Sold
424 Ballard Street, Ypsilanti, MI 48197
Sold on 04/24/2023 for$280,000
MLS # 54841 (Michigan Regional Information Center (MichRIC))
6 beds3 baths2,102 sqftBuilt 18900.07 acres
1 / 46
Listing Description
This Duplex is a wonderful opportunity to live in one unit while the other unit helps pay your mortgage or rent out both units for cash flow. freshly painted with new floors. The upstairs unit has an unfinished attic space which could add another 700 to 900 sqft of space to an already large house increasing its value. Both units have there own dining room kitchen combo and separate keyed entries. This home is less than 100 yards away from EMU's central campus. Land Contract terms are available at 9% interest rate, 1/12 taxes and insurance per month, and 20% down
Source: SparkMLS
About this home
Located in Midtown in Ypsilanti, this property offers 6-bedroom, 3-bath, 2,102 sq ft, with original construction dating to 1890.
This home sold for $280,000 (about $133/sq ft).
Estimated annual property tax: $2,696, or about $225 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms6
Bathrooms3
Living Area2,102 sqft
Lot Size0.07 acres
Year Built1890
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48197
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
StyleColonial
ConstructionWood Siding
BasementMichigan Basement
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected
InteriorEat-in Kitchen
Sale & Financing
Listed2/13/2023
Sold Date4/23/2023
Original Price$310,000
Terms AcceptedCash, FHA, VA Loan, Land Contract, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,696
Tax Year2022
Assessed Value$40,798
Parcel #111140111008
Source: SparkMLS
Legal Description
*OLD SID - 11 11-810-042-20 YP CITY 55W-44 N 1/2 OF LOT 42 WESTERN ADDITION, EXC THE S 4.5 FT OF THE
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Raymond Smith
Ray Smith Real Estate LLC
Frequently Asked Questions about 424 Ballard Street, Ypsilanti, MI 48197
Which school district serves 424 Ballard Street, Ypsilanti, MI 48197?
Per MLS# 54841, 424 Ballard Street, Ypsilanti, MI 48197 is in the School District of Ypsilanti boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact School District of Ypsilanti directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 54841, this listing accepts Cash, FHA, VA Loan, Land Contract, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 424 Ballard Street, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $2,696 (2022). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 424 Ballard Street, Ypsilanti, MI 48197 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What utilities serve 424 Ballard Street, Ypsilanti, MI 48197?
Per Michigan Public Service Commission service territory data: Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Mortgage Calculator
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Monthly payment$1,816
Principal & interest$1,816
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
424 Ballard Street, Ypsilanti, MI 48197
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Neighborhood
Midtown
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Community
Ypsilanti
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County
Washtenaw County
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