For Sale
5702 Hampshire Lane, Ypsilanti, MI 48197
$295,000
MLS # 26008884 (Michigan Regional Information Center (MichRIC))
2 beds3 baths1,487 sqftBuilt 20040.01 acres
1 / 23
Listing Description
Wellesley Gardens 2 Bed, 2 and 1/2 Bath Condo. Move in to this very nice condo in Ann Arbor Public Schools. It has a fireplace in the livingroom, Kitchen with Granite Counters, New Stainless Steel Appliance, and extra half bath on the main floor, and attached garage. There are 2 suites on the upper level with huge walkin closets. Primary bedroom features a tray ceiling and a bathroom with both a tub and a shower. There is a clubhouse with equipment and a large pool. Access to I 94, US 23, UM, EMU and many other points nearby.
Source: SparkMLS
About this home
2-bedroom, 3-bath, 1,487 sq ft home in Wellesley Gardens Condos in Ypsilanti built in 2004.
Asking $295,000 (about $198/sq ft).
Annual property taxes run approximately $4,305 ($359/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 SubtypeCondominium
Bedrooms2
Bathrooms3
Living Area1,487 sqft
Lot Size0.01 acres
Year Built2004
Stories2
Location
CityYpsilanti
MunicipalityPittsfield Charter Twp
Zip Code48197
CountyWashtenaw
School DistrictAnn Arbor
Construction & Systems
StyleContemporary
ConstructionBrick
BasementSlab
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Storm Sewer
InteriorGarage Door Opener, Eat-in Kitchen
Sale & Financing
Listed3/14/2026
Original Price$310,000
Terms AcceptedCash, FHA, VA Loan, Conventional
HOA
HOA Fee$390 / Monthly
IncludesTrash, Snow Removal, Lawn/Yard Care
Source: SparkMLS
Tax Information
Annual Tax$4,305
Tax Year2025
Assessed Value$134,968
Parcel #L1223360046
Source: SparkMLS
Legal Description
Wellesley Gardens Condominium Unit 46
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Betsy Blackmon
Real Estate One Inc
Frequently Asked Questions about 5702 Hampshire Lane, Ypsilanti, MI 48197
Which school district serves 5702 Hampshire Lane, Ypsilanti, MI 48197?
Per MLS# 26008884, 5702 Hampshire Lane, Ypsilanti, MI 48197 is in the Ann Arbor boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Ann Arbor directly to confirm enrollment eligibility.
What financing options are available for 5702 Hampshire Lane, Ypsilanti, MI 48197?
Per MLS# 26008884, 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 5702 Hampshire Lane, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $4,305 (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, 5702 Hampshire Lane, 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 5702 Hampshire Lane, 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 5702 Hampshire Lane, 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$2,303
Principal & interest$1,913
HOA$390
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
5702 Hampshire Lane, Ypsilanti, MI 48197
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Neighborhood
Wellesley Gardens Condos
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Community
Ypsilanti
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County
Washtenaw County
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