7104 Colchester Lane
Ypsilanti, MI 48197
Single Family Residence · MLS # 20261090163 · Listing courtesy of Our Home Realty Group LLC
About this home
Welcome home to this beautiful 10-year-old, 4-bedroom, 3.5-bath home offering plenty of space and all the features you’ve been looking for! The main level features a spacious family room with a cozy fireplace, convenient second-floor laundry, mudroom, and walk-in pantry. Freshly painted throughout, this home is move-in ready. The fully finished basement provides even more living and entertaining space, perfect for a family room, home office, workout area, or game room. Step outside and enjoy the beautiful patio and gazebo, perfect for summer BBQs, entertaining friends and family, or simply relaxing at the end of the day. Gather around the firepit on those cool Michigan evenings, and take advantage of the additional storage space conveniently located under the deck. Built just 10 years ago, this home offers the benefits of newer construction without the wait. An additional opportunity for qualified buyers is the possibility of assuming the seller’s existing VA mortgage, subject to lender and VA approval. Beautifully maintained, spacious, and ready for its next owner—this is one you’ll want to see!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Ypsilanti
Over the last 90 days, 215 homes sold in Ypsilanti for a median of $300,000, about $182 per square foot, and the typical one went under contract in 15 days. This home is listed at $450,000, or $167 per square foot, 8% below the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ypsilanti sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $7,429 a year. A buyer who lives here would pay about $7,529 to $11,354 a year once the taxable value resets after the sale, at the 2025 homestead rate of 49.96 mills for Ypsilanti Twp and Lincoln Consolidated schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.
Location
Similar homes in Ypsilanti
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