Under Contract
1011 N Terrace Lane, Ypsilanti, MI 48198
$190,000
MLS # 26026511 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,520 sqftBuilt 19680.02 acres
1 / 27
Listing Description
Rare 3-bedroom end-unit townhome featuring hardwood floors, 1.5 bathrooms, and a full basement. Enjoy the added privacy and abundant natural light that come with an end-unit location, plus a private fenced patio and parking for up to 3 vehicles right outside your door. The functional floor plan is designed for comfortable everyday living, with three spacious bedrooms and a large full bath upstairs. The partially finished basement offers additional space for recreation, hobbies, a home office, or future expansion. Conveniently located near EMU, Depot Town and major commuter routes, this move-in-ready home offers comfort, convenience, and value.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,520 sq ft home in Ypsilanti Township in Ypsilanti built in 1968.
Currently offered at $190,000 (about $125/sq ft).
Estimated annual property tax: $3,229, or about $269 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms2
Living Area1,520 sqft
Lot Size0.02 acres
Year Built1968
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48198
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected, High-Speed Internet
InteriorCeiling Fan(s), Eat-in Kitchen
Sale & Financing
Listed6/1/2026
Terms AcceptedCash, MSHDA, Conventional
HOA
HOA Fee$240 / Monthly
IncludesTrash, Snow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$3,229
Tax Year2026
Assessed Value$69,041
Parcel #K-11-03-260-014
Source: SparkMLS
Legal Description
YP# 151-14 BLDG. D - UNIT 14 COLLEGE PARK TERRACE CONDOMINIUM NO. 1.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Elizabeth Martin
Howard Hanna Real Estate
Frequently Asked Questions about 1011 N Terrace Lane, Ypsilanti, MI 48198
What school district is 1011 N Terrace Lane, Ypsilanti, MI 48198 in?
Per MLS# 26026511, this property is served by Ypsilanti. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26026511, the seller has indicated this property accepts the following financing types: Cash, MSHDA, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26026511, the most recent reported annual property tax for 1011 N Terrace Lane, Ypsilanti, MI 48198 is $3,229 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1011 N Terrace Lane, Ypsilanti, MI 48198 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1011 N Terrace Lane, Ypsilanti, MI 48198 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$1,472
Principal & interest$1,232
HOA$240
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1011 N Terrace Lane, Ypsilanti, MI 48198
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Municipality
Ypsilanti Township
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County
Washtenaw County
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