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610 Terrace Lane

610 Terrace Lane, Ypsilanti, MI 48198
Property in Ypsilanti
Sold Nov 04, 2021
$135,000
$130,950 by Rocket Mortgage Llc
Mortgage Due Nov 01, 2051
Sold Nov 04, 1999
$84,400
610 Terrace Lane 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 1968 and is 56 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 610 Terrace Lane has 1,276 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a porch. The exterior walls of the building are made of alum/vinyl siding. 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. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 610 Terrace Lane sold most recently in Oct 29, 2021 for a total of $135,000. If you work out the math, that's approximately a cost of $105.80 per sqft. Before that, the property was also sold for $84,400 in Jan 1, 1970. 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 $1,511 in taxes each year. 610 Terrace Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $57,600. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 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: 616
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,276
  • Building Area: 1,276
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,276
  • 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# 151-45 BLDG. K - UNIT 45 COLLEGE PARK TERRACE CONDOMINIUM NO. 1.

Ownership

  • Current Owner : MITCHELL AARON
  • Previous Owner : NYE TIMOTHY A
  • Owner Before Previous Owner: RENDEL ROGER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RI

Geography

  • District: K
  • Parcel: K -11-03-260-045
  • Block: 260
  • Meridian: SEC 03 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.2551
  • Longitude: -83.6007

    Address

  • Full Address: 610 Terrace Ln
  • Legal Unit: 45
  • Address - House Number: 610
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: C060
  • 4-Digit Zip Code: 3090
  • Zip Code: 48198

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,511
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 153,902
  • High Value: 184,588
  • Low Value: 123,215

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,950
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $130,950
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $115,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11865734565
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6621351
  • Previous Sale Recording Date: Nov 04, 1999
  • Previous Sale Amount: $84,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $130,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Washtenaw



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Frequently Asked Questions

What neighborhood is 610 Terrace Lane located in?
The 610 Terrace Lane is a located in the neighborhood of Ypsilanti in Washtenaw, Ypsilanti.
What is the average sales price for listings in 610 Terrace Lane?
The average sales price for units in 610 Terrace Lane is $0 currently.

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