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Washtenaw 48198
1779 Outer Ln Drive
$177,500
● House - Off Market

1779 Outer Ln Drive

Ypsilanti, MI 48198
bedrooms
3 Beds
bathrooms
1 Bath
square feet
925 Ft²
$1,068
Est. Monthly
14.95%
Cap Rate

About This Property

**OFFERS DUE SUNDAY 8/17 AT 3PM** This Ypsi Township ranch is super cute and ready for its next owner! Van Buren Schools! Redone in 2020, this home boasts all white cabinetry in the kitchen, stainless steel appliances, granite countertops, and vinyl plank flooring. The full, updated bathroom offers white subway tile in the shower and a single sink vanity with lots of storage. Windows are newer and let the light really pour in! Water heater, AC and Furnace new in 2022- Basement is dry and has recently had a brand new sump pump installed! Sellers are offering a $3,000 closing cost credit towards a new deck.
Unit Size
925 Ft²
Days on Market
23 days
Land Size
0.17 acres
Price per sqft
$184
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1972

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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: 2 years ago (MichRIC MLS #25040961)

Price History

Date / Event Date Event Price
Sep 5, 2025 Sold
Premium
Sold
Aug 19, 2025 In contract -
In contract
Aug 13, 2025 Listed by The Charles Reinhart Company $170,000
Listed by The Charles Reinhart Company
Aug 10, 2020 Sold
Premium
Sold
May 9, 2019 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 925
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Frontage Feet: 0
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATSONIA PARK SUBDIVISION
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: YP#104-983 & 9 LOT 1304 & N 20 FT OF LOT 1303 WATSONIA PARK SUBDIVISION.

Neighborhood

  • School District Name: Van Buren Public Schools
  • School Tax School District: VAN BUREN
  • Census Tract: 413000

Zoning

  • Zoning: RI

Geography

  • District: K
  • Parcel: K -11-14-481-008
  • Block: 481
  • Lot: 1304
  • Meridian: SEC 14 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.2205
  • Longitude: -83.5648

    Address

  • Full Address: 1779 Outer Ln Dr
  • Address - House Number: 1779
  • Address - Street Name: Outer Ln
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: R006
  • 4-Digit Zip Code: 9105
  • Zip Code: 48198

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,770
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 174,119
  • High Value: 209,782
  • Low Value: 138,456

    Market Valuation

  • Market Total Value: $128,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6535640
  • Previous Sale Recording Date: May 09, 2019
  • Previous Sale Contract Date: Apr 25, 2019
  • Previous Sale Amount: $86,561
  • Previous Sale Document Type: 64
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

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 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: Justine Anthony, The Charles Reinhart Company
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25040961
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 1779 Outer Ln Drive built and last sold?
The property at 1779 Outer Ln Drive was built in 1972 and last sold on Aug 3, 2020 for $148,000.
How much is this home worth?
The estimated value of the home located at 1779 Outer Ln Drive is $0.
What are some comparable homes to 1779 Outer Ln Drive?
There are currently no comparable homes to 1779 Outer Ln Drive.
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