NOT LISTED FOR SALE

8968 Somerset Ln Unit Bldg-Unit Ypsilanti, MI 48198

Estimated Value: $406,000 - $444,000

4 Beds
3 Baths
2,396 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 8968 Somerset Ln Unit Bldg-Unit, Ypsilanti, MI 48198 and is currently estimated at $429,103, approximately $179 per square foot. 8968 Somerset Ln Unit Bldg-Unit is a home located in Washtenaw County with nearby schools including Holmes Elementary School, Erickson Elementary School, and Estabrook Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2020
Sold by
Taylor Alexander and Taylor Charlotte
Bought by
Taylor Alexander S and Taylor Charlotte A
Current Estimated Value
$429,103

Purchase Details

Closed on
Jul 27, 2018
Sold by
Walton Matthew B
Bought by
Taylor Alexander and Taylor Cahrlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$233,693
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$179,701

Purchase Details

Closed on
Dec 30, 2015
Sold by
Jacob George S and Jacob Sheela M
Bought by
Walton Matthew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Jacob George S and Johnson Holly
Bought by
Jacob George S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500
Interest Rate
5.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 16, 2004
Sold by
Selective Delaware Llc
Bought by
Jacob George and Johnson Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.65%
Mortgage Type
Unknown
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.

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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.

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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.

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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.

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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
Taylor Alexander S -- None Available
Taylor Alexander $265,000 Liberty Title
Walton Matthew B $205,000 Liberty Title
Jacob George S -- First American
Jacob George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Alexander $265,000
Previous Owner Walton Matthew B $160,000
Previous Owner Jacob George S $180,000
Previous Owner Jacob George S $41,101
Previous Owner Jacob George S $10,500
Previous Owner Jacob George S $212,000
Previous Owner Normandy Cobble Creek Llc $20,678,000
Previous Owner Jacob George $39,800
Previous Owner Jacob George $186,000
Source: Public Records

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
2024 $5,785 $198,200 $0 $0
2023 $4,887 $175,300 $0 $0
2022 $6,225 $153,800 $0 $0
2021 $6,049 $151,000 $0 $0
2020 $5,983 $146,900 $0 $0
2019 $5,831 $122,800 $122,800 $0
2018 $4,904 $112,800 $12,500 $100,300
2017 $4,649 $110,700 $0 $0
2016 $3,574 $109,000 $0 $0
2015 $3,015 $74,425 $0 $0
2014 $3,015 $72,100 $0 $0
2013 -- $72,100 $0 $0
Source: Public Records

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