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Washtenaw 48197
7395 Textile
$535,000
● House - Off Market

7395 Textile

Ypsilanti, MI 48197
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,823 Ft²
$554,476
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Classic brick & cedar ranch on approx. 3 acres w/ city water/sewer. Highly sought after open floor plan design w/ many skylights fill this home w/ an abundance of natural light! Made for entertaining, the entry French doors open to huge great room w/ soaring ceiling, Fp, morning coffee nook/sitting area and door wall to the deck. Formal dining room, well-appointed kitchen w/ abundance of cabinets, pantry, loads of counter space & serving counter. Romantic primary bedroom w/ private spa bath, w/i closet, 2 addl bedrooms and 2 full baths complete the main floor. Huge fin L/L, tons of storage, Premiere 5000 sq ft pole barn, pristine cement floors, radiant heat/air & water. House and pole barn have generators, absolutely pristine condition!,   Primary Bath, Rec Room: Finished
Unit Size
3,823 Ft²
Days on Market
33 days
Land Size
2.79 acres
Price per sqft
$139
Property Type
House
Property Taxes
$616
HOA Dues
-
Year Built
1991

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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 #23090971)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Oct 5, 2022 Sold
Premium
Sold
Sep 2, 2022 Listed by Keller Williams Ann Arbor Mrkt $529,900
Listed by Keller Williams Ann Arbor Mrkt

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 2,093
  • Garage Type: 7
  • Garage Square Area: 10,866
  • Parking Space Count: 19
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 121,532
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,093
  • Building Area: 2,093
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,093
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002790
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: YP#21-10D-1 COM AT S 1/4 POST OF SEC 21, TH N 89 DEG 58' W 1107.62 FT IN S LINEOF SEC FOR A PL OF BEG, TH CONT N 89 DEG 58' W

Neighborhood

  • School District Name: Lincoln Consolidated School District
  • School Tax School District: LINCOLN
  • Census Tract: 413403

Zoning

  • Zoning: RI

Geography

  • District: K
  • Parcel: K -11-21-300-018
  • Block: 300
  • Meridian: SEC 21 TWN 3S RNG 7E
  • Municipality: YPSILANTI TWP
  • Latitude: 42.2027
  • Longitude: -83.6157

    Address

  • Full Address: 7395 Textile Rd
  • Address - House Number: 7395
  • Address - Street Name: Textile
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Ypsilanti
  • Carrier Code: R019
  • 4-Digit Zip Code: 8930
  • Zip Code: 48197

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: K

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 74
  • Final Value: 562,974
  • High Value: 671,110
  • Low Value: 454,839

    Market Valuation

  • Market Total Value: $512,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6671620
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

Unit for rent at 7987 Briarbrook Drive, Ypsilanti, MI, 48197

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,535 ft²
7987 Briarbrook Drive, Ypsilanti, MI, 48197 Listing by Patricia Korican

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Carmen Knick, Keller Williams Ann Arbor Mrkt
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23090971
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 7395 Textile Road built and last sold?
The property at 7395 Textile Road was built in 1991 and last sold on Oct 5, 2022 for $535,000.
How much is this home worth?
The estimated value of the home located at 7395 Textile Road is $553,718.
What are some comparable homes to 7395 Textile Road?
There are currently no comparable homes to 7395 Textile Road.
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