NOT LISTED FOR SALE

7531 Merritt Rd Ypsilanti, MI 48197

Estimated Value: $397,000 - $543,000

3 Beds
2.5 Baths
2,324 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 13, 2013

Last sale price $195,500 $84 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,657/month

23 Days on Market

Highlights

  • Above Ground Pool
  • Colonial Architecture
  • Wooded Lot
  • 1.21 Acre Lot
  • Deck
  • No HOA

About This Home

As of August 2013

BEAUTIFUL MOVE IN READY COLONIAL ON OVER AN ACRE! HOME FEATURES OPEN FLOOR PLAN WITH 1ST FLR MASTER SUITE. LG FORMAL DINING RM WHICH OPENS TO LARGE DECK OVERLOOKING BEAUTIFULLY MAINTAINED GROUND & POOL IS READY FOR SUMMERTIME FUN! UPSTAIRS HAS 2 LG BDRMS + LOFT FOR ADDED LIVING SPACE. TONS OF STORAGE IN CRAWL SPACE, ACCESS THROUGH GARAGE. COUNTRY FEEL YET CLOSE TO EVERYTHING. 1 YR HOME WARRANTY INCLDED!

Last Agent to Sell the Property

Jeff Glover

KW Professionals License #6501317808 Listed on: 05/29/2013

KW Professionals

Co-Listed By

Kristy Glover

KW Professionals License #6501359948

Last Buyer's Agent

Betty Rudy

Dwellings Michigan License #6501071201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 1.21 Acre Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Construction Material

Interior Spaces

  • 2,324 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number K01128400006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,152

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Security Alarm (owned)
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2324
  • Total Sq Ft: 2324

Exterior Features

  • Pool: Yes
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Pool - Above Ground
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s), Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • 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: 156942.0000
  • Lot Features: Irregular, Wooded
  • Lot Size Area: 1.21
  • Lot Dimensions: 1.21 ACRES
  • Parcel Number: K01128400006

Tax Info

  • Tax Amount Summer: 2031.0000
  • Tax Amount Winter: 1121.0000
  • Total Tax: 3152.0000

MLS Schools

  • School District: Lincoln Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Aug 12, 2013
Sold by
Rex Frank W and Rex Wanda J
Bought by
Saenz Leonard and Saenz Elizabeth
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Betty Rudy
Dwellings Michigan
List Price
$189,900
Sold Price
$195,500
Premium/Discount to List
$5,600
2.95%
Current Estimated Value
$452,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,131
Avg. Annual Appreciation
7.12%
Original Mortgage
$156,400
Outstanding Balance
$116,956
Interest Rate
4.53%
Mortgage Type
New Conventional
Estimated Equity
$335,675

Purchase Details

Closed on
Mar 27, 1997
Sold by
Herring David B
Bought by
Rex Frank W and Rex Wanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.5%
Mortgage Type
New Conventional
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
Saenz Leonard $195,500 None Available
Rex Frank W $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saenz Leonard $156,400
Previous Owner Rex Frank W $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2013 08/13/13 Sold $195,500 +2.9% $84 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $189,900 -- $82 / 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 -- $196,300 $0 $0
2024 $3,413 $206,000 $0 $0
2023 $3,069 $186,700 $0 $0
2022 $2,929 $172,500 $0 $0
2021 $4,656 $142,300 $0 $0
2020 $4,594 $131,200 $0 $0
2019 $1,865 $127,800 $127,800 $0
2018 $0 $101,400 $0 $0
2017 $4,183 $98,900 $0 $0
2016 $2,589 $88,962 $0 $0
2015 $3,963 $88,696 $0 $0
2014 $3,963 $77,595 $0 $0
2013 -- $77,595 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Glover

    Seller's Agent in 2013

    Jeff Glover

    KW Professionals

    (855) 533-3735

    15 in this area

    2,292 Total Sales

    Jeff Glover
    Section Image

  • K

    Seller Co-Listing Agent in 2013

    Kristy Glover

    KW Professionals

    Section Image

  • B

    Buyer's Agent in 2013

    Betty Rudy

    Dwellings Michigan

See All Agents

Map

Source: Realcomp

MLS Number: 213051242

Realcomp

APN: 11-28-400-006

Michigan Washtenaw County Ypsilanti 48197

7531 Merritt Rd, Ypsilanti, MI

This home is located at 7531 Merritt Rd, Ypsilanti, MI 48197 since 29 May 2013 and is currently estimated at $452,631, approximately $194 per square foot. This property was built in 1997. 7531 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.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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