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Backup Offers

520 N Mohawk Ave, Ypsilanti, MI, 48198

$199,900

Home List Price

$2,374*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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520 N Mohawk Ave, Ypsilanti$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAsphalt, Driveway
Year Built1950
HeatingForced Air, Natural Gas
CoolingNone, Window Unit(s)
BasementYes
MLS #24000601
Lot Size0.30 Acres
StatusAccepting Backup Offers
(Active Backup)

About 520 N Mohawk Ave

Welcome to this Exceptional Duplex property in Ypsilanti offering a unique opportunity for both Investors and Homeowners--one unit currently rented for $950/mo.plus utilities, and the other unit is owner occupied. This property features two separate meters, driveways and individual entrances for each Unit, comfortably designed with Living Room, Kitchen with granite counters (owner unit), Pantry Closet, Eat In Nook (appliances included), Large Bedroom, and Bathroom. Shared Utility/Laundry Room w/ Washer and Dryer (Newer Water Heater). Close to Expressways and amenities. Financing types includes ASSUMABLE FHA MORTGAGE AT 3.25% FOR PRE-APPROVED BUYERS (presents an option with requirements for significant savings over the loan term) Seller to provide COO at close. BATVAI.

Property Details

Property Features

Property Information:

  • Year Built: 1950

Listing Office:

  • Office Name: Howard Hanna Real Estate
  • Office Phone: (248) 283-8700
  • Listing Agent: Janet A Graham

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None, Window Unit(s)

Other

Directions Information:

  • Directions: Prospect and Forest

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900

Tax Information:

  • Annual Amount: $2,237
  • Tax Year: 2018
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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

520 N Mohawk Ave vs Ypsilanti

116 DAYS ON ROCKET

+91 Days

$199,900

-$73.4K Less

KEY TAKEAWAY

This property is $73.4K less than the Median Sold Price in Ypsilanti, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24000601

Listing Office:

  • Office Name: Howard Hanna Real Estate
  • Office Phone: (248) 283-8700
  • Listing Agent: Janet A Graham

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:20:21 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 21, 2020Home Sold
$179,900
Jun 13, 2018Home Sold
$88,000
Jun 02, 2017Home Sold
$45,000
Sep 27, 2006Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $65,800
2020 - $52,400
2019 - $51,800
2018$2,237$48,900
2017$2,308$42,000

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-1515935
3
/10

  • Holmes Elementary School

  • 1255 Holmes Rd

  • 0.51 miles

  • Public District Grades KG-6

school-card-donut-1515936
4
/10

  • Erickson Elementary School

  • 1427 Levona St

  • 1.55 miles

  • Public District Grades 2-6

school-card-donut-1515937
3
/10

  • Estabrook Elementary School

  • 1555 W Cross St

  • 2.82 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 $35,530. The majority of Ypsilanti, MI residents have income less than $35k annually. Most families are single, no kids. 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›520 N Mohawk Ave

This home is located at 520 N Mohawk Ave in Ypsilanti, MI and zip code 48198. This home, which was built in 1950, sits on a 0.30 acre lot. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $199,900.

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. In March 2024 in Ypsilanti, MI there were 8.9% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $273,365, while the average time on the real estate market was 25 days.

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

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