Sold
514 CONGRESS Street, Ypsilanti, MI 48197
Sold on 03/29/2024 for$212,000
MLS # 20230064654 (Realcomp)
4 beds2 baths1,292 sqftBuilt 19200.22 acres
1 / 7
Listing Description
**INVESTOR SPECIAL** **PACKAGE DEAL OR SOLD INDIVIDUALLY** All Located in the heart of Ypsilanti only blocks away from Eastern University. Units are 100% Leased, Needless to say there is no shortage of tenants here! You won't have any issue keeping these properties occupied and cash-flowing! (Package deal available with 6 properties total) I've included a packet of info on all the properties along with selling price of each. ***Offer must be submitted before viewing***
Source: SparkMLS
About this home
4-bedroom, 2-bath, 1,292 sq ft home in Midtown in Ypsilanti built in 1920.
This home sold for $212,000 (about $164/sq ft).
Property tax estimate: $4,479 per year ($373/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 Area1,292 sqft
Lot Size0.22 acres
Year Built1920
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48197
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
ConstructionBrick
BasementMichigan Basement
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed9/22/2023
Sold Date3/28/2024
Original Price$280,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,479
Parcel #111140464037
Source: SparkMLS
Legal Description
OLD 11-010-314-00 YP CITY 1-W287 COM AT SE COR LOT 1 CROSS & BAGLEY'S ADDN, TH E ALONG N LN OF CONGRESS ST, 182.51 FTTO POB, TH N 1-09-00 W 198.96 FT TO S LN STUCK'S ADDN, TH 47.23 FT ALONG S LNTH S 01-09-00 E 198.96 FT TON LN CONGRESS ST, TH ALONG NLN 47.23 FT TO POB. 2-1-88
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jiryes Jarrous
Century 21 Curran & Oberski
Frequently Asked Questions about 514 CONGRESS Street, Ypsilanti, MI 48197
Which school district serves 514 CONGRESS Street, Ypsilanti, MI 48197?
Per MLS# 20230064654, 514 CONGRESS Street, Ypsilanti, MI 48197 is in the Ypsilanti boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ypsilanti directly to confirm enrollment eligibility.
What financing options are available for 514 CONGRESS Street, Ypsilanti, MI 48197?
Per MLS# 20230064654, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 514 CONGRESS Street, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $4,479. 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, 514 CONGRESS 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.
Is 514 CONGRESS Street, Ypsilanti, MI 48197 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 514 CONGRESS Street, Ypsilanti, MI 48197?
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.
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.
Map
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Monthly payment$1,394
Principal & interest$1,394
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
514 CONGRESS 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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