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$449,900

Beds
4
Baths
2.0
sq ft
1,650

470 Douglas St, Ypsilanti, MI 48197

470 Douglas St

Ypsilanti, MI 48197

  • 13 days on market
This fabulous home on a huge double park-like lot awaits one lucky family. At almost 2600 square feet the home combines mid century modern charm with a laundry list of recent updates to make this an unbeatable value. Setting the stage on the entry level is expansive bright living room, dining room, 1/2 bath and updated kitchen with all new Samsung stainless steel appliances. The upper level features 4 generous bedrooms with plenty of closet space and updated full bath with separate shower and tub. The lower level features a combination family room, game/play room with a gas fireplace and walkout. Totally redone the back yard is a show stopper. This perfect retreat has been professionally landscaped, new vinyl privacy fence, basketball court and Discovery playscape.Updates by the current owner include LVT flooring throughout the main level, lower level, and basement (2021), new gutters, downspouts, and gutter guards (2022), Speed Queen washer and dryer (2023), full waterproof system in the crawlspace by Michigan Foundation Systems with a 25 year transferable warranty (2021) and a whole house surge protector (2023). Recent updates by the previous owner include updated electrical panel, whole house Generac generator, new furnace, updated full bath, and the gas fireplace. The perfect location, within a few minutes of the nationally acclaimed acclaimed WIHI high school and WIMA middle school, Eastern Michigan University, and local parks, downtown Ypsilanti, Depot Town, St. Joseph's Hospital, and expressways. Great neighborhood with great neighbors, don't miss out!

Details

Property type

Single Family Residence

Est. home value

$424,667

Lot size

0.36 acres

Price per sq ft

$273

Year built

1963

Annual property taxes

$11,900

Price History

06/21/2024
Realcomp

Realcomp #81024031907

Listed
$449,900
+28.54%
10/01/2021
Realcomp

Realcomp #57050041782

Sold
$350,000

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

$90,927
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$322,981
Cash to seller
$90,927

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

October 2021

Original loan amount

$343,660

Est. remaining balance

$322,981

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Lawrence Yates Ii and Nichole Yates

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: 07/05/2024 at 12:30 AM

Listing updated: 06/23/2024 at 4:23 PM

Listed by: Richard Mattie, Phone #: (734) 971-6070

MLS: Realcomp #81024031907

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