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1063 Lori Street

1063 Lori Street, Ypsilanti, MI 48198
Property in Ypsilanti
Sold Dec 10, 2020
$82,000
1063 Lori Street in Ypsilanti, MI was first built in 1955 and is 69 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1063 Lori Street has 1,040 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. There is a porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 280 sqft. There is one available parking space. The exterior walls of the home are made of brick. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1063 Lori Street sold most recently in Nov 20, 2020 for a total of $82,000. If you work out the math, that's approximately a cost of $78.85 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,669 in taxes each year. 1063 Lori Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $61,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,040
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST WILLOW UNIT #2
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: YP#110A-5 LOT 347 WESTWILLOW UNIT TWO.

Ownership

  • Current Owner : AVERILL STACY
  • Current Owner 2: SHERMAN ROBERT
  • Previous Owner : RICE MARIA E
  • Previous Owner 2: THE MARICA E RICE TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Van Buren Public Schools
  • School Tax School District: VAN BUREN
  • Census Tract: 412300

Zoning

  • Zoning: RI

Geography

  • District: K
  • Parcel: K -11-14-134-005
  • Block: 134
  • Lot: 347
  • Meridian: SEC 14 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.231
  • Longitude: -83.5711

    Address

  • Full Address: 1063 Lori St
  • Address - House Number: 1063
  • Address - Street Name: Lori
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: C050
  • 4-Digit Zip Code: 6267
  • Zip Code: 48198

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,669
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 155,173
  • High Value: 186,616
  • Low Value: 123,731

    Market Valuation

  • Market Total Value: $123,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,600

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Transaction ID: 11807947370
  • Current Sale Price: $82,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6559643

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Dec 10, 2020
  • First Mortgage Loan Amount: $61,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Washtenaw



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Nearby Rentals

Unit for rent at 865 Cliffs Drive, Ypsilanti, MI, 48198

$1,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
865 Cliffs Drive #102, Ypsilanti, MI, 48198 Listing by Carmel Mifsud

Frequently Asked Questions

What neighborhood is 1063 Lori Street located in?
The 1063 Lori Street is a located in the neighborhood of Ypsilanti in Washtenaw, Ypsilanti.
What is the average sales price for listings in 1063 Lori Street?
The average sales price for units in 1063 Lori Street is $0 currently.

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