tomo logo

$160,000

Beds
3
Baths
1.0
sq ft
1,202

412 E Michigan Ave, Ypsilanti, MI 48198

412 E Michigan Ave

Ypsilanti, MI 48198

  • 11 days on market
Calling all investors! This property presents a great opportunity to build sweat equity and maximize income potential. Featuring a good layout with ample room for improvement, this home is a blank canvas awaiting your vision. Whether you're looking to renovate for resale or create a rental income stream, the possibilities are endless. Conveniently located with easy access to local amenities, this investment gem is not to be missed. Don't miss out on this chance to transform potential into profit!

Details

Property type

Single Family Residence

Est. home value

$125,572

Lot size

8,276 sq ft

Price per sq ft

$134

Year built

1819

Annual property taxes

$5,403.95

Price History

06/25/2024
Realcomp

Realcomp #81024032464

Listed
$160,000
+33.33%
05/16/2022
Realcomp

Realcomp #543287259

Sold
$120,000
+179.07%
06/08/2018
Realcomp

Realcomp #543253504

Sold
$43,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ypsilanti

Seller’s Loan History

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

Lender

Grammatico Real Estate Llc

Loan start date

May 2022

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

4.42%

Loan type

Land Contract (Argmt. Of Sale)

Seller

Jose Luis Lopez Sanchez and Yisell Placers Conde

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: 07/07/2024 at 3:30 PM

Listing updated: 06/28/2024 at 4:23 AM

Listed by: Daniel DeCapua, Phone #: (734) 741-1000

MLS: Realcomp #81024032464

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