NOT LISTED FOR SALE
-- Bed
-- Bath
9,000 Sq Ft
3,920 Sq Ft Lot

Last Sold May 08, 2015

Last sale price $895,000 $99 Per Sq Ft

162 Days on Market

About This Home

As of May 2015

This home is located at 46 E Cross St, Ypsilanti, MI 48198 since 21 August 2014. This property was built in 1859. 46 E Cross St is a home located in Washtenaw County with nearby schools including Holmes Elementary School, Estabrook Elementary School, and Erickson Elementary School.

Last Agent to Sell the Property

Dennis Longo

Premier Choice Realty License #6502335196 Listed on: 08/21/2014

Last Buyer's Agent

Deborah Chapel

Real Estate One Inc License #6501188817

Real Estate One Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,732

Year Built

  • Built in 1859

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 132x82 61x95

Parking

  • 19 Parking Spaces

Basement

  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tenant pays for electric

Community Details

Building Details

  • Insurance Expense $4,413
  • Gross Income $110,328

Additional Features

  • 9 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,732

Year Built

Built in 1859

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1859
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 132x82 61x95
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 10732.0
  • Tax Info:Zoning3: B-3
  • General Property Info:Total _pound_ Units: 9
  • Substructure:Full: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Block
  • List Price: 895000.0

Garage/Parking

  • Total Parking Spaces: 19.0
  • General Property Info:Total Parking Spaces: 19.0

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 132x82 61x95
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: B-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 110328.0
  • Insurance Expense: 4413.0
  • Number of Units Total: 9

Tax Info

  • Tax Annual Amount: 10732.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2019
Sold by
Cross Street Holdings Llc
Bought by
Greenlee French Llc

Purchase Details

Listed on
Aug 21, 2014
Closed on
May 8, 2015
Sold by
Reid Phyllis M
Bought by
Reid Richard M and Reid Phyllis M
Seller's Agent
Dennis Longo
Premier Choice Realty
Buyer's Agent
Deborah Chapel
Real Estate One Inc
List Price
$895,000
Sold Price
$895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
3.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2007
Sold by
Reid Phyllis M
Bought by
Reid Richard M and Reid Phyllis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2006
Sold by
Richard Ventures Llc
Bought by
Reid Phyllis M and Hooks Phyllis M

Purchase Details

Closed on
Dec 21, 2001
Sold by
Reid Richard M Trust
Bought by
Richard Ventures Llc

Purchase Details

Closed on
Mar 2, 1998
Sold by
Dodd Thomas E
Bought by
Novak Richard M Reid Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.08%
Mortgage Type
Commercial
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
Greenlee French Llc $1,250,000 None Available
Reid Richard M -- None Available
Reid Richard M -- Campbell Title
Cross Street Holdings Llc $895,000 None Available
Reid Richard M -- None Available
Reid Phyllis M -- None Available
Richard Ventures Llc -- --
Novak Richard M Reid Marian $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cross Street Holdings Llc $695,000
Previous Owner Reid Richard M $153,000
Previous Owner Reid Richard M $160,000
Previous Owner Novak Richard M Reid Marian $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $895,000 0.0% $99 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
08/21/2014 08/21/14 For Sale $895,000 -- $99 / 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 $37,895 $547,100 $0 $0
2024 $37,895 $504,800 $0 $0
2023 $36,336 $494,400 $0 $0
2022 $37,471 $438,800 $0 $0
2021 $36,797 $423,700 $0 $0
2020 $37,604 $411,600 $0 $0
2019 $28,524 $348,300 $348,300 $0
2018 $26,782 $328,700 $0 $0
2017 $26,240 $327,600 $0 $0
2016 $26,561 $300,700 $0 $0
2015 -- $127,823 $0 $0
2014 -- $123,830 $0 $0
2013 -- $123,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17790

Southwestern Michigan Association of REALTORS®

APN: 11-09-131-005