NOT LISTED FOR SALE

8038 Colonial Ln Unit 6 Ypsilanti, MI 48198

Estimated Value: $187,000 - $232,000

2 Beds
2.5 Baths
1,344 Sq Ft
$252/mo HOA Fee

Last Sold February 28, 2014

Last sale price $89,900 $67 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,589/month

51 Days on Market

Highlights

  • Vaulted Ceiling
  • Attached Garage
  • Ceramic Tile Flooring
  • Porch
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of February 2014

Easy living ready for new owners! Efficient 2 bedroom, 2 1/2 bath condo with lots of updates including: flooring, paint, fixtures, stove, microwave and door walls. Open bar style eating area, vaulted ceiling in master along with walk in closet, master bath and gas fireplace in living area for just some of the amenities. Finished daylight basement family room and 1.5 car attached garage to boot. Possible 3rd full bath to be finished in basement. End unit that backs up to woods. Low association fee includes water. Great price!, Primary Bath

Last Listed By

Jeff Klink

The Charles Reinhart Company License #6506046861 Listed on: 12/28/2013

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

HOA Fees

  • $252 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Attached Garage
  • Garage Door Opener

Schools

  • Willow Run Elementary And Middle School
  • Willow Run High School

Utilities

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

Additional Features

  • Porch
  • Property fronts a private road

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1992
  • ResoPropertyType: Residential
  • Garage Type Attached: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Garage Door Opener, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight, Full
  • LivingArea: 1344.0
  • Basement Rooms:Basement Finished SQFT: 250.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 250.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Porch(es)
  • List Price: 89900.0
  • Road Frontage Type: Private Road
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 252.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 252.0
  • Association Info:Assoc Fee Payable: Monthly

Schools

  • Elementary School: Willow Run
  • High School: Willow Run
  • Middle/Junior School: Willow Run

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2845.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2013
Closed on
Feb 28, 2014
Sold by
Kral Krystin and Engelter Krystin
Bought by
Mihalik Nancy
Seller's Agent
Jeff Klink
The Charles Reinhart Company
Buyer's Agent
Nancy Bowerbank
The Charles Reinhart Company
List Price
$89,900
Sold Price
$89,900
Total Days on Market
51
Current Estimated Value
$208,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,687
Avg. Annual Appreciation
7.74%
Original Mortgage
$50,000
Outstanding Balance
$16,243
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$191,245

Purchase Details

Closed on
Sep 28, 2009
Sold by
Hsbc Mortgage Services Inc
Bought by
Engelter Krystin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2009
Sold by
Parin Brian
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Aug 18, 2003
Sold by
Workman Kathleen
Bought by
Parin Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1998
Sold by
Moyer Chris
Bought by
Workman Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,050
Interest Rate
7.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1995
Sold by
Iversen Sharon
Bought by
Moyer Chris

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
Mihalik Nancy $89,900 None Available
Hsbc Mortgage Services Inc $40,950 None Available
Parin Brian $149,000 --
Workman Kathleen $105,000 --
Moyer Chris $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mihalik Nancy $50,000
Previous Owner Engelter Krystin $63,822
Previous Owner Parin Brian $39,250
Previous Owner Parin Brian $157,000
Previous Owner Parin Brian $146,500
Previous Owner Workman Kathleen $94,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $89,900 0.0% $67 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
12/28/2013 12/28/13 For Sale $89,900 -- $67 / 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
2024 $2,104 $112,700 $0 $0
2023 $3,264 $100,700 $0 $0
2022 $3,107 $91,900 $0 $0
2021 $3,019 $86,300 $0 $0
2020 $2,985 $84,700 $0 $0
2019 $2,907 $72,200 $72,200 $0
2018 $2,611 $60,400 $4,000 $56,400
2017 $2,479 $58,600 $0 $0
2016 $1,964 $59,900 $0 $0
2015 $2,128 $60,100 $0 $0
2014 $2,128 $50,900 $0 $0
2013 -- $50,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 42264

Southwestern Michigan Association of REALTORS®

APN: 10-34-351-006