NOT LISTED FOR SALE

8855 Somerset Ln Ypsilanti, MI 48198

Estimated Value: $383,000 - $411,000

0.16 Acre
$2,451,350 Price per Acre
6,970 Sq Ft Lot

Last Sold August 20, 2020

Last sale price $18,000

Est. 2,079% increase in value since last sale

Current estimated payment $2,689/month

18 Days on Market

About This Lot

As of August 2020

Great Subdivision lot to build on. Lot #332

Last Agent to Sell the Property

Terrance Green

TGreen Realty LLC License #6502386998 Listed on: 07/13/2020

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Property Type

  • Land

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x120x60x120

Utilities

  • Sewer in Street

Community Details

  • Brookside Of Superior Twp Subdivision

Listing and Financial Details

  • Assessor Parcel Number J01034180332

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • Assessment: 9.87
  • State Equalized Value: 12500.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Phone: terrance@tgreenrealty.com

Schools

  • School District: Ypsilanti

Lot Info

  • List Price per Acre: 121875.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 60x120x60x120
  • Parcel Number: J01034180332
  • Zoning: Residential
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 559.0000
  • Tax Amount Winter: 134.0000
  • Total Tax: 693.0000
  • Taxable Value: 10455.0000

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Kensington Family Homes Of Michigan Llc
Bought by
Kaltz Logan W and Lerner Emily S
Current Estimated Value
$392,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,300
Outstanding Balance
$279,703
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$94,256

Purchase Details

Closed on
Feb 24, 2022
Sold by
Hbgg Llc
Bought by
Kensington Family Homes Of Michigan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,300
Outstanding Balance
$279,703
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$94,256

Purchase Details

Closed on
Jun 1, 2021
Sold by
Clark Bradley K and Clark Jorie A
Bought by
Hbgg Llc

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 12, 2020
Sold by
Green Terrance
Bought by
Clark Bradley K and Clark Jorie A
Seller's Agent
Terrance Green
TGreen Realty LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$22,000
Sold Price
$18,000
Premium/Discount to List
-$4,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.12%

Purchase Details

Listed on
Nov 23, 2018
Closed on
Jan 2, 2019
Sold by
Mctavish Robert
Bought by
Green Terrance
Seller's Agent
Richard Bass
National Realty Centers, Inc
Buyer's Agent
Terrance Green
TGreen Realty LLC
List Price
$15,000
Sold Price
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%

Purchase Details

Listed on
Nov 23, 2018
Closed on
Dec 31, 2018
Sold by
Equity Trust Company Fbo
Bought by
Green Terrance
Seller's Agent
Richard Bass
National Realty Centers, Inc
Buyer's Agent
Terrance Green
TGreen Realty LLC
List Price
$15,000
Sold Price
$15,000

Purchase Details

Closed on
Nov 3, 2016
Sold by
Dg Residential Sales Llc
Bought by
Equity Trust Company and Robert Mctavish Ira

Purchase Details

Closed on
Dec 8, 2015
Sold by
S E Michigan Land Holding Llc
Bought by
Dg Residential Sales Llc
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
Kaltz Logan W $324,744 Reputation First Title
Kensington Family Homes Of Michigan Llc -- Reputation First Title
Hbgg Llc $30,000 Cislo Title Company
Clark Bradley K $18,000 Hometown One Title Agcy Llc
Green Terrance -- State Street Title Agency Ll
Green Terrance $15,000 None Available
Equity Trust Company $90,000 None Available
Dg Residential Sales Llc $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kensington Family Homes Of Michigan Llc $298,300
Previous Owner S E Michigan Land Holdings Llc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $18,000 -7.7% --
08/01/2020 08/01/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $19,500 -11.4% --
07/13/2020 07/13/20 For Sale $22,000 +46.7% --
01/02/2019 01/02/19 Sold $15,000 0.0% --
12/12/2018 12/12/18 Pending -- -- --
11/23/2018 11/23/18 For Sale $15,000 -- --
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 $6,624 $185,800 $0 $0
2024 $6,640 $162,000 $0 $0
2023 $4,967 $139,900 $0 $0
2022 $2,808 $59,000 $0 $0
2021 $833 $12,500 $0 $0
2020 $836 $12,500 $0 $0
2019 $693 $12,500 $12,500 $0
2018 $644 $12,500 $0 $0
2017 $630 $14,200 $0 $0
2016 $721 $14,200 $0 $0
2015 $515 $8,683 $0 $0
2014 $515 $8,413 $0 $0
2013 -- $8,413 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Terrance Green

    TGreen Realty LLC

    (734) 395-8346

    2 in this area

    12 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2020

    Unidentified Agent

    Unidentified Office

  • R

    Seller's Agent in 2019

    Richard Bass

    National Realty Centers, Inc

    Section Image
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Map

Source: Realcomp

MLS Number: 2200053694

Realcomp

APN: 10-34-180-332

Michigan Washtenaw County Ypsilanti 48198

8855 Somerset Ln, Ypsilanti, MI

This home is located at 8855 Somerset Ln, Ypsilanti, MI 48198 since 13 July 2020 and is currently estimated at $392,216. 8855 Somerset Ln is a home located in Washtenaw County with nearby schools including Holmes Elementary School, Erickson Elementary School, and Estabrook Elementary School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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