masterkey logo
1079 Mark St
Score
58
Ypsilanti, MI

1079 Mark St

380K
3 bd • 3 ba • 2,269 sf

This analysis was generated on 4/29/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00

Property Overview

List Price
$380,000
+28%vs 48197
Price/Sq.Ft
$167
-12%vs 48197
Above Fair Value
1.3% above range

Current Price

$380,000

Fair Range

$365,000 - $375,000

$380,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$370,000
Success Probability:High(65%)

AI Rationale

The offer reflects the necessary repairs and market conditions. The property's positives, like the updated kitchen, are balanced against the needed investments. The market's transitional state may give buyers some leverage.

Overall Score
58
74
Home Condition
75
Natural Light
42
Value
63
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Mini-split AC unit
Mini-split AC unit

Mini-split AC unit

The mini-split AC unit in the living room is a less desirable alternative to central air conditioning.

Dated Fireplace
Dated Fireplace

Dated Fireplace

The fireplace has a dated brick surround and tile design.

Vertical Paneling
Vertical Paneling

Vertical Paneling

The living room has vertical paneling that looks dated.

Dated Shower
Dated Shower

Dated Shower

The bathroom has a dated shower with a shower curtain.

Exposed Basement Ceiling
Exposed Basement Ceiling

Exposed Basement Ceiling

The basement has exposed ceiling joists and utilities, giving it an unfinished appearance.

Exposed Pipes and Wiring
Exposed Pipes and Wiring

Exposed Pipes and Wiring

The laundry area in the basement has exposed pipes and wiring.

Entryway tile
Entryway tile

Entryway tile

The front entry tile appears dated and could benefit from an update.

Stair railing
Stair railing

Stair railing

The black iron railing on the stairs is dated and doesn't match the updated aesthetic of the rest of the house.

Dark Bathroom Ceiling
Dark Bathroom Ceiling

Dark Bathroom Ceiling

The ceiling in the bathroom is painted a dark color, making the room feel smaller.

Basic Tub/Shower
Basic Tub/Shower

Basic Tub/Shower

The bathroom features a basic tub/shower combination with a dated shower curtain.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Jul
2019
$289,900Financed
July 23, 2019
From:Kinzer Llc
To:Sarah Wojtys
Warranty Deed
Standard Sale (Purchase/Resales)

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$380,000
-30%List: $380,000+30%
20%
$76,000of $380,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$101,790
Closing Costs
+$25,790
Down Payment
$76,000
Buyer Agent Fee
$9,690
Loan Fees
$3,040
Title & Escrow
$2,280
Inspections
$900
Transfer Tax
$4,180
Prepaid Expenses
$5,700

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 24 day average
This is a new listing, while homes in this area typically sell in 24 days
Inventory Health
79
homes for sale
32 homes sold last month, indicating 2.5x more supply than demand
Price Dynamics
100.3%
of asking price
Homes typically sell for 0.3% above asking price

Price Trajectory

$320,000
Current median price
-1.7%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is cooling
Prices are down 4.5% over the last 3 months
3 Months
-4.5%
6 Months
-9.9%
1 Year
-1.7%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 78.0% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$320,000
3 Months Ago
$235,000
+36.2%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$380,000
Price/sqft
$167
Layout
3 bd3 ba
NaN

Stats in the Area

Based on 5 comparable properties nearby

Average Price

$348,634

9.0%

Your price is 9.0% above average

Median Price

$331,500

14.6%

Based on 5 recent sales

Price per Sq.Ft

$157

6.7%

Your price is 6.7% above average $/sqft

Comparable Properties

470 Douglas Street, Ypsilanti, MI 48197
Price: $445,000
Sq.Ft: 2,580
Beds/Baths: 4/3
$/Sq.Ft:
$1723.0%
Sale Date: 2/17/2025
1622 Gregory Street, Ypsilanti, MI 48197
Price: $325,000
Sq.Ft: 2,400
Beds/Baths: 3/2
$/Sq.Ft:
$13519.1%
Sale Date: 3/10/2025
1646 Whittier Road, Ypsilanti, MI 48197
Price: $331,500
Sq.Ft: 2,067
Beds/Baths: 3/2
$/Sq.Ft:
$1604.2%
Sale Date: 3/7/2025
1237 Elbridge Street, Ypsilanti, MI 48197
Price: $301,670
Sq.Ft: 1,871
Beds/Baths: 4/2
$/Sq.Ft:
$1613.7%
Sale Date: 12/21/2024
505 Emmet Street, Ypsilanti, MI 48197
Price: $340,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 1/15/2025

Schools

Nearby school quality by education level

High

3.0/10
Below Average

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 3 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Inspect the basement for signs of water damage, especially around the foundation walls and near the laundry area's exposed pipes.

Thoroughly inspect the roof, looking for missing, damaged, or curling shingles. Check for any signs of leaks or water damage in the attic, if accessible.

Questions to Ask

Important questions to ask during the tour

What is the age of the roof, and are there any warranties still in effect? Are there any known issues or past repairs related to the roof?

Has the property ever experienced any flooding or water damage? If so, what measures were taken to remediate the problem?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results