NOT LISTED FOR SALE

8538 Spinnaker Way Unit 25 Ypsilanti, MI 48197

Estimated Value: $149,000 - $197,901

3 Beds
1.5 Baths
1,211 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $163,000 $135 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,221/month

5 Days on Market

Highlights

  • End Unit
  • Porch
  • Dogs and Cats Allowed
  • Ground Level Unit
  • Forced Air Heating System
  • Fenced

About This Home

As of October 2023

Come check out this newly remodeled 3 bedroom 2 bath corner lot Condo in Schooner Cove of Ypsilanti. Perfectly located close to the lake and easy access to 94 as well close to all convenient stores. Basement has a full operating studio, Fenced in yard with complete privacy for your family outings and pets.

Last Agent to Sell the Property

Ahmed Farha

Resource Realty Group License #6501444053 Listed on: 08/26/2023

Last Buyer's Agent

Madyson Gee

Milestone Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • Fenced

HOA Fees

  • $76 Monthly HOA Fees

Parking

  • 2 Parking Garage Spaces

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,211 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number K01122170025

Community Details

Overview

  • Mckinley.Com Association, Phone Number (734) 485-8666
  • The Ports Of Schooner Cove Condo Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,459

Year Built

Built in 1975

Lot Details

0

HOA Fees

$76 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Townhouse
  • Architecture Level: 3 Story
  • Year Built: 1975
  • State Equalized Value: 48400.0000
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1747
  • Sq Ft Lower Floor: 536
  • Total Sq Ft: 1211
  • Sq Ft Total Bsmt: 536

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 2+ Assigned Spaces

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Phone: 7344858666
  • Association Fee: 229
  • Association Contact: mckinley.com
  • Association Fee: Yes

Schools

  • School District: Lincoln Consolidated

Lot Info

  • Homestead: Yes
  • Parcel Number: K01122170025

Tax Info

  • Tax Amount Summer: 1029.2100
  • Tax Amount Winter: 430.2900
  • Total Tax: 1459.0000
  • Taxable Value: 22255.0000

MLS Schools

  • School District: Lincoln Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
Oct 5, 2023
Sold by
Kasham Heyam
Bought by
Black Chauna
Seller's Agent
Ahmed Farha
Resource Realty Group
Buyer's Agent
Madyson Gee
Milestone Realty
List Price
$179,900
Sold Price
$163,000
Premium/Discount to List
-$16,900
-9.39%
Views
74
Current Estimated Value
$181,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,725
Avg. Annual Appreciation
4.78%
Original Mortgage
$158,110
Outstanding Balance
$155,431
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$23,279

Purchase Details

Closed on
Nov 4, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Kasham Heyam

Purchase Details

Closed on
Mar 14, 2011
Sold by
U S Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 10, 2011
Sold by
Aurora Loan Services Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 14, 2010
Sold by
Saffold Johnetta M
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 24, 2003
Sold by
Shearlock Cheryl A and Wilson Cheryl Ann
Bought by
Saffold Johnetta M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,210
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 1996
Sold by
Maduko Godwin A
Bought by
Wilson Cheryl Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.24%
Mortgage Type
New Conventional
Source: Public Records

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
Black Chauna $163,000 State Street Title
Kasham Heyam $22,000 None Available
Secretary Of Housing & Urban Development -- None Available
U S Bank National Association -- None Available
Aurora Loan Services Llc $176,282 None Available
Saffold Johnetta M $124,000 --
Wilson Cheryl Ann $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Chauna $158,110
Closed Black Chauna $10,000
Previous Owner Saffold Johnetta M $121,210
Previous Owner Wilson Cheryl Ann $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $163,000 -9.4% $135 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/26/2023 08/26/23 For Sale $179,900 -- $149 / 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 -- $77,600 $0 $0
2024 $2,216 $74,700 $0 $0
2023 -- $56,600 $0 $0
2022 $0 $48,400 $0 $0
2021 $1,286 $47,000 $0 $0
2020 $1,286 $40,800 $0 $0
2019 $1,286 $32,100 $32,100 $0
2018 $0 $33,500 $0 $0
2017 $1,292 $32,600 $0 $0
2016 $935 $19,769 $0 $0
2015 $881 $19,710 $0 $0
2014 $881 $26,100 $0 $0
2013 -- $26,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Ahmed Farha

    Resource Realty Group

    Section Image

  • M

    Buyer's Agent in 2023

    Madyson Gee

    Milestone Realty

    (269) 910-4551

    1 in this area

    12 Total Sales

    Madyson Gee
    Section Image
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Map

Source: Realcomp

MLS Number: 20230072146

Realcomp

APN: 11-22-170-025

Michigan Washtenaw County Ypsilanti 48197

8538 Spinnaker Way Unit 25, Ypsilanti, MI

This home is located at 8538 Spinnaker Way Unit 25, Ypsilanti, MI 48197 since 26 August 2023 and is currently estimated at $181,725, approximately $150 per square foot. This property was built in 1975. 8538 Spinnaker Way Unit 25 is a home located in Washtenaw County with nearby schools including Lincoln Senior High School, East Arbor Charter Academy, and Arbor Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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