NOT LISTED FOR SALE

8041 Colonial Ln Unit 3 Ypsilanti, MI 48198

Estimated Value: $214,000 - $233,000

2 Beds
2.5 Baths
1,394 Sq Ft
$312/mo HOA Fee

Last Sold November 09, 2020

Last sale price $170,000 $122 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,779/month

38 Days on Market

Highlights

  • Colonial Architecture
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Deck
  • 1 Car Attached Garage
  • Home Security System

About This Home

As of November 2020

Immediate occupancy on this attractive two bedroom, two and a half bath condo, located on a quiet court with large deck overlooking nice green space. Newer appliances, laminate flooring, updated kitchen with tile backsplash, granite counters, Vivint home security system and newer mechanicals. Partially finished basement offers additional living space and great storage. This unit also offers an attached garage. Great location, easy access to expressways, University of Michigan, the hospitals and shopping. Call today!

Last Listed By

La Tanya Keith

Keller Williams Ann Arbor License #6502101577 Listed on: 09/24/2020

Keller Williams Ann Arbor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,658

Year Built

  • Built in 1992

Lot Details

  • 784

HOA Fees

  • $312 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Property fronts a private road

Community Details

  • Association fees include water, trash, snow removal, lawn/yard care

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,658

Year Built

Built in 1992

Lot Details

0

HOA Fees

$312 per month

Parking

1

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: Ceiling Fans, Ceramic Floor, Garage Door Opener, Laminate Floor, Security System, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Slab, Full
  • LivingArea: 1394.0
  • Basement Rooms:Basement Finished SQFT: 300.0
  • Basement Rooms:Total Basement SQFT: 500.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 300.0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Deck(s)
  • List Price: 174900.0
  • Road Frontage Type: Private Road
  • Exterior Features:Deck(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage Type:_one_: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 312.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 312.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 734-677-2727

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Lawn/Yard Care

Lot Info

  • Zoning Description: P-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2658.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 2, 2020
Sold by
Sheard Caple Britiany
Bought by
Wolf Jackilyn
Seller's Agent
La Tanya Keith
Keller Williams Ann Arbor
Buyer's Agent
Erin Cicero
Howard Hanna RE Services
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%
Total Days on Market
38
Current Estimated Value
$225,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,944
Avg. Annual Appreciation
6.50%
Original Mortgage
$164,900
Outstanding Balance
$148,402
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$77,542

Purchase Details

Listed on
Jan 26, 2015
Closed on
Apr 13, 2015
Sold by
Leach Jennifer
Bought by
Sheard Caple Britiany
Seller's Agent
Laura Ford
Real Estate One
Buyer's Agent
Patricia Edwards
The Charles Reinhart Company
List Price
$100,000
Sold Price
$92,000
Premium/Discount to List
-$8,000
-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
11.63%
Original Mortgage
$92,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 19, 2012
Closed on
Jan 11, 2013
Sold by
Teehan Tiffany A
Bought by
Leach Jennifer
Seller's Agent
Greg Drake
Realty Experts LLC
Buyer's Agent
Laurie Buys
The Charles Reinhart Company
List Price
$72,900
Sold Price
$70,000
Premium/Discount to List
-$2,900
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Original Mortgage
$68,732
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Teehan Tiffany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,668
Interest Rate
5.22%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2008
Sold by
Countrywide Home Loans Servicing Lp
Bought by
Hud

Purchase Details

Closed on
Aug 2, 2007
Sold by
Connors Solimar M and Connors Matthew H
Bought by
Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jul 3, 2002
Sold by
Vermett Elizabeth
Bought by
Connors Matthew H

Purchase Details

Closed on
Mar 2, 1999
Sold by
Sohn B J Aka

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
Wolf Jackilyn $170,000 State Street Title Agcy Llc
Sheard Caple Britiany $92,000 None Available
Leach Jennifer $70,000 Liberty Title
Teehan Tiffany A $44,000 None Available
Hud -- None Available
Countrywide Home Loans Servicing Lp $146,745 None Available
Connors Matthew H $145,000 --
-- $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Jackilyn $164,900
Previous Owner Sheard Caple Britiany $92,000
Previous Owner Leach Jennifer $68,732
Previous Owner Teehan Tiffany A $44,668
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $170,000 -2.8% $122 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $174,900 +90.1% $125 / Sq Ft
04/14/2015 04/14/15 Sold $92,000 -8.0% $62 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $100,000 +42.9% $67 / Sq Ft
01/11/2013 01/11/13 Sold $70,000 -4.0% $50 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $72,900 -- $52 / 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 $2,566 $100,700 $0 $0
2023 $2,973 $90,200 $0 $0
2022 $3,786 $82,300 $0 $0
2021 $3,679 $77,200 $0 $0
2020 $2,676 $75,800 $0 $0
2019 $2,605 $64,900 $64,900 $0
2018 $2,340 $53,900 $4,000 $49,900
2017 $2,223 $52,500 $0 $0
2016 $1,757 $53,600 $0 $0
2015 $2,013 $49,682 $0 $0
2014 $2,013 $47,700 $0 $0
2013 -- $47,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 52133

Southwestern Michigan Association of REALTORS®

APN: 10-34-351-003