Photo 1 of 1005 Jefferson ST
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Active · MLS #20261084659
$150,000 2 bd2 ba1,516 sqft

1005 Jefferson ST , Ypsilanti, MI 48197

Est. $1,443/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1955
Lot0.14 acres
Garage1 spaces
Price/sqft$99
On market12 days

About this home

Welcome home to this charming ranch, tucked away on a cozy, dead-end street in a quiet neighborhood! Situated on a corner lot, this home welcomes you inside with beautiful hardwood floors and plenty of natural light flowing through the living and dining rooms. The updated kitchen features new cabinets, countertops, and appliances, creating a fresh and functional space for everyday living. Each bedroom offers generous closet space, while the partially finished basement provides additional living space, ample storage, and plenty of possibilities for a rec room, home gym, office, or hobby area. Other notable updates include a newer furnace and hot water tank (2023) and roof (2021) for added peace of mind. Outside, enjoy a spacious side yard, 1-car garage, and the convenience of an attached storage shed. With its combination of charm, comfort, and thoughtful updates, this home is a wonderful opportunity for homeowners and investors alike!

Monthly payment

$1,443per month
Principal & interest$853
Property tax, current$328
Homeowners insurance$200
Mortgage insurance (PMI)$62

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$150,000
Beds2
Baths1 full, 1 half
Square feet1,516
TypeSingle family residence
SubdivisionPARK RIDGE SUB
CountyWashtenaw
MLS #20261084659
Listed2026-10-22
Days on market12
Year built1955
PossessionAt closing
Stories1 story
BasementPartially finished
HeatingForced air, Natural gas
FoundationBasement, Block
Garage spaces1.0
Water / SewerCity water / Sewer at street
Parcel number111137204001
Listing officeThrive Realty Company

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$63,211about $75,000
Yearly property tax$3,934about $4,747

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $813 a year more than this seller pays. The assessor's state equalized value (SEV) is $65,700. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Ypsilanti's 2025 homestead rate of 63.29 mills and assumes you claim the homestead exemption. See Ypsilanti's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-04T01:25+00:00; refreshed at least twice daily.

$150,000Est. $1,443/mo
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