Seller's Agent in 2024
Erin Galinac
Good Company
(734) 219-2273
57 Total Sales
545 N Ivanhoe Ave Ypsilanti, MI 48198
Ypsilanti Township AreaEstimated Value: $221,000 - $246,000
2
Beds
1
Bath
--
Sq Ft
0.3
Acre Lot
About This Home
As of January 2024Welcome to this hot investment opportunity! Presenting a well-maintained and income-generating duplex with one tenant already in place. The second unit could be owner occupied or rented out for additional income opportunities. This property promises not only a comfortable and convenient living arrangement for occupants but also instant and consistent cash flow, making it an ideal turnkey investment for those looking to maximize returns from day one. Nestled in a sought-after neighborhood, this duplex is strategically located. Whether you're a seasoned investor or a first-time buyer, this property offers a range of possibilities to suit your goals. Don't miss out on this rare opportunity to own a duplex with a proven track record of rental success.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,377
Year Built
- Built in 1958
Lot Details
- 13,068 Sq Ft Lot
- Lot Dimensions are 100' x 130'
Parking
- 4 Parking Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Basement
- Crawl Space
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electric, water, sewer, gas
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2023
Closed on
Jan 17, 2024
Sold by
Bought by
Seller's Agent
Erin Galinac
Good Company
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,549
Avg. Annual Appreciation
4.02%
Original Mortgage
$161,250
Interest Rate
0.0703%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 9, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
0.036%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,532
Interest Rate
0.0382%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 15, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $215,000 | Liberty Title | ||
| -- | Cislo Title Co | ||
| $81,000 | Campbel Title | ||
| $108,770 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $161,250 | ||
| Previous Owner | $90,000 | ||
| Previous Owner | $79,532 | ||
| Previous Owner | $79,532 | ||
| Previous Owner | $48,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2024 01/17/24 | Sold | $215,000 | -6.5% | -- |
| 12/15/2023 12/15/23 | Pending | -- | -- | -- |
| 12/08/2023 12/08/23 | For Sale | $230,000 | -- | -- |
Source: MichRIC
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | -- | $108,400 | $0 | $0 |
| 2025 | $4,812 | $96,300 | $0 | $0 |
| 2024 | $2,233 | $88,600 | $0 | $0 |
| 2023 | $2,369 | $76,500 | $0 | $0 |
| 2022 | $2,259 | $70,800 | $0 | $0 |
| 2021 | $3,171 | $68,600 | $0 | $0 |
| 2020 | $3,129 | $55,200 | $0 | $0 |
| 2019 | $1,144 | $54,500 | $54,500 | $0 |
| 2018 | $0 | $51,500 | $0 | $0 |
| 2017 | $2,750 | $44,300 | $0 | $0 |
| 2016 | $1,935 | $44,200 | $0 | $0 |
| 2015 | $3,210 | $46,657 | $0 | $0 |
| 2014 | $3,210 | $45,200 | $0 | $0 |
| 2013 | -- | $45,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Galinac
-
J
Buyer Co-Listing Agent in 2024
Jacob Sandoval
Resource Realty Group
Map
Source: MichRIC
MLS Number: 23144289
APN: 11-03-480-010
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.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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