Sold
941 Terrace Lane N 25, Ypsilanti, MI 48198
Sold on 09/26/2025 for$166,250
MLS # 25042249 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,576 sqftBuilt 19680.02 acres
1 / 33
Listing Description
Multiple offers received and calling for 'Highest and Best' due by 10am on 8/26/2025. Here it is, once in a blue moon for a 3-bedroom, 1.5-bath townhome to come on the market in this community! This is an interior unit located to the back of the development with a private entrance to the unit and the courtyard. The basement features glass block windows and is partially finished for additional living and/or storage space. Updates include: furnace, a/c, toilet in full bath and a new water meter. This property is being sold in ''as-is condition.'' Do not hesitate, this is priced to sell!
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,576 sq ft home built in 1968 sits in College Park Terrace in Ypsilanti.
Final sale price: $166,250 (about $105/sq ft).
Property tax estimate: $1,192 per year ($99/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 5,120 Mbps across 8 providers.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms2
Living Area1,576 sqft
Lot Size0.02 acres
Year Built1968
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
StyleColonial
ConstructionBrick, Other
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesCable Available, Natural Gas Connected
InteriorCeiling Fan(s), Eat-in Kitchen
Sale & Financing
Listed8/21/2025
Sold Date9/25/2025
Terms AcceptedCash, Conventional
HOA
HOA Fee$230 / Monthly
IncludesSnow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$1,192
Tax Year2025
Assessed Value$24,899
Parcel #K-11-03-260-025
Source: SparkMLS
Legal Description
YP# 151-25 BLDG. F - UNIT 25 COLLEGE PARK TERRACE CONDOMINIUM NO. 1.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Susan Trout
The Charles Reinhart Company
Frequently Asked Questions about 941 Terrace Lane N 25, Ypsilanti, MI 48198
Which school district serves 941 Terrace Lane N 25, Ypsilanti, MI 48198?
Per MLS# 25042249, 941 Terrace Lane N 25, 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 941 Terrace Lane N 25, Ypsilanti, MI 48198?
Per MLS# 25042249, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 941 Terrace Lane N 25, Ypsilanti, MI 48198?
Per public tax records, annual property taxes for this property are $1,192 (2025). 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, 941 Terrace Lane N 25, 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.
Is 941 Terrace Lane N 25, Ypsilanti, MI 48198 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 941 Terrace Lane N 25, Ypsilanti, MI 48198. The maximum advertised download speed is 5.1 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 941 Terrace Lane N 25, Ypsilanti, MI 48198?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$1,203
Principal & interest$973
HOA$230
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5.1 Gbps
Upload
5.1 Gbps
FiberCableGSO SatelliteSatelliteDSLLicensed Fixed Wireless
8 providers at this address
Metronet HoldingsFiber
5.1 GbpsXfinityCable
1.2 GbpsStarlinkGSO Satellite
280 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsAT&TDSL
75 MbpsAT&TLicensed Fixed Wireless
25 MbpsT-MobileLicensed Fixed Wireless
25 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
941 Terrace Lane N 25, Ypsilanti, MI 48198
View full property history →
Neighborhood
College Park Terrace
View all listings →
Community
Ypsilanti
Explore neighborhoods →
County
Washtenaw County
View county overview →
Get email alerts for new listings near 941 Terrace Lane N 25
We'll notify you when something hits the market in College Park Terrace or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.