NOT LISTED FOR SALE

Estimated Value: $211,000 - $248,000

2 Beds
1 Bath
900 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $128,000 $142 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,518/month

27 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • 5-minute walk to Prospect Park

About This Home

As of July 2017

Welcome Home! This cute 2 bedroom 1 bath ranch home is located in the Palma Subdivision within the City of Ypsilanti. This house offers a spacious living room are with a wood burning fire place a tons of natural light. The formal dining room has beautiful hardwood floors. The updated kitchen has beautiful oak cabinets and a new stove. Each room has beautiful oak door. Freshly painted throughout the main floor with new carpet in some of the rooms. The basement is finished with a large amount of storage space, and work bench area, and an area that can be used or entertainment. There is a one car garage that provides additional storage and work area. This house is walking distance for the local park, school, and the Historic Depot Town. Minutes away from Downtown Ypsilanti and East Eastern Michigan University. Move in ready. This house is a true gem. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Martha Townsend

Realty Experts LLC License #6501356903 Listed on: 05/17/2017

Last Buyer's Agent

Tyler Weston

Real Estate One Inc License #6501366303

Real Estate One Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Ypsilanti Community Middle School
  • Ypsilanti Community High School

Utilities

  • Forced Air Heating and Cooling System
  • 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

Est. Annual Taxes

$2,850

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 900.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2849.68
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 900.0
  • Additional Items:Sump Pump: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Ypsilanti Community Middle School
  • General Property Info High School: Ypsilanti Community High School
  • General Property Info Middle School2: Ypsilanti Community Middle School
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Fencing:Fenced Back: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Full
  • LivingArea: 900.0
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 132900.0
  • Lot Features: Sidewalk
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.0
  • Zoning Description: RES

Tax Info

  • Tax Annual Amount: 2849.68
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
Jul 1, 2017
Sold by
Fannie Mae
Bought by
Sexton Mary
Seller's Agent
Martha Townsend
Realty Experts LLC
Buyer's Agent
Tyler Weston
Real Estate One Inc
List Price
$132,000
Sold Price
$128,000
Premium/Discount to List
-$4,000
-3.03%
Current Estimated Value
$226,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,849
Avg. Annual Appreciation
7.26%
Original Mortgage
$102,400
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2016
Sold by
Stenzel Martin P
Bought by
Federal National Mortgage Asset

Purchase Details

Listed on
Jul 29, 2015
Closed on
Sep 25, 2015
Sold by
Schlicht Patricia
Bought by
Stenzel Martin P
Seller's Agent
Jeanine Bartholomay
Lifetime Member Office
Buyer's Agent
Christine Faeth
Howard Hanna Real Estate
List Price
$112,900
Sold Price
$112,000
Premium/Discount to List
-$900
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$106,400
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sexton Mary $128,000 First Title & Escrow
Federal National Mortgage Asset -- None Available
Stenzel Martin P $112,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sexton Mary $154,000
Closed Sexton Mary $153,900
Closed Sexton Mary $102,400
Previous Owner Stenzel Martin P $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $128,000 -3.0% $142 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $132,000 +17.9% $147 / Sq Ft
09/25/2015 09/25/15 Sold $112,000 -0.8% $83 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $112,900 -- $84 / 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 $3,506 $94,000 $0 $0
2024 $3,506 $88,200 $0 $0
2023 $3,296 $78,100 $0 $0
2022 $3,485 $70,300 $0 $0
2021 $4,352 $64,800 $0 $0
2020 $4,450 $60,800 $0 $0
2019 $4,295 $49,900 $49,900 $0
2018 $4,022 $47,600 $0 $0
2017 $3,297 $45,400 $0 $0
2016 $2,850 $41,700 $0 $0
2015 -- $33,444 $0 $0
2014 -- $32,400 $0 $0
2013 -- $32,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23117191

Southwestern Michigan Association of REALTORS®

APN: 11-03-328-018