NOT LISTED FOR SALE

5702 Wellesley Ln Unit 118 Ypsilanti, MI 48197

Estimated Value: $276,000 - $299,000

2 Beds
2.5 Baths
1,487 Sq Ft
436 Sq Ft Lot

Last Sold January 14, 2016

Last sale price $187,900 $126 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,037/month

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Bathroom on Main Level
  • Huron High School Rated A+
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

WATCH VIDEO ATTACHED - Luxury Ann Arbor condo in a great community filled with lots of young working professionals who enjoy access to their very own 2 million dollar health club that is located in the complex for your use. Rent includes access to the work out equipment, dance studio, pool, sauna and jacuzzi. This Brick and limestone Unit has all new hardwood floors, granite, new Stainless steel applicances, Fireplace and first floor wainscott trim and more! Wow. This community is just a 2 minute drive from the I-94 & US-23 exchange for those commuting and want to cut down on their commute times. What a wonderful unit and complex to live in! This is the largest 2 Bedroom style unit available in the community. Hurry these units do not last long. Please see the attached application. Watch the HD walk through Video in this listing. Preferred move in date July 1 or perhaps sooner.

Last Agent to Rent the Property

Tom Stachler

Real Estate One Inc License #6506012423 Listed on: 06/08/2022

Real Estate One Inc

Last Renter's Agent

Tom Stachler

Real Estate One Inc License #6506012423 Listed on: 06/08/2022

Real Estate One Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,916

Year Built

  • 2004

Lot Details

  • 436

Parking

  • 2 Parking Garage Spaces

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,487 Sq Ft Home
  • 2-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Pool

  • Spa

Schools

  • Carpenter Elementary School
  • Scarlett Middle School
  • Huron High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable/satellite, electricitiy, heat, internet access
  • The owner pays for association fees, lawn/yard care, sewer, snow removal, water

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include lawn/yard care, sewer, snow removal, trash, water

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,916

Year Built

2004

Lot Details

0

Parking

1

Rental Info

  • Owner Pays: Association Fees, Lawn/Yard Care, Sewer, Snow Removal, Water
  • Tenant Pays: Cable/Satellite, Electricitiy, Heat, Internet Access

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential Lease
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • ResoPropertyType: ResidentialLease
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1487.0
  • General Property Info:Design: Colonial
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Pool:OutdoorInground: Yes
  • Air Conditioning:Central Air2: Yes
  • General Property Info:_pound_ of Assigned Spaces: 2.0
  • Other Amenities:Satellite Dish: Yes
  • General Property Info Elementary School2: Carpenter
  • General Property Info High School: Huron
  • General Property Info Middle School2: Scarlett
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Appliances: Hot Tub Spa, Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Washer
  • Accessibility Features: Main Floor Bath
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • LivingArea: 1487.0
  • General Property Info:Stories2: 2.0
  • Appliances Provided:Dishwasher2: Yes
  • Appliances Provided:Disposal2: Yes
  • Appliances Provided:Dryer2: Yes
  • Appliances Provided:Microwave2: Yes
  • Appliances Provided:Refrigerator2: Yes
  • Appliances Provided:Washer2: Yes
  • Access Feat Avail:Main Floor Bath: Yes
  • Appliances Provided:Hot Tub Spa2: Yes

Exterior Features

  • List Price: 1950.0
  • Pool Features: Outdoor/Inground

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Landlord Provides:Association Fees: Yes
  • Pool:Association2: Yes
  • Other Amenities:Sidewalk2: Yes
  • Other Amenities:Cable Hookup: Yes

Fee Information

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

Schools

  • Elementary School: Carpenter
  • High School: Huron
  • Middle/Junior School: Scarlett

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Size Sq Ft: 436.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2016
Sold by
Maxey Tatyana V
Bought by
Tatyana Maxey Llc
Current Estimated Value
$291,261

Purchase Details

Listed on
Jan 6, 2016
Closed on
Jan 14, 2016
Sold by
Townsend Ryan J
Bought by
Maxey Tatyana
Seller's Agent
Tom Stachler
Real Estate One Inc
Buyer's Agent
Tom Stachler
Real Estate One Inc
Sold Price
$1,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%

Purchase Details

Listed on
Jul 16, 2015
Closed on
Jul 14, 2015
Sold by
Smith Riann M
Bought by
Townsend Ryan J
Seller's Agent
Timothy Powell
The Charles Reinhart Company
Buyer's Agent
Timothy Powell
The Charles Reinhart Company
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$168,875
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Wellesley Building Co Llc
Bought by
Palmieri Riann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,720
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 23, 2004
Sold by
Pittsfield Development Group Llc
Bought by
Wellesley Building Co Llc
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
Tatyana Maxey Llc -- None Available
Maxey Tatyana $187,900 Liberty Title
Townsend Ryan J $175,000 --
Palmieri Riann M $32,000 William T Sheahan Title Co
Wellesley Building Co Llc -- William T Sheahan Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Townsend Ryan J $168,875
Previous Owner Palmieri Riann M $172,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Under Contract -- -- --
06/08/2022 06/08/22 For Rent $1,950 0.0% --
06/08/2022 06/08/22 Rented $1,950 +14.7% --
03/26/2021 03/26/21 Rented $1,700 0.0% --
03/26/2021 03/26/21 Under Contract -- -- --
02/12/2021 02/12/21 For Rent $1,700 0.0% --
04/25/2019 04/25/19 Rented $1,700 0.0% --
04/25/2019 04/25/19 Under Contract -- -- --
04/10/2019 04/10/19 For Rent $1,700 +3.0% --
05/22/2017 05/22/17 Rented $1,650 -1.5% --
05/13/2017 05/13/17 Under Contract -- -- --
05/10/2017 05/10/17 For Rent $1,675 +8.4% --
01/22/2016 01/22/16 Rented $1,545 -99.2% --
01/22/2016 01/22/16 Under Contract -- -- --
01/14/2016 01/14/16 Sold $187,900 0.0% $126 / Sq Ft View Prior Sale
01/06/2016 01/06/16 For Rent $1,595 0.0% --
12/30/2015 12/30/15 Pending -- -- --
12/09/2015 12/09/15 For Sale $189,900 +8.5% $128 / Sq Ft
07/21/2015 07/21/15 Sold $175,000 0.0% $118 / Sq Ft View Prior Sale
07/17/2015 07/17/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $175,000 -- $118 / 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 $5,916 $135,059 $0 $0
2024 $3,750 $129,919 $0 $0
2023 $3,577 $120,500 $0 $0
2022 $5,716 $113,000 $0 $0
2021 $5,534 $112,300 $0 $0
2020 $5,349 $109,500 $0 $0
2019 $5,071 $101,100 $101,100 $0
2018 $4,974 $92,600 $0 $0
2017 $4,772 $90,900 $0 $0
2016 $2,190 $86,100 $0 $0
2015 -- $60,139 $0 $0
2014 -- $58,260 $0 $0
2013 -- $58,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 26861

Southwestern Michigan Association of REALTORS®

APN: 12-23-360-118