NOT LISTED FOR SALE

938 S Grove St Ypsilanti, MI 48198

Gault Village Neighborhood

Estimated Value: $304,000 - $445,000

8 Beds
4 Baths
3,600 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $87,500 $24 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $2,399/month

51 Days on Market

Highlights

  • 0.4 Acre Lot
  • Forced Air Heating System
  • 3-minute walk to Big Island Park

About This Home

As of October 2012

FOUR UNIT APARTMENT BUILDING OFF I-94. EACH UNIT FEATURES 2 BEDROOMS AND ONE BATHROOM. ONE UNIT IS STILL OCCUPIED. All info is est, BATVAI. Download offer package prior to writing offer. Addendums to follow. Buyer to assume City inspection & repairs. Per Diem charged for closing delays. Listing Broker holds EMD. Proof of funds/full mortgage approval required.

Last Agent to Sell the Property

Michael Shannon

Metropolitan Real Estate License #6502375628 Listed on: 08/28/2012

Last Buyer's Agent

Racha Hodroj

Real Estate One-Dbn Hts/Dbn License #RCO-6501368971

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.4 Acre Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 4 Full Bathrooms
  • 3,600 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number K01115300004

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1975
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Sq Ft Combined: 3600
  • Total Sq Ft: 3600

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ypsilanti

Lot Info

  • List Price per Acre: 249750.0000
  • Lot Size Area: 0.40
  • Lot Dimensions: IRR
  • Parcel Number: K01115300004
  • Zone Conform: Yes
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 4024.0000
  • Tax Amount Winter: 1632.0000
  • Total Tax: 5656.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 1

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2015
Sold by
Hanley David T
Bought by
Hanley David T and Hanley Maria V
Current Estimated Value
$379,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$111,830
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2012
Closed on
Oct 25, 2012
Sold by
Deutsche Bank Trust Company Americus
Bought by
Hanley David T
Seller's Agent
Michael Shannon
Metropolitan Real Estate
Buyer's Agent
Racha Hodroj
Real Estate One-Dbn Hts/Dbn
List Price
$109,900
Sold Price
$87,500
Premium/Discount to List
-$22,400
-20.38%

Purchase Details

Closed on
Jan 12, 2012
Sold by
Martinez Ysbelys
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Feb 26, 2011
Sold by
Mortgage Electronic Registration Systems
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Oct 28, 2010
Sold by
Martinez Ysbelys
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 9, 2004
Sold by
Handy Jeffrey D and Handy Penny M
Bought by
Martinez Ysbelys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2004
Sold by
Bullock Charles A and Charles A Bullock Jr Living Tr
Bought by
Handy Jeffrey D and Handy Penny M

Purchase Details

Closed on
Jan 16, 2004
Sold by
Bullock Charles A and Charles A Bullock Jr Living Tr
Bought by
Handy Jeffrey D and Handy Penny M
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
Hanley David T -- A S K Services Inc
Hanley David T $87,500 None Available
Deutsche Bank Trust Company Americas $71,500 None Available
Deutsche Bank Trust Company Americas -- None Available
Mortgage Electronic Registration Systems $73,768 None Available
Martinez Ysbelys $275,000 --
Handy Jeffrey D -- --
Handy Jeffrey D $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanley David T $140,000
Closed Hanley David T $52,500
Previous Owner Martinez Ysbelys $69,850
Previous Owner Martinez Ysbelys $198,000
Previous Owner Martinez Ysbelys $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2012 10/30/12 Sold $87,500 -20.4% $24 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $109,900 -- $31 / 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 -- $165,900 $0 $0
2024 -- $143,200 $0 $0
2023 -- $129,700 $0 $0
2022 $0 $123,900 $0 $0
2021 $4,691 $100,200 $0 $0
2020 $5,287 $85,100 $0 $0
2019 $1,500 $85,600 $85,600 $0
2018 $0 $77,600 $0 $0
2017 $4,704 $72,500 $0 $0
2016 $3,419 $71,513 $0 $0
2015 $4,437 $71,300 $0 $0
2014 $4,437 $92,100 $0 $0
2013 -- $92,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Shannon

    Seller's Agent in 2012

    Michael Shannon

    Metropolitan Real Estate

    (313) 903-2083

    79 Total Sales

    Michael Shannon
    Section Image

  • R

    Buyer's Agent in 2012

    Racha Hodroj

    Real Estate One-Dbn Hts/Dbn

See All Agents

Map

Source: Realcomp

MLS Number: 212089551

Realcomp

APN: 11-15-300-004

Michigan Washtenaw County Ypsilanti 48198 Gault Village

938 S Grove St, Ypsilanti, MI

This home is located at 938 S Grove St, Ypsilanti, MI 48198 since 28 August 2012 and is currently estimated at $379,146, approximately $105 per square foot. This property was built in 1975. 938 S Grove St is a home located in Washtenaw County with nearby schools including Erickson Elementary School, Holmes 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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