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536 Terrace Lane

536 Terrace Lane, Ypsilanti, MI 48198
Property in Ypsilanti
536 Terrace Lane in Ypsilanti, MI was first built in 1968 and is 56 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. 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. 536 Terrace Lane has 1,320 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.

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. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Nov 1, 2022 for $151,000. That's $114.39 per sqft. Prior to that sales transaction, the property was also sold in May 1, 2019 for $121,800. 536 Terrace Lane was last assessed in 2023. The total value of the property was assessed at $62,100. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,746. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220923
09/23/2022
2 Bed
3 Bath
1322 ft²
$140,000
bedrooms
2 Bed
bathrooms
3 Bath
square feet
1322 ft²
-
-
-
Daniel DeCapua
RE/MAX Platinum

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Basement Type: Unspecified basement
  • Basement Area: 638
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLLEGE PARK TERRACE CONDO 1
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: YP# 151-74 BLDG. P - UNIT 74 COLLEGE PARK TERRACE CONDOMINIUM NO. 1.

Ownership

  • Current Owner : BARR STEPHEN
  • Previous Owner : ESPY DAWN
  • Owner Before Previous Owner: GOLD JASON
  • Owner Before Previous Owner 2: GOLD MAYA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Ypsilanti Community Schools
  • School Tax School District: YPSILANTI
  • Census Tract: 412100

Zoning

  • Zoning: RI

Geography

  • District: K
  • Parcel: K -11-03-260-074
  • Block: 260
  • Meridian: SEC 03 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.2551
  • Longitude: -83.6021

    Address

  • Full Address: 536 Terrace Ln
  • Legal Unit: 74
  • Address - House Number: 536
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: C060
  • 4-Digit Zip Code: 3044
  • Zip Code: 48198

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,746
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 163,942
  • High Value: 196,121
  • Low Value: 131,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,450
  • First Open Lien Mortgage Lender: STAUNTON FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Nov 04, 2022
  • First Open Lien Mortgage Loan Amount: $143,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $124,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Transaction ID: 11898315280
  • Current Sale Price: $151,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6669497
  • Previous Sale Recording Date: May 15, 2019
  • Previous Sale Contract Date: May 01, 2019
  • Previous Sale Amount: $121,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STAUNTON FINANCIAL INC
  • First Mortgage Transaction Date: Nov 04, 2022
  • First Mortgage Loan Amount: $143,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MMS MORTGAGE SERVICES LTD
  • Previous Mortgage Transaction Date: May 15, 2019
  • Previous Mortgage Loan Amount: $114,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Washtenaw



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Frequently Asked Questions

What neighborhood is 536 Terrace Lane located in?
The 536 Terrace Lane is a located in the neighborhood of Ypsilanti in Washtenaw, Ypsilanti.
What is the average sales price for listings in 536 Terrace Lane?
The average sales price for units in 536 Terrace Lane is $0 currently.

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