Sold
518 Thomas Street, Ypsilanti, MI 48198
Sold on 07/16/2015 for$106,000
MLS # 44344 (Michigan Regional Information Center (MichRIC))
3 beds1 bath2,168 sqftBuilt 19480.18 acres
1 / 13
Listing Description
BACK ON THE MARKET AND BETTER THAN EVER!!!FRESHLY PAINTED AND NEW FLOORING!WHAT A FIND! THIS CHARMER HAS IT ALL! GREAT LOCATION AND DESIRABLE AREA AT A FANTASTIC PRICE! HOME BOASTS THREE GENEROUS SIZE BEDROOMS A PARTIALLY FINSIHED BASEMENT WITH BUILT IN SHELVING AND BAR AREA. ALL OF THE BIG TICKET ITEMS DONE.. LIKE THE FURNACE, HT2O, ELECTRICAL WINDOWS, ROOF, SIDING AND MORE! WALK TO SCHOOL, PUBLIC TRANSPORTATION, PARKS AND MORE. GREAT LOCATION FOR COMMUTERS.. QUICK ACCESS TO M14/US23 AND I94. DON'T DELAY! MAKE THIS YOUR HOME SWEET HOME TODAY! CURRENTLY THE TAXES IN THE ASSESSOR SITE SHOW TAXES AT 100% HOMESTEAD, BUT PROVIDES A NON HOMESTEAD AMOUNT. THIS WILL BE CORRECTED IN NEXT MONTH PER TOWNSHIP. TAXES ARE 100% HOMESTEAD AND THE AMOUNT WILL BE LOWER THAN PRESENTLY SHOWN.
Source: SparkMLS
About this home
Located in Mount Olive in Ypsilanti, this property offers 3-bedroom, 1-bath, 2,168 sq ft, with original construction dating to 1948.
This home sold for $106,000 (about $49/sq ft).
Property tax estimate: $100 per year ($8/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 Area2,168 sqft
Lot Size0.18 acres
Year Built1948
Stories0
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48198
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
ConstructionVinyl Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected
InteriorCeiling Fan(s), Eat-in Kitchen
Sale & Financing
Listed5/3/2015
Sold Date7/15/2015
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$100
Tax Year2014
Assessed Value$33,934
Parcel #11-11-03-330-003
Source: SparkMLS
Legal Description
*OLD SID - 11 11-350-056-00 YP CITY 19E-56 LOT 56 LINDSAY GARDENS SUB.
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Christi Rice
RE/MAX Platinum
Frequently Asked Questions about 518 Thomas Street, Ypsilanti, MI 48198
Which school district serves 518 Thomas Street, Ypsilanti, MI 48198?
Per MLS# 44344, 518 Thomas Street, 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# 44344, 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 518 Thomas Street, Ypsilanti, MI 48198?
Per public tax records, annual property taxes for this property are $100 (2014). 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, 518 Thomas Street, 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 518 Thomas Street, 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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Monthly payment$674
Principal & interest$674
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Property
518 Thomas Street, 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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