1540 Outer Lane Drive
Ypsilanti, MI 48198
Single Family Residence · MLS # 81025061941 · Listing courtesy of Vantage Realty Group, LLC
About this home
Tenant occupied Ypsilanti home! Ranch Style home with 3 bedrooms and 1 bath. Large and open kitchen. No garage and no basement. Photos are from before tenant move in. Tenant has been there since 2020 and is month to month. Currently paying $1,126.95.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Ypsilanti
Over the last 90 days, 215 homes sold in Ypsilanti for a median of $300,000, about $182 per square foot, and the typical one went under contract in 15 days. This home is listed at $155,000, or $154 per square foot, 15% below the city median, and has been on the market 274 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ypsilanti sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $3,918 a year. A buyer who lives here would pay about $3,977 a year once the taxable value resets after the sale, at the 2025 homestead rate of 45.15 mills for Ypsilanti Twp and Van Buren schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Ypsilanti
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