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7363 Lochmoor Drive

7363 Lochmoor Drive, Ypsilanti, MI 48197
Property in Ypsilanti
Sold Feb 01, 2013
$112,900
$101,610 by Huron Valley Financial Inc
Mortgage Due Feb 01, 2043
Sold Sep 27, 2012
$68,750
7363 Lochmoor Drive 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 1993 and is 31 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 7363 Lochmoor Drive has 1,380 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,728 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 460 sqft. According to our sources, there are a total of 2 available parking spaces. 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, 7363 Lochmoor Drive sold most recently in Jan 18, 2013 for a total of $112,900. If you work out the math, that's approximately a cost of $81.81 per sqft. Before that, the property was also sold for $68,750 in Sep 6, 2012. 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 $1,775 in taxes each year. 7363 Lochmoor Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $94,100. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,728
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STREAMWOOD SUB
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 115 STREAMWOOD SUB. #3

Ownership

  • Current Owner : DAY TIMOTHY
  • Previous Owner : B & M ACQUISITIONS LLC
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Consolidated School District
  • School Tax School District: LINCOLN
  • Census Tract: 413402

Zoning

  • Zoning: RI

Geography

  • District: K
  • Parcel: K -11-33-250-115
  • Block: 250
  • Lot: 115
  • Meridian: SEC 33 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.1827
  • Longitude: -83.6122

    Address

  • Full Address: 7363 Lochmoor Dr
  • Address - House Number: 7363
  • Address - Street Name: Lochmoor
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: R014
  • 4-Digit Zip Code: 9534
  • Zip Code: 48197

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,775
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.2525
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 305,577
  • High Value: 382,762
  • Low Value: 228,391

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $129,356
  • First Open Lien Mortgage Lender: HURON VALLEY FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Feb 01, 2013
  • First Open Lien Mortgage Loan Amount: $101,610
  • 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: Feb 01, 2043
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK EASTERN MICHI
  • Second Open Lien Mortgage Recording Date: Feb 16, 2016
  • Second Open Lien Mortgage Loan Amount: $27,746
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $188,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 18, 2013
  • Current Sale Recording Date: Feb 01, 2013
  • Current Sale Transaction ID: 1096675262
  • Current Sale Price: $112,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6121617
  • Previous Sale Recording Date: Sep 27, 2012
  • Previous Sale Contract Date: Sep 06, 2012
  • Previous Sale Amount: $68,750
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HURON VALLEY FINANCIAL INC
  • First Mortgage Transaction Date: Feb 01, 2013
  • First Mortgage Loan Amount: $101,610
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2043

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Frequently Asked Questions

What neighborhood is 7363 Lochmoor Drive located in?
The 7363 Lochmoor Drive is a located in the neighborhood of Ypsilanti in Washtenaw, Ypsilanti.
What is the average sales price for listings in 7363 Lochmoor Drive?
The average sales price for units in 7363 Lochmoor Drive is $0 currently.

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