Sold
542 E Terrace Lane, Ypsilanti, MI 48198
Sold on 07/19/2019 for$130,000
MLS # 23085561 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,820 sqftBuilt 19680 acres
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Listing Description
Rarely available beautifully updated 3 bedroom end unit townhouse style condo w/finished basement. Enter through the spacious private fenced courtyard with paver patio. Extensive updates & re-modeling have been completed over the last 1-4 years including new electric panel, furnace a/c, hot water heater & insulation. The re-modeled kitchen features new maple cabinets & appliances. The stunning full bath was totally renovated 1 year ago boasting new cast iron tub/shower w/tile surround, new flooring, cabinetry & fixtures. The half bath is totally updated as well. Gleaming hardwood floors run through the living room, dining room, stairway & bedrooms with tile floors in the foyer, kitchen, nook & baths. The informally finished basement provides an additional 500 sq.ft of living space with fam
Source: SparkMLS
About this home
Located in College Park Terrace in Ypsilanti, this property offers 3-bedroom, 2-bath, 1,820 sq ft, with original construction dating to 1968.
This home sold for $130,000 (about $71/sq ft).
Property tax estimate: $1,058 per year ($88/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
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Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms2
Living Area1,820 sqft
Year Built1968
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected, Storm Sewer
InteriorCeiling Fan(s), Eat-in Kitchen
Sale & Financing
Listed6/9/2019
Sold Date7/18/2019
Terms AcceptedCash, Conventional
HOA
HOA Fee$195 / Monthly
IncludesWater, Trash, Snow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$1,058
Tax Year2019
Assessed Value$22,363
Parcel #K01103260063
Source: SparkMLS
Legal Description
YP#151-63 Bldg N - Unit 63 College Park Terrace Condominium #1
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Glenda Gerbstadt
Coldwell Banker Realty
Frequently Asked Questions about 542 E Terrace Lane, Ypsilanti, MI 48198
Which school district serves 542 E Terrace Lane, Ypsilanti, MI 48198?
Per MLS# 23085561, 542 E Terrace Lane, Ypsilanti, MI 48198 is in the School District of Ypsilanti boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact School District of Ypsilanti directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 23085561, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 542 E Terrace Lane, Ypsilanti, MI 48198?
Per public tax records, annual property taxes for this property are $1,058 (2019). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 542 E 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.
What utilities serve 542 E Terrace Lane, Ypsilanti, MI 48198?
Per Michigan Public Service Commission service territory data: Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Mortgage Calculator
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Monthly payment$1,054
Principal & interest$859
HOA$195
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
542 E 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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