NOT LISTED FOR SALE

516 1st Ave Ypsilanti, MI 48197

Heritage Park Neighborhood

Estimated Value: $144,000 - $182,510

3 Beds
2 Baths
1,520 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $95,000 $62 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,162/month

76 Days on Market

Highlights

  • Spa
  • 1.5-Story Property
  • No HOA
  • 0.3 Acre Lot
  • Furnished
  • Enclosed Patio or Porch

About This Home

As of September 2019

YPSILANTI CHARM!!! With this 3bdrm/2bath home that is centrally located to EMU, Depot Town and I94. This 1920’s Bungalow needs a little TLC – but has tons of potential that includes original woodwork, hardwood floors underneath the carpet and French doors to the bedroom and dining room. A wood burning stove turns the screened in porch into an all-season room. This home includes a newer high efficiency furnace and hot water tank, dehumidifier and humidifier. Seller is offering a One Year Home Warranty. Purchase includes stainless steel appliances in the kitchen, hot tub in the basement and the pool table. Seller will leave all furniture if needed.

Last Agent to Sell the Property

Marc Wilson

Real Estate One-Ypsilanti License #6501417179 Listed on: 05/14/2019

Real Estate One-Ypsilanti

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x197x66x197
  • Fenced
  • Level Lot

Home Design

  • 1.5-Story Property
  • Bungalow
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bartholomews Add Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 111139465028
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Ranch
  • Architecture Level: 1 1/2 Story
  • Warranty: Yes
  • Year Built: 1920
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Furnished - Yes, High Spd Internet Avail, Humidifier, Spa/Hot-tub
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1520
  • Total Sq Ft: 1520
  • Sq Ft Total Bsmt: 972

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 66
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ypsilanti

Lot Info

  • Homestead: Yes
  • List Price per Acre: 333333.3333
  • Lot Features: Level
  • Lot Size Area: 0.30
  • Lot Dimensions: 66x197x66x197
  • Parcel Number: 111139465028

Tax Info

  • Tax Amount Summer: 2221.0000
  • Tax Amount Winter: 117.0000
  • Total Tax: 2338.0000

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Sep 18, 2019
Sold by
Wells Andrew Lee
Bought by
Bihlmeyer Hannah E
Seller's Agent
Marc Wilson
Real Estate One-Ypsilanti
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$117,000
Sold Price
$95,000
Premium/Discount to List
-$22,000
-18.8%
Current Estimated Value
$164,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,878
Avg. Annual Appreciation
10.05%
Original Mortgage
$92,150
Outstanding Balance
$81,243
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$86,390

Purchase Details

Closed on
Apr 22, 2014
Sold by
Estate Of Geraldine Wilson
Bought by
Wells Andrew Lee
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
Bihlmeyer Hannah E $95,000 Title Select Llc
Wells Andrew Lee $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bihlmeyer Hannah E $92,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2019 09/18/19 Sold $95,000 -5.0% $63 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $100,000 -9.1% $66 / Sq Ft
07/05/2019 07/05/19 Price Changed $110,000 -6.0% $72 / Sq Ft
07/03/2019 07/03/19 For Sale $117,000 0.0% $77 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $117,000 -6.4% $77 / Sq Ft
05/28/2019 05/28/19 Price Changed $125,000 -3.8% $82 / Sq Ft
05/14/2019 05/14/19 For Sale $130,000 -- $86 / Sq Ft
Source: Realcomp

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 $3,156 $83,200 $0 $0
2024 $3,156 $78,600 $0 $0
2023 $2,966 $64,900 $0 $0
2022 $3,136 $61,400 $0 $0
2021 $3,093 $53,900 $0 $0
2020 $3,192 $44,700 $0 $0
2019 $2,457 $40,900 $40,900 $0
2018 $2,280 $36,700 $0 $0
2017 $2,239 $35,200 $0 $0
2016 $2,276 $33,299 $0 $0
2015 -- $33,200 $0 $0
2014 -- $24,644 $0 $0
2013 -- $24,644 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marc Wilson

    Real Estate One

    Section Image

  • N

    Buyer's Agent in 2019

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2019

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 219044743

Realcomp

APN: 11-39-465-028

Michigan Washtenaw County Ypsilanti 48197 Heritage Park

516 1st Ave, Ypsilanti, MI

This home is located at 516 1st Ave, Ypsilanti, MI 48197 since 14 May 2019 and is currently estimated at $164,878, approximately $108 per square foot. This property was built in 1920. 516 1st Ave is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Erickson Elementary School, and Holmes Elementary School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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