NOT LISTED FOR SALE

508 Emmet St Ypsilanti, MI 48197

Midtown Neighborhood

Estimated Value: $224,000 - $274,027

3 Beds
2 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold May 24, 2016

Last sale price $137,000

Est. 79% increase in value since last sale

Current estimated payment $1,833/month

Highlights

  • Central Air
  • Community Storage Space
  • 5-minute walk to Pease Park
  • Laundry Facilities

About This Home

As of May 2016

This home is located at 508 Emmet St, Ypsilanti, MI 48197 since 24 May 2016 and is currently estimated at $245,757. This property was built in 1840. 508 Emmet 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

Ed Ridha

The Charles Reinhart Company License #6506044647 Listed on: 05/24/2016

The Charles Reinhart Company

Last Buyer's Agent

Ed Ridha

The Charles Reinhart Company License #6506044647 Listed on: 05/24/2016

The Charles Reinhart Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1840

Lot Details

  • 4,008

Parking

  • 2 Parking Spaces

Schools

  • Ypsilanti Elementary And Middle School
  • Ypsilanti High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 36x61x18x31x100
  • Central Air

Listing and Financial Details

  • Tenant pays for electric, water

Community Details

Amenities

  • Laundry Facilities
  • Community Storage Space

Additional Features

  • Property has a Home Owners Association
  • Gross Income $20,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1840
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 36x61x18x31x100
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3558.0
  • Tax Info:Zoning3: CN
  • General Property Info:Total _pound_ Units: 1
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: 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: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 134900.0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Storage: Yes

Schools

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

Lot Info

  • Lot Dimensions: 36x61x18x31x100
  • Zoning Description: CN
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electric, Water

Multi Family

  • Gross Income: 20880.0
  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 3558.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2016
Sold by
Eller Michael S and Eller Rebecca S
Bought by
Greenlee Ian
Current Estimated Value
$245,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,900
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 19, 1994
Sold by
Belcher Robert O
Bought by
Eller Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
9.19%
Mortgage Type
New Conventional
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
Greenlee Ian $137,000 None Available
Eller Michael S $69,900 --
Eller Michael S $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenlee Ian $200,000
Closed Greenlee Ian $105,900
Previous Owner Eller Michael S $18,982
Previous Owner Eller Michael S $19,500
Previous Owner Eller Michael S $112,500
Previous Owner Eller Michael S $8,700
Previous Owner Eller Michael S $66,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold $137,000 +1.6% --
05/24/2016 05/24/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $134,900 -- --
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 $5,933 $90,600 $0 $0
2024 $5,933 $85,300 $0 $0
2023 $5,593 $81,100 $0 $0
2022 $5,778 $70,000 $0 $0
2021 $5,676 $78,500 $0 $0
2020 $5,803 $78,400 $0 $0
2019 $5,601 $73,700 $73,700 $0
2018 $5,255 $63,500 $0 $0
2017 $5,148 $60,800 $0 $0
2016 $3,576 $41,346 $0 $0
2015 -- $41,223 $0 $0
2014 -- $39,936 $0 $0
2013 -- $39,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Ridha

    Seller's Agent in 2016

    Ed Ridha

    The Charles Reinhart Company

    (734) 645-3110

    1 in this area

    134 Total Sales

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23064222

Southwestern Michigan Association of REALTORS®

APN: 11-40-183-013

Michigan Washtenaw County Ypsilanti 48197 Midtown

508 Emmet St, Ypsilanti, MI

This home is located at 508 Emmet St, Ypsilanti, MI 48197 since 24 May 2016 and is currently estimated at $245,757. This property was built in 1840. 508 Emmet 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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