715 Prospect Rd
Ypsilanti, MI 48198
2 bd 1 ba 992 sqft Built 1942 Lot 7,841 sqft single_family
Most recent sale
$276,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $276,000 | MLS #3286946 |
| Mar 31, 2022 | Listed | $240,000 | MLS #3286946 |
| Jun 4, 2018 | Sold | $200,000 | Public Record |
| Dec 28, 2001 | Sold | $140,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $108,000 | $5,849 |
| 2024 | — | — | $108,000 | $6,146 |
| 2023 | — | — | $90,000 | $5,736 |
| 2022 | — | — | $81,000 | $4,132 |
| 2021 | — | — | $74,700 | $3,871 |
| 2020 | — | — | $70,100 | $4,206 |
| 2019 | — | — | $57,800 | $4,042 |
| 2016 | — | — | $49,300 | $3,067 |
| 2015 | — | — | $44,100 | $2,826 |
| 2014 | — | — | $44,100 | $2,834 |
| 2013 | — | — | $41,000 | $2,771 |
| 2012 | — | — | $40,400 | $2,626 |
| 2011 | — | — | $44,500 | $2,825 |
| 2010 | — | — | $44,000 | $2,671 |
| 2009 | — | — | $62,000 | $3,670 |
| 2008 | — | — | $69,600 | $4,074 |
| 2007 | — | — | $75,000 | $4,282 |
Property facts
Year built
1942
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
992 sqft
Lot size
7,841 sqft
ZIP code
48198
City
Ypsilanti
Street
Prospect Rd
Coordinates
42.25114, -83.60326
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,488
Gross rental yield
6.47%
Implied cap rate
4.21%
Trend-extrapolated value
—
Frequently asked questions
When did 715 Prospect Rd last sell?
715 Prospect Rd most recently sold on Apr 29, 2022 for $276,000.
What is the current tax assessment for 715 Prospect Rd?
The most recent total assessment for 715 Prospect Rd (year 2025) is $108,000 with $5,849 in property tax.
How does 715 Prospect Rd's assessment compare to its last sale price?
The current assessment is 60.9% below the last sale price of $276,000.
When was 715 Prospect Rd built?
715 Prospect Rd was built in 1942.
How does 715 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 715 Prospect Rd?
715 Prospect Rd is a 2 bed, 1 bath, 992 sqft, 7,841 sqft lot single_family.
Is 715 Prospect Rd a flip candidate?
No — 715 Prospect Rd does not appear in our flips dataset.
Is 715 Prospect Rd a tax-appeal candidate?
No — 715 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