Sold
536 Terrace Lane, Ypsilanti, MI 48198
Sold on 11/01/2022 for$151,000
MLS # 23090641 (Michigan Regional Information Center (MichRIC))
2 beds3 baths1,322 sqftBuilt 19680 acres
1 / 27
Listing Description
**Highest and best Monday at 5pm** Spacious end unit condo with plenty of room to spread out. On the main level you will find nicely updated oak kitchen, dining and living room. Upstairs you will find 2 generously sized bedrooms each with their own bath. Primary suite overlooks the green space. Newer windows throughout. Amazing finished lower level for added living space. Close to Depot Town, shopping, dining and Prospect Park., Primary Bath, Rec Room: Partially Finished, Rec Room: Finished
Source: SparkMLS
About this home
This 2-bedroom, 3-bath, 1,322 sq ft home built in 1968 sits in College Park Terrace in Ypsilanti.
Closed at $151,000 (about $114/sq ft).
Property tax estimate: $2,260 per year ($188/month). 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
Bedrooms2
Bathrooms3
Living Area1,322 sqft
Year Built1968
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
ConstructionAluminum Siding, Brick
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected
InteriorCeiling Fan(s), Eat-in Kitchen
Sale & Financing
Listed9/22/2022
Sold Date10/31/2022
Terms AcceptedCash, FHA, VA Loan, Conventional
HOA
HOA Fee$205 / Monthly
IncludesWater, Trash, Snow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$2,260
Tax Year2022
Assessed Value$46,192
Parcel #K-11-03-260-074
Source: SparkMLS
Legal Description
YP# 151-74 BLDG. P - UNIT 74 COLLEGE PARK TERRACE CONDOMINIUM NO. 1.
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Daniel DeCapua
RE/MAX Platinum
Frequently Asked Questions about 536 Terrace Lane, Ypsilanti, MI 48198
What school district is 536 Terrace Lane, Ypsilanti, MI 48198 in?
Per MLS# 23090641, 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# 23090641, 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# 23090641, the most recent reported annual property tax for 536 Terrace Lane, Ypsilanti, MI 48198 is $2,260 (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 536 Terrace Lane, Ypsilanti, MI 48198 eligible for USDA financing?
Per USDA Rural Development boundary data, 536 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$1,113
Principal & interest$908
HOA$205
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
536 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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