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Washtenaw 48197
9531 Lakeside Drive
$194,900
● House - Off Market

9531 Lakeside Drive

Ypsilanti, MI 48197
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,209 Ft²
$209,171
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Move-in ready ranch condo in Ypsilanti Township! This highly sought after floor plan also includes rare 1.5 car garage, much more storage area or great for motorcycle storage. Welcoming foyer has lg coat closet w/ additional storage area. Light filled Second bedroom is adjacent to spacious hall full bath, could be home office, & walks out to covered rear patio area (great for grilling). Open concept kitchen has tray ceiling, abundance of cabinet & counter space, new s/s appliances, bar seating & over looks lg dining area & great room. Primary suite offers dual sinks, w/in closet,& scenic views of the courtyard. Enjoy year around dual patios just steps from the community pool, newer W/D, quiet setting. Pets allowed.,   Primary Bath
Unit Size
1,209 Ft²
Days on Market
46 days
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
$222
HOA Dues
$343
Year Built
2001

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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 #23090534)

Price History

Date / Event Date Event Price
Nov 8, 2022 Sold
Premium
Sold
Sep 15, 2022 Listed by Keller Williams Ann Arbor Mrkt $199,900
Listed by Keller Williams Ann Arbor Mrkt
Apr 23, 2015 Sold
Premium
Sold
Sep 27, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 266
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,209
  • Building Area: 1,209
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,209
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE POINTE AT ISLAND LAKE COND
  • Standard Land Use Code: 1004
  • County Land Use Code: 407
  • Legal Description 1: UNIT 88, BUILDING 8, UNIT TYPE A, THE POINTE AT ISLAND LAKE, CONDOMINIUM, SEC23, T3S-R7E, L-4021 P-828, FIRST AMENDMENT

Neighborhood

  • School District Name: Lincoln Consolidated School District
  • School Tax School District: LINCOLN
  • Census Tract: 412700

Geography

  • District: K
  • Parcel: K -11-23-310-088
  • Block: 310
  • Meridian: SEC 23 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.2032
  • Longitude: -83.5716

    Address

  • Full Address: 9531 Lakeside Dr
  • Legal Unit: 88
  • Address - House Number: 9531
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: R018
  • 4-Digit Zip Code: 3033
  • Zip Code: 48197

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2776
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 60
  • Final Value: 193,742
  • High Value: 247,531
  • Low Value: 139,953

    Market Valuation

  • Market Total Value: $145,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Nov 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6669741
  • Previous Sale Recording Date: Apr 23, 2015
  • Previous Sale Contract Date: Apr 20, 2015
  • Previous Sale Amount: $100,000
  • 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:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 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

Unit for rent at 1169 Evelyn Avenue, Ypsilanti, MI, 48198

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,923 ft²
1169 Evelyn Avenue, Ypsilanti, MI, 48198 Listing by Alexa Ebenhoeh

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Carmen Knick, Keller Williams Ann Arbor Mrkt
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23090534
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 9531 Lakeside Drive built and last sold?
The property at 9531 Lakeside Drive was built in 2001 and last sold on Oct 31, 2022 for $194,900.
How much is this home worth?
The estimated value of the home located at 9531 Lakeside Drive is $206,059.
What are some comparable homes to 9531 Lakeside Drive?
There are currently no comparable homes to 9531 Lakeside Drive.
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