NOT LISTED FOR SALE

5357 Margaret Ave Ypsilanti, MI 48197

Augusta Township Neighborhood

Estimated Value: $336,000 - $400,399

3 Beds
2 Baths
2,398 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $285,000 $119 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,350/month

31 Days on Market

Highlights

  • 0.86 Acre Lot
  • Wood Flooring
  • No HOA
  • Recreation Room
  • 2 Fireplaces
  • Breakfast Area or Nook

About This Home

As of March 2022

"HIGHEST AND BEST IS DUE BY THURSDAY, FEBRUARY 24, 2022 BY 10AM. Original owner of this all brick lovely ranch home in one of the most sought-after subdivision in the Lincoln School District, paved streets, No HOA and easy access to x-ways, Ann Arbor, Saline, Milan and Detroit Metro. Home features 3-beds, 2-full baths, hardwood floors under carpet in living room, hallway and bedrooms (hardwood exposed in closets to view). Spacious eat-in kitchen with ample cabinetry accented by a desk area,adjacent you will find the formal dining that opens to the living room with a sandstone surround gas fireplace. Full basement finished with dry bar for all your entertaining needs, plus a brick fireplace for aesthetic purposes only. Outside patio area, large back yard great for gardening, large shed with with electric and a home standby generator (serviced yearly). Updates include: Furnace, Water Softener 2018, Bladder Tank 2020, Well pump switch 2020, septic tank pumped in fall of 2019. Home is being sold in as-is condition. Your soon to be home is awaiting your arrival!, Rec Room: Finished

Last Agent to Sell the Property

Susan Underwood

The Charles Reinhart Company License #6501276597 Listed on: 02/18/2022

The Charles Reinhart Company

Last Buyer's Agent

No Member

Non Member Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1962

Lot Details

  • 0.86 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Gas Log Fireplace
  • Window Treatments
  • Living Room
  • Dining Area
  • Recreation Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Shed
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Well
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Davis Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,614

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1962
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Metes and Bounds
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2398.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2614.0
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Davis Acres
  • Additional Items:Generator: Yes
  • General Property Info:SqFt Above Grade: 1398.0
  • Additional Items:Sump Pump: Yes
  • Additional Items:Basement Finished: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet Floor: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Wood
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2398.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 1000.0
  • Basement Rooms:Total Basement SQFT: 1398.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 1000.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 250000.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Patio, Porch(es)
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Generator
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Dimensions: Metes and Bounds
  • Lot Size Sq Ft: 37462.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2614.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 18, 2022
Sold by
Marvin Bondie Living Trust and Mary Ann Bondie Living Trust
Bought by
Dood Daniel and Dood Brenda
Seller's Agent
Susan Underwood
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$250,000
Sold Price
$285,000
Premium/Discount to List
$35,000
14%
Current Estimated Value
$363,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,350
Avg. Annual Appreciation
7.27%
Original Mortgage
$256,500
Outstanding Balance
$241,530
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$121,251
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
Dood Daniel $285,000 Liberty Title
Dood Daniel $285,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dood Daniel $256,500
Closed Dood Daniel $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $285,000 +14.0% $119 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $250,000 -- $104 / 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 $4,493 $178,100 $0 $0
2024 $4,091 $162,200 $0 $0
2023 $3,588 $133,100 $0 $0
2022 $2,674 $118,400 $0 $0
2021 $2,534 $111,200 $0 $0
2020 $2,587 $107,400 $0 $0
2019 $2,534 $101,100 $101,100 $0
2018 $2,491 $172,661 $0 $172,661
2017 $2,369 $95,800 $0 $0
2016 $1,903 $70,160 $0 $0
2015 -- $69,951 $0 $0
2014 -- $70,850 $0 $0
2013 -- $70,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Underwood

    Seller's Agent in 2022

    Susan Underwood

    The Charles Reinhart Company

    (734) 320-7276

    3 in this area

    35 Total Sales

    Susan Underwood
    Section Image

  • N

    Buyer's Agent in 2022

    No Member

    Non Member Sales

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23126505

Southwestern Michigan Association of REALTORS®

APN: 20-06-286-008

Michigan Washtenaw County Ypsilanti 48197 Augusta Township

5357 Margaret Ave, Ypsilanti, MI

This home is located at 5357 Margaret Ave, Ypsilanti, MI 48197 since 18 February 2022 and is currently estimated at $363,350, approximately $151 per square foot. This property was built in 1962. 5357 Margaret Ave is a home located in Washtenaw County with nearby schools including Lincoln Senior High School, East Arbor Charter Academy, and South Arbor Charter 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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