NOT LISTED FOR SALE

8859 Somerset Ln Ypsilanti, MI 48198

Estimated Value: $378,311 - $391,000

0.17 Acre
$2,250,459 Price per Acre
7,187 Sq Ft Lot

Last Sold September 14, 2020

Last sale price $20,000

Est. 1,813% increase in value since last sale

Current estimated payment $2,638/month

538 Days on Market

About This Lot

As of September 2020

Exceptional lots for sale with a pond view in the Brookside Subdivision in Superior Township. Water and sewer at street. Sidewalk community. Playground right down the road. Other premium lots to choose from: 330, 333, 340, and 339 are each available for sale. Lots 339 and 340 are premium wooded lots with possible daylight elevation. Buy an individual lot or package a few or all. Great location: midpoint between Canton and Ann Arbor on Geddes Rd with easy access to M-14. Ypsilanti Schools, charter and school of choice for the student. This is the place to build your dream home!

Last Agent to Sell the Property

Victoria Evans

Howard Hanna Real Estate License #6501323732 Listed on: 02/14/2019

Howard Hanna Real Estate

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Property Type

  • Land

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 62x116

HOA Fees

  • $28 Monthly HOA Fees

Utilities

  • Phone Available

Community Details

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 62x116
  • Tax Info:Annual Property Tax: 669.0
  • Tax Info:Zoning3: RES
  • Utilities Attached:Electric4: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Natural Gas: Yes
  • Utilities Attached:Telephone Line: Yes
  • Lot Description:Wetland Area: Yes
  • Utilities Attached:Public Water2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 35000.0
  • Lot Features: Sidewalk, Wetland Area
  • Road Surface Type: Paved

Utilities

  • Utilities: Phone Connected, Public Water Connected, Natural Gas Connected, Electric Connected, Storm Sewer Available, Public Sewer Available

Condo/Co-op/Association

  • Association Fee: 330.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 330.0
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 62x116
  • Lot Size Sq Ft: 7187.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 669.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Kensington Family Homes Of Michigan Llc
Bought by
Rupp Andrew M and Rupp Allison
Current Estimated Value
$382,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Outstanding Balance
$257,261
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$116,403

Purchase Details

Listed on
Feb 14, 2019
Closed on
Sep 11, 2020
Sold by
Celebration Proeprties Llc
Bought by
Hbgg Llc
Seller's Agent
Victoria Evans
Howard Hanna Real Estate
Buyer's Agent
No Member
Non Member Sales
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.31%

Purchase Details

Closed on
Jan 15, 2019
Sold by
Mctavish Robert
Bought by
Celebration Properties Llc

Purchase Details

Closed on
Jan 14, 2019
Sold by
Equity Trust Company
Bought by
Celebration Properties Llc

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
Rupp Andrew M $314,237 Reputation First Title Agcy
Kensington Family Homes Of Michigan Llc -- Reputation First Ttl Agcy Ll
Hbgg Llc $80,000 Land Title Guarantee Company
Celebration Properties Llc -- State Street Title Agency Ll
Celebration Properties Llc $66,500 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 $279,000
Previous Owner S E Michigan Land Holdings Llc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $20,000 -42.9% --
08/05/2020 08/05/20 Pending -- -- --
02/14/2019 02/14/19 For Sale $35,000 -- --
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 $6,304 $174,500 $0 $0
2024 $4,080 $159,400 $0 $0
2023 $4,727 $140,200 $0 $0
2022 $6,017 $126,800 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23034921

Southwestern Michigan Association of REALTORS®

APN: 10-34-180-333