NOT LISTED FOR SALE

8530 Spinnaker Way Unit 27 Ypsilanti, MI 48197

Estimated Value: $101,000 - $173,000

2 Beds
1.5 Baths
1,744 Sq Ft
$244/mo HOA Fee

Last Sold January 22, 2025

Last sale price $100,000 $57 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,015/month

145 Days on Market

Highlights

  • 1 Car Detached Garage
  • Porch
  • Laundry Room
  • Fireplace
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

This ranch style 2 bedroom, 1.1 bath condo with a fenced yard is truly a rare find. Galley kitchen and dining area. Spacious primary bedroom has a large walk-in closet and direct access to a full bath. Full finished basement has a family room and laundry/mechanical room with plenty of storage. Natural light pours into this bright and sunny corner unit. Sliding glass door to patio. Relax and unwind on the outdoor patio overlooking your own private fenced yard, with grass maintained by the HOA. All this with a fantastic location close to shopping, restaurants, Ford Lake Park, biking and walking trails, and a bus stop across the street. Needs new carpet and paint. Sold as-is.

Last Listed By

Wayne Esch

Real Estate One License #6501313165 Listed on: 12/30/2024

Real Estate One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 1975

Lot Details

  • Private Entrance
  • Back Yard Fenced

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Porch

Location

  • Mineral Rights Excluded

Utilities

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

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, lawn/yard care
  • Association Phone (734) 585-5174
  • The Ports Of Schooner Cove Condos
  • The Ports Of Schooner Cove Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,144

Year Built

Built in 1975

Lot Details

0

HOA Fees

$244 per month

Parking

1

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1975
  • ResoPropertyType: Residential
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1744.0
  • Basement Rooms:Basement Finished SQFT: 700.0
  • Basement Rooms:Total Basement SQFT: 1044.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 700.0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Fencing: Fenced Back
  • List Price: 125000.0
  • Lot Features: Level, Sidewalk
  • Patio and Porch Features: Patio, Porch(es)
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached, Carport
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association Fee: 244.0
  • Association Fee Frequency: Monthly
  • Association Phone: 734-585-5174
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 244.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: Tiffany Davis, AAMI
  • Assoc Amenities:Pets Allowed2: Yes
  • Association Info:Association Phone: 734. 585 .5174

Fee Information

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

Lot Info

  • Lot Dimensions: 0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1144.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Jan 22, 2025
Sold by
Price Jacqueline
Bought by
Recchia Reigis
Seller's Agent
Wayne Esch
Real Estate One
Buyer's Agent
Wayne Esch
Real Estate One
List Price
$145,000
Sold Price
$100,000
Premium/Discount to List
-$45,000
-31.03%
Total Days on Market
145
Views
260
Current Estimated Value
$128,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,340
Avg. Annual Appreciation
123.64%

Purchase Details

Closed on
Aug 15, 2024
Sold by
Washtenaw County
Bought by
Bsj Real Estate Llc and Magrera

Purchase Details

Closed on
Dec 19, 2005
Sold by
Laffey Robert M and Laffey Dorris B
Bought by
Price Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 10, 1995
Sold by
Laffey Robert M
Bought by
Price Jacqueline D

Purchase Details

Closed on
Dec 5, 1994
Sold by
Laffey Steven R
Bought by
Laffey Robert M and Laffey Dorris B

Range of Values:

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Average Value
Not Available
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
Recchia Reigis $100,000 Capital Title
Bsj Real Estate Llc -- None Listed On Document
Price Jacqueline $62,000 Michigan Land Title Agency I
Laffey Robert M $60,000 Michigan Land Title Agency I
Price Jacqueline D -- --
Laffey Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Jacquline $22,000
Previous Owner Price Jacqueline $56,132
Previous Owner Price Jacqueline $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $100,000 -20.0% $57 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/11/2025 01/11/25 Price Changed $125,000 -13.8% $72 / Sq Ft
12/22/2024 12/22/24 For Sale $145,000 0.0% $83 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $145,000 0.0% $83 / Sq Ft
09/24/2024 09/24/24 Off Market $145,000 -- --
08/23/2024 08/23/24 For Sale $145,000 -- $83 / 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 $709 $75,500 $0 $0
2023 -- $56,800 $0 $0
2022 $0 $48,500 $0 $0
2021 $903 $47,100 $0 $0
2020 $903 $41,400 $0 $0
2019 $903 $32,500 $32,500 $0
2018 $0 $32,700 $0 $0
2017 $906 $31,700 $0 $0
2016 $561 $19,259 $0 $0
2015 $858 $19,202 $0 $0
2014 $858 $27,100 $0 $0
2013 -- $27,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24042911

Southwestern Michigan Association of REALTORS®

APN: 11-22-170-027