Sold
516 E Forest Avenue, Ypsilanti, MI 48198
Sold on 01/30/2019 for$160,000
MLS # 23084474 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,572 sqftBuilt 18700.18 acres
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Listing Description
***This home qualifies for a $15K Grant From MSHDA, talk to your lender for details*** This quintessential historic farmhouse is ready for its newest owner to carry on its legacy! This home has beautiful historic features mixed with tasteful and thoughtful updates that makes for a home that blends perfectly! Located next to everything from our great restaurants, to parks, and backing up to highly rated Ypsilanti International Elementary School. Experience a wonderful walkable lifestyle in historic Depot Town!, Rec Room: Space
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,572 sq ft home built in 1870 sits in Prospect Park in Ypsilanti.
Final sale price: $160,000 (about $102/sq ft).
Property tax estimate: $342,733 per year ($28,561/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
Bathrooms2
Living Area1,572 sqft
Lot Size0.18 acres
Year Built1870
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
StyleHistoric
ConstructionVinyl Siding, Wood Siding
BasementCrawl Space, Partial, Slab
Garage2 spaces
HeatingHot Water
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected, Storm Sewer
InteriorCeiling Fan(s), Eat-in Kitchen
Sale & Financing
Listed10/31/2018
Sold Date1/29/2019
Terms AcceptedCash, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$342,733
Tax Year2018
Assessed Value$52,903
Parcel #11-11-03-355-002
Source: SparkMLS
Legal Description
*OLD SID - 11 11-220-609-00 YP CITY 10E-8 W 60 FT OF LOTS 609 & 610 FOLLETT & VOUGHT AND HOLMES ADDI
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tyler Weston
Real Estate One Inc
Frequently Asked Questions about 516 E Forest Avenue, Ypsilanti, MI 48198
What school district is 516 E Forest Avenue, Ypsilanti, MI 48198 in?
Per MLS# 23084474, 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.
Can I use FHA or VA financing for this property?
Per MLS# 23084474, 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# 23084474, the most recent reported annual property tax for 516 E Forest Avenue, Ypsilanti, MI 48198 is $342,733 (2018). 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 516 E Forest Avenue, Ypsilanti, MI 48198 eligible for USDA financing?
Per USDA Rural Development boundary data, 516 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: 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.
Mortgage Calculator
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Monthly payment$1,102
Principal & interest$1,102
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
516 E Forest Avenue, Ypsilanti, MI 48198
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Neighborhood
Prospect Park
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Community
Ypsilanti
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County
Washtenaw County
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