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Ypsilanti 48197
2005 Roosevelt
$1,600
● House - Off Market

2005 Roosevelt

Ypsilanti, MI 48197
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,888 Ft²
$538
Est. Monthly

About This Property

Excellent Location! Walking Distance To Hospital And Emu.  Lovely Colonial With Many Upgrades Inlcuding Newer Kitchen With Granite Counters And Updated Baths. Family Room With Wood Fireplace Off Kitchen Area Plus Formal Dining And Living Room. Large Master With Bath,Wood Floors Throughout And A Lot Of Storage.  Enjoy A Fenced Back Yard With Perennials And Privacy.,   Primary Bath, Rec Room: Space
Unit Size
1,888 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
1967

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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 #2804173)

Price History

Date / Event Date Event Price
Jan 20, 2023 Sold
Premium
Sold
Dec 13, 2022 Listed by RE/MAX Platinum $334,900
Listed by RE/MAX Platinum
Oct 14, 2015 Sold
Premium
Sold
Jun 1, 2015 Listed by RE/MAX Platinum $214,900
Listed by RE/MAX Platinum
Apr 5, 2008 Listed by RE/MAX Platinum $1,600
Listed by RE/MAX Platinum
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 928
  • Garage Type: 7
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,898
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 1,888
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIVERSITY ESTATES
  • Land Acres: 0000000342
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - 11 11-700-103-00 YP CITY 53AW-103 LOT 103 AND W 33FT OF ADJ VACKEWANEE AVE UNIVERSITY ESTATES PLAT.

Neighborhood

  • School District Name: Ypsilanti Community Schools
  • School Tax School District: YPSILANTI
  • Census Tract: 410200

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAP K-3 6-4 (B)
  • District: 11
  • Parcel: 11-11-06-407-001
  • Block: 407
  • Lot: 103
  • Meridian: SEC 06 TWN 3S RNG 7E
  • Municipality: YPSILANTI CITY
  • Latitude: 42.2497
  • Longitude: -83.6433

    Address

  • Full Address: 2005 Roosevelt
  • Address - House Number: 2005
  • Address - Street Name: Roosevelt
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: C002
  • 4-Digit Zip Code: 1723
  • Zip Code: 48197

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $759,712
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 77
  • Final Value: 370,050
  • High Value: 435,032
  • Low Value: 305,068

    Market Valuation

  • Market Total Value: $312,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 17, 2023
  • Current Sale Recording Date: Jan 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6676231
  • Previous Sale Recording Date: Oct 14, 2015
  • Previous Sale Contract Date: Sep 25, 2015
  • Previous Sale Amount: $214,900
  • 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 Ypsilanti

Stats & Trends

Median Asking:

$292,500

Sale Price/ft²

$190

Below Asking

0.02%

Average Days on Market

53

Average Home Size

711 ft²

Average Home Age

114.1 years

Currently For Sale

44 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

Unit for rent at 1870 Stratford Road, Ypsilanti, MI, 48197

$3,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,350 ft²
1870 Stratford Road, Ypsilanti, MI, 48197 Listing by Rachael Waring

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Susan Blessing, RE/MAX Platinum
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 2804173
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 2005 Roosevelt Boulevard built and last sold?
The property at 2005 Roosevelt Boulevard was built in 1967 and last sold on Jan 17, 2023 for $324,500.
How much is this home worth?
The estimated value of the home located at 2005 Roosevelt Boulevard is $0.
What are some comparable homes to 2005 Roosevelt Boulevard?
There are currently no comparable homes to 2005 Roosevelt Boulevard.
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