NOT LISTED FOR SALE

8570 Spinnaker Way Ypsilanti, MI 48197

Estimated Value: $143,000 - $179,857

2 Beds
1.5 Baths
1,206 Sq Ft
$205/mo HOA Fee

Last Sold November 23, 2022

Last sale price $121,000 $100 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,194/month

75 Days on Market

Highlights

  • Colonial Architecture
  • Fenced Yard
  • Ceiling Fan
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of November 2022

Spacious 2 bedroom condo in the wonderful Schooner Cove Condominium complex. Front Patio and privacy fence, excellent for entertaining. Carport parking space included. Just behind Ford lake. Close to walking trails and parks. Close to shops and restaurants.

Last Agent to Sell the Property

Brandee Wiseman

The Charles Reinhart Company License #6501391451 Listed on: 08/26/2022

The Charles Reinhart Company

Last Buyer's Agent

Mohammed Kurmasha

MK Capital Group LLC License #6501428704

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1975

Lot Details

  • Fenced Yard

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Colonial Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,206 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Basement

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Lincoln Middle School
  • Lincoln High School

Utilities

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

Community Details

  • Association fees include water, trash, snow removal, lawn/yard care
  • The Ports Of Schooner Cove Condo Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,296

Year Built

Built in 1975

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1975
  • 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: 1206.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Colonial
  • Tax Info:Annual Property Tax: 2296.24
  • Tax Info:Zoning3: RM2
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: THE PORTS OF SCHOONER COVE CONDO
  • Additional Items:Laminate Floor: Yes
  • General Property Info:SqFt Above Grade: 1206.0
  • Additional Items:Carpet Floor: Yes
  • General Property Info High School: Lincoln
  • General Property Info Middle School2: Lincoln
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Ceiling Fans, Laminate Floor, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • LivingArea: 1206.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 558.0
  • Kitchen Features:Eating Area: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding, Vinyl Siding
  • Exterior Features: Fenced Back
  • List Price: 129900.0
  • Lot Features: Sidewalk, Site Condo
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Fenced Back: Yes

Garage/Parking

  • Carport: Yes
  • Garage: No
  • Garage:Garage2: No
  • Garage Type:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 205.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 205.0
  • Association Info:Assoc Fee Payable: Monthly
  • General Property Info:Association Contact: 734.585.5174 office

Fee Information

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

Schools

  • High School: Lincoln
  • Middle/Junior School: Lincoln

Lot Info

  • Zoning Description: RM2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2296.24
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Nov 22, 2022
Sold by
Davey Jennifer B
Bought by
Ghanem Karam Samer
Seller's Agent
Brandee Wiseman
The Charles Reinhart Company
Buyer's Agent
Mohammed Kurmasha
MK Capital Group LLC
List Price
$129,900
Sold Price
$121,000
Premium/Discount to List
-$8,900
-6.85%
Views
233
Current Estimated Value
$159,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,464
Avg. Annual Appreciation
9.95%
Original Mortgage
$9,990
Outstanding Balance
$9,690
Interest Rate
6.58%
Estimated Equity
$148,732

Purchase Details

Listed on
Jun 17, 2020
Closed on
Aug 19, 2020
Sold by
408 Marigold Llc
Bought by
Davey Jennifer B
Seller's Agent
Paul Peng
Bing Rich Real Estate Co
Buyer's Agent
Samuel Vail
Coldwell Banker Realty
List Price
$114,900
Sold Price
$114,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$103,410
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2019
Sold by
Wilson Lisa A and Wilson Roy K
Bought by
408 Marigold Llc
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
Ghanem Karam Samer $121,000 Preferred Title
Davey Jennifer B $114,900 Crossroads Title
408 Marigold Llc $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghanem Karam Samer $9,990
Open Ghanem Karam Samer $117,050
Closed Ghanem Karam Samer $117,050
Closed Ghancm Karam Damer $9,990
Previous Owner Davey Jennifer B $103,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $121,000 -6.9% $100 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $129,900 +13.1% $108 / Sq Ft
09/14/2020 09/14/20 Sold $114,900 0.0% $108 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $114,900 -- $108 / 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 -- $77,700 $0 $0
2024 $1,769 $74,800 $0 $0
2023 $1,591 $56,800 $0 $0
2022 $1,361 $48,500 $0 $0
2021 $2,262 $47,100 $0 $0
2020 $419 $41,100 $0 $0
2019 $922 $32,300 $32,300 $0
2018 $0 $33,500 $0 $0
2017 $925 $32,600 $0 $0
2016 $572 $19,666 $0 $0
2015 $1,227 $19,608 $0 $0
2014 $1,227 $25,800 $0 $0
2013 -- $25,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandee Wiseman

    Seller's Agent in 2022

    Brandee Wiseman

    The Charles Reinhart Company

    (734) 604-0411

    1 in this area

    46 Total Sales

    Brandee Wiseman
    Section Image

  • M

    Buyer's Agent in 2022

    Mohammed Kurmasha

    MK Capital Group LLC

    (517) 303-8697

    1 in this area

    4 Total Sales

    Mohammed Kurmasha
    Section Image

  • P

    Seller's Agent in 2020

    Paul Peng

    Bing Rich Real Estate Co

  • Samuel Vail

    Buyer's Agent in 2020

    Samuel Vail

    Coldwell Banker Realty

    (248) 802-0788

    16 in this area

    130 Total Sales

    Samuel Vail
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 54510

Southwestern Michigan Association of REALTORS®

APN: 11-22-170-023

Michigan Washtenaw County Ypsilanti 48197

8570 Spinnaker Way, Ypsilanti, MI

This home is located at 8570 Spinnaker Way, Ypsilanti, MI 48197 since 26 August 2022 and is currently estimated at $159,464, approximately $132 per square foot. This property was built in 1975. 8570 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.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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