NOT LISTED FOR SALE

8845 Somerset Ln Unit 328 Ypsilanti, MI 48198

Estimated Value: $383,000 - $425,000

3 Beds
2.5 Baths
2,060 Sq Ft
$25/mo HOA Fee

Last Sold April 26, 2013

Last sale price $132,005 $64 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $2,634/month

28 Days on Market

Highlights

  • Attached Garage
  • Living Room
  • Dining Area

About This Home

As of April 2013

Move in ready condo with neutral decor. Easy access to Ann Arbor and Ypsilanti. Association playground across street. Buyer to confirm all information including assessments and association fees.

Last Agent to Sell the Property

JENNIFER FLACK

C-21 Affiliated - Jackson License #6506046719 Listed on: 01/22/2013

Co-Listed By

PAULA JESTER

C-21 Affiliated - Jackson License #6502391627

Last Buyer's Agent

ANN ARBOR NON-MEMBER SOLD

NON-MEMBER SOLD ANN ARBOR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,483

Year Built

  • Built in 2008

Lot Details

  • 8,712

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Brookside Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,483

Year Built

Built in 2008

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • LivingArea: 2060.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 130000.0
  • Other Structures: Other
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2013
Closed on
Apr 22, 2013
Sold by
Secretary Of Hud
Bought by
Cleary Earnest
Seller's Agent
JENNIFER FLACK
C-21 Affiliated - Jackson
Buyer's Agent
ANN ARBOR NON-MEMBER SOLD
NON-MEMBER SOLD ANN ARBOR
Sold Price
$132,005
Current Estimated Value
$404,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,576
Avg. Annual Appreciation
9.32%
Original Mortgage
$127,645
Outstanding Balance
$91,147
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$303,179

Purchase Details

Closed on
Jul 21, 2011
Sold by
Flagstar Bank Fsb
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jul 14, 2011
Sold by
Collins Joan and Holmes Larry
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Aug 28, 2008
Sold by
Selective Delaware Llc
Bought by
Collins Joan and Holmes Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,195
Interest Rate
6.54%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cleary Earnest $132,005 None Available
Secretary Of Hud -- None Available
Flagstar Bank Fsb $230,482 None Available
Collins Joan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleary Earnest $127,645
Previous Owner Collins Joan $173,195
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $132,005 -- $64 / 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 $4,483 $182,400 $0 $0
2024 $2,902 $167,100 $0 $0
2023 $3,362 $147,100 $0 $0
2022 $4,283 $133,200 $0 $0
2021 $4,162 $131,800 $0 $0
2020 $4,117 $129,000 $0 $0
2019 $4,011 $111,300 $111,300 $0
2018 $3,603 $106,000 $12,500 $93,500
2017 $3,420 $103,900 $0 $0
2016 $2,626 $80,091 $0 $0
2015 $3,215 $79,852 $0 $0
2014 $3,215 $69,900 $0 $0
2013 -- $69,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21076103

Southwestern Michigan Association of REALTORS®

APN: 10-34-180-328