Sold
1011 Terrace Lane, Ypsilanti, MI 48198
Sold on 12/23/2022 for$160,000
MLS # 23090660 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,520 sqftBuilt 19680 acres
1 / 19
Listing Description
Rare 3 bedroom, end unit in College Park Terrace. Refinished hardwood floors in the spacious living room and dining area. New tile flooring in the entry way, eat-in kitchen, and half bath. Upstairs are three large bedrooms. Two with hardwood floors and the third with newer carpeting. The full bath has a double vanity, tub/shower, and linen closet. Full basement has a finished flex room and a large storage area with laundry. Private, fenced in front patio. Updated electrical panel. Low HOA of only $200/mo. Parking for 3-4 cars in front of the unit plus guest parking. Ypsilanti Township taxes. Close to Depot Town, EMU, WCC, St. Joe Hospital, and easy highway access.
Source: SparkMLS
About this home
Located in College Park Terrace in Ypsilanti, this property offers 3-bedroom, 2-bath, 1,520 sq ft, with original construction dating to 1968.
This home sold for $160,000 (about $105/sq ft).
Estimated annual property tax: $2,144, or about $179 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms2
Living Area1,520 sqft
Year Built1968
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
StyleColonial
ConstructionBrick, Vinyl Siding
BasementDaylight, Full
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesCable Connected
InteriorCeiling Fan(s), Eat-in Kitchen
Sale & Financing
Listed11/2/2022
Sold Date12/22/2022
Terms AcceptedCash, FHA, VA Loan, Conventional
HOA
HOA Fee$200 / Monthly
IncludesTrash, Snow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$2,144
Tax Year2022
Assessed Value$23,868
Parcel #K-11-03-260-014
Source: SparkMLS
Legal Description
YP# 151-14 BLDG. D - UNIT 14 COLLEGE PARK TERRACE CONDOMINIUM NO. 1.
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Erica Trossen
Casablanca Real Estate LLC
Frequently Asked Questions about 1011 Terrace Lane, Ypsilanti, MI 48198
What school district is 1011 Terrace Lane, Ypsilanti, MI 48198 in?
Per MLS# 23090660, this property is served by School District of Ypsilanti. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 23090660, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 23090660, the most recent reported annual property tax for 1011 Terrace Lane, Ypsilanti, MI 48198 is $2,144 (2022). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1011 Terrace Lane, Ypsilanti, MI 48198 eligible for USDA financing?
Per USDA Rural Development boundary data, 1011 Terrace Lane, Ypsilanti, MI 48198 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Mortgage Calculator
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Monthly payment$1,108
Principal & interest$908
HOA$200
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
1011 Terrace Lane, Ypsilanti, MI 48198
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Neighborhood
College Park Terrace
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Community
Ypsilanti
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County
Washtenaw County
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