506 Fairfield St
Ypsilanti, MI 48197
3 bd 2 ba 1,542 sqft Built 1957 Lot 13,068 sqft single_family
Most recent sale
$252,500
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $252,500 | MLS #3289392 |
| Jul 8, 2022 | Listed | $264,900 | MLS #3289392 |
| Feb 7, 2018 | Sold | $163,000 | MLS #3239321 |
| Sep 7, 2016 | Sold | $163,000 | Public Record |
| Apr 17, 2016 | Listed | $169,800 | MLS #3239321 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2016 | — | — | $72,300 | $2,928 |
| 2015 | — | — | $70,000 | $2,827 |
| 2014 | — | — | $65,500 | $2,721 |
| 2013 | — | — | $59,600 | $2,608 |
| 2012 | — | — | $58,700 | $2,447 |
| 2011 | — | — | $58,200 | $2,415 |
| 2010 | — | — | $62,600 | $2,558 |
| 2009 | — | — | $68,500 | $2,640 |
| 2008 | — | — | $81,500 | $1,717 |
Property facts
Year built
1957
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,542 sqft
Lot size
13,068 sqft
ZIP code
48197
City
Ypsilanti
Street
Fairfield St
Coordinates
42.24700, -83.64842
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,313
Gross rental yield
10.99%
Implied cap rate
7.15%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Fairfield St last sell?
506 Fairfield St most recently sold on Aug 12, 2022 for $252,500.
What is the current tax assessment for 506 Fairfield St?
The most recent total assessment for 506 Fairfield St (year 2016) is $72,300 with $2,928 in property tax.
How does 506 Fairfield St's assessment compare to its last sale price?
The current assessment is 71.4% below the last sale price of $252,500.
When was 506 Fairfield St built?
506 Fairfield St was built in 1957.
How does 506 Fairfield St compare to others on Fairfield St?
We track 4 other properties on Fairfield St. Browse the list under "Other properties on Fairfield St" to compare beds, baths, and sale history.
What are the property facts for 506 Fairfield St?
506 Fairfield St is a 3 bed, 2 bath, 1,542 sqft, 13,068 sqft lot single_family.
Is 506 Fairfield St a flip candidate?
No — 506 Fairfield St does not appear in our flips dataset.
Is 506 Fairfield St a tax-appeal candidate?
No — 506 Fairfield St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.3%
Implied 1-yr
+5.4%
2026 Q3
$416.6K
2026 Q4
$421.8K
ZIP 48197 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairfield St