Sold
853 Madison Street, Ypsilanti, MI 48197
Sold on 09/28/2018 for$68,000
MLS # 49386 (Michigan Regional Information Center (MichRIC))
5 beds3 baths1,862 sqftBuilt 19560.14 acres
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Listing Description
A Single Family home that was once a duplex for those looking to convert back to investment property or live in one side as a good first time buyer investment you can move on from in the future and continue to rent out. Home needs TLC but offers lots of potential. Has been freshly painted and could us touch ups now on the outside and maybe some carpet upgrade and light maintenance. Basement has egress windows. Home providing easy access from commuters to I-94. Potential for Duplex Use. All Mechanicals are working.
Source: SparkMLS
About this home
Located in Parkridge Southside in Ypsilanti, this property offers 5-bedroom, 3-bath, 1,862 sq ft, with original construction dating to 1956.
Closed at $68,000 (about $37/sq ft).
Annual property taxes run approximately $2,389 ($199/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms3
Living Area1,862 sqft
Lot Size0.14 acres
Year Built1956
Stories2
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48197
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
StyleOther
ConstructionVinyl Siding
BasementFull
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed9/5/2018
Sold Date9/27/2018
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,389
Tax Year2018
Assessed Value$36,006
Parcel #11-11-37-152-007
Source: SparkMLS
Legal Description
*OLD SID - 11 11-475-260-00 YP CITY 48W-173 LOT 260 PARK RIDGE.
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Thomas Stachler
Real Estate One Inc
Frequently Asked Questions about 853 Madison Street, Ypsilanti, MI 48197
Which school district serves 853 Madison Street, Ypsilanti, MI 48197?
Per MLS# 49386, 853 Madison Street, Ypsilanti, MI 48197 is in the School District of Ypsilanti boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact School District of Ypsilanti directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 49386, 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 853 Madison Street, Ypsilanti, MI 48197?
Per public tax records, annual property taxes for this property are $2,389 (2018). 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, 853 Madison 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 utilities serve 853 Madison Street, Ypsilanti, MI 48197?
Per Michigan Public Service Commission service territory data: 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.
Mortgage Calculator
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Monthly payment$422
Principal & interest$422
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Property
853 Madison Street, Ypsilanti, MI 48197
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Neighborhood
Parkridge Southside
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Community
Ypsilanti
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County
Washtenaw County
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