Sold
552 Terrace Ln, Ypsilanti, MI 48198
Sold on 01/25/2018 for$62,000
MLS # 23082630 (Michigan Regional Information Center (MichRIC))
2 beds2 baths1,276 sqftBuilt 19680 acres
1 / 1
Listing Description
2 bedroom, 1 1/2 bath condo in a great complex located in Ypsilanti Township. Needs some work, but priced accordingly., Rec Room: Space
Source: SparkMLS
About this home
This 2-bedroom, 2-bath, 1,276 sq ft home built in 1968 sits in College Park Terrace in Ypsilanti.
This home sold for $62,000 (about $49/sq ft).
Property tax estimate: $1,312 per year ($109/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 Area1,276 sqft
Year Built1968
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementFull, Slab
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected
InteriorEat-in Kitchen
Sale & Financing
Listed10/30/2017
Sold Date1/24/2018
Terms AcceptedCash, Conventional
HOA
HOA Fee$185 / Monthly
IncludesTrash, Snow Removal
Source: SparkMLS
Tax Information
Annual Tax$1,312
Tax Year2017
Assessed Value$20,180
Parcel #K-11-03-260-068
Source: SparkMLS
Legal Description
Unit 68 College Park Terrace Condominium
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mary Hettinger
Keller Williams Ann Arbor Mrkt
Frequently Asked Questions about 552 Terrace Ln, Ypsilanti, MI 48198
Which school district serves 552 Terrace Ln, Ypsilanti, MI 48198?
Per MLS# 23082630, 552 Terrace Ln, 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 552 Terrace Ln, Ypsilanti, MI 48198?
Per MLS# 23082630, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 552 Terrace Ln, Ypsilanti, MI 48198?
Per public tax records, annual property taxes for this property are $1,312 (2017). 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, 552 Terrace Ln, 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 552 Terrace Ln, 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$587
Principal & interest$402
HOA$185
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
552 Terrace Ln, 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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