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1039 Lori St, Ypsilanti, MI, 48198

3beds
2baths
1,670sqft
$195,000
$117price/sqft
$1,645/moest. monthly cost
$65,800/yrincome needed

About This Home

Welcome! You have finally found your new home! This property is solid and priced to sell. It will not take much to make this property a dream home. It features 3 bedrooms, 1.1 bathrooms, with brick exterior. It is a lovely ranch in one of the most desirable neighborhoods in Ypsilanti Township. This home is located in a well-established neighborhood with well-kept homes. Enjoy this property and be able to commute to downtown Ypsilanti, downtown Ann Arbor, Eastern Michigan University, the University of Michigan Ann Arbor. St. Joseph Mercy Hospital Ann Arbor, University of Michigan Hospital and Trinity Health Ann Arbor Hospital. If you are an investor, this property can be a great opportunity to rent to students, nurses, doctors or a qualified tenant. It has been an income producing property for 20 years. Close to I-94 for quick commutes. Contact me to schedule a showing. This one will not last long!

Getting Around

9
WalkingCar-Dependent
33
TransitSome Transit
26
BikeSomewhat Bikeable

Schools

6/10
5/10
McBride Middle SchoolGrades 6-93.6 mi
5/10
Belleville High SchoolGrades 7-124.5 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Basement,Poured
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedroom

  • Level: Entry
  • Area: 120
  • Dimensions: 12 X 10

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 88
  • Dimensions: 11 X 8

Features

  • Finished area below ground: 500
  • Finished area above ground: 1,170

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,670 sqft

Kitchen

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Living Room

  • Level: Entry
  • Area: 195
  • Dimensions: 15 X 13

Other

  • Level: Entry
  • Area: 56
  • Dimensions: 8 X 7

Other

  • Level: Entry
  • Area: 20
  • Dimensions: 4 X 5

Primary Bedroom

  • Level: Entry
  • Area: 144
  • Dimensions: 12 X 12

Property

Details

  • Parcel number: K01114134003
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevel
  • Pool features: None
  • Patio & porch: Covered,Porch

Lot

  • Lot size: 5,662 sqft
  • Lot size dimensions: 58 x 100

Parking

  • Total spaces: 2
  • Parking features: Two Car Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

FEMA Declared Disasters in Washtenaw County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $986$11,832
Home Insurance *$101$1,212
Property Taxes $370$4,440
Electricity $188$2,259
Total$1,645$19,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,400/yr
40% on housing$49,350/yr
45% on housing$43,866/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$117This listing

vs Other Active Listings

Avg $/sqft

ZIP 48198$142
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48198$189
Washtenaw County$214

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$195,000
2012-01-23Sold$2,462

For Sale by Agent

AgentAntoine Vance
BrokerageCommunity Choice Realty Associates, LLC

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