Sold
505 E Forest Avenue, Ypsilanti, MI 48198
Sold on 10/01/2013 for$91,000
MLS # 23057576 (Michigan Regional Information Center (MichRIC))
3 beds1 bath1,653 sqftBuilt 19390.36 acres
1 / 5
Listing Description
Charming 1930's Bungalow has lots to offer! Located a short walk to historic Depot town, and its restaurants shops and Brewery! Two blocks from the park and 2 blocks to the Chick Inn..and so close to EMU, and downtown Ypsilanti, and Riverside Park, and Frog Island. Hardwood floors, a fireplace, newer windows, and more this home includes all appliances, and is located on a large lot of over 1/3 of an acre. Flowering trees, perennials and a fenced yard make this home perfect for dogs, and outdoor fun! A detached garage keeps your car sheltered in winter, but because you are so close to everything you may just decide to bike and walk everywhere. You will appreciate the love and care the current owner has taken to make this house a home. 15 minutes to downtown Ann Arbor, and 25 minutes to
Source: SparkMLS
About this home
This 3-bedroom, 1-bath, 1,653 sq ft home built in 1939 sits in Mount Olive in Ypsilanti.
This home sold for $91,000 (about $55/sq ft).
Annual property taxes run approximately $2,945 ($245/month). 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
Bedrooms3
Bathrooms1
Living Area1,653 sqft
Lot Size0.36 acres
Year Built1939
Stories1
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
ConstructionAluminum Siding
BasementFull
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected
InteriorCeiling Fan(s), Eat-in Kitchen
Sale & Financing
Listed4/30/2013
Sold Date9/30/2013
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,945
Tax Year2012
Assessed Value$2,945
Parcel #11-11-03-328-015
Source: SparkMLS
Legal Description
Lot 9 Palma Subdivsion
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Nancy Bowerbank
The Charles Reinhart Company
Frequently Asked Questions about 505 E Forest Avenue, Ypsilanti, MI 48198
Which school district serves 505 E Forest Avenue, Ypsilanti, MI 48198?
Per MLS# 23057576, 505 E Forest Avenue, Ypsilanti, MI 48198 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.
What type of financing is accepted for this listing?
Per MLS# 23057576, this listing accepts Cash, FHA, VA Loan, 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 505 E Forest Avenue, Ypsilanti, MI 48198?
Per public tax records, annual property taxes for this property are $2,945 (2012). 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, 505 E Forest Avenue, Ypsilanti, MI 48198 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 505 E Forest Avenue, Ypsilanti, MI 48198?
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.
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Principal & interest$584
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Property
505 E Forest Avenue, Ypsilanti, MI 48198
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Neighborhood
Mount Olive
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Community
Ypsilanti
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County
Washtenaw County
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