NOT LISTED FOR SALE

1597 N Prospect Rd Ypsilanti, MI 48198

Estimated Value: $208,000 - $244,000

2 Beds
1 Bath
1,004 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $178,000 $177 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,453/month

62 Days on Market

Highlights

  • 1.17 Acre Lot
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of March 2022

Looking for a well located investment property or starter home? Take this cozy 1.5 story on 1.17 acres with a 2 car garage, to the next level! The current owners have given you a good head start. Seller has installed a new roof, new furnace, new vinyl plank floors, new cabinets, new tub, new toilet, new sink, new light fixtures, interior paint, partial exterior paint, new garage door, new countertops, new fixtures and blinds. Don't miss this opportunity!

Last Agent to Sell the Property

Jeremy Dantzler

Provident R. E. Associates License #6502348865 Listed on: 12/16/2021

Last Buyer's Agent

Jeremy Dantzler

Provident R. E. Associates License #6502348865 Listed on: 12/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 1938

Lot Details

  • 1.17 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,004 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Laundry on lower level
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,317

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1938
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1004.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 2317.47
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Window Treatments: Yes
  • General Property Info:SqFt Above Grade: 1004.0
  • Laundry Features Lower Level: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Garage Door Opener
  • Fireplace Features: Wood Burning, Other
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab, Other
  • LivingArea: 1004.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.5
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding, Other
  • List Price: 193900.0
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 1.17
  • Lot Size Area: 1.17
  • Lot Size Sq Ft: 50965.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2317.47
  • Tax Year: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Mar 4, 2022
Sold by
Frazier Yuko N
Bought by
Pico Gerardo
Seller's Agent
Jeremy Dantzler
Provident R. E. Associates
Buyer's Agent
Jeremy Dantzler
Provident R. E. Associates
List Price
$193,900
Sold Price
$178,000
Premium/Discount to List
-$15,900
-8.2%
Current Estimated Value
$226,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,089
Avg. Annual Appreciation
5.64%
Original Mortgage
$142,400
Outstanding Balance
$116,978
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$98,461

Purchase Details

Closed on
Jul 12, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Frazier Yuko N

Purchase Details

Closed on
Apr 6, 2009
Sold by
Suntrust Mortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 2, 2008
Sold by
Kutella Gregory J and Kutella Trina L
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
May 20, 2002
Sold by
Kutella Gregory J
Bought by
Kutella Gregory J

Purchase Details

Closed on
Nov 22, 1995
Sold by
Schurman Stephen D
Bought by
Kutella Gregory J and Kutella Trina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,200
Interest Rate
7.44%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Pico Gerardo $178,000 Liberty Title
Frazier Yuko N $22,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Suntrust Mortgage Inc $154,840 None Available
Kutella Gregory J -- --
Kutella Gregory J $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pico Gerardo $142,400
Previous Owner Kutella Gregory J $150,220
Previous Owner Kutella Gregory J $82,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $178,000 -8.2% $177 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $193,900 -- $193 / 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 $2,652 $84,400 $0 $0
2024 $1,895 $76,100 $0 $0
2023 $1,847 $68,000 $0 $0
2022 $2,317 $63,700 $0 $0
2021 $2,253 $65,400 $0 $0
2020 $2,229 $64,300 $0 $0
2019 $2,172 $57,400 $57,400 $0
2018 $1,930 $53,400 $27,500 $25,900
2017 $1,851 $53,400 $0 $0
2016 $1,381 $49,696 $0 $0
2015 $1,703 $49,548 $0 $0
2014 $1,703 $48,000 $0 $0
2013 -- $48,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 53686

Southwestern Michigan Association of REALTORS®

APN: 10-33-400-019