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$315,000

Beds
3
Baths
1.5
sq ft
1,381

2376 Colony Way, Ypsilanti, MI 48197

2376 Colony Way

Ypsilanti Twp, MI 48197

  • 3 days on market
    • Open house Mar 15
Welcome to this charming ranch home in the desirable Fairway Hills neighborhood of Ypsilanti Township! With over 2,000 square feet of total living space, this inviting home offers the perfect blend of comfort and convenience. Featuring 3 spacious bedrooms and 1.5 baths, this home is ideal for families or those who love to entertain. The updated kitchen boasts granite tile countertops with all appliances included. The layout flows seamlessly from the cozy living room, where a large picture window brings in tons of natural light to the dining area. And just off the kitchen, you'll find a welcoming family room, perfect for relaxing or hosting gatherings. Downstairs, the finished basement offers a bonus room, a wet bar, and a large open space with an egress window, providing even more flexible living space. Whether you need a home office, playroom, or workout area, this extra space is ready for you to make your dreams come true! The backyard is fully fenced-in and the covered patio is perfect for enjoying warm summer evenings. Along with a large storage space in the basement, there is a 2 car garage and shed for everything you need. With updates like a new roof (2023), new water heater (2024), and new AC (2021), this home is move-in ready with peace of mind. Located just minutes from Ann Arbor, Ypsilanti, and major freeways, you’ll enjoy an easy commute to work or play. Plus, with nearby stores, restaurants, and entertainment options, everything you need is right at your doorstep. Don't miss out on this beautiful, well-maintained home in a prime location. Check out the docs for a full list of updates! Open house Saturday, March 15th, 12-2 pm.

Details

Property type

Single Family Residence

Est. home value

$305,847

Lot size

8,712 sq ft

Price per sq ft

$229

Year built

1970

Annual property taxes

$4,998

Price History

03/11/2025
Realcomp

Realcomp #20250016063

Listed
$315,000
+75.11%
08/12/2016
Realcomp

Realcomp #543240879

Sold
$179,888

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ypsilanti

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$172,843
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$116,957
Cash to seller
$172,843

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2016

Original loan amount

$143,910

Est. remaining balance

$116,957

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Michael D Guerrero and Susannah L Guerrero

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/14/2025 at 1:40 PM

Listing updated: 03/14/2025 at 12:09 AM

Listed by: Emily Grish, Epique Realty Phone #: (248) 218-2604

MLS: Realcomp #20250016063

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