Sold
564 Terrace, Ypsilanti, MI 48198
Sold on 01/16/2009 for$43,500
MLS # 23048660 (Michigan Regional Information Center (MichRIC))
2 beds3 baths1,286 sqftBuilt 19680 acres
1 / 10
Listing Description
Bank Owned Home Sold In As-is Condition. Updated Kitchen, Finishedbasement. Nice Unit!! Bank Addenda To Be Signed With Accepted Offer. Listing Broker To Hold Emd. Buyers Agent To Verify All Info Including Taxes & Homestead Status. Purchasers Pay A Compliance Fee Of $395.00 At Time Of Closing. Information Is Deemed To Be Reliable But Not Gauranteed., Rec Room: Finished
Source: SparkMLS
About this home
Located in College Park Terrace in Ypsilanti, this property offers 2-bedroom, 3-bath, 1,286 sq ft, with original construction dating to 1968.
This home sold for $43,500 (about $34/sq ft).
Property tax estimate: $2,354 per year ($196/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 Area1,286 sqft
Year Built1968
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
ConstructionBrick
BasementFull
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Storm Sewer
InteriorEat-in Kitchen
Sale & Financing
Listed3/27/2008
Sold Date1/15/2009
Original Price$99,000
Terms AcceptedCash
HOA
HOA Fee$125 / Quarterly
Source: SparkMLS
Tax Information
Annual Tax$2,354
Tax Year8
Assessed Value$49,600
Parcel #K-11-03-260-061
Source: SparkMLS
Legal Description
Yp#151-61 Bldg M-unit 61 College Park Condominium No. 1
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Clark Brown
Weichert, Realtors - Ehman & G
Frequently Asked Questions about 564 Terrace, Ypsilanti, MI 48198
Which school district serves 564 Terrace, Ypsilanti, MI 48198?
Per MLS# 23048660, 564 Terrace, 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 type of financing is accepted for this listing?
Per MLS# 23048660, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 564 Terrace, Ypsilanti, MI 48198?
Per public tax records, annual property taxes for this property are $2,354 (8). 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, 564 Terrace, 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 564 Terrace, 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$333
Principal & interest$291
HOA$42
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
564 Terrace, 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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