Sold
986 Madison Street, Ypsilanti, MI 48197
Sold on 03/06/2019 for$170,000
MLS # 23120302 (Michigan Regional Information Center (MichRIC))
6 beds3 baths4,433 sqftBuilt 19280.6 acres
1 / 43
Listing Description
Historic Ypsilanti home on a quadruple lot with so much to offer! The original main house (U1) was built and owned by the Goodman family and has a rich history and lovely details. Many potential uses for the adjacent 1BR apartment (U2) addition including: lease for additional income; house a relative, guest or au pair; or as a home business. Detached 2-car garage also has a 1-BR apartment (U3) with separate utilities. U1 is approx 2800 sq ft across 3 floors; newer appliances and paint, hardwood, large room sizes and a grand entry. Roof 2012, updated bathroom. Newer window in attic BR. U2 has central air, fireplace, hardwood floors, 1BR/1BA and a fun bar area. Could be reconfigured or combined with U1 easily. U3 has rented for $600/mo and would be another ideal workspace or guest quarters.
Source: SparkMLS
About this home
This 6-bedroom, 3-bath, 4,433 sq ft home built in 1928 sits in Parkridge Southside in Ypsilanti.
Closed at $170,000 (about $38/sq ft).
Property tax estimate: $2,778 per year ($232/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Tour
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms6
Bathrooms3
Living Area4,433 sqft
Lot Size0.6 acres
Year Built1928
Stories3
Location
CityYpsilanti
MunicipalityYpsilanti City
Zip Code48197
CountyWashtenaw
School DistrictSchool District of Ypsilanti
Construction & Systems
StyleColonial
ConstructionWood Siding
BasementCrawl Space, Partial
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Connected, Cable Connected, Storm Sewer
InteriorGarage Door Opener, Guest Quarters, Eat-in Kitchen
Sale & Financing
Listed8/2/2018
Sold Date3/5/2019
Original Price$200,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,778
Tax Year2018
Assessed Value$32,764
Parcel #111137130013
Source: SparkMLS
Legal Description
REWRITE PER OWNER REQUEST YPC 48W-206A LOTS 312 & 313 & W'LY 5 FT LOT 314 PARK RIDGE SUBDIVISION.
Property Records
USDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Sara C Maddock
Berkshire Hathaway HomeService
Frequently Asked Questions about 986 Madison Street, Ypsilanti, MI 48197
What school district is 986 Madison Street, Ypsilanti, MI 48197 in?
Per MLS# 23120302, this property is served by School District of Ypsilanti. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 23120302, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 23120302, the most recent reported annual property tax for 986 Madison Street, Ypsilanti, MI 48197 is $2,778 (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.
Is 986 Madison Street, Ypsilanti, MI 48197 eligible for USDA financing?
Per USDA Rural Development boundary data, 986 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: 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.
Mortgage Calculator
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Monthly payment$1,135
Principal & interest$1,135
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Property
986 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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