NOT LISTED FOR SALE

5623 Michael Dr Ypsilanti, MI 48197

Estimated Value: $355,000 - $380,000

3 Beds
3.5 Baths
2,471 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $335,000 $136 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,283/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Skylights
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Porch

About This Home

As of June 2023

Welcome to this sun-filled colonial home in Ford Lake Village neighborhood! 3beds, 3.5baths. Grand windows, skylights in the living room, and 2nd floor bathroom. Spacious family room with a fireplace, double patio doors to the newly painted deck/backyard. The master suite with vaulted ceiling, and the fixed window above tub. First floor laundry, and finished basement with one full bath! Easy access to highway, parks, stores, shops, restaurants. ready move in before new semester starts! Open house Sat. 5/27 1-3pm, Primary Bath

Last Agent to Sell the Property

Judie Wu

The Charles Reinhart Company License #6501380541 Listed on: 05/24/2023

The Charles Reinhart Company

Last Buyer's Agent

Daniel DeCapua

RE/MAX Platinum License #6501373867

RE/MAX Platinum

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,226

Year Built

  • Built in 1994

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned RI, RI

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Carport
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Window Treatments
  • Living Room
  • Dining Area

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Ford Lake Villageno 1 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,226

Year Built

Built in 1994

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full
  • LivingArea: 2471.0
  • Window Features: Skylight(s), Window Treatments
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 850.0
  • Basement Rooms:Total Basement SQFT: 923.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 850.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 320000.0
  • Patio and Porch Features: Patio, Porch(es)
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Carport, Attached
  • Additional Items:Garage Door Opener: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Annually
  • Association: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 240.0
  • Association Info:Assoc Fee Payable: Annually
  • General Property Info:Association Contact: N

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9148.0
  • Zoning Description: RI
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5226.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2025
Sold by
Hoefer Michael and Hoefer Nicole
Bought by
Hoefer Michael and Hoefer Nicole
Current Estimated Value
$364,248

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 9, 2023
Sold by
Lee Hee-Young
Bought by
Hoefer Michael and Hoefer Nicole
Seller's Agent
Judie Wu
The Charles Reinhart Company
Buyer's Agent
Daniel DeCapua
RE/MAX Platinum
List Price
$320,000
Sold Price
$335,000
Premium/Discount to List
$15,000
4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%

Purchase Details

Closed on
Dec 14, 2018
Sold by
Park Hyelee and Nang Kevin
Bought by
Lee Hee Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2016
Closed on
Dec 16, 2016
Sold by
Kemper Ryan P and Kemper Chelsea
Bought by
Park Hyelee and Nang Kevin
Seller's Agent
Renee Desjardin
Temporary Inactive Users
Buyer's Agent
Tonya Kersjes
List Price
$199,900
Sold Price
$194,000
Premium/Discount to List
-$5,900
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$155,200
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2013
Sold by
Hoot Raymond T and Hoot Rita L
Bought by
Kemper Ryan P and Kemper Chelsea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2012
Closed on
Nov 2, 2012
Sold by
Morris Gerald
Bought by
Hoot Raymond T
Seller's Agent
Glenn Silvenis
RE/MAX Crossroads III
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$168,000
Sold Price
$150,000
Premium/Discount to List
-$18,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$147,283
Interest Rate
3.28%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2008
Sold by
Tolzdorf Susan and Kinnick Susan G
Bought by
Morris Gerald
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
Hoefer Michael -- None Listed On Document
Hoefer Michael $335,000 None Listed On Document
Lee Hee Young $150,000 Liberty Title
Park Hyelee $194,000 None Available
Kemper Ryan P $154,000 Capital Title Insurance Agen
Hoot Raymond T $150,000 Capital Title Insurance Agen
Morris Gerald $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Hee-Ypung $150,000
Previous Owner Lee Hee Young $80,000
Previous Owner Park Hyelee $155,200
Previous Owner Kemper Ryan P $123,200
Previous Owner Hoot Raymond T $147,283
Previous Owner Kinnick Susan G $172,000
Previous Owner Kinnick Susan G $11,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $335,000 +4.7% $136 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $320,000 +64.9% $130 / Sq Ft
12/16/2016 12/16/16 Sold $194,000 -3.0% $120 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $199,900 +33.3% $123 / Sq Ft
11/02/2012 11/02/12 Sold $150,000 -10.7% $93 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $168,000 -- $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 -- $151,800 $0 $0
2024 -- $140,200 $0 $0
2023 $2,900 $117,600 $0 $0
2022 $2,768 $103,700 $0 $0
2021 $4,718 $100,400 $0 $0
2020 $4,630 $96,400 $0 $0
2019 $1,973 $92,400 $92,400 $0
2018 $0 $90,700 $0 $0
2017 $4,053 $90,500 $0 $0
2016 $3,508 $74,185 $0 $0
2015 $4,763 $73,964 $0 $0
2014 $4,763 $67,700 $0 $0
2013 -- $67,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23129310

Southwestern Michigan Association of REALTORS®

APN: 11-22-304-034