7375 Merritt Rd Ypsilanti, MI 48197
Estimated Value: $416,000 - $600,000
5
Beds
3
Baths
3,610
Sq Ft
$143/Sq Ft
Est. Value
About This Home
This home is located at 7375 Merritt Rd, Ypsilanti, MI 48197 and is currently estimated at $514,460, approximately $142 per square foot. 7375 Merritt Rd is a home located in Washtenaw County with nearby schools including Lincoln Senior High School, East Arbor Charter Academy, and Arbor Preparatory High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 16, 1997
Sold by
Lincoln Elmer
Bought by
Sherman Kevin M Allen and Sherman Terri
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Outstanding Balance
$22,187
Interest Rate
7.93%
Mortgage Type
New Conventional
Estimated Equity
$492,273
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sherman Kevin M Allen | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sherman Kevin M Allen | $171,000 |
Source: Public Records
Tax History Compared to Growth
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 | -- | $230,000 | $0 | $0 |
| 2024 | -- | $209,900 | $0 | $0 |
| 2023 | -- | $194,000 | $0 | $0 |
| 2022 | $0 | $180,900 | $0 | $0 |
| 2021 | $5,752 | $157,500 | $0 | $0 |
| 2020 | $5,752 | $149,400 | $0 | $0 |
| 2019 | $5,752 | $146,500 | $146,500 | $0 |
| 2018 | $0 | $144,400 | $0 | $0 |
| 2017 | $5,768 | $144,800 | $0 | $0 |
| 2016 | $3,570 | $122,662 | $0 | $0 |
| 2015 | $5,464 | $122,296 | $0 | $0 |
| 2014 | $5,464 | $118,476 | $0 | $0 |
| 2013 | -- | $118,476 | $0 | $0 |
Source: Public Records
Map
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