NOT LISTED FOR SALE

405 S Hamilton St Ypsilanti, MI 48197

Historic South Side Neighborhood

Estimated Value: $193,000 - $226,000

2 Beds
2 Baths
-- Sq Ft
6,490 Sq Ft Lot

Last Sold June 03, 2021

Last sale price $160,000

Est. 28% increase in value since last sale

Current estimated payment $1,450/month

21 Days on Market

About This Home

As of June 2021

This home is located at 405 S Hamilton St, Ypsilanti, MI 48197 since 04 March 2021 and is currently estimated at $205,428. This property was built in 1959. 405 S Hamilton St is a home located in Washtenaw County with nearby schools including Erickson Elementary School, Estabrook Elementary School, and Holmes Elementary School.

Last Agent to Sell the Property

Richard Davis

Century 21 Affiliated License #6501297476 Listed on: 03/04/2021

Century 21 Affiliated

Last Buyer's Agent

Eric Walz

Walz Realty, LLC License #6502433013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1959

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions are 52 x 125

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation

Schools

  • Ypsilanti Elementary And Middle School
  • Ypsilanti High School

Community Details

  • 2 Units
  • Laundry Facilities
  • Gross Income $17,820

Listing and Financial Details

  • Tenant pays for electric, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,748

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1959
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 52 X 125
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 2748.0
  • Tax Info:Zoning3: Cn-M
  • General Property Info:Total _pound_ Units: 2
  • Substructure:Slab: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Ypsilanti
  • General Property Info High School: Ypsilanti
  • General Property Info Middle School2: Ypsilanti
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other, Slab
  • Basement: No

Exterior Features

  • Construction Materials: Block
  • List Price: 169900.0

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Schools

  • Elementary School: Ypsilanti
  • High School: Ypsilanti
  • Middle/Junior School: Ypsilanti

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Dimensions: 52 X 125
  • Lot Size Sq Ft: 6490.0
  • Zoning Description: Cn-M
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 17820.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2748.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 30, 2021
Sold by
Odum & Associates Llc
Bought by
Williams Clifton and Frantz Erica
Seller's Agent
Richard Davis
Century 21 Affiliated
Buyer's Agent
Eric Walz
Walz Realty, LLC
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$205,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,428
Avg. Annual Appreciation
5.48%
Original Mortgage
$120,000
Outstanding Balance
$109,211
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$91,528

Purchase Details

Closed on
Jan 5, 2012
Sold by
407 Hamilton Llc
Bought by
Odum & Associates Llc

Purchase Details

Closed on
Jan 23, 2007
Sold by
Odum Ikechukwu and Odum Naly C
Bought by
407 Hamilton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2004
Sold by
Odum & Associates Llc
Bought by
407 Hamilton Llc

Purchase Details

Closed on
May 17, 2002
Sold by
Odum Ikechukwu C
Bought by
Odum & Associates Llc

Purchase Details

Closed on
Apr 26, 2002
Sold by
Bogs Properties Llc
Bought by
Odum Ikechukwu C
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
Williams Clifton $160,000 Cislo Ttl Co Ttl Ins & Ewscr
Odum & Associates Llc -- None Available
407 Hamilton Llc -- Transnation Title Ins Co
Odum Ikechukwu -- Transnation Title Ins Co
407 Hamilton Llc -- --
Odum & Associates Llc -- --
Odum Ikechukwu C $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Clifton $120,000
Previous Owner Odum Ikechukwu $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $160,000 -5.8% --
03/25/2021 03/25/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $169,900 -- --
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 $4,066 $70,200 $0 $0
2024 $4,066 $69,800 $0 $0
2023 $3,834 $50,300 $0 $0
2022 $3,960 $46,500 $0 $0
2021 $2,687 $43,900 $0 $0
2020 $2,748 $38,600 $0 $0
2019 $2,652 $38,700 $38,700 $0
2018 $2,488 $38,200 $0 $0
2017 $2,438 $35,400 $0 $0
2016 $2,468 $28,533 $0 $0
2015 -- $28,448 $0 $0
2014 -- $28,400 $0 $0
2013 -- $28,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Davis

    Seller's Agent in 2021

    Richard Davis

    Century 21 Affiliated

    (734) 945-9555

    2 in this area

    54 Total Sales

    Richard Davis
    Section Image

  • E

    Buyer's Agent in 2021

    Eric Walz

    Walz Realty, LLC

    (734) 657-3361

    1 in this area

    87 Total Sales

    Eric Walz
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19942

Southwestern Michigan Association of REALTORS®

APN: 11-39-415-005

Michigan Washtenaw County Ypsilanti 48197 Historic South Side

405 S Hamilton St, Ypsilanti, MI

This home is located at 405 S Hamilton St, Ypsilanti, MI 48197 since 04 March 2021 and is currently estimated at $205,428. This property was built in 1959. 405 S Hamilton St is a home located in Washtenaw County with nearby schools including Erickson Elementary School, Estabrook Elementary School, and Holmes Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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