9 days on rocket

Sale Pending

8864 Somerset Ln, Ypsilanti, MI, 48198

$330,000

Home List Price

$3,919*

Closing Credit

3 Bedrooms
2 Full Baths
1,334 SqFt
$247/SqFt
House
Schools Nearby

Location

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8864 Somerset Ln, Ypsilanti$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDoor Opener, Attached
Attached Garage2 spaces
Year Built2021
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
FireplaceGas, Family Room
MLS #54024019653
Lot Size0.17 Acres
StatusSale Pending
(Pending)

About 8864 Somerset Ln

**Highest and Best Offers Due by 4/28/24 at 8:00 pm** Located in the Brookside neighborhood, this adorable ranch was just built in 2021, and looks and feels nearly brand new! Offering 3 bedrooms and 2 full bathrooms, this home was tastefully finished, and is move-in ready! The main level features an open kitchen with stainless steel appliances, dining space, and living room with a gas fireplace. The primary suite has an impressive sized bathroom, with a walk-in closet and a beautiful shower. Two additional bedrooms, a full bath and a laundry room span across the main level. The full, unfinished basement is rough plumbed for a bathroom, and has an egress window, so that this incredible space can be finished with a new owner's vision!Outside, the fully-fenced in back yard features a deck, with plenty of space for grilling and entertaining. Conveniently located within close proximity to local highways, this home is within an easy commute to several area communities! Don't miss your chance to call this your new home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2021
  • Stories: 1
  • Living Area: 1,334 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty Ann Arbor
  • Office Phone: (734) 930-0200
  • Listing Agent: Dawn Whitford

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Cable Available, Laundry Facility, Humidifier, Other
  • Fireplace: Gas, Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Playground, Fenced

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door Opener, Attached

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Geddes to Brockside to Somerset

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $247/SqFt

HOA Fees:

  • Amount: $330
  • Frequency: Annually

Tax Information:

  • Annual Amount: $836
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ypsilanti, MI.

Med. Sold Price

$275K

Med. Price/SqFt

$183

Avg. Days On Market

27

# of Sold Homes

81

8864 Somerset Ln vs Ypsilanti

9 DAYS ON ROCKET

-18 Days

$330,000

+$55K More

$247/SqFt

+$63 More

KEY TAKEAWAY

This property is $55K more than the Median Sold Price and $63/SqFt more than other homes in Ypsilanti, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Ann Arbor Area Board of REALTORS®
  • MLS Number: #54024019653

Listing Office:

  • Office Name: Coldwell Banker Realty Ann Arbor
  • Office Phone: (734) 930-0200
  • Listing Agent: Dawn Whitford

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 3:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 28, 2020Home Sold
$80,000
Jan 24, 2019Home Sold
$66,500
Nov 09, 2016Home Sold
$90,000
Sep 05, 2008Home Sold
$346,449

Tax History

YEARPROP. TAXASSESSMENT
2021$836$12,500
2020$643$12,500
2019$629$12,500
2018$868$12,500
2017$520$10,000

History based on county public records data.

Payment Calculator

$1,742

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5726952
3
/10
  • Holmes Elementary School

  • 1255 Holmes Rd

  • 1.22 miles

  • Public District Grades KG-6

school-card-donut-5726953
4
/10
  • Erickson Elementary School

  • 1427 Levona St

  • 3.25 miles

  • Public District Grades 2-6

school-card-donut-5726954
3
/10
  • Estabrook Elementary School

  • 1555 W Cross St

  • 3.44 miles

  • Public District Grades 2-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,449. Typical income of Ypsilanti, MI residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8864 Somerset Ln

What is the listing price of this property?

The listing price of 8864 Somerset Ln property is $330,000.

What type of property is this?

The property 8864 Somerset Ln is a house located in Ypsilanti, Michigan, 48198.

Is this property for sale now?

Sale Pending: 8864 Somerset Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $836 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 28, 2020 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8864 Somerset Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8864 Somerset Ln is 1,334 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8864 Somerset Ln is 2021.

Rocket HomesMichiganWashtenaw CountyYpsilanti481988864 Somerset Ln

This home is located at 8864 Somerset Ln in Ypsilanti, MI and zip code 48198. This 1,334 square foot home, which was built in 2021, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $330,000.

In April 2024 more than 46 listings in Ypsilanti, MI were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 20 were sold below. Between March 2024 and April 2024, Ypsilanti, MI real estate market has seen increase in the number of listings by 13.5%. In April 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $275,000.

From Rocket Homes Real Estate and based on county public records data.

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