Pending
5665 Caren Drive, Ypsilanti, MI 48197
$275,000
MLS # 26023237 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,705 sqftBuilt 19880.22 acres
1 / 66
Listing Description
Excellent value in this 3-bedroom 2-bath colonial in Oakland Estates. 5665 Caren is tucked towards the back of a quiet residential street near Whittaker and Textile. Conveniently located for the University of Michigan, Ann Arbor and downtown Ypsilanti. Inside you'll find a perfectly sized home with some improvements; new flooring, carpet, and fresh primer, a remodeled first-floor bath, HVAC updated 2024, new garage door opener, 200amp basement panel, and more. Ypsilanti Twp taxes and Lincoln Consolidated Schools. Multiple offers have been received, the seller requests all offers submitted by 6pm Thursday 5/21/26
Source: SparkMLS
About this home
Located in Oakland Estates in Ypsilanti, this property offers 3-bedroom, 2-bath, 1,705 sq ft, with original construction dating to 1988.
Asking $275,000 (about $161/sq ft).
Property tax estimate: $4,173 per year ($348/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.
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Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,705 sqft
Lot Size0.22 acres
Year Built1988
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti Twp
Zip Code48197
CountyWashtenaw
School DistrictLincoln Consolidated
Construction & Systems
StyleColonial
ConstructionVinyl Siding
BasementFull, Slab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/18/2026
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,173
Tax Year2025
Assessed Value$81,509
Parcel #K-11-21-475-196
Source: SparkMLS
Legal Description
YP#175-196 LOT 196 OAKLAND ESTATES #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 Alexander Munro
Munro Real Estate & Developmnt
Frequently Asked Questions about 5665 Caren Drive, Ypsilanti, MI 48197
Which school district serves 5665 Caren Drive, Ypsilanti, MI 48197?
Per MLS# 26023237, 5665 Caren Drive, 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 5665 Caren Drive, Ypsilanti, MI 48197?
Per MLS# 26023237, this listing accepts Cash, FHA, VA Loan, 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 5665 Caren Drive, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $4,173 (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, 5665 Caren Drive, 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 5665 Caren Drive, 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 5665 Caren Drive, 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$1,784
Principal & interest$1,784
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
5665 Caren Drive, Ypsilanti, MI 48197
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Neighborhood
Oakland Estates
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Community
Ypsilanti
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County
Washtenaw County
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