NOT LISTED FOR SALE

985 Terrace Ln Unit 31 Ypsilanti, MI 48198

Prospect Park Neighborhood

Estimated Value: $161,000 - $200,000

2 Beds
1 Bath
1,100 Sq Ft
$161/mo HOA Fee

Last Sold March 20, 2012

Last sale price $26,500 $24 Per Sq Ft

Est. 549% increase in value since last sale

Current estimated payment $1,180/month

8 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 3-minute walk to Charles Street Tot Lot

About This Home

As of March 2012

Bank owned, being sold as is. Proof of funds to submitted w/all cash offers, pre-app. w/all mtg offers. Nice brick ranch condo, end unit with doorwall that leads to deck. Partially finished basement.

Last Agent to Sell the Property

Fadie Ghallozi

Century 21 Curran & Oberski License #6506044528 Listed on: 02/21/2012

Century 21 Curran & Oberski

Last Buyer's Agent

Fadie Ghallozi

Century 21 Curran & Oberski License #6506044528 Listed on: 02/21/2012

Century 21 Curran & Oberski

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1968

HOA Fees

  • $161 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • College Park Terrace Condo No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number K01103260031

Property Details

Home Type

Condominium

Year Built

Built in 1968

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story
  • Year Built: 1968
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1100
  • Total Sq Ft: 1100

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 161
  • Association Fee: No

Schools

  • School District: Ypsilanti

Lot Info

  • Parcel Number: K01103260031

Tax Info

  • Tax Amount Summer: 1370.0000
  • Tax Amount Winter: 514.0000
  • Total Tax: 1884.0000

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2012
Closed on
Mar 16, 2012
Sold by
Keybank National Association
Bought by
Thomas April
Seller's Agent
Fadie Ghallozi
Century 21 Curran & Oberski
Buyer's Agent
Fadie Ghallozi
Century 21 Curran & Oberski
List Price
$19,900
Sold Price
$26,500
Premium/Discount to List
$6,600
33.17%
Current Estimated Value
$172,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,598
Avg. Annual Appreciation
14.90%

Purchase Details

Closed on
Jun 16, 2011
Sold by
White Claire F
Bought by
Keybank National Association

Purchase Details

Closed on
Feb 27, 2004
Sold by
White Claire Flower
Bought by
White Claire Flower
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
Thomas April $26,500 None Available
Keybank National Association $71,935 None Available
White Claire Flower -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2012 03/20/12 Sold $26,500 +33.2% $24 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $19,900 -- $18 / 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 -- $76,800 $0 $0
2024 -- $73,700 $0 $0
2023 $992 $60,600 $0 $0
2022 $992 $53,900 $0 $0
2021 $992 $52,400 $0 $0
2020 $992 $43,200 $0 $0
2019 $992 $43,300 $43,300 $0
2018 $995 $34,400 $0 $0
2017 $995 $30,000 $0 $0
2016 $620 $20,900 $0 $0
2015 $1,011 $20,900 $0 $0
2014 $1,011 $26,800 $0 $0
2013 -- $26,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fadie Ghallozi

    Seller's Agent in 2012

    Fadie Ghallozi

    Century 21 Curran & Oberski

    (313) 203-8262

    151 Total Sales

    Fadie Ghallozi
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Map

Source: Realcomp

MLS Number: 212018408

Realcomp

APN: 11-03-260-031

Michigan Washtenaw County Ypsilanti 48198 Prospect Park

985 Terrace Ln Unit 31, Ypsilanti, MI

This home is located at 985 Terrace Ln Unit 31, Ypsilanti, MI 48198 since 21 February 2012 and is currently estimated at $172,098, approximately $156 per square foot. This property was built in 1968. 985 Terrace Ln Unit 31 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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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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