$309,000
SOLD FEB 23, 2018

306 S Prospect St Ypsilanti, MI 48198

Historic South Side Neighborhood
10 Beds
6 Baths
4,788 Sq Ft
0.25 Acres

Recently Sold

$65 Per Sq Ft

6% Below List Price

150 Days on Market

Highlights

  • Covered patio or porch
  • Hot Water Heating System
  • Satellite Dish
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of January 2020

NO SHOWINGS AT THIS TIME. BUYER COULD NOT GET FINANCING, INSPECTION DONE. UPDATED BUILDING WITH FRESH PAINT AND NEW APPLIANCES. THERE ARE 6 UNITS. 4 EACH HAS 2 BEDROOMS AND A FULL BATH AND 2 HAVE 1 BEDROOM AND A FULL BATH. THERE IS TONS OF PARKING. 24 HR NOTICE TO SHOW. COIN LAUNDRY FOR ADDED INCOME. OCCUPANTS WILL BE OUT BY CLOSING.
2 MINUTES TO I-94 AND US 23.

Last Agent to Sell the Property

Mary Wilson

Real Estate One-Milford License #6501298403 Listed on: 08/11/2017

Real Estate One-Milford

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled in 2016

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 87 x 125

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 6 Full Bathrooms
  • 4,788 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Parking

  • 12 Parking Spaces
  • Lighted Parking
  • Assigned Parking

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • 6 Units
  • Hunters Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111109496001
  • $4,744 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 3 Story
  • Year Built: 1965
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 4788
  • Total Sq Ft: 4788
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Satellite Dish
  • Foundation Materials: Block
  • Frontage Feet: 87
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: W

Garage/Parking

  • MF Parking: Assigned Spaces, Lighted
  • Total Parking Spaces: 12

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ypsilanti

Lot Info

  • List Price per Acre: 1316000.0000
  • Lot Size Area: 0.25
  • Lot Dimensions: 87 X 125
  • Parcel Number: 111109496001
  • Zone Conform: Yes
  • Zoning: Commercial

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 16221.0000
  • Tax Amount Winter: 333.0000
  • Total Tax: 16554.0000

Multi Family

  • Number Of Units Total: 6
  • Unit Count: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 6

MLS Schools

  • School District: Ypsilanti

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Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $55,275 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $350,000 -4.1% --
01/02/2020 01/02/20 Pending -- -- --
10/02/2019 10/02/19 For Sale $365,000 +18.1% --
02/23/2018 02/23/18 Sold $309,000 -6.1% $65 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
11/23/2017 11/23/17 For Sale $329,000 0.0% $69 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $329,000 +66.2% $69 / Sq Ft
12/16/2015 12/16/15 Sold $198,000 -7.9% --
12/09/2015 12/09/15 Pending -- -- --
11/25/2015 11/25/15 For Sale $215,000 -- --
Source: Realcomp

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 $3,455 $89,100 $0 $0
2024 $3,455 $83,500 $0 $0
2023 $3,258 $74,000 $0 $0
2022 $3,365 $66,600 $0 $0
2021 $3,306 $61,400 $0 $0
2020 $3,380 $56,800 $0 $0
2019 $3,262 $46,600 $46,600 $0
2018 $3,061 $44,800 $0 $0
2017 $2,998 $42,700 $0 $0
2016 $3,091 $35,097 $0 $0
2015 -- $34,993 $0 $0
2014 -- $33,900 $0 $0
2013 -- $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James McCarthy

    Seller's Agent in 2020

    James McCarthy

    Real Estate One Inc

    (734) 864-2442

    36 Total Sales

    James McCarthy
    Section Image
  • Andrew Watches

    Buyer's Agent in 2020

    Andrew Watches

    Keller Williams Ann Arbor Mrkt

    (734) 604-8492

    1 in this area

    68 Total Sales

    Andrew Watches
    Section Image
  • Mary Wilson

    Seller's Agent in 2018

    Mary Wilson

    Real Estate One

    (248) 755-3236

    34 Total Sales

    Mary Wilson
    Section Image

  • J

    Seller's Agent in 2015

    Jeff Scherer

    Century 21 Affiliated

    (734) 368-2594

    71 Total Sales

    Jeff Scherer
    Section Image

  • N

    Buyer's Agent in 2015

    No Member

    Non Member Sales

See All Agents

Map

Source: Realcomp

MLS Number: 217072298

Realcomp

APN: 11-10-233-006

Michigan Washtenaw County Ypsilanti 48198 Historic South Side

306 S Prospect St, Ypsilanti, MI

This home is located at 306 S Prospect St, Ypsilanti, MI 48198 and is currently priced at $309,000, approximately $64 per square foot. This property was built in 1965. 306 S Prospect St is a home located in Washtenaw County with nearby schools including Erickson Elementary School, Holmes Elementary School, and Estabrook Elementary School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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