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$310,000

Beds
5
Baths
2.0
sq ft
2,167

110 N Hamilton St, Ypsilanti, MI 48197

110 N Hamilton St

Ypsilanti, MI 48197

  • 8 days on market
**INCOME PROPERTY - tenant lease currently in place until August, 2026.Located in the heart of Ypsilanti, this historic home has 5 bedrooms, 2 full baths, and over 2100 sq ft of living space. First floor features a large living room with fireplace, nicely updated kitchen with SS appliances, extra sunroom with barn door off the dining room, one bedroom with fireplace, an additional flex/office space, and a full bath. Upstairs are four bedrooms and the second full bath. Downstairs offers plenty of room for storage, laundry, and an office/family room space. Hardwood floors throughout. Detached two car garage and fenced yard. Located just 1 block from the Transit Station. Home is located in the Historic District.

Details

Property type

Single Family Residence

Est. home value

$310,848

Lot size

8,712 sq ft

Price per sq ft

$144

Year built

1919

Annual property taxes

$10,624.45

Price History

12/13/2024
Realcomp

Realcomp #81024062936

Listed
$310,000
+39.51%
12/14/2020
Realcomp

Realcomp #543277085

Sold
$222,200
+26.61%
06/02/2014
Realcomp

Realcomp #543219841

Sold
$175,500

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ypsilanti

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$93,124
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$192,076
Cash to seller
$93,124

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

December 2020

Original loan amount

$211,090

Est. remaining balance

$192,076

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Raymond Willett

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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431 S Hamilton St, Ypsilanti, MI 48197

Status: Active

Tomo last checked: 12/22/2024 at 2:25 PM

Listing updated: 12/14/2024 at 7:25 AM

Listed by: Scott Bethune, The Charles Reinhart Company Phone #: (734) 971-6070

MLS: Realcomp #81024062936

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