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Washtenaw 48198
1349 Holmes Rd
$141,500
● House - Off Market

1349 Holmes Rd

Ypsilanti, MI 48198
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,511 Ft²
$230,008
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Immediate occupancy, Ypsilanti Township.  One owner home.  Great location with fenced lot, room for a garden spot.  4 bedroom, 1.5 bath tri-level home with 2 car garage.  Freshly painted.  Carpet (hardwood flooring beneath)  Upgrades include:  kitchen, windows, siding, storage shed.  Garage shingles to be replaced before closing. Agent is related to seller.
Unit Size
1,511 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$96
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23100759)

Price History

Date / Event Date Event Price
Jul 19, 2022 Sold
Premium
Sold
Jun 6, 2022 Listed by Real Estate One $239,900
Listed by Real Estate One
Nov 29, 2017 Sold
Premium
Sold
Oct 16, 2017 Listed by Real Estate One $145,000
Listed by Real Estate One

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,473
  • Building Area: 1,473
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,473
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WASHTENAW CONCOURSE NO 3
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: YP#134-44 LOT 258 WASHTENAW CONCOURSE NO 3.

Neighborhood

  • School District Name: Ypsilanti Community Schools
  • School Tax School District: WILLOW RUN
  • Census Tract: 412100

Zoning

  • Zoning: RI

Geography

  • District: K
  • Parcel: K -11-03-176-012
  • Block: 176
  • Lot: 258
  • Meridian: SEC 03 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.254
  • Longitude: -83.5844

    Address

  • Full Address: 1349 Holmes Rd
  • Address - House Number: 1349
  • Address - Street Name: Holmes
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: C042
  • 4-Digit Zip Code: 3983
  • Zip Code: 48198

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,417
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 244,807
  • High Value: 285,144
  • Low Value: 204,470

    Market Valuation

  • Market Total Value: $201,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6657568
  • Previous Sale Recording Date: Nov 29, 2017
  • Previous Sale Contract Date: Nov 27, 2017
  • Previous Sale Amount: $141,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2065 ft²

Average Home Age

57.8 years

Currently For Sale

672 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Gene DeRossett, Real Estate One
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23100759
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1349 Holmes Road built and last sold?
The property at 1349 Holmes Road was built in 1960 and last sold on Jul 7, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 1349 Holmes Road is $0.
What are some comparable homes to 1349 Holmes Road?
There are currently no comparable homes to 1349 Holmes Road.
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