$95,000
SOLD AUG 5, 2024

8550 Spinnaker Way Ypsilanti, MI 48197

2 Beds
1.5 Baths
1,044 Sq Ft
$219/mo HOA Fee

Recently Sold

$91 Per Sq Ft

21% Below List Price

82 Days on Market

About This Home

As of November 2024

Step into this condo featuring a living room with open bay windows that flood the space with natural light, creating a warm and welcoming ambiance. The kitchen with dining room combo. Two bedrooms, two full bath, and basement for extra space. Enjoy privacy in a fenced backyard for outdoor relaxation. Do not miss out on this unique opportunity.

Last Agent to Sell the Property

Sherri Saad

RE/MAX Leading Edge License #6502418620 Listed on: 05/01/2024

RE/MAX Leading Edge

Last Buyer's Agent

Oraibe Breadiy

Century 21 Affiliated License #6501354881

Century 21 Affiliated

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

HOA Fees

  • $219 Monthly HOA Fees

Home Design

  • 1,044 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number K01122170028

Community Details

Overview

  • Office@Americanmgt.Com Association, Phone Number (734) 585-5174
  • The Ports Of Schooner Cove Condo Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

HOA Fees

$219 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1975
  • State Equalized Value: 56800.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1044
  • Total Sq Ft: 1044
  • Sq Ft Total Bsmt: 1044

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 734-585-5174
  • Association Fee: 219
  • Association Contact: office@americanmgt.com
  • Association Fee: Yes

Schools

  • School District: Lincoln Consolidated

Lot Info

  • Homestead: Yes
  • Parcel Number: K01122170028

Tax Info

  • Taxable Value: 22767.0000

MLS Schools

  • School District: Lincoln Consolidated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 4, 2024
Sold by
Al-Sharafi Raeq and Sharafi Naima
Bought by
Stevens Ryan
Seller's Agent
Oraibe Breadiy
@properties Christie's Int'lAA
Buyer's Agent
Scott Bethune
The Charles Reinhart Company
List Price
$184,999
Sold Price
$176,000
Premium/Discount to List
-$8,999
-4.86%
Views
44
Current Estimated Value
$172,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,166
Avg. Annual Appreciation
0.06%

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 29, 2024
Sold by
Mclp Asset Company Inc
Bought by
Al-Sharafi Raeq and Sharafi Naima
Seller's Agent
Sherri Saad
RE/MAX Leading Edge
Buyer's Agent
Oraibe Breadiy
Century 21 Affiliated
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Views
300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1078.03%

Purchase Details

Closed on
Jan 19, 2023
Sold by
County Of Washtenaw
Bought by
Mclp Asset Company Inc
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $176,000 First American Title
Deed $95,000 None Listed On Document
Sheriffs Deed $146,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $8,609 Unknown
Previous Owner $128,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $176,000 -4.9% $87 / Sq Ft
10/15/2024 10/15/24 Off Market $184,999 -- --
10/02/2024 10/02/24 For Sale $184,999 +94.7% $92 / Sq Ft
08/05/2024 08/05/24 Sold $95,000 -13.6% $91 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $109,900 -8.4% $105 / Sq Ft
05/01/2024 05/01/24 For Sale $120,000 -- $115 / 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 -- $78,400 $0 $0
2024 $1,144 $75,500 $0 $0
2023 $638 $56,800 $0 $0
2022 $609 $48,500 $0 $0
2021 $1,008 $47,100 $0 $0
2020 $994 $41,400 $0 $0
2019 $404 $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

  • Oraibe Breadiy

    Seller's Agent in 2024

    Oraibe Breadiy

    @properties Christie's Int'lAA

    (734) 752-2120

    8 in this area

    19 Total Sales

    Oraibe Breadiy
    Section Image
  • Sherri Saad

    Seller's Agent in 2024

    Sherri Saad

    RE/MAX of Southeast Michigan

    (313) 598-5322

    6 in this area

    552 Total Sales

    Sherri Saad
    Section Image
  • Scott Bethune

    Buyer's Agent in 2024

    Scott Bethune

    The Charles Reinhart Company

    (734) 417-0786

    18 in this area

    118 Total Sales

    Scott Bethune
    Section Image
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Map

Source: Realcomp

MLS Number: 20240021282

Realcomp

APN: 11-22-170-028

Michigan Washtenaw County Ypsilanti 48197

8550 Spinnaker Way, Ypsilanti, MI

This home is located at 8550 Spinnaker Way, Ypsilanti, MI 48197 and is currently priced at $95,000, approximately $90 per square foot. This property was built in 1975. 8550 Spinnaker Way is a home located in Washtenaw County with nearby schools including Lincoln Senior High School, East Arbor Charter Academy, and Arbor Preparatory High School.

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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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