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514 Washtenaw Rd, Ypsilanti, MI, 48197

$299,000

Home List Price

$3,551*

Closing Credit

3 Full Baths
1,962 SqFt
$152/SqFt
Multi
Schools Nearby

Location

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514 Washtenaw Rd, Ypsilanti$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1870
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240014503
Lot Size0.19 Acres
StatusActive

About 514 Washtenaw Rd

Welcome to this charming historical duplex located at 514 Washtenaw Ave in Ypsilanti, MI! Conveniently located just 2 blocks from Eastern Michigan University. This prime location is highly sought after and contributes to the popularity of the property, resulting in limited vacancies. Bringing in over $3,700 a month in rent! This duplex features a total of 6 bedrooms, 3 bathrooms, 1 bedroom unit and one 5 bedroom unit providing plenty of room for a large family or guests. The property, built in 1870, boasts classic architectural details and a rich history that adds character to every room. The house will be available for sale starting from 22 March 2024, making it the perfect opportunity for those looking to invest in a piece of local history, without the restrictions of the Historical District. Don't miss out on the chance to own this stunning piece of Ypsilanti's past. Contact us today to schedule a viewing and make an offer on this historic home for the asking price of $299,000. Preferred lender offers discounted rate for this listing.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1870
  • Stories: 2
  • Living Area: 1,962 SqFt

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (248) 327-0275
  • Listing Agent: Jennie Avis

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: From Ypsilanti Center (W Michigan Ave & N Huron St) West on W Michigan Ave. Becomes Congress St. North (right) on N Normal St. East (right) on Washtenaw Ave. Home on left, just past Perrin St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $152/SqFt

Tax Information:

  • Annual Amount: $7,423
  • 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

514 Washtenaw Rd vs Ypsilanti

38 DAYS ON ROCKET

+13 Days

$299,000

+$25.6K More

$152/SqFt

-$30 Less

KEY TAKEAWAY

This property is $25.6K more than the Median Sold Price and $30/SqFt less than other homes in Ypsilanti, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240014503

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (248) 327-0275
  • Listing Agent: Jennie Avis

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

Mar 19, 2018Home Sold
$156,000
May 03, 2004Home Sold
$150,000
Jan 07, 2002Home Sold
$106,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,423$96,100
2020 - $93,900
2019 - $88,600
2018$5,059$79,400
2017$4,956$76,200

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-2711522
3
/10

  • Estabrook Elementary School

  • 1555 W Cross St

  • 1.02 miles

  • Public District Grades 2-6

school-card-donut-2711523
3
/10

  • Holmes Elementary School

  • 1255 Holmes Rd

  • 1.82 miles

  • Public District Grades KG-6

school-card-donut-2711524
4
/10

  • Erickson Elementary School

  • 1427 Levona St

  • 2.09 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 $26,353. The most common annual income of people living in Ypsilanti, MI is less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Washtenaw County›Ypsilanti›48197›514 Washtenaw Rd

This home is located at 514 Washtenaw Rd in Ypsilanti, MI and zip code 48197. This 1,962 square foot home, which was built in 1870, sits on a 0.19 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $299,000.

In March 2024 more than 25 listings in Ypsilanti, MI were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 18 were sold below. The number of homes for sale 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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