$114,900
SOLD SEP 14, 2020

8570 Spinnaker Way Ypsilanti, MI 48197

2 Beds
1.5 Baths
1,065 Sq Ft
$195/mo HOA Fee

Recently Sold

$108 Per Sq Ft

12 Days on Market

Highlights

  • Built-In Refrigerator
  • Ground Level Unit
  • Ceiling Fan
  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of November 2022

Beautiful spacious 2 bedroom condo in the wonderful Schooner Cover Condominium complex. Brand new laminate flooring throughout kitchen and baths, brand new cabinets and counter tops. Brand new carpet. The entire property has been redone from top to bottom. 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. This property won't last long!

Last Agent to Sell the Property

Paul Peng

Bing Rich Real Estate Co License #6502432319 Listed on: 06/17/2020

Last Buyer's Agent

Samuel Vail

Coldwell Banker Realty License #6501347386

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975 | Remodeled in 2020

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,065 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Additional Features

  • Fenced
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number K01122170023

Community Details

Overview

  • Jeffery A. Leonard, Pinnacle Condominium Mgt., Llc Association, Phone Number (734) 222-3700
  • The Ports Of Schooner Cove Condo Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1975 | Remodeled in 2020

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1975
  • State Equalized Value: 32300.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Built-In Refrigerator
  • Sq Ft Combined: 1065
  • Total Sq Ft: 1065
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Community, Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: (734) 222-3700
  • Association Fee: 195
  • Association Contact: Jeffery A. Leonard, Pinnacle Condominium Mgt., LLC
  • Association Fee: Yes

Schools

  • School District: Lincoln Consolidated

Lot Info

  • Parcel Number: K01122170023

Tax Info

  • Taxable Value: 20744.0000

MLS Schools

  • School District: Lincoln Consolidated

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
$165,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,756
Avg. Annual Appreciation
10.45%
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

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Range of Values:

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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 $121,000 Preferred Title
Warranty Deed $114,900 Crossroads Title
Foreclosure Deed $72,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,990 No Value Available
Open $117,050 No Value Available
Closed $117,050 New Conventional
Closed $9,990 New Conventional
Previous Owner $103,410 New Conventional
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: 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 -- $77,700 $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

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Map

Source: Realcomp

MLS Number: 2200045148

Realcomp

APN: 11-22-170-023