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505 Emmet Street

505 Emmet Street, Ypsilanti, MI 48197
Property in Ypsilanti
Sold Aug 03, 2016
$177,500
$133,000 by Nationstar Mortgage Llc
Mortgage Due Aug 01, 2031
505 Emmet Street has been categorized by the local assessors in Ypsilanti, MI as a residential type of property. The building on the property was first built in 1870 and is 154 years old. The home has a total of 7 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 4 stories. In addition, 505 Emmet Street has 1,964 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 216 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a porch. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing floor/wall heating system and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Jul 28, 2016 for $177,500. That's $90.38 per sqft. 505 Emmet Street was last assessed in 2023. The total value of the property was assessed at $107,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,431. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Style: Quadplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 4
  • Basement Type: Unspecified basement
  • Basement Area: 852
  • Garage Type: Garage
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,400
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,964
  • Gross Building Area: 1,964
  • Building Area: 1,964
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,964
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MORSE AND BALLENTINES ADDITIONS
  • Land Acres: 0.101
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: OLD SID - 11 11-115-605-00 YP CITY 13W-58 LOT 5 EXCEPT S 74 FT, BLK 6 DAVID F.BALLENTINES & RICHARD E. MORSE'S ALLOTMENT OF

Ownership

  • Current Owner : DOURO JOHN D
  • Current Owner 2: DOURO CHRISTY L
  • Previous Owner : BURNS JAMES J
  • Previous Owner 2: BURNS LYNN M

Neighborhood

  • School District Name: Ypsilanti Community Schools
  • School Tax School District: YPSILANTI
  • Census Tract: 411000

Zoning

  • Zoning: CN

Geography

  • Assessors Map Reference: MAP K-2 9-2 (A)
  • District: 11
  • Parcel: 11-11-40-182-002
  • Block: 6
  • Lot: 5
  • Meridian: SEC 40 TWN 3S RNG 7E
  • Municipality: YPSILANTI CITY
  • Latitude: 42.2446
  • Longitude: -83.6196

    Address

  • Full Address: 505 Emmet St
  • Address - House Number: 505
  • Address - Street Name: Emmet
  • Address - Suffix Type: St
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: C013
  • 4-Digit Zip Code: 2997
  • Zip Code: 48197

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,431
  • Tax Rate Code Area: 11

    Appraisal Valuation

  • Standard Deviation: 0.2502
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 64
  • Final Value: 279,637
  • High Value: 349,614
  • Low Value: 209,661

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,000
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 03, 2016
  • First Open Lien Mortgage Loan Amount: $133,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2031

    Market Valuation

  • Market Total Value: $214,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,400

    Sales

  • Current Sale Contract Date: Jul 28, 2016
  • Current Sale Recording Date: Aug 03, 2016
  • Current Sale Transaction ID: 1744460552
  • Current Sale Price: $177,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6329625

    Last Sale Mortgage

  • First Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 03, 2016
  • First Mortgage Loan Amount: $133,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2031

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Frequently Asked Questions

What neighborhood is 505 Emmet Street located in?
The 505 Emmet Street is a located in the neighborhood of Ypsilanti in Ypsilanti, Ypsilanti.
What is the average sales price for listings in 505 Emmet Street?
The average sales price for units in 505 Emmet Street is $0 currently.

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