Sold
546 Terrace Lane, Ypsilanti, MI 48198
Sold on 04/06/2017 for$85,000
MLS # 23099819 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,416 sqftBuilt 19680 acres
1 / 10
Listing Description
Completely re-done condo in one of Ypsi's best kept secrets. Hardwood floors throughout and all freshly painted. 2 bedrooms, full bath upstairs, living room/dining room, kitchen and breakfast room and 1/2 bath entry level. New kitchen and baths. Partially finished basement with family room. Fenced in patio. Low association fees. Great place for first time buyers or empty nesters, Rec Room: Finished
Source: SparkMLS
About this home
2-bedroom, 2-bath, 1,416 sq ft home in College Park Terrace in Ypsilanti built in 1968.
Final sale price: $85,000 (about $60/sq ft).
Annual property taxes run approximately $888 ($74/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
Bathrooms2
Living Area1,416 sqft
Year Built1968
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
ConstructionAluminum Siding, Brick
BasementFull, Slab
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected
InteriorCeiling Fan(s)
Sale & Financing
Listed2/6/2017
Sold Date4/5/2017
Terms AcceptedCash, FHA, VA Loan, Conventional
HOA
HOA Fee$180 / Monthly
IncludesSnow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$888
Tax Year2016
Assessed Value$18,700
Parcel #K-11-03-260-065
Source: SparkMLS
Legal Description
YP# 151-65 Bldg. N - Unit 65 College Park Condominium NO 1
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mary Hettinger
Keller Williams Ann Arbor Mrkt
Frequently Asked Questions about 546 Terrace Lane, Ypsilanti, MI 48198
Which school district serves 546 Terrace Lane, Ypsilanti, MI 48198?
Per MLS# 23099819, 546 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.
What financing options are available for 546 Terrace Lane, Ypsilanti, MI 48198?
Per MLS# 23099819, this listing accepts Cash, FHA, VA Loan, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 546 Terrace Lane, Ypsilanti, MI 48198?
Per public tax records, annual property taxes for this property are $888 (2016). 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, 546 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 546 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$808
Principal & interest$628
HOA$180
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
546 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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