1597 Prospect Rd
Ypsilanti, MI 48198
2 bd 1 ba 1,004 sqft Built 1938 Lot 50,965 sqft single_family
Most recent sale
$178,000
Mar 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 18, 2022 | Listing removed | $149,500 | AnnArbor |
| Mar 7, 2022 | Sold | $178,000 | MLS #3285386 |
| Dec 16, 2021 | Listed | $193,900 | MLS #3285386 |
| Jul 23, 2010 | Sold | $22,000 | Public Record |
| Mar 12, 2010 | Listing removed | $26,000 | AnnArbor |
| Feb 19, 2010 | Relisted | $26,000 | MLS #2909986 |
| Nov 3, 2009 | Listing removed | $26,000 | AnnArbor |
| Oct 23, 2009 | Listed | $26,000 | MLS #2909986 |
| Mar 22, 2009 | Listing removed | $100,000 | AnnArbor |
| May 27, 2008 | Listed | $100,000 | MLS #2806365 |
| Nov 29, 1995 | Sold | $82,500 | Public Record |
| Sep 27, 1990 | Sold | $68,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $65,400 | $1,612 |
| 2020 | — | — | $64,300 | $2,229 |
| 2019 | — | — | $57,400 | $2,172 |
| 2018 | — | — | $53,400 | $1,930 |
| 2017 | — | — | $53,400 | $1,851 |
| 2016 | — | — | $52,800 | $1,840 |
| 2015 | — | — | $49,800 | $1,768 |
| 2014 | — | — | $48,900 | $1,237 |
| 2013 | — | — | $48,000 | $1,626 |
| 2012 | — | — | $47,800 | $1,647 |
| 2011 | — | — | $48,700 | $1,663 |
| 2010 | — | — | $49,200 | $2,545 |
| 2009 | — | — | $58,900 | $1,016 |
| 2008 | — | — | $59,300 | $744 |
Property facts
Year built
1938
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
1,004 sqft
Lot size
50,965 sqft
ZIP code
48198
City
Ypsilanti
Street
Prospect Rd
Coordinates
42.26441, -83.60351
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,506
Gross rental yield
10.15%
Implied cap rate
6.60%
Trend-extrapolated value
—
Frequently asked questions
When did 1597 Prospect Rd last sell?
1597 Prospect Rd most recently sold on Mar 7, 2022 for $178,000.
What is the current tax assessment for 1597 Prospect Rd?
The most recent total assessment for 1597 Prospect Rd (year 2021) is $65,400 with $1,612 in property tax.
How does 1597 Prospect Rd's assessment compare to its last sale price?
The current assessment is 63.3% below the last sale price of $178,000.
When was 1597 Prospect Rd built?
1597 Prospect Rd was built in 1938.
How does 1597 Prospect Rd compare to others on Prospect Rd?
We track 8 other properties on Prospect Rd. Browse the list under "Other properties on Prospect Rd" to compare beds, baths, and sale history.
What are the property facts for 1597 Prospect Rd?
1597 Prospect Rd is a 2 bed, 1 bath, 1,004 sqft, 50,965 sqft lot single_family.
Is 1597 Prospect Rd a flip candidate?
No — 1597 Prospect Rd does not appear in our flips dataset.
Is 1597 Prospect Rd a tax-appeal candidate?
No — 1597 Prospect Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.6%
2026 Q3
$229.1K
2026 Q4
$228.1K
ZIP 48198 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Rd