NOT LISTED FOR SALE

501 N Washington St Ypsilanti, MI 48197

Ypsi Riverside Neighborhood

Estimated Value: $288,000 - $315,000

-- Bed
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold February 19, 2019

Last sale price $207,000

Est. 49% increase in value since last sale

Current estimated payment $2,309/month

40 Days on Market

About This Home

As of February 2019

This home is located at 501 N Washington St, Ypsilanti, MI 48197 since 10 January 2019 and is currently estimated at $306,408. This property was built in 1844. 501 N Washington St is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Holmes Elementary School, and Erickson Elementary School.

Last Agent to Sell the Property

Timothy Choi

Keller Williams Ann Arbor Mrkt License #6501347750 Listed on: 01/10/2019

Keller Williams Ann Arbor Mrkt

Last Buyer's Agent

Ariel Hurwitz-Greene

@properties Christie's Int'lAA License #6506048591

@properties Christie's Int'lAA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,773

Year Built

  • Built in 1844

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 3 Parking Spaces

Basement

  • Michigan Basement
  • Crawl Space

Community Details

  • 2 Units
  • Laundry Facilities
  • Gross Income $27,600

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,773

Year Built

Built in 1844

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1844
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3773.0
  • Tax Info:Zoning3: RES
  • General Property Info:Total _pound_ Units: 2
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Block
  • List Price: 219900.0

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric

Multi Family

  • Gross Income: 27600.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3773.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Feb 19, 2019
Sold by
Khailany Laura A
Bought by
Harrison Lynelle L
Seller's Agent
Timothy Choi
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Ariel Hurwitz-Greene
@properties Christie's Int'lAA
List Price
$219,900
Sold Price
$207,000
Premium/Discount to List
-$12,900
-5.87%
Current Estimated Value
$308,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,933
Avg. Annual Appreciation
6.23%
Original Mortgage
$155,250
Outstanding Balance
$137,042
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$169,366
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
Harrison Lynelle L $207,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Lynelle L $155,250
Previous Owner Khailany Asad $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $207,000 -5.9% --
02/19/2019 02/19/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $219,900 -- --
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 $8,042 $121,200 $0 $0
2024 $8,042 $112,300 $0 $0
2023 $7,582 $112,700 $0 $0
2022 $7,832 $101,300 $0 $0
2021 $7,694 $93,800 $0 $0
2020 $6,270 $87,800 $0 $0
2019 $3,129 $79,900 $79,900 $0
2018 $3,698 $73,600 $0 $0
2017 $3,623 $70,300 $0 $0
2016 $3,668 $42,406 $0 $0
2015 -- $42,280 $0 $0
2014 -- $40,960 $0 $0
2013 -- $40,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Timothy Choi

    Keller Williams Ann Arbor Mrkt

    Section Image
  • Ariel Hurwitz-Greene

    Buyer's Agent in 2019

    Ariel Hurwitz-Greene

    @properties Christie's Int'lAA

    (734) 646-5333

    155 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23063132

Southwestern Michigan Association of REALTORS®

APN: 11-40-107-010

Michigan Washtenaw County Ypsilanti 48197 Ypsi Riverside

501 N Washington St, Ypsilanti, MI

This home is located at 501 N Washington St, Ypsilanti, MI 48197 since 10 January 2019 and is currently estimated at $306,408. This property was built in 1844. 501 N Washington St is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Holmes Elementary School, and Erickson 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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