Sold
495 497 Jefferson, Ypsilanti, MI 48197
Sold on 07/31/2014 for$27,500
MLS # 43150 (Michigan Regional Information Center (MichRIC))
4 beds2 baths1,716 sqftBuilt 19600.14 acres
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Listing Description
Great opportunity for a first time buyer or investor. 4 bedrooms, 2 baths home located on the southside of Ypsilanti. Home once was a duplex at one time and then converted to a single unit home. Huge back yard. This property has a ton of potential. Minutes from I-94 highway, historical Perry School, Parkridge Community Center, area churches and downtown Ypsilanti. This is a Fannie Mae HomePath Property. Purchase this property with as little as 5% down! This property is approved for Homepath Mortgage Financing and Homepath Renovation Mortgage Financing.
Source: SparkMLS
About this home
This 4-bedroom, 2-bath, 1,716 sq ft home built in 1960 sits in Parkridge Southside in Ypsilanti.
Closed at $27,500 (about $16/sq ft).
Property tax estimate: $2,805 per year ($234/month). 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 SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,716 sqft
Lot Size0.14 acres
Year Built1960
Stories1
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48197
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
StyleRanch
ConstructionVinyl Siding
HeatingForced Air
WaterPublic
SewerPublic
InteriorEat-in Kitchen
Sale & Financing
Listed7/9/2014
Sold Date7/30/2014
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$2,805
Tax Year2013
Assessed Value$32,573
Parcel #11-11-37-156-004
Source: SparkMLS
Legal Description
*OLD SID - 11 11-475-129-00 YP CITY 48W-66 LOT 129 PARK RIDGE.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Martha Townsend
Keller Williams Ann Arbor Mrkt
Frequently Asked Questions about 495 497 Jefferson, Ypsilanti, MI 48197
What school district is 495 497 Jefferson, Ypsilanti, MI 48197 in?
Per MLS# 43150, this property is served by School District of 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# 43150, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 43150, the most recent reported annual property tax for 495 497 Jefferson, Ypsilanti, MI 48197 is $2,805 (2013). 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 495 497 Jefferson, Ypsilanti, MI 48197 eligible for USDA financing?
Per USDA Rural Development boundary data, 495 497 Jefferson, 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 is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 495 497 Jefferson, Ypsilanti, MI 48197 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.
Map
Mortgage Calculator
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Monthly payment$213
Principal & interest$213
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
495 497 Jefferson, Ypsilanti, MI 48197
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Neighborhood
Parkridge Southside
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Community
Ypsilanti
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County
Washtenaw County
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