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$225,000

Beds
5
Baths
2.0
sq ft
1,426

304 Emmet St, Ypsilanti, MI 48197

304 Emmet St

Ypsilanti, MI 48197

  • 245 days on market
    • Price drop $14,000↓
Welcome home to this charming craftsman ranch located just steps away from Eastern Michigan University and Depot Town! With 5 spacious bedrooms this home has everything you need!! The exterior features a NEW ROOF (2023) , freshly painted fascia, along with nice landscaping that adds to the curb appeal of the home. Step inside and be greeted by the enclosed porch, perfect for enjoying your morning coffee or relaxing after a long day. The interior has generous sized rooms, neutral paint, plush carpet, an entry with a flex space and a fireplace. The spacious kitchen has STAINLESS STEEL APPLIANCES & a large peninsula. The finished basement offers even more living space, a bedroom, full bath, laundry area with newer washer and a dryer, and plenty of storage space!! This move-in ready home is just waiting for you to make it yours or a great rental property! * The Rental Certificate of Compliance is up to date and valid through November 1, 2026 along with the HVAC Certified until March 1, 2026. Don't miss out on this fantastic opportunity.

Details

Property type

Single Family Residence

Est. home value

$305,703

Lot size

3,920 sq ft

Price per sq ft

$158

Year built

1920

Annual property taxes

$7,333

Price History

01/06/2025
Realcomp

Realcomp #20240034617

Price change
$225,000
-5.86%
11/11/2024
Realcomp

Realcomp #20240034617

Price change
$239,000
-4.36%
10/22/2024
Realcomp

Realcomp #20240034617

Price change
$249,900
-1.61%

Schools & Community

Neighborhood: 

Riverside

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

-$14,417
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$221,417
Cash to seller
-$14,417

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

Seller’s Loan History

Lender

Sprout Mortgage Llc

Loan start date

May 2022

Original loan amount

$231,920

Est. remaining balance

$221,417

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Krd House Flipping Llc

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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Status: Active

Tomo last checked: 01/22/2025 at 7:50 AM

Listing updated: 01/15/2025 at 3:56 PM

Listed by: Tabatha Kibat, EXP Realty Phone #: (734) 322-3302

MLS: Realcomp #20240034617

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