NOT LISTED FOR SALE

8042 Colonial Ln Unit 5 Ypsilanti, MI 48198

Estimated Value: $225,127 - $240,000

2 Beds
1.5 Baths
1,172 Sq Ft
$271/mo HOA Fee

Last Sold February 28, 2020

Last sale price $152,000 $130 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,862/month

37 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Area or Nook
  • Vaulted Ceiling
  • End Unit
  • Porch

About This Home

As of February 2020

Move-in ready! Private location on this well-maintained condo with many upgrades! Enjoy the kitchen with upgraded cherry cabinets, granite countertops and stainless-steel appliances, and Slate flooring. New hardwood flooring on the main level. 2 spacious bedrooms with access from the master to the main bath. New Anderson door wall. Relax on the 2-tiered private deck and enjoy watching wildlife right from the comfort of home. Basement has been pre-plumbed for future bath, and has an egress window, additional finished living space about 200 sq. ft. New roofs in 2014, new trim and exterior painting in 2016., Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Debra Leutheuser

Howard Hanna Real Estate License #6501266183 Listed on: 01/22/2020

Howard Hanna Real Estate

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 1992

Lot Details

  • Property fronts a private road
  • End Unit
  • Private Entrance

HOA Fees

  • $271 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • Ypsilanti Elementary And Middle School
  • Ypsilanti High School

Utilities

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

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,583

Year Built

Built in 1992

Lot Details

0

HOA Fees

$271 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1992
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1172.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2583.39
  • Tax Info:Zoning3: RES
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Additional Items:Wood Floor: Yes
  • General Property Info:Entry Type: Private
  • General Property Info:SqFt Above Grade: 972.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vinyl Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Sump Pump: Yes
  • Additional Items:Basement Finished: Yes
  • General Property Info Elementary School2: Ypsilanti
  • General Property Info High School: Ypsilanti
  • General Property Info Middle School2: Ypsilanti
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Garage Door Opener, Wood Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1172.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 200.0
  • Basement Rooms:Total Basement SQFT: 220.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes
  • Additional Items:Basement Plumbed for Bath: Yes
  • Below Grade Sq Ft: 200.0

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Vinyl Siding
  • Exterior Features: Porch(es), Deck(s)
  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Road Frontage Type: Private Road
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): 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
  • Garage:Additional Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 271.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 271.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 734-677-3872
  • Assoc Amenities:End Unit: Yes

Fee Information

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

Schools

  • Elementary School: Ypsilanti
  • High School: Ypsilanti
  • Middle/Junior School: Ypsilanti

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2583.39
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Vargas Kristin
Bought by
Bouma Kyesha
Total Days on Market
37
Current Estimated Value
$226,965

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 27, 2020
Sold by
Nielson Sarah
Bought by
Vargas Kristin
Seller's Agent
Debra Leutheuser
Howard Hanna Real Estate
Buyer's Agent
No Member
Non Member Sales
List Price
$149,900
Sold Price
$152,000
Premium/Discount to List
$2,100
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$144,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2017
Sold by
Bollman Anna
Bought by
Nielson Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,310
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1999
Sold by
Porter Sharon
Bought by
Bollman Anna

Purchase Details

Closed on
Apr 28, 1995
Sold by
Wright David M
Bought by
Buecken Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
9.25%
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
Bouma Kyesha $185,000 None Available
Vargas Kristin $152,000 None Available
Nielson Sarah $125,000 None Available
Bollman Anna $123,000 --
Buecken Linda R $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Kristin $144,400
Previous Owner Nielson Sarah $119,310
Previous Owner Bollman Anna $22,232
Previous Owner Buecken Linda R $78,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $152,000 +1.4% $130 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $149,900 -- $128 / 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
2025 $4,052 $114,800 $0 $0
2024 $2,622 $99,800 $0 $0
2023 $3,039 $89,300 $0 $0
2022 $3,869 $81,500 $0 $0
2021 $3,646 $76,500 $0 $0
2020 $2,721 $75,000 $0 $0
2019 $2,649 $64,200 $64,200 $0
2018 $2,379 $54,500 $4,000 $50,500
2017 $2,186 $52,200 $0 $0
2016 $1,677 $51,145 $0 $0
2015 $2,066 $50,993 $0 $0
2014 $2,066 $49,400 $0 $0
2013 -- $49,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23086602

Southwestern Michigan Association of REALTORS®

APN: 10-34-351-005