524 Holmes Rd, Ypsilanti, MI 48198 since 25 January 2013 and is currently estimated at $217,791, approximately $166 per square foot. This property was built in 1925. 524 Holmes Rd is a home located in Washtenaw County with nearby schools including Holmes Elementary School, Erickson Elementary School, and Estabrook 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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