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407 E Cross St, Ypsilanti, MI, 48198

$275,000

Home List Price

$3,266*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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407 E Cross St, Ypsilanti$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1896
HeatingNatural Gas, Floor Furnace
MLS #54024010123
Lot Size0.19 Acres
StatusActive

About 407 E Cross St

Discover this exceptional multi-unit property in Ypsilanti, MI, boasting three income-generating units. Each unit offers comfortable living spaces and functional amenities, attracting tenants seeking quality accommodations. With a proven track record of rental income and the potential for further growth, this property presents an enticing opportunity for investors. Take advantage of this prime investment and schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1896

Listing Office:

  • Office Name: Keller Williams Ann Arbor
  • Office Phone: (734) 995-9400
  • Listing Agent: Lee W Marshall

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Floor Furnace

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000

Tax Information:

  • Annual Amount: $4,727
  • Tax Year: 2021
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Housing Market Comparison

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

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Ypsilanti, MI

City

Med. Sold Price

$273.3K

Med. Price/SqFt

$182

Avg. Days On Market

25

# of Sold Homes

55

407 E Cross St vs Ypsilanti

58 DAYS ON ROCKET

+33 Days

$275,000

+$1.6K More

KEY TAKEAWAY

This property is $1.6K more than the Median Sold Price 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: #54024010123

Listing Office:

  • Office Name: Keller Williams Ann Arbor
  • Office Phone: (734) 995-9400
  • Listing Agent: Lee W Marshall

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: 4/28/2024, 11:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 13, 2009Home Sold
$25,000
Nov 20, 2006Home Sold
$136,500
Jul 14, 2006Home Sold
$119,661
Jul 14, 2006Home Sold
$26,861

Tax History

YEARPROP. TAXASSESSMENT
2021$4,727$108,900
2020 - $102,500
2019 - $78,700
2018$4,245$73,300
2017$4,158$72,500

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-2733815
3
/10

  • Holmes Elementary School

  • 1255 Holmes Rd

  • 1.01 miles

  • Public District Grades KG-6

school-card-donut-2733816
4
/10

  • Erickson Elementary School

  • 1427 Levona St

  • 1.64 miles

  • Public District Grades 2-6

school-card-donut-2733817
3
/10

  • Estabrook Elementary School

  • 1555 W Cross St

  • 1.89 miles

  • Public District Grades 2-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. Typical income of Ypsilanti, MI residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Washtenaw County›Ypsilanti›48198›407 E Cross St

This home is located at 407 E Cross St in Ypsilanti, MI and zip code 48198. This home, which was built in 1896, sits on a 0.19 acre lot. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $275,000.

In March 2024, from all listings sold in Ypsilanti, MI there were more than 25 sold above asking price, over 18 sold below and more than 12 were sold right at the asked price. The number of listings in Ypsilanti, MI increased by 8.9% between February 2024 and March 2024. In March 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $273,365.

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

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