Sold
5408 Grayfield Circle, Ypsilanti, MI 48197
Sold on 05/19/2026 for$315,000
MLS # 26013653 (Michigan Regional Information Center (MichRIC))
4 beds3 baths1,976 sqftBuilt 19790.18 acres
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Listing Description
Welcome Home to this Wonderful 2 Story located in Ypsilanti Township! This large 4 bedroom 2 1/2 bath home features 1976 sq ft, a 2.5 car attached garage and fully fenced backyard. The full basement is ready for your finishing touches. The bedrooms are generously sized with the primary featuring his and hers walk in closets. Storage is not a problem in this property. Recent updates include Windows and roof. All appliances included. This Home is located close to shopping parks and restaurants. Call for you private tour today!
Source: SparkMLS
About this home
4-bedroom, 3-bath, 1,976 sq ft home in Ford Lake Village in Ypsilanti built in 1979.
This home sold for $315,000 (about $159/sq ft).
Estimated annual property tax: $4,436, or about $370 monthly. 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
Bathrooms3
Living Area1,976 sqft
Lot Size0.18 acres
Year Built1979
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48197
CountyWashtenaw
School DistrictLincoln Consolidated
Construction & Systems
StyleColonial
ConstructionAluminum Siding, Wood Siding
BasementCrawl Space, Partial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorGarage Door Opener
Sale & Financing
Listed4/5/2026
Sold Date5/18/2026
Terms AcceptedFHA, VA Loan, Rural Development, MSHDA, Conventional
Concessions$5,000
Source: SparkMLS
Tax Information
Annual Tax$4,436
Tax Year2025
Assessed Value$85,992
Parcel #K-11-22-429-317
Source: SparkMLS
Legal Description
YP#173-317 LOT 317 SMOKLER TEXTILE SUB NO.3
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael Lee
Real Estate One Inc
Frequently Asked Questions about 5408 Grayfield Circle, Ypsilanti, MI 48197
Which school district serves 5408 Grayfield Circle, Ypsilanti, MI 48197?
Per MLS# 26013653, 5408 Grayfield Circle, Ypsilanti, MI 48197 is in the Lincoln Consolidated boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Lincoln Consolidated directly to confirm enrollment eligibility.
What financing options are available for 5408 Grayfield Circle, Ypsilanti, MI 48197?
Per MLS# 26013653, this listing accepts FHA, VA Loan, Rural Development, MSHDA, 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 5408 Grayfield Circle, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $4,436 (2025). 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, 5408 Grayfield Circle, 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 5408 Grayfield Circle, 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 5408 Grayfield Circle, 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.
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Monthly payment$2,042
Principal & interest$2,042
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
5408 Grayfield Circle, Ypsilanti, MI 48197
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Neighborhood
Ford Lake Village
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Community
Ypsilanti
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County
Washtenaw County
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