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$424,900

Beds
4
Baths
3.5
sq ft
2,300

275 S Wallace Blvd, Ypsilanti, MI 48197

275 S Wallace Blvd

Ypsilanti Twp, MI 48197

  • <1 day on market
    • Open house Mar 16
Welcome home to 275 S. Wallace. This light filled 4 bedroom 3.5 bath home is perched high in the Recreation Park Subdivision in Ypsilanti, Mi. This charming 1950's built home offers historical charm and modern updates. Enjoy sunsets from the all season front porch. Break bread with friends in your formal dining room. Cozy by the fire in your newer common room that extends off of your updated kitchen that provides updated appliances and modern countertops and cabinetry. This home is ideal for multi generational living with 2 large bedrooms 1.5 baths on the entry level, and 2 bedrooms with 2 full baths on the second floor. This home is perfectly pet friendly with hardwood floors in all of the right places. The full basement lends to a large laundry area, interior workshop and rec

Details

Property type

Single Family Residence

Est. home value

$348,806

Lot size

0.55 acres

Price per sq ft

$185

Year built

1955

Annual property taxes

$6,232

Price History

03/14/2025
Realcomp

Realcomp #81025009556

Listed
$424,900
+50.67%
12/17/2020
Realcomp

Realcomp #543277419

Sold
$282,000

Schools & Community

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

$148,739
Asking price
$424,900
Closing costs (~8% of asking)
-$33,992
Est. remaining loan balance
-$242,169
Cash to seller
$148,739

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

December 2020

Original loan amount

$267,900

Est. remaining balance

$242,169

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Shannon L Seideman and Katherine G Cronin

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?

Status: Active

Tomo last checked: 03/14/2025 at 1:45 PM

Listing updated: 03/14/2025 at 10:09 AM

Listed by: Caitlin Olmsted-Phillips, Key Realty One Phone #: (734) 273-9083

MLS: Realcomp #81025009556

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