NOT LISTED FOR SALE

723 W Michigan Ave Ypsilanti, MI 48197

Ainsworth Park Neighborhood

Estimated Value: $222,000 - $250,000

4 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold January 18, 2022

Last sale price $185,000

Est. 29% increase in value since last sale

Current estimated payment $1,825/month

80 Days on Market

Highlights

  • Central Air
  • Community Storage Space
  • Wood Siding
  • Laundry Facilities

About This Home

As of January 2022

This home is located at 723 W Michigan Ave, Ypsilanti, MI 48197 since 25 October 2021 and is currently estimated at $234,270. This property was built in 1863. 723 W Michigan Ave is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Erickson Elementary School, and Holmes Elementary School.

Last Agent to Sell the Property

Scott Bethune

The Charles Reinhart Company License #6501389017 Listed on: 10/25/2021

The Charles Reinhart Company

Co-Listed By

Richard Mattie

The Charles Reinhart Company License #6506044643

Last Buyer's Agent

Emma Miller

Keller Williams Ann Arbor Mrkt License #6501429773

Keller Williams Ann Arbor Mrkt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 1863

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 69.00'x 109.00'

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • Central Air

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • R W Hemphills Add Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,106

Year Built

Built in 1863

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1863
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 69.00'x 109.00'
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3106.3
  • Tax Info:Zoning3: Spli
  • General Property Info:Total _pound_ Units: 2
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Location Property Info:Subdivision2: R W Hemphills Add
  • Substructure:Michigan Basement: Yes
  • Extras:Laundry Facility: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement, Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 199900.0
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Storage: Yes

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 69.00'x 109.00'
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: Spli
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 19200.0
  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3106.3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Roberts Jacob
Bought by
Mdpp Llc
Current Estimated Value
$239,035

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jan 14, 2022
Sold by
Mathis Deborah L
Bought by
Roberts Jacob
Seller's Agent
Scott Bethune
The Charles Reinhart Company
Buyer's Agent
Emma Miller
Keller Williams Ann Arbor Mrkt
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$138,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2007
Sold by
Pritzel Roger A and Pritzel Susan J
Bought by
Livi Pritzel Susan J and Susan J Pritzel Revocable Living Trust
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
Mdpp Llc -- Reliant Title
Mdpp Llc -- Reliant Title
Roberts Jacob $185,000 None Listed On Document
Livi Pritzel Susan J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Jacob $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $185,000 -7.5% --
01/13/2022 01/13/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $199,900 -- --
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 $6,063 $92,500 $0 $0
2024 $6,063 $87,700 $0 $0
2023 $5,716 $72,800 $0 $0
2022 $3,467 $63,500 $0 $0
2021 $3,108 $55,200 $0 $0
2020 $3,178 $46,800 $0 $0
2019 $3,067 $40,900 $40,900 $0
2018 $2,878 $37,100 $0 $0
2017 $2,819 $35,300 $0 $0
2016 $2,854 $32,998 $0 $0
2015 -- $32,900 $0 $0
2014 -- $36,300 $0 $0
2013 -- $36,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Bethune

    Seller's Agent in 2022

    Scott Bethune

    The Charles Reinhart Company

    (734) 417-0786

    1 in this area

    119 Total Sales

    Section Image
  • Richard Mattie

    Seller Co-Listing Agent in 2022

    Richard Mattie

    The Charles Reinhart Company

    (734) 730-6301

    1 in this area

    194 Total Sales

    Section Image

  • E

    Buyer's Agent in 2022

    Emma Miller

    Keller Williams Ann Arbor Mrkt

    (734) 546-2850

    1 in this area

    15 Total Sales

    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20048

Southwestern Michigan Association of REALTORS®

APN: 11-39-130-013

Michigan Washtenaw County Ypsilanti 48197 Ainsworth Park

723 W Michigan Ave, Ypsilanti, MI

This home is located at 723 W Michigan Ave, Ypsilanti, MI 48197 since 25 October 2021 and is currently estimated at $234,270. This property was built in 1863. 723 W Michigan Ave is a home located in Washtenaw County with nearby schools including Estabrook Elementary School, Erickson Elementary School, and Holmes 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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