NOT LISTED FOR SALE

536 Terrace Ln Ypsilanti, MI 48198

Prospect Park Neighborhood

Estimated Value: $168,000 - $221,000

2 Beds
2.5 Baths
1,322 Sq Ft
$205/mo HOA Fee

Last Sold November 01, 2022

Last sale price $151,000 $114 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,397/month

35 Days on Market

Highlights

  • End Unit
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • Fenced Yard
  • Patio
  • 5-minute walk to Charles Street Tot Lot

About This Home

As of November 2022

**Highest and best Monday at 5pm** Spacious end unit condo with plenty of room to spread out. On the main level you will find nicely updated oak kitchen, dining and living room. Upstairs you will find 2 generously sized bedrooms each with their own bath. Primary suite overlooks the green space. Newer windows throughout. Amazing finished lower level for added living space. Close to Depot Town, shopping, dining and Prospect Park., Primary Bath, Rec Room: Partially Finished, Rec Room: Finished

Last Agent to Sell the Property

Daniel DeCapua

RE/MAX Platinum License #6501373867 Listed on: 09/23/2022

RE/MAX Platinum

Co-Listed By

Christopher Bergmans

The Charles Reinhart Company License #6501405727

Last Buyer's Agent

John Russell

The Charles Reinhart Company License #6501410231

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1968

Lot Details

  • Property fronts a private road
  • End Unit
  • Private Entrance
  • Fenced Yard

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • Additional Parking

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 1,322 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include water, trash, snow removal, lawn/yard care
  • College Park Terrace Condo 1 Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,260

Year Built

Built in 1968

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Townhouse
  • Stories: 2
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1322.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Townhouse
  • Tax Info:Annual Property Tax: 2260.0
  • Tax Info:Zoning3: RI
  • 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:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Location Property Info:Subdivision2: College Park Terrace Condo 1
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 1322.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Laundry Features Lower Level: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1322.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 638.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Brick, Aluminum Siding
  • Exterior Features: Fenced Back, Patio
  • List Price: 140000.0
  • Lot Features: Sidewalk
  • Road Frontage Type: Private Road
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No
  • Garage:Garage2: No
  • Garage:Additional Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 205.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 205.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: pmsi@pmsiproperties.
  • Assoc Amenities:End Unit: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Lawn/Yard Care

Lot Info

  • Zoning Description: RI
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2260.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 1, 2022
Sold by
Espy Dawn
Bought by
Barr Stephen
Seller's Agent
Daniel DeCapua
RE/MAX Platinum
Buyer's Agent
John Russell
The Charles Reinhart Company
List Price
$140,000
Sold Price
$151,000
Premium/Discount to List
$11,000
7.86%
Current Estimated Value
$193,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,891
Avg. Annual Appreciation
6.55%
Original Mortgage
$143,450
Outstanding Balance
$139,242
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$42,049

Purchase Details

Closed on
May 1, 2019
Sold by
Gold Jason and Gold Maya
Bought by
Espy Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
4%
Source: Public Records

Range of Values:

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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
Barr Stephen $151,000 --
Espy Dawn $121,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barr Stephen $143,450
Previous Owner Espy Dawn $114,950
Previous Owner Gold Jason $97,000
Previous Owner Gold Jason $98,400
Previous Owner Gold Jason $9,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $151,000 +7.9% $114 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $140,000 -- $106 / 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 -- $78,700 $0 $0
2024 $1,904 $75,600 $0 $0
2023 $1,746 $62,100 $0 $0
2022 $1,411 $55,200 $0 $0
2021 $2,260 $53,700 $0 $0
2020 $2,231 $44,100 $0 $0
2019 $445 $44,200 $44,200 $0
2018 $0 $34,800 $0 $0
2017 $1,009 $30,400 $0 $0
2016 $629 $21,200 $0 $0
2015 $1,433 $21,200 $0 $0
2014 $1,433 $29,200 $0 $0
2013 -- $29,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel DeCapua

    Seller's Agent in 2022

    Daniel DeCapua

    RE/MAX Michigan

    (734) 730-7061

    2 in this area

    506 Total Sales

    Daniel DeCapua
    Section Image
  • Christopher Bergmans

    Seller Co-Listing Agent in 2022

    Christopher Bergmans

    The Charles Reinhart Company

    (734) 730-3793

    2 in this area

    129 Total Sales

    Christopher Bergmans
    Section Image

  • J

    Buyer's Agent in 2022

    John Russell

    The Charles Reinhart Company

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23090641

Southwestern Michigan Association of REALTORS®

APN: 11-03-260-074

Michigan Washtenaw County Ypsilanti 48198 Prospect Park

536 Terrace Ln, Ypsilanti, MI

This home is located at 536 Terrace Ln, Ypsilanti, MI 48198 since 23 September 2022 and is currently estimated at $193,891, approximately $146 per square foot. This property was built in 1968. 536 Terrace Ln 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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