NOT LISTED FOR SALE

1180 E Cross St Ypsilanti, MI 48198

Estimated Value: $1,435,678

-- Bed
-- Bath
12,630 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $1,200,000 $95 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,025/month

41 Days on Market

Highlights

  • 1.17 Acre Lot
  • Central Air
  • Laundry Facilities

About This Home

As of April 2023

This home is located at 1180 E Cross St, Ypsilanti, MI 48198 since 17 March 2023 and is currently estimated at $1,435,678, approximately $113 per square foot. This property was built in 1967. 1180 E Cross St is a home located in Washtenaw County with nearby schools including Holmes Elementary School, Erickson Elementary School, and Estabrook Elementary School.

Last Agent to Sell the Property

Tom Stachler

Real Estate One Inc License #6506012423 Listed on: 03/17/2023

Real Estate One Inc

Last Buyer's Agent

Tom Stachler

Real Estate One Inc License #6506012423 Listed on: 03/17/2023

Real Estate One Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,261

Year Built

  • Built in 1967

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 177 x 302 x 176 x 290

Parking

  • 32 Parking Spaces

Basement

  • Crawl Space

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric

Community Details

Overview

  • Property has a Home Owners Association
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $100
  • Gross Income $124,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,261

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1967
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 177 x 302 x 176 x 290
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 13261.11
  • Tax Info:Zoning3: BA
  • General Property Info:Total _pound_ Units: 16
  • Air Conditioning:Central Air: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Other
  • List Price: 1200000.0

Garage/Parking

  • Total Parking Spaces: 32.0
  • General Property Info:Total Parking Spaces: 32.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Cable TV: Yes

Lot Info

  • Lot Size Acres: 1.17
  • Lot Size Area: 1.17
  • Lot Dimensions: 177 x 302 x 176 x 290
  • Lot Size Sq Ft: 50965.0
  • Zoning Description: BA
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 124996.0
  • Insurance Expense: 100.0
  • Number of Units Total: 16

Tax Info

  • Tax Annual Amount: 13261.11
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 27, 2023
Sold by
Cross Street Llc
Bought by
762 Properties Llc
Seller's Agent
Tom Stachler
Real Estate One Inc
Buyer's Agent
Tom Stachler
Real Estate One Inc
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,435,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,678
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Jul 28, 2006
Sold by
Reese Dyke
Bought by
Cross Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2006
Sold by
Anhut Mary Claire
Bought by
Reese Laura and Reese Dirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2006
Sold by
Anhut Frances M
Bought by
Reese Laura and Reese Dirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 20, 2006
Sold by
Anhut William F and Anhut Mary Claire
Bought by
The Mary Claire Anhut Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2004
Sold by
Anhut Frances M and Alcaide Frances N
Bought by
Anhut Frances M and Frances M Anhut Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
762 Properties Llc $1,200,000 Devon Title
Cross Street Llc -- Fatic
Cross Street Llc -- Fatic
Reese Laura $287,500 Fatic
Reese Laura $287,500 Fatic
The Mary Claire Anhut Revocable Trust -- Fatic
Anhut Frances M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reese Laura $460,000
Previous Owner Reese Laura $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $1,200,000 0.0% $95 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $1,200,000 -- $95 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $395,300 $0 $0
2024 -- $397,000 $0 $0
2023 -- $368,500 $0 $0
2022 $11,351 $329,800 $0 $0
2021 $11,351 $295,000 $0 $0
2020 $11,351 $267,800 $0 $0
2019 $11,351 $262,900 $262,900 $0
2018 $0 $249,100 $0 $0
2017 $11,383 $234,700 $0 $0
2016 $8,273 $173,033 $0 $0
2015 $10,718 $172,516 $0 $0
2014 $10,718 $179,500 $0 $0
2013 -- $179,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 16943

Southwestern Michigan Association of REALTORS®

APN: 11-10-125-012