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For sale
  • $189,900

    507 Madison St, Ypsilanti, MI 48197

    3beds
    1,760sqft
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    Single Family Residence
    Built in 1970
    6,098 Square Feet Lot
    $196,400 Zestimate®
    $108/sqft
    $-- HOA

    What's special

    Welcome to this charming 3-bedroom, 1.5-bath brick ranch nestled in one of Ypsilanti’s established neighborhoods! Offering timeless curb appeal, a functional layout, and a full basement with endless potential, this home is ready for its next owner to make it their own. Inside, you’ll find comfortable living spaces, generously sized bedrooms, and the durability and low-maintenance appeal that comes with classic brick construction. Whether you’re looking for extra storage, a workshop, home gym, or future finished living space, the expansive basement provides plenty of flexibility. Conveniently located just minutes from Eastern Michigan University, this home offers quick access to local dining, shopping, parks, and the vibrant shops and restaurants of historic Depot Town. Commuters will appreciate the easy access to I-94, making trips to Ann Arbor, Detroit Metro Airport, and surrounding communities a breeze. The University of Michigan and downtown Ann Arbor are also just a short drive away, giving you the best of both communities. Eastern Michigan University University of Michigan Depot Town. Whether you’re a first-time homebuyer, downsizing, or searching for a smart investment opportunity, this well-located ranch offers comfort, convenience, and outstanding potential. Schedule your private showing today!
    8 days
    |
    1,514
    |
    133
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew M Cheetwood 248-828-5640,

    Social House Real Estate Group LLC 313-784-9879

    Source: Realcomp II,MLS#: 20261050293MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Entry
      • Area: 121
      • Dimensions: 11 X 11
      Bedroom
      • Level: Entry
      • Area: 99
      • Dimensions: 11 X 9
      Bedroom
      • Level: Entry
      • Area: 88
      • Dimensions: 11 X 8
      Other
      • Level: Entry
      Other
      • Level: Basement
      Kitchen
      • Level: Entry
      • Area: 63
      • Dimensions: 9 X 7
      Laundry
      • Level: Basement
      • Area: 70
      • Dimensions: 10 X 7
      Living room
      • Level: Entry
      • Area: 210
      • Dimensions: 15 X 14
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Free Standing Gas Range, Free Standing Refrigerator, Washer
      Features
      • Basement: Partially Finished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,760 sqft
      • Finished area above ground: 960
      • Finished area below ground: 800

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: One
      • Stories: 1
      • Entry location: GroundLevelwSteps
      • Patio & porch: Covered
      • Pool features: None
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 50 x 122
      Details
      • Parcel number: 111137151005
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl Siding
      • Foundation: Basement, Poured
      Condition
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: PARK RIDGE
      HOA
      • Has HOA: No
      Location
      • Region: Ypsilanti

      Financial & listing details

      • Price per square foot: $108/sqft
      • Tax assessed value: $63,704
      • Annual tax amount: $4,785
      • Date on market: 7/6/2026
      • Cumulative days on market: 8 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        $196,400

        $181,000 - $212,000

        $1,392/mo

        Price history

        DateEventPrice
        7/6/2026Listed for sale$189,900+17.2%$108/sqft
        Source: Realcomp II #20261050293 Report a problem
        2/20/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/17/2024Listed for rent$2,000$1/sqft
        Source: Zillow Rentals Report a problem
        11/23/2022Sold$162,000-1.8%$92/sqft
        Source: MichRIC #54636 Report a problem
        11/3/2022Pending sale$165,000$94/sqft
        Source: AAABOR #3291273 Report a problem
        10/22/2022Contingent$165,000$94/sqft
        Source: AAABOR #3291273 Report a problem
        10/11/2022Listed for sale$165,000$94/sqft
        Source: AAABOR #3291273 Report a problem
        10/10/2022Listing removed--
        Source: AAABOR #3289589 Report a problem
        10/3/2022Price change$165,000-2.9%$94/sqft
        Source: AAABOR #3289589 Report a problem
        9/6/2022Pending sale$170,000$97/sqft
        Source: AAABOR #3289589 Report a problem
        8/16/2022Contingent$170,000$97/sqft
        Source: AAABOR #3289589 Report a problem
        7/28/2022Price change$170,000-5.5%$97/sqft
        Source: AAABOR #3289589 Report a problem
        7/15/2022Listed for sale$179,900+386.2%$102/sqft
        Source: AAABOR #3289589 Report a problem
        6/25/2014Sold$37,000-7.5%$21/sqft
        Source: Public Record Report a problem
        3/18/2014Listed for sale$40,000-51.6%$23/sqft
        Source: Ann Arbor Market Center, Inc. #3220065 Report a problem
        12/20/2013Sold$82,666-29.9%$47/sqft
        Source: Public Record Report a problem
        10/27/2006Sold$118,000+51.3%$67/sqft
        Source: Public Record Report a problem
        9/6/2006Sold$78,000-12.7%$44/sqft
        Source: Public Record Report a problem
        5/27/2005Sold$89,352-10.6%$51/sqft
        Source: Public Record Report a problem
        5/24/2004Sold$100,000$57/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,794 $70,100 +3.5%
        2024-- $67,700 +18.2%
        2023-- $57,300 +12.1%
        2022-- $51,100 +15.3%
        2021-- $44,300 +18.8%
        2020$2,509 $37,300 +15.5%
        2019-- $32,300 +9.5%
        2018-- $29,500 +5.4%
        2017$1,905 $28,000 +0.4%
        2016$1,905 $27,883 +0.3%
        2015-- $27,800 -2.5%
        2014-- $28,500
        2013-- $28,500 -8.4%
        2012-- $31,100 -9.6%
        2011-- $34,400 -12.9%
        2010-- $39,500 -2.2%
        2009-- $40,400 -20.5%
        2008-- $50,800 -5.8%
        2007-- $53,900 +1.7%
        2005-- $53,000 +11.1%
        2004-- $47,700 +3%
        2003-- $46,300 +37.8%
        2002$1,427 +24.2%$33,600
        2001$1,149 -58.2%$33,600 +10.2%
        2000$2,746 +852.5%$30,500 +4.5%
        1999$288 $29,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Heritage Park

        Getting around

        43 / 100
        Car-Dependent
        45 / 100
        Some Transit
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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