NOT LISTED FOR SALE

5501 New Meadow Dr Ypsilanti, MI 48197

Estimated Value: $309,000 - $371,000

4 Beds
2.5 Baths
1,976 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $70,500 $36 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $2,081/month

8 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Eat-In Kitchen
  • No HOA
  • 2 Car Attached Garage
  • Carpet

About This Home

As of April 2012

Large 4 Bdrm, 2.1 Bath Home W/Full Bsmnt, Attached 2 Car Gar, Fenced Bckyrd, Formal Dining Rm & More. This Is A Fannie Mae Homepath Property. You Can Purchase This Property For As Little As 3% Down., Primary Bath

Last Agent to Sell the Property

Greg Drake

Realty Experts LLC Brokerage Email: reBrokerBrad@gmail.com License #6502348576 Listed on: 03/28/2012

Last Buyer's Agent

Porshea Anderson

On Line Real Estate, Inc. License #6502102285

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 62x103
  • Fenced Yard
  • Property is zoned R4, R4

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Lincoln Brick Elementary School
  • Lincoln Middle School
  • Lincoln Senior High School

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Attribution Contact: reBrokerBrad@gmail.com
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 62X103
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1976.0
  • Tax Info:Annual Property Tax: 2947.0
  • Tax Info:Zoning3: R4
  • Garage Type Attached: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1976.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Vinyl Floor: Yes
  • General Property Info Elementary School2: Lincoln_brick
  • General Property Info High School: Lincoln_senior
  • General Property Info Middle School2: Lincoln_middle
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 1976.0
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Fenced Back, Deck(s)
  • List Price: 63500.0
  • Lot Features: Sidewalk
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lincoln_brick
  • High School: Lincoln_senior
  • Middle/Junior School: Lincoln_middle

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 62X103
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2947.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2012
Sold by
Valle Rosibel
Bought by
Valle Rosibel and Lopez Nelson A
Current Estimated Value
$331,103

Purchase Details

Closed on
Sep 16, 2011
Sold by
Nationstar Mortgage Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Sep 8, 2011
Sold by
Lopez Roberto A
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jul 31, 2010
Sold by
Lopez Roberto A and Lopez Alejondro A
Bought by
Lopez Roberto A

Purchase Details

Closed on
Sep 23, 2004
Sold by
Lopez Roberto A
Bought by
Lopez Roberto A and Lopez Alejondro A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.91%
Mortgage Type
New Conventional
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
Valle Rosibel -- None Available
Fannie Mae -- None Available
Nationstar Mortgage Llc $169,087 None Available
Lopez Roberto A -- None Available
Lopez Roberto A -- First American Title
Lopez Roberto A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Roberto A $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $70,500 +11.0% $36 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $63,500 -- $32 / 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 -- $138,700 $0 $0
2024 -- $138,500 $0 $0
2023 -- $128,200 $0 $0
2022 $0 $110,000 $0 $0
2021 $4,440 $106,500 $0 $0
2020 $4,440 $102,200 $0 $0
2019 $4,440 $92,200 $92,200 $0
2018 $0 $86,900 $0 $0
2017 $4,460 $84,700 $0 $0
2016 $3,153 $66,675 $0 $0
2015 $3,084 $66,476 $0 $0
2014 $3,084 $64,400 $0 $0
2013 -- $64,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Greg Drake

    Realty Experts LLC

    Section Image

  • P

    Buyer's Agent in 2012

    Porshea Anderson

    On Line Real Estate, Inc.

    (734) 276-2286

    8 in this area

    13 Total Sales

    Porshea Anderson
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 39491

Southwestern Michigan Association of REALTORS®

APN: 11-22-165-261

Michigan Washtenaw County Ypsilanti 48197

5501 New Meadow Dr, Ypsilanti, MI

This home is located at 5501 New Meadow Dr, Ypsilanti, MI 48197 since 28 March 2012 and is currently estimated at $331,103, approximately $167 per square foot. This property was built in 1979. 5501 New Meadow Dr is a home located in Washtenaw County with nearby schools including Lincoln Senior High School, East Arbor Charter Academy, and Arbor Preparatory High 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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