NOT LISTED FOR SALE

8865 Somerset Ln Ypsilanti, MI 48198

Estimated Value: $418,383 - $426,000

3 Beds
2.5 Baths
1,920 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $320,000 $167 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,946/month

2 Days on Market

Highlights

  • New Construction
  • Ground Level Unit
  • 2 Car Attached Garage
  • Colonial Architecture
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Beautiful 3 BD, 2.5 BA open concept new construction in desirable Brookside of Superior subdivision. This home was just finished and is ready for immediate occupancy. Well-lit and nicely flowing entry level features crisp and clean white cabinetry, quartz counters including island with seating, pantry storage, stylish recessed lighting and fixtures, nook area and family room with gas fireplace. Entry level office, powder room and cubbie storage make for functional living! Spacious master suite with his & hers walk-in closets, soaker tub, shower and dual vanities allows for an active lifestyle. Two additional bedrooms and full bath complete the upper level. Home is tastefully appointed with luxury vinyl plank flooring, neutral grey paint and fresh carpet. Unfinished basement awaits your personal vision! Two car garage, no appliances included, purchaser to pay transfer tax.

Last Agent to Sell the Property

Nathan Oake

Griffith Realty License #6501409302 Listed on: 02/20/2021

Co-Listed By

Chasta Oake

Griffith Realty License #6501432524

Last Buyer's Agent

Amanda Bradley

RE/MAX Eclipse License #RCO-6501367015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120x60x120

HOA Fees

  • $28 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Passive Radon Mitigation
  • Vinyl Construction Material

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number J01034180336

Community Details

Overview

  • Www.Ourbrookside.Org Association, Phone Number (734) 531-0150
  • Brookside Of Superior Twp Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2020
  • State Equalized Value: 29700.0000
  • Foundation Features: Passive Radon Mitigation | Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1920
  • Total Sq Ft: 1920
  • Sq Ft Total Bsmt: 960

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Construction Features: New Construction
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association Fee Frequency: Semi-Annual
  • Phone: Kramer Triad 734-531-0150
  • Association Fee: 165
  • Association Contact: www.ourbrookside.org
  • Association Fee: Yes

Schools

  • School District: Ypsilanti

Lot Info

  • List Price per Acre: 1817647.0588
  • Lot Size Area: 0.17
  • Lot Dimensions: 60x120x60x120
  • Parcel Number: J01034180336

Tax Info

  • Tax Amount Summer: 1468.0000
  • Tax Amount Winter: 424.0000
  • Total Tax: 1892.0000
  • Taxable Value: 27309.0000

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
Mar 31, 2021
Sold by
Ritter Benjamin Allen and Ritter Stephanie Anne
Bought by
Strong Katherine and Strong Ryan
Seller's Agent
Nathan Oake
Griffith Realty
Buyer's Agent
Amanda Bradley
RE/MAX Eclipse
List Price
$309,000
Sold Price
$320,000
Premium/Discount to List
$11,000
3.56%
Current Estimated Value
$422,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,096
Avg. Annual Appreciation
5.59%
Original Mortgage
$240,000
Outstanding Balance
$217,628
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$188,507

Purchase Details

Listed on
Dec 29, 2017
Closed on
Dec 29, 2017
Sold by
Equity Trust Company
Bought by
Ritter Benjamin Allen and Ritter Stephanie Anne
Seller's Agent
Richard Bass
National Realty Centers, Inc
Buyer's Agent
Crystal Van Dam
National Realty Centers, Inc
List Price
$277,500
Sold Price
$277,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$263,625
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
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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
Strong Katherine $320,000 First American Title Ins Co
Ritter Benjamin Allen $22,000 Reputation First Title Agenc
Equity Trust Company $90,000 None Available
Dg Residential Sales Llc $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strong Katherine $240,000
Previous Owner Ritter Benjamin A $303,500
Previous Owner Ritter Benjamin Allen $263,625
Previous Owner S E Michigan Land Holdings Llc $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $320,000 +3.6% $167 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $309,000 +11.4% $161 / Sq Ft
12/29/2017 12/29/17 Sold $277,500 0.0% $145 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
12/29/2017 12/29/17 For Sale $277,500 -- $145 / 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 $7,279 $200,800 $0 $0
2024 $4,711 $184,200 $0 $0
2023 $5,458 $161,800 $0 $0
2022 $6,944 $146,400 $0 $0
2021 $6,671 $142,100 $0 $0
2020 $1,808 $29,700 $0 $0
2019 $2,284 $34,800 $34,800 $0
2018 $785 $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: Realcomp

MLS Number: 2210010028

Realcomp

APN: 10-34-180-336