NOT LISTED FOR SALE

520 N Mohawk Ave Ypsilanti, MI 48198

Estimated Value: $206,116 - $234,000

3 Beds
1 Bath
-- Sq Ft
0.3 Acres

Last Sold July 02, 2024

Last sale price $205,000

Est. 2% increase in value since last sale

Current estimated payment $1,338/month

25 Days on Market

Highlights

  • 1 Fireplace
  • Laundry Room
  • Level Lot
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of July 2024

Welcome to this Exceptional Duplex property in Ypsilanti offering a unique opportunity for both Investors and Homeowners--one unit currently rented for $950/mo.plus utilities, and the other unit is owner occupied. This property features two separate meters, driveways and individual entrances for each Unit, comfortably designed with Living Room, Kitchen with granite counters (owner unit), Pantry Closet, Eat In Nook (appliances included), Large Bedroom, and Bathroom. Shared Utility/Laundry Room w/ Washer and Dryer (Newer Water Heater). Close to Expressways and amenities. Financing types includes ASSUMABLE FHA MORTGAGE AT 3.25% FOR PRE-APPROVED BUYERS (presents an option with requirements for significant savings over the loan term) Seller to provide COO at close. BATVAI.

Last Agent to Sell the Property

Janet Graham

Howard Hanna Real Estate License #6506046077 Listed on: 01/02/2024

Howard Hanna Real Estate

Last Buyer's Agent

Allante Wheeler

Real Broker, LLC. License #6501428378

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x130
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Basement
  • Crawl Space

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Townsends Sub Subdivision

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,602

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1950
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x130
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2602.0
  • Tax Info:Zoning3: RI
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: TOWNSENDS SUB
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Crawl Space: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Sink: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 199900.0
  • Lot Features: Level
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Laundry Features: Gas Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Dimensions: 100x130
  • Lot Size Sq Ft: 13068.0
  • Zoning Description: RI
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2602.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Jul 2, 2024
Sold by
Hubbard Mische and Kemm Gabriela A
Bought by
801Fifthstreet Llc
Seller's Agent
Janet Graham
Howard Hanna Real Estate
Buyer's Agent
Allante Wheeler
Real Broker, LLC.
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Views
84
Current Estimated Value
$209,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,054
Avg. Annual Appreciation
1.01%

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 15, 2020
Sold by
Davis Richard A
Bought by
Hubbard Mische and Kemm Gabriela A
Seller's Agent
Richard Davis
Century 21 Affiliated
Buyer's Agent
No Member
Non Member Sales
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$176,641
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2018
Sold by
Scherer Barbara J
Bought by
Davis Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2017
Sold by
Rmk Equities Llc
Bought by
Scherer Barbara J

Purchase Details

Closed on
Aug 25, 2016
Sold by
Hickey Glenn
Bought by
Rmk Equities Llc

Purchase Details

Closed on
Nov 16, 2007
Sold by
Hickey Glenn and Hickey Joann
Bought by
Hollander Brenda and Ward Cathy

Purchase Details

Closed on
Sep 19, 2006
Sold by
Stumbo T R and Stumbo Brenda L
Bought by
Hickey Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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
801Fifthstreet Llc $205,000 None Listed On Document
Hubbard Mische $179,900 Ct
Hubbard Mische $179,900 None Listed On Document
Davis Richard A $88,000 None Available
Scherer Barbara J $45,000 Cislo Title Co
Rmk Equities Llc -- None Available
Hollander Brenda -- None Available
Hickey Glenn $85,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hubbard Mische $176,641
Previous Owner Davis Richard A $66,000
Previous Owner Hickey Glenn $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $205,000 +2.6% --
01/02/2024 01/02/24 For Sale $199,900 +11.1% --
10/20/2020 10/20/20 Sold $179,900 0.0% --
08/26/2020 08/26/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $179,900 -- --
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 -- $92,100 $0 $0
2024 $2,383 $84,400 $0 $0
2023 $2,602 $72,900 $0 $0
2022 $2,482 $67,800 $0 $0
2021 $3,752 $65,800 $0 $0
2020 $2,881 $52,400 $0 $0
2019 $2,237 $51,800 $51,800 $0
2018 $0 $48,900 $0 $0
2017 $2,976 $42,000 $0 $0
2016 $1,458 $42,000 $0 $0
2015 $2,272 $44,593 $0 $0
2014 $2,272 $43,200 $0 $0
2013 -- $43,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24000601

Southwestern Michigan Association of REALTORS®

APN: 11-03-482-002