NOT LISTED FOR SALE

535 Rice Ave Ypsilanti, MI 48197

Estimated Value: $308,000 - $342,000

4 Beds
2 Baths
1,840 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $219,000 $119 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,937/month

58 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Area

About This Home

As of June 2019

This spacious bi-level home is centrally located in an established neighborhood. Your future home is 12 minutes from downtown Ann Arbor, 10 minutes from Depot Town, and a short distance away from UM, EMU, WCC, and 2 major highways. This home features a comfortable open plan with a beautiful vaulted ceiling and a brick fireplace as the focal point. The dining area looks out to a three-season room, stepping out to a large wooden deck to enjoy outdoors year round. Perfect for gatherings and weekend cookouts. The main floor also features a full bathroom and 3 bedrooms, each equipped with a closet. The lower level includes a spacious laundry / storage / exercise room to one side. On the other side of the hallway, you will find a bedroom, a full bathroom and a large family room with lots of pote potential for home theater, office, game room, in-law suite or even rent out for extra income!

Last Agent to Sell the Property

Linda Ansara

Brookstone, REALTORS® License #6501368929 Listed on: 04/30/2019

Brookstone, REALTORS®

Co-Listed By

Ubusuku Abukusumo

Keller Williams Ann Arbor Mrkt License #6501371996

Last Buyer's Agent

Cynthia Morfin

eXp Realty, LLC License #6501411526

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,734

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,734

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Year Built: 1977
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x125
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1840.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2734.01
  • Tax Info:Zoning3: Resi
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • General Property Info:SqFt Above Grade: 1840.0
  • General Property Info Garage YN: No
  • Fencing:Fenced Back: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Slab
  • LivingArea: 1840.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Fencing: Fenced Back
  • List Price: 230000.0
  • Patio and Porch Features: Deck
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: Resi

Tax Info

  • Tax Annual Amount: 2734.01
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 28, 2019
Sold by
Saced Bilal Mohammad
Bought by
Mishev Ilia and Perez Jessy K
Seller's Agent
Linda Ansara
Brookstone, REALTORS®
Buyer's Agent
Cynthia Morfin
eXp Realty, LLC
List Price
$230,000
Sold Price
$219,000
Premium/Discount to List
-$11,000
-4.78%
Current Estimated Value
$323,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,298
Avg. Annual Appreciation
6.37%
Original Mortgage
$175,000
Outstanding Balance
$153,567
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$169,731

Purchase Details

Listed on
Apr 30, 2019
Closed on
May 24, 2019
Sold by
Farzan Saeed Mohammad and Farzan Saeed
Bought by
Saeed Bilal Mohammad
Seller's Agent
Linda Ansara
Brookstone, REALTORS®
Buyer's Agent
Cynthia Morfin
eXp Realty, LLC
List Price
$230,000
Sold Price
$219,000
Premium/Discount to List
-$11,000
-4.78%

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
Outstanding Balance
$153,567
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$169,731

Purchase Details

Closed on
Aug 11, 2004
Sold by
Ali Khodja Samy and Ali Khodja Judy
Bought by
Saeed Bilal Mohammad and Saeed Mohammad
Source: Public Records

Range of Values:

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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
Mishev Ilia $219,000 None Available
Saeed Bilal Mohammad -- None Available
Saeed Bilal Mohammad $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishev Ilia $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $219,000 -4.8% $119 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $230,000 -- $125 / 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 -- $121,200 $0 $0
2024 $2,907 $120,500 $0 $0
2023 -- $109,000 $0 $0
2022 $0 $96,700 $0 $0
2021 $2,601 $88,800 $0 $0
2020 $2,601 $86,200 $0 $0
2019 $2,601 $78,100 $78,100 $0
2018 $0 $79,900 $0 $0
2017 $2,608 $78,400 $0 $0
2016 $1,626 $54,810 $0 $0
2015 $2,417 $54,647 $0 $0
2014 $2,417 $52,940 $0 $0
2013 -- $52,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23125779

Southwestern Michigan Association of REALTORS®

APN: 11-06-372-018