Under Contract
700 Ferris Street, Ypsilanti, MI 48197
$250,000
MLS # 26030301 (Michigan Regional Information Center (MichRIC))
3 beds2 baths1,344 sqftBuilt 19210.21 acres
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Listing Description
Welcome to 700 Ferris Street, a classic Craftsman home in the heart of Ypsilanti, MI. This 3-bedroom, 1.5-bath property offers comfortable living with great everyday flow, a true yard for outdoor enjoyment, and key location advantages just minutes to downtown, Depot Town, Eastern Michigan University, and major community destinations along the Michigan Avenue corridor. Buyer and Buyer Agent to verify all information.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,344 sq ft home built in 1921 sits in Ypsilanti in Ypsilanti.
Listed at $250,000 (about $186/sq ft).
Annual property taxes run approximately $2,741 ($228/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 Area1,344 sqft
Lot Size0.21 acres
Year Built1921
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48197
CountyWashtenaw
School DistrictYpsilanti
Construction & Systems
StyleCraftsman
ConstructionAluminum Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesElectricity Available, Cable Available
Sale & Financing
Listed6/17/2026
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,741
Tax Year2025
Assessed Value$44,028
Parcel #11-11-39-125-020
Source: SparkMLS
Legal Description
*OLD SID - 11 11-100-015-00 YP CITY 11W-15 LOT 15 AINSWORTH PARK.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David Malcolm
The Charles Reinhart Company
Frequently Asked Questions about 700 Ferris Street, Ypsilanti, MI 48197
What school district is 700 Ferris Street, Ypsilanti, MI 48197 in?
Per MLS# 26030301, this property is served by Ypsilanti. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26030301, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26030301, the most recent reported annual property tax for 700 Ferris Street, Ypsilanti, MI 48197 is $2,741 (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.
Is 700 Ferris Street, Ypsilanti, MI 48197 eligible for USDA financing?
Per USDA Rural Development boundary data, 700 Ferris Street, 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 700 Ferris Street, Ypsilanti, MI 48197 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$1,621
Principal & interest$1,621
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
700 Ferris Street, Ypsilanti, MI 48197
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Municipality
Ypsilanti
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County
Washtenaw County
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