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1978 Frances Way

1978 Frances Way, Ypsilanti, MI 48198
Property in Superior
Sold Oct 12, 2021
$350,000
$343,660 by Academy Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Sep 20, 2007
$220,000
$220,000 by Franklin Bank Na
Mortgage Due Oct 01, 2037
1978 Frances Way has been categorized by the local assessors in Ypsilanti, MI as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1978 Frances Way has 1,907 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,210 ft and across the front of the lot is 610 ft. The area measurement of the land has been determined as 7,362 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 540 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of a combination of material. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a storm sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though you may still need to pay additional fees to have your wastewater disposed in this manner. 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, 1978 Frances Way sold most recently in Sep 22, 2021 for a total of $350,000. If you work out the math, that's approximately a cost of $183.53 per sqft. Before that, the property was also sold for $220,000 in Sep 14, 2007. 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 $3,961 in taxes each year. 1978 Frances Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $149,600. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2005
  • Effective Year Built: 2005
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 957
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,362
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,907
  • Building Area: 1,907
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,907
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PROSPECT POINTE SUB
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEW PLATLOT 39 PROSPECT POINTE SUB. #1SPLIT ON 09/13/2004 FROM J -10-33-100-001, J -10-33-100-002;

Ownership

  • Current Owner : COX JAMES
  • Current Owner 2: COX JAMES T
  • Previous Owner : SKRYCKI AALCA
  • Previous Owner 2: SKRYCKI DERRICK
  • Owner Before Previous Owner: TEPATTI PAUL
  • Owner Before Previous Owner 2: TEPATTI LISA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ypsilanti Community Schools
  • School Tax School District: YPSILANTI
  • Census Tract: 407000

Zoning

  • Zoning: R-4

Geography

  • District: J
  • Parcel: J -10-33-108-039
  • Block: 108
  • Lot: 39
  • Meridian: SEC 33 TWN 2S RNG 7E
  • Municipality: SUPERIOR TWP
  • Latitude: 42.2742
  • Longitude: -83.6037

    Address

  • Full Address: 1978 Frances Way
  • Address - House Number: 1978
  • Address - Street Name: Frances
  • Address - Suffix Type: Way
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: R021
  • 4-Digit Zip Code: 7603
  • Zip Code: 48198

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,961
  • Tax Rate Code Area: J

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 409,597
  • High Value: 477,766
  • Low Value: 341,427

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $356,680
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $343,660
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Apr 19, 2022
  • Second Open Lien Mortgage Loan Amount: $13,020
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $299,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859851209
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6616608
  • Previous Sale Recording Date: Sep 20, 2007
  • Previous Sale Contract Date: Sep 14, 2007
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $343,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN BANK NA
  • Previous Mortgage Transaction Date: Sep 20, 2007
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2037

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Frequently Asked Questions

What neighborhood is 1978 Frances Way located in?
The 1978 Frances Way is a located in the neighborhood of Superior in Washtenaw, Ypsilanti.
What is the average sales price for listings in 1978 Frances Way?
The average sales price for units in 1978 Frances Way is $0 currently.

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