NOT LISTED FOR SALE

5380 Margaret Ave Ypsilanti, MI 48197

Augusta Township Neighborhood

Estimated Value: $406,000 - $462,000

4 Beds
3.5 Baths
1,616 Sq Ft
$270/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $306,000 $189 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,793/month

10 Days on Market

Highlights

  • 1.02 Acre Lot
  • Ranch Style House
  • No HOA
  • Deck
  • Ground Level Unit
  • Porch

About This Home

As of August 2020

4 bedroom, 3 ½ bath brick ranch with over an acre to call your own. Lower level was recently completed with upgraded finishes and provides an excellent teen oasis or in-law suite. It features a carpeted family room, a custom ceramic floor in the wet bar, exercise and recreation areas. The bedroom has an egress window and full bathroom with a walk in shower. Upstairs the kitchen opens to a 20’ x 20’ screened in porch to enjoy a quiet, park-like back yard which includes one of oldest oak trees in the State of Michigan. A reverse osmosis system and Gutter Helmet gutters were recently added. Home has a natural gas Ducane grill, marble window sills, and built in shelves. The price has been reduced by $10K to accommodate buyer specific upgrades. Sellers are moving out of state and would consider negotiating items to stay with house. This property was listed just prior to the Governors stay at home order.

Last Agent to Sell the Property

Dawn Palmer

Century 21 Curran & Oberski License #6501324126 Listed on: 06/12/2020

Century 21 Curran & Oberski

Last Buyer's Agent

Brandy Sayger

Dreamstreet Realty LLC License #RCO-6501370591

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 315 x 256 x 107 x 205

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • Gas Fireplace
  • Dining Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number T02006306004
  • $3,150 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Davis Acres Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,079

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1978
  • State Equalized Value: 125100.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Dining Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 3016
  • Sq Ft Lower Floor: 1400
  • Total Sq Ft: 1616
  • Sq Ft Total Bsmt: 1616

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 315
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lincoln Consolidated

Lot Info

  • Homestead: Yes
  • List Price per Acre: 303921.5686
  • Lot Size Area: 1.02
  • Lot Dimensions: 315 x 256 x 107 x 205
  • Parcel Number: T02006306004

Tax Info

  • Tax Amount Summer: 2426.5900
  • Tax Amount Winter: 652.8300
  • Total Tax: 3079.4200
  • Taxable Value: 90405.0000

MLS Schools

  • School District: Lincoln Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 24, 2020
Sold by
Armstrong Jeffrey C and Armstrong Jayne M
Bought by
Aguirre Gilbert and Aguirre Jennifer
Seller's Agent
Dawn Palmer
Century 21 Curran & Oberski
Buyer's Agent
Brandy Sayger
Dreamstreet Realty LLC
List Price
$310,000
Sold Price
$306,000
Premium/Discount to List
-$4,000
-1.29%
Current Estimated Value
$429,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,734
Avg. Annual Appreciation
6.70%
Original Mortgage
$300,457
Outstanding Balance
$268,319
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$153,426

Purchase Details

Closed on
Aug 11, 1998
Sold by
Sprague Rita M
Bought by
Armstrong Jeffrey C and Armstrong Jayne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.05%
Mortgage Type
New Conventional
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
Aguirre Gilbert $306,000 None Available
Armstrong Jeffrey C $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguirre Gilbert V $8,462
Open Aguirre Gilbert V $300,457
Previous Owner Armstrong Jeffrey C $169,849
Previous Owner Armstrong Jeffrey C $46,796
Previous Owner Armstrong Jeffrey C $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $306,000 0.0% $189 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/17/2020 06/17/20 Off Market $306,000 -- --
06/12/2020 06/12/20 For Sale $310,000 -- $192 / Sq Ft
Source: Realcomp

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 $5,036 $203,000 $0 $0
2024 $4,216 $185,100 $0 $0
2023 $4,023 $165,100 $0 $0
2022 $4,792 $146,800 $0 $0
2021 $4,669 $137,600 $0 $0
2020 $3,113 $132,900 $0 $0
2019 $3,078 $125,100 $125,100 $0
2018 $3,030 $212,274 $1,043 $211,231
2017 $2,878 $117,200 $0 $0
2016 $2,325 $85,701 $0 $0
2015 -- $85,445 $0 $0
2014 -- $83,500 $0 $0
2013 -- $83,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dawn Palmer

    Century 21 Curran & Oberski

    (313) 820-0452

    2 in this area

    21 Total Sales

    Section Image
  • Brandy Sayger

    Buyer's Agent in 2020

    Brandy Sayger

    Dreamstreet Realty LLC

    (734) 777-3847

    2 in this area

    40 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2200043267

Realcomp

APN: 20-06-306-004

Michigan Washtenaw County Ypsilanti 48197 Augusta Township

5380 Margaret Ave, Ypsilanti, MI

This home is located at 5380 Margaret Ave, Ypsilanti, MI 48197 since 12 June 2020 and is currently estimated at $436,381, approximately $270 per square foot. This property was built in 1978. 5380 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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