28 days on rocket

525 2nd St, Ypsilanti, MI, 48197

$189,500

Home List Price

$2,250*

Closing Credit

4 Bedrooms
2 Full Baths
1,323 SqFt
$143/SqFt
House
Schools Nearby

Location

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525 2nd St, Ypsilanti$189,500

Buyer Closing Credits

$2,250*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Gravel
Year Built1926
HeatingForced Air, Natural Gas
BasementYes
MLS #24021672
Lot Size0.30 Acres
StatusActive

About 525 2nd St

So much potential! Bring your tools and vision to make this charming 1920s south side bungalow your own. This 4-bedroom house boasts hardwood floors, a formal dining room, and a rare first floor bedroom. Upstairs there are 3 more bedrooms plus a full bathroom. The large basement includes a second bathroom with a shower, laundry room, and space to play or work at home. Spend your summer relaxing on the front porch or in the generously sized, fully fenced backyard, featuring mature shade trees. Minutes to parks, award-winning schools, downtown Ypsilanti, libraries, groceries and more! This property qualifies for a 0% down payment loan. Ask for more details!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1926
  • Stories: 2
  • Living Area: 1,323 SqFt

Listing Office:

  • Office Name: Real Estate One
  • Office Phone: (734) 217-3000
  • Listing Agent: Maria Sheler-Edwards

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Disposal, Oven, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Gravel

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Michigan Ave to south on Second Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,500
  • Price Per SqFt: $143/SqFt

Tax Information:

  • Annual Amount: $2,932
  • 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

$275K

Med. Price/SqFt

$183

Avg. Days On Market

27

# of Sold Homes

81

525 2nd St vs Ypsilanti

28 DAYS ON ROCKET

+1 Day

$189,500

-$85.5K Less

$143/SqFt

-$41 Less

KEY TAKEAWAY

This property is $85.5K less than the Median Sold Price and $41/SqFt less than other homes 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: #24021672

Listing Office:

  • Office Name: Real Estate One
  • Office Phone: (734) 217-3000
  • Listing Agent: Maria Sheler-Edwards

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: 6/1/2024, 12:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,932$47,200
2020 - $39,000
2019 - $36,500
2018$2,111$34,000
2017$2,057$32,600

History based on county public records data.

Payment Calculator

$1,013

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$635

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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-6368765
1
/10

  • Estabrook Elementary School

  • 1555 W Cross St

  • 1.04 miles

  • Public District Grades 2-6

school-card-donut-6368766
1
/10

  • Erickson Elementary School

  • 1427 Levona St

  • 2.03 miles

  • Public District Grades 2-6

school-card-donut-6368767
1
/10

  • Holmes Elementary School

  • 1255 Holmes Rd

  • 2.57 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,250. The majority of Ypsilanti, MI residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 2nd St

What is the listing price of this property?

The listing price of 525 2nd St property is $189,500.

What type of property is this?

The property 525 2nd St is a house located in Ypsilanti, Michigan, 48197.

Is this property for sale now?

Active Listing: 525 2nd St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,932 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 525 2nd St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 525 2nd St is 1,323 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 2nd St is 1926.

Rocket Homes›Michigan›Washtenaw County›Ypsilanti›48197›525 2nd St

This home is located at 525 2nd St in Ypsilanti, MI and zip code 48197. This 1,323 square foot home, which was built in 1926, sits on a 0.30 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $189,500.

Ypsilanti, MI housing market in April 2024 saw over 46 listings sold above listed price, more than 15 sold at listed price and over 20 sold below. The number of homes for sale in Ypsilanti, MI increased by 13.5% between March 2024 and April 2024. In April 2024 median list price was $275,000 and the average listing age was 27 days.

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

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