NOT LISTED FOR SALE

7111 Mckean Rd Ypsilanti, MI 48197

Estimated Value: $266,000 - $293,000

4 Beds
2 Baths
1,575 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $160,000 $102 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,807/month

106 Days on Market

Highlights

  • 2.5 Acre Lot
  • Ranch Style House
  • No HOA
  • Wooded Lot
  • Pole Barn
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Welcome home to this spacious four bedroom, two full bathroom ranch on a huge two and one half acre lot. This home features refinished hardwood floors in the living room and newer carpet in the bedrooms and large family room. Outside you have all the space you need as well as a barn to use. This home is located in the country yet has city water and it is just minutes from freeway access. Full of character and charm this is the home you have been looking for.

Last Agent to Sell the Property

Jason Miller

RE/MAX Home Sale Services License #6501277398 Listed on: 09/05/2019

RE/MAX Home Sale Services

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Remodeled in 2015

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 150x725x150x725
  • Wooded Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,575 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Free-Standing Electric Range
  • ENERGY STAR Qualified Refrigerator

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Pole Barn
  • Ground Level

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number K01136100007
  • $2,214 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,581

Year Built

Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 9999
  • State Equalized Value: 53200.0000
  • Year Renovated: 2015
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dryer, Free-Standing Electric Range, ENERGY STAR® qualified refrigerator, Washer
  • Sq Ft Combined: 1575
  • Total Sq Ft: 1575

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 150
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lincoln Consolidated

Lot Info

  • Homestead: Yes
  • List Price per Acre: 66000.0000
  • Lot Features: Wooded
  • Lot Size Area: 2.50
  • Lot Dimensions: 150X725X150X725
  • Parcel Number: K01136100007

Tax Info

  • Tax Amount Summer: 1510.0000
  • Tax Amount Winter: 1071.0000
  • Total Tax: 2581.0000
  • Taxable Value: 52641.0000

MLS Schools

  • School District: Lincoln Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Feb 24, 2020
Sold by
Parsons Andrew
Bought by
Ormsby Kevin A
Seller's Agent
Jason Miller
RE/MAX Home Sale Services
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$280,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,618
Avg. Annual Appreciation
9.72%
Original Mortgage
$155,200
Outstanding Balance
$138,294
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$129,239

Purchase Details

Closed on
Aug 16, 2016
Sold by
Parsons George and George Parsons Trust
Bought by
Parsons Andrew

Purchase Details

Closed on
Sep 18, 2015
Sold by
Parsons George and George Parsons Trust
Bought by
Parsons George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2015
Sold by
Wishart Karen
Bought by
George Parsons Trust and Parsons

Purchase Details

Closed on
Mar 31, 2008
Sold by
Garty Ethel
Bought by
Wishart Karen Denise
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ormsby Kevin A $160,000 None Available
Parsons Andrew -- None Available
Parsons George -- None Available
Parsons Andrew $114,000 None Available
George Parsons Trust $306,666 --
Wishart Karen Denise -- None Available
Wishart Karen Denise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ormsby Kevin A $155,200
Previous Owner Parsons Andrew $91,200
Previous Owner Parsons George $43,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $160,000 -3.0% $102 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
10/17/2019 10/17/19 Price Changed $165,000 -5.7% $105 / Sq Ft
09/05/2019 09/05/19 For Sale $175,000 -- $111 / Sq Ft
Source: Realcomp

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 -- $87,100 $0 $0
2024 -- $102,000 $0 $0
2023 -- $79,300 $0 $0
2022 $0 $74,100 $0 $0
2021 $2,396 $84,300 $0 $0
2020 $2,396 $75,900 $0 $0
2019 $1,071 $73,800 $73,800 $0
2018 $0 $53,200 $0 $0
2017 $2,403 $52,300 $0 $0
2016 $1,487 $51,100 $0 $0
2015 $2,057 $46,038 $0 $0
2014 $2,057 $44,600 $0 $0
2013 -- $44,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219091449

Realcomp

APN: 11-36-100-007