NOT LISTED FOR SALE

5724 Wellesley Ln Unit 98 Ypsilanti, MI 48197

Estimated Value: $269,672 - $302,000

2 Beds
2.5 Baths
1,316 Sq Ft
$250/mo HOA Fee

Last Sold June 06, 2018

Last sale price $218,000 $166 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,087/month

7 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Huron High School Rated A+
  • Sauna
  • Home Gym

About This Home

As of June 2018

This 1316 sq.ft., 2 story condo in the highly sought after Wellesley Gardens community is move in ready and waiting for you. Enjoy the 2 bedroom suites, each with a full bathroom and ample closet space in the upper level, along with a fantastic open floor plan on the main level with a 1/2 bathroom, a nice sized kitchen with breakfast bar opening to the dining and living area with a cozy gas fireplace. All this and a beautiful private patio, one car attached garage, and your own private access to the Wellesley Gardens fitness center. The home has been freshly painted throughout and ready to go. Low township taxes, minutes from I-94 and US-23 and within 15 minutes of the medical, north, and central campuses of the University of Michigan. This one won't last., Primary Bath

Last Agent to Sell the Property

Timothy Powell

The Charles Reinhart Company License #6506046764 Listed on: 04/06/2018

The Charles Reinhart Company

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 2004

Lot Details

  • 871

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Window Treatments
  • Living Room
  • Home Gym

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Patio
  • Private Entrance

Community Details

Overview

  • Association fees include water, trash, snow removal, lawn/yard care

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,213

Year Built

Built in 2004

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1316.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 2213.0
  • Tax Info:Zoning3: R-3
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 1316.0
  • Laundry Features Main Level: Yes
  • General Property Info Elementary School2: Carpenter Elementary School
  • General Property Info High School: Huron High School
  • General Property Info Middle School2: Scarlett Middle School
  • General Property Info Garage YN: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Garage Door Opener
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab
  • LivingArea: 1316.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 218100.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 250.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 517-545-3900 jodis@
  • Assoc Amenities:Club House: Yes
  • Assoc Amenities:Fitness Center: Yes
  • Assoc Amenities:Pool: Yes
  • Assoc Amenities:SpaHot Tub: Yes
  • Assoc Amenities:Sauna2: Yes

Fee Information

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

Schools

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

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 858.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2213.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
May 10, 2018
Sold by
Kohil Ankit
Bought by
Wang Min
Seller's Agent
Timothy Powell
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$209,900
Sold Price
$218,000
Premium/Discount to List
$8,100
3.86%
Current Estimated Value
$280,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,418
Avg. Annual Appreciation
3.49%
Original Mortgage
$1,696,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2018
Closed on
Apr 30, 2018
Sold by
Kohli Sudhir Kumar
Bought by
Kohli Ankit
Seller's Agent
Timothy Powell
The Charles Reinhart Company
Buyer's Agent
No Member
Non Member Sales
List Price
$209,900
Sold Price
$218,000
Premium/Discount to List
$8,100
3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,696,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2008
Sold by
Kohli Sudhir Kumar
Bought by
Kohli Ankit and Kohli Sudhir Kohar

Purchase Details

Closed on
Dec 31, 2004
Sold by
Wellesley Building Co Llc
Bought by
Kohli Sudhir K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
5.25%
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Wang Min $218,100 Liberty Title
Kohli Ankit -- Liberty Title
Kohli Ankit -- None Available
Kohli Sudhir K $184,900 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 Wang Min $1,696,000
Previous Owner Kohli Sudhir K $147,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2018 06/06/18 Sold $218,000 +3.9% $166 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $209,900 -- $159 / 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 $4,202 $124,839 $0 $0
2024 $2,810 $120,010 $0 $0
2023 $2,700 $111,400 $0 $0
2022 $4,071 $104,300 $0 $0
2021 $3,959 $103,700 $0 $0
2020 $3,879 $101,100 $0 $0
2019 $3,660 $93,100 $93,100 $0
2018 $2,300 $86,300 $0 $0
2017 $2,213 $84,700 $0 $0
2016 $1,426 $56,072 $0 $0
2015 -- $55,905 $0 $0
2014 -- $54,159 $0 $0
2013 -- $54,159 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23123521

Southwestern Michigan Association of REALTORS®

APN: 12-23-360-098