5040 Willis Rd Ypsilanti, MI 48197
Estimated Value: $305,000 - $392,000
            
                4
                Beds
            
            
            
                3
                Baths
            
            
            
                1,438
                Sq Ft
            
            
                
                    $234/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5040 Willis Rd, Ypsilanti, MI 48197 and is currently estimated at $336,997, approximately $234 per square foot. 5040 Willis Rd is a home located in Washtenaw County with nearby schools including Lincoln Senior High School, South Arbor Charter Academy, and East Arbor Charter Academy.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Mar 7, 2022
            
        
                Sold by
            
            
                Byrne Debby C
            
        
                Bought by
            
            
                5040 Willis Llc
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Sep 27, 2013
            
        
                Sold by
            
            
                Heiss Terry and Ethel F Heiss Trust
            
        
                Bought by
            
            
                Byrne Michael P and Byrne Debby Chen
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $140,000
            
        
                Interest Rate
            
            
                4.5%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Jul 18, 2000
            
        
                Sold by
            
            
                Heiss Ethel F and Heiss Keith
            
        
                Bought by
            
            
                Heiss Ethel F and Ethel F Heiss Trust Agreement
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| 5040 Willis Llc | -- | None Listed On Document | |
| Byrne Michael P | $180,000 | American Title Company Of Wa | |
| Heiss Ethel F | -- | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Byrne Michael P | $140,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $4,373 | $133,200 | $0 | $0 | 
| 2024 | $4,093 | $122,000 | $0 | $0 | 
| 2023 | $3,812 | $108,100 | $0 | $0 | 
| 2022 | $4,179 | $97,100 | $0 | $0 | 
| 2021 | $4,053 | $94,300 | $0 | $0 | 
| 2020 | $3,990 | $89,600 | $0 | $0 | 
| 2019 | $3,894 | $84,900 | $84,900 | $0 | 
| 2018 | $2,470 | $140,454 | $654 | $139,800 | 
| 2017 | $2,362 | $78,600 | $0 | $0 | 
| 2016 | $1,938 | $71,434 | $0 | $0 | 
| 2015 | -- | $71,221 | $0 | $0 | 
| 2014 | -- | $57,772 | $0 | $0 | 
| 2013 | -- | $57,772 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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