1 Summit St
Ypsilanti, MI 48197
7 bd 4 ba 2,547 sqft Built 1886 Lot 6,970 sqft multi_family
Most recent sale
$330,000
Jun 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 24, 2022 | Sold | $330,000 | Realcomp |
| Jun 8, 2022 | Sold | $330,000 | Public Record |
| Apr 13, 2022 | Listed | $350,000 | MLS #2220025193 |
| Jun 15, 2015 | Listing removed | $249,900 | AnnArbor |
| Mar 20, 2015 | Listed | $249,900 | MLS #3229310 |
| May 8, 2012 | Listing removed | $159,000 | AnnArbor |
| Jan 31, 2012 | Listing removed | $159,000 | AnnArbor |
| Jan 30, 2012 | Listed | $159,000 | MLS #3200702 |
| Oct 14, 2011 | Listed | $159,000 | MLS #3107855 |
| Mar 19, 2007 | Sold | $165,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $142,300 | $10,279 |
| 2024 | — | — | $142,300 | $10,608 |
| 2023 | — | — | $121,400 | $9,944 |
| 2022 | — | — | $110,700 | $7,225 |
| 2021 | — | — | $106,800 | $6,816 |
| 2020 | — | — | $97,500 | $7,256 |
| 2019 | — | — | $97,600 | $7,030 |
| 2016 | — | — | $85,100 | $6,541 |
| 2015 | — | — | $76,100 | $6,407 |
| 2014 | — | — | $76,200 | $6,354 |
| 2013 | — | — | $75,700 | $6,219 |
| 2012 | — | — | $71,600 | $5,934 |
| 2011 | — | — | $79,200 | $5,672 |
| 2010 | — | — | $68,300 | $5,387 |
| 2009 | — | — | $83,300 | $6,446 |
| 2008 | — | — | $87,300 | $6,698 |
| 2007 | — | — | $98,000 | $5,495 |
Property facts
Year built
1886
Property type
multi_family
Stories
—
Beds
7
Baths
4
Living area
2,547 sqft
Lot size
6,970 sqft
ZIP code
48197
City
Ypsilanti
Street
Summit St
Coordinates
42.24116, -83.62491
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,821
Gross rental yield
13.89%
Implied cap rate
9.03%
Trend-extrapolated value
—
Frequently asked questions
When did 1 Summit St last sell?
1 Summit St most recently sold on Jun 8, 2022 for $330,000.
What is the current tax assessment for 1 Summit St?
The most recent total assessment for 1 Summit St (year 2025) is $142,300 with $10,279 in property tax.
How does 1 Summit St's assessment compare to its last sale price?
The current assessment is 56.9% below the last sale price of $330,000.
When was 1 Summit St built?
1 Summit St was built in 1886.
How does 1 Summit St compare to others on Summit St?
We track 8 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 1 Summit St?
1 Summit St is a 7 bed, 4 bath, 2,547 sqft, 6,970 sqft lot multi_family.
Is 1 Summit St a flip candidate?
No — 1 Summit St does not appear in our flips dataset.
Is 1 Summit St a tax-appeal candidate?
No — 1 Summit 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 Summit St