NOT LISTED FOR SALE

102 E Summit St Chelsea, MI 48118

Estimated Value: $322,000 - $411,000

3 Beds
2 Baths
1,853 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $215,000 $116 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,407/month

50 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • South Meadows Elementary School Rated A-
  • No HOA
  • Porch

About This Home

As of April 2016

Beautiful two story home in walking distance to downtown Chelsea! Three bedrooms, two full baths, and a large kitchen are just a few perks of this home. Walking distance to schools, parks, shopping, the Purple Rose theater, and amazing restaurants! House has a big fenced in backyard plus an oversize garage. Brand New Windows downstairs! This house won't last long!

Last Agent to Sell the Property

Laurie Schultz

Keller Williams Ann Arbor Mrkt License #6501374187 Listed on: 02/10/2016

Keller Williams Ann Arbor Mrkt

Last Buyer's Agent

Jaimie Schmidt

Red Barn Realty LLC License #6501374060

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,343

Year Built

  • Built in 1875

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned RH, RH

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,343

Year Built

Built in 1875

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1875
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1853.0
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 3343.39
  • Tax Info:Zoning3: RH
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Window Treatments: Yes
  • General Property Info:SqFt Above Grade: 1391.0
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Tile Floor: Yes
  • Architectural Style:Colonial: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Interior Amenities: Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1853.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 462.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 462.0

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Fencing: Fenced Back
  • List Price: 222900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio, Porch(es)
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: RH

Tax Info

  • Tax Annual Amount: 3343.39
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
May 12, 2016
Sold by
Robert D Shannon
Bought by
Myer Jeremy
Seller's Agent
Laurie Schultz
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Jaimie Schmidt
Red Barn Realty LLC
List Price
$229,900
Sold Price
$215,000
Premium/Discount to List
-$14,900
-6.48%
Current Estimated Value
$369,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,692
Avg. Annual Appreciation
5.92%
Original Mortgage
$193,500
Outstanding Balance
$153,586
Interest Rate
3.57%
Estimated Equity
$216,106

Purchase Details

Closed on
Mar 29, 2001
Sold by
Mcmullen Joel E
Bought by
Shannon Robert D

Purchase Details

Closed on
Apr 2, 1996
Sold by
Bloomfield Thomas P
Bought by
Mcmullen Joel Mcmullen and Mcmullen Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,150
Interest Rate
7.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Myer Jeremy -- --
Shannon Robert D $174,500 --
Mcmullen Joel Mcmullen $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myer Jeremy $193,500
Closed Myer Jeremy --
Previous Owner Mcmullen Joel Mcmullen $130,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $215,000 -6.5% $116 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $229,900 -- $124 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,278 $140,900 $0 $0
2024 $3,121 $143,700 $0 $0
2023 $2,989 $133,700 $0 $0
2022 $2,847 $128,100 $0 $0
2021 $5,097 $124,800 $0 $0
2020 $5,036 $120,500 $0 $0
2019 $4,917 $109,100 $109,100 $0
2018 $4,765 $97,300 $0 $0
2017 $0 $92,200 $0 $0
2016 $0 $68,724 $0 $0
2015 -- $68,519 $0 $0
2014 -- $71,577 $0 $0
2013 -- $71,577 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23061961

Southwestern Michigan Association of REALTORS®

APN: 06-12-404-011