For Sale
5438 Grayfield Circle, Ypsilanti, MI 48197
$199,900
MLS # 20261046104 (Realcomp)
3 beds2 baths1,492 sqftBuilt 19790.25 acres
1 / 23
Listing Description
Great price on this home that needs a bit of rehab. Nice neighborhood and close to Ford Lake. 3 bedroom tri-level with an enclosed patio, attached garage and nice size "pie shaped" lot. 3 bedrooms, 1.5 baths, family room, dining area and lower level laundry/furnace room. Living room features a bay window and opens to dining area and galley kitchen. Primary bedroom with access to main bath. Spacious lower level family room. newer hot water heater, circuit breakers, vinyl windows, copper plumbing. Cash offers are preferred. Sold as is.
Source: SparkMLS
About this home
3-bedroom, 2-bath, 1,492 sq ft home in Ford Lake Village in Ypsilanti built in 1979.
Listed at $199,900 (about $134/sq ft).
Property tax estimate: $3,105 per year ($259/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
Bedrooms3
Bathrooms2
Living Area1,492 sqft
Lot Size0.25 acres
Year Built1979
Stories3
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48197
CountyWashtenaw
School DistrictLincoln Consolidated
Construction & Systems
ConstructionAluminum Siding, Vinyl Siding
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed6/18/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,105
Parcel #K01122429312
Source: SparkMLS
Legal Description
YP#173-312 LOT 312 SMOKLER TEXTILE SUB NO.3
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Christine M Peterson
Century 21 Dynamic Realty
Frequently Asked Questions about 5438 Grayfield Circle, Ypsilanti, MI 48197
Which school district serves 5438 Grayfield Circle, Ypsilanti, MI 48197?
Per MLS# 20261046104, 5438 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 type of financing is accepted for this listing?
Per MLS# 20261046104, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5438 Grayfield Circle, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $3,105. 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, 5438 Grayfield Circle, Ypsilanti, MI 48197 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 5438 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 5438 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$1,297
Principal & interest$1,297
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
5438 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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