NOT LISTED FOR SALE

540 Kennedy Ave Ypsilanti, MI 48198

Estimated Value: $215,054 - $245,000

4 Beds
1 Bath
1,365 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 08, 2013

Last sale price $35,000 $26 Per Sq Ft

Est. 546% increase in value since last sale

Current estimated payment $1,310/month

11 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • Detached Garage
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of April 2013

HUD Home. Sold AS IS' by elec bid only. Up to $1250 comm. Avail 1/24/13. Bids due by 2/2/13 11:59 PM Central Time then daily til sold. FHA Case #261-877104. Insd w/ esc rpr $550. 203K elig. Keys in LO $2/ea or $12/8-key set. For info visit . For add forms, updates, step-by-step video & free photo list, pls visit . BLB Resources makes no warranty as to cond of prop. Buyer verify all info. LBP Addendum.

Last Agent to Sell the Property

Jack Brown

AMK Properties License #6502433012 Listed on: 01/24/2013

Last Buyer's Agent

No Member

Non Member Sales

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Property is zoned RI, RI

Parking

  • Detached Garage

Interior Spaces

  • 1,365 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Ypsilanti Community Middle School
  • Ypsilanti Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50X130
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1365.0
  • Tax Info:Annual Property Tax: 1835.0
  • Tax Info:Zoning3: RI
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:SqFt Above Grade: 1365.0
  • General Property Info High School: Ypsilanti Community High School
  • General Property Info Middle School2: Ypsilanti Community Middle School
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 1365.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • List Price: 35000.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Porch(es)
  • Patio and Porch Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Ypsilanti Community High School
  • Middle/Junior School: Ypsilanti Community Middle School

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 50X130
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: RI
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1835.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2013
Closed on
Apr 3, 2013
Sold by
Secretary Of Hud
Bought by
Wilson Mary T and Mcintosh Reanda R
Seller's Agent
Jack Brown
AMK Properties
Buyer's Agent
No Member
Non Member Sales
List Price
$35,000
Sold Price
$35,000
Current Estimated Value
$226,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,264
Avg. Annual Appreciation
16.02%

Purchase Details

Closed on
Mar 22, 2012
Sold by
Flagstar Bank
Bought by
Secretary Of Hud

Purchase Details

Closed on
Feb 16, 2012
Sold by
Farquharson Eric
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Jul 16, 2004
Sold by
Livi Farquharson Stella and Livi Pauline Yargeau Revocable
Bought by
Farquharson Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,785
Interest Rate
6.1%
Mortgage Type
FHA
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
Wilson Mary T $35,000 None Available
Secretary Of Hud -- None Available
Flagstar Bank Fsb $127,769 None Available
Farquharson Eric $122,000 Midwest Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farquharson Eric $120,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2013 04/08/13 Sold $35,000 0.0% $26 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $35,000 -- $26 / 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 -- $94,100 $0 $0
2024 -- $100,500 $0 $0
2023 $1,482 $93,000 $0 $0
2022 $1,482 $81,100 $0 $0
2021 $1,482 $66,500 $0 $0
2020 $1,482 $54,300 $0 $0
2019 $1,482 $46,400 $46,400 $0
2018 $0 $42,300 $0 $0
2017 $1,486 $42,000 $0 $0
2016 $907 $30,591 $0 $0
2015 $1,465 $30,500 $0 $0
2014 $1,465 $39,600 $0 $0
2013 -- $39,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23124846

Southwestern Michigan Association of REALTORS®

APN: 11-10-483-029