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126 Summit St

Ypsilanti, MI 48197

5 bd 1 ba 1,158 sqft Built 1850 Lot 9,148 sqft single_family
Most recent sale
$245,000
Dec 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 5, 2022 Sold $245,000 Realcomp
Oct 20, 2022 Listed $200,000 Realcomp
Sep 19, 2018 Listing removed $145,000 MiRealSource
Sep 17, 2018 Sold $140,000 Public Record
Jul 10, 2018 Listing removed $145,000 Realcomp
Jul 9, 2018 Listed $145,000 MiRealSource
May 18, 2018 Listed $145,000 Realcomp
Oct 28, 2015 Listing removed $1,500 RentlinxUnits
Jul 30, 2015 Listed for rent $1,500 RentlinxUnits
Jul 14, 2015 Sold $85,000 Public Record
Jun 16, 2015 Listing removed $89,900 Realcomp
May 11, 2015 Listed $89,900 Realcomp
Jun 22, 2012 Listing removed $75,900 AnnArbor
Jan 23, 2012 Price changed $75,900 AnnArbor
Oct 3, 2011 Listed $82,000 AnnArbor
Jul 19, 2009 Listing removed $45,000 AnnArbor
Apr 19, 2009 Relisted $45,000 AnnArbor
Feb 24, 2009 Listing removed $45,000 AnnArbor
Jan 12, 2009 Listed $45,000 AnnArbor
Mar 10, 2005 Sold $136,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $82,100 $6,115
2021 $79,500 $6,316
2020 $70,500 $6,034
2019 $66,100 $5,824
2016 $56,400 $4,878
2015 $49,200 $3,673
2014 $44,200 $3,668
2013 $43,100 $3,590
2012 $40,900 $3,402
2011 $44,500 $3,634
2009 $68,100 $5,559
2008 $73,900 $5,954
2007 $76,700 $5,740

Property facts

Year built
1850
Property type
single_family
Stories
2
Beds
5
Baths
1
Living area
1,158 sqft
Lot size
9,148 sqft
ZIP code
48197
City
Ypsilanti
Street
Summit St
Coordinates
42.24346, -83.62421

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,737
Gross rental yield
8.51%
Implied cap rate
5.53%
Trend-extrapolated value

Frequently asked questions

When did 126 Summit St last sell?
126 Summit St most recently sold on Dec 5, 2022 for $245,000.
What is the current tax assessment for 126 Summit St?
The most recent total assessment for 126 Summit St (year 2022) is $82,100 with $6,115 in property tax.
How does 126 Summit St's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $245,000.
When was 126 Summit St built?
126 Summit St was built in 1850.
How does 126 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 126 Summit St?
126 Summit St is a 5 bed, 1 bath, 1,158 sqft, 9,148 sqft lot single_family.
Is 126 Summit St a flip candidate?
No — 126 Summit St does not appear in our flips dataset.
Is 126 Summit St a tax-appeal candidate?
No — 126 Summit St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.4%
2026 Q3
$416.6K
2026 Q4
$421.8K
ZIP 48197 — Median Price History + Forecast

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