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5035 Merritt Rd, Ypsilanti, MI, 48197

4beds
2baths
1,586sqft
$367,000
$231price/sqft
$2,632/moest. monthly cost
$105,280/yrincome needed

About This Home

***OFFER RECEIVED - All offers due 8/3 at 5 PM. ***Tucked on 2.85 acres in Ypsilanti Township, this 4 bed, 2 bath ranch offers 1,586 sq ft of main-level living and lots of privacy. Cozy up by the gas fireplace in the den, or unwind in the 3 season room. Apple trees, grape vines, and a massive pole barn set the stage for the homestead life you've been planning. Highway access is minutes away, but you'd never know it. The property is quiet, the land is generous, and the storage is exceptional throughout. Main-level laundry is already in place and converts easily back to a bedroom. Accessible rear entry via ramp. New septic tank and field to be installed prior to closing. Priced to leave the next owner real room to finish the vision and make it their own. Schedule your tour today.

Getting Around

4
WalkingCar-Dependent
0
TransitNo Nearby Transit
23
BikeSomewhat Bikeable

Schools

--
3/10
Estabrook SchoolGrades PK,1-84.1 mi
2/10
AC Tech High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Oven,Refrigerator,Washer
  • Laundry features: In Basement,Laundry Room,Main Level

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 4

Features

  • Ceiling Fan(s),Eat-in Kitchen
  • Flooring: Carpet,Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace features: Den,Gas Log
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,586
  • Total interior livable area: 1,586 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp,36 Inch Entrance Door,36' or + Hallway,Accessible Bath Sink,Accessible Mn Flr Full Bath

Details

  • Parcel number: K1130300007
  • Zoning description: R1

Features

  • Stories: 1

Lot

  • Lot size: 2.85 Acres
  • Features: Wooded,Rolling Hills
  • Lot size dimensions: 200 x 650

Parking

  • Total spaces: 3
  • Parking features: Garage Faces Side,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

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 $1,855$22,260
Home Insurance *$143$1,716
Property Taxes $446$5,352
Electricity $188$2,259
Total$2,632$31,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,240/yr
40% on housing$78,960/yr
45% on housing$70,186/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

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 48197$171
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48197$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
2026-08-05Contingent$367,000
2026-07-31Listed for sale$367,000

For Sale by Agent

AgentEvelyn Roberts
BrokerageNestEgg Properties

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