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Washtenaw 48197
8776 Lilly Drive
$420,000
● House - Off Market

8776 Lilly Drive

Ypsilanti, MI 48197
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,325 Ft²
$2,677
Est. Monthly
$37
HOA / Fees
10.24%
Cap Rate

About This Property

As you step inside you will be greeted by a dramatic foyer & view through to a 2 story Great Room w/a wall of windows overlooking private tree lined yard.  Enjoy the upcoming colder days w/a gas fireplace. Large open concept, upstairs catwalk adds to the dramatic features of this house. Indulge your love of cooking in this wide kitchen featuring granite counters, island w/cooktop & eat in space.  Not only is the primary bedroom spacious but wait until you see the luxurious bathroom & WIC. Added bonus is the transferable 5-year Home Warranty is also a perk of this home.
Unit Size
2,325 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$185
Property Type
House
Property Taxes
$529
HOA Dues
$37
Year Built
2008

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #24051572)

Price History

Date / Event Date Event Price
Dec 6, 2024 Sold
Premium
Sold
Oct 29, 2024 In contract -
In contract
Oct 1, 2024 Listed by BHHSMI Great Lakes $429,990
Listed by BHHSMI Great Lakes
Dec 22, 2017 Sold
Premium
Sold
Sep 28, 2017 Listed by BHHSMI Great Lakes $249,900
Listed by BHHSMI Great Lakes
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,302
  • Garage Type: 7
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,450
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,325
  • Building Area: 2,325
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,325
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHISPERING MEADOWS SUBDIVISION
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 198 WHISPERING MEADOWS SUBDIVISION NO. 2, PARENT PARCEL K 11-27-100-021, K11-27-100-003, K 11-27-100-007

Neighborhood

  • School District Name: Lincoln Consolidated School District
  • School Tax School District: LINCOLN
  • Census Tract: 413401

Geography

  • District: K
  • Parcel: K -11-27-128-198
  • Block: 128
  • Lot: 198
  • Meridian: SEC 27 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.196
  • Longitude: -83.5879

    Address

  • Full Address: 8776 Lilly Dr
  • Address - House Number: 8776
  • Address - Street Name: Lilly
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: R019
  • 4-Digit Zip Code: 9655
  • Zip Code: 48197

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 78
  • Final Value: 397,934
  • High Value: 465,723
  • Low Value: 330,145

    Market Valuation

  • Market Total Value: $335,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2017
  • Current Sale Recording Date: Dec 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6404845
  • Previous Sale Recording Date: May 27, 2008
  • Previous Sale Contract Date: Apr 30, 2008
  • Previous Sale Amount: $258,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Washtenaw

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2275 ft²

Average Home Age

58.6 years

Currently For Sale

670 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Suzanne Clarkston, BHHSMI Great Lakes
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24051572
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 8776 Lilly Drive built and last sold?
The property at 8776 Lilly Drive was built in 2008 and last sold on Dec 15, 2017 for $241,000.
How much is this home worth?
The estimated value of the home located at 8776 Lilly Drive is $424,955.
What are some comparable homes to 8776 Lilly Drive?
There are currently no comparable homes to 8776 Lilly Drive.
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