NOT LISTED FOR SALE

116 W Summit St Chelsea, MI 48118

Chelsea Area

Estimated Value: $278,000 - $356,000

3 Beds
2 Baths
1,500 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2015

Last sale price $120,000 $80 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,829 / mo

52 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Laundry Room
  • South Meadows Elementary School Rated A-
  • Living Room
  • Dining Room

About This Home

As of June 2015

Location, Location, Location. Right in the heart of downtown Chelsea this home features 3 bedrooms and 2 full baths. Newer carpeting and paint have given the interior some updating. It is currently used as an income property but can be easily converted to a single-family home. The top apartment could still be rented out for additional income and help paying your mortgage. Generous sized backyard with a fence and walking distance to restaurants, shopping and more in downtown Chelsea.

Last Agent to Sell the Property

Jessica Singer

Howard Hanna Real Estate License #6501384100 Listed on: 04/14/2015

Howard Hanna Real Estate

Last Buyer's Agent

Jessica Singer

Howard Hanna Real Estate License #6501384100 Listed on: 04/14/2015

Howard Hanna Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Back Yard Fenced
  • Property is zoned RS3, RS3

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Basement
  • Michigan Basement

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 80.0
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1500.0
  • Tax Info:Annual Property Tax: 2294.06
  • Tax Info:Zoning3: RS3
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1500.0
  • Laundry Features Lower Level: Yes
  • General Property Info Garage YN: No
  • Fencing:Fenced Back: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Michigan Basement
  • LivingArea: 1500.0
  • General Property Info:Stories2: 2.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 120000.0
  • Lot Features: Sidewalk
  • Exterior Material:Vinyl Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Lower Level

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: RS3

Tax Info

  • Tax Annual Amount: 2294.06
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jun 8, 2015
Sold by
Bought by
Seller's Agent
Jessica Singer
Howard Hanna Real Estate
Buyer's Agent
Jessica Singer
Howard Hanna Real Estate
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$308,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,029
Avg. Annual Appreciation
8.76%
Original Mortgage
$114,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Chelsea, MI

  • Lisa Bartleman Real Estate Agent - Norfolk Realty Limited

    Lisa Bartleman

    Norfolk Realty Limited

    (947) 224-7147

    100 Total Sales

    1 in Chelsea

    $354,000 Price

    Lisa Bartleman
     Section Image
  • Nancy Rademacher Real Estate Agent - KW Professionals Brighton

    Nancy Rademacher

    KW Professionals Brighton

    (734) 688-8089

    191 Total Sales

    1 in Chelsea

    $283,000 Price

    Nancy Rademacher
     Section Image
  • Connie McDowell Real Estate Agent - National Realty Centers, Inc

    Connie McDowell

    National Realty Centers, Inc

    (313) 351-0220

    21 Total Sales

    2 in Chelsea

    $310K - $330K Price Range

    Connie McDowell
     Section Image
  • Mary Gladchun Real Estate Agent - RE/MAX Classic

    Mary Gladchun

    RE/MAX Classic

    (734) 802-1340

    130 Total Sales

    1 in Chelsea

    $545,000 Price

    Mary Gladchun
     Section Image
  • Karolynn Schofield Real Estate Agent - RE/MAX Platinum

    Karolynn Schofield

    RE/MAX Platinum

    (734) 822-9099

    81 Total Sales

    1 in Chelsea

    $235,000 Price

    Karolynn Schofield
     Section Image
  • Susan Fletcher Real Estate Agent - RE/MAX Platinum

    Susan Fletcher

    RE/MAX Platinum

    (947) 214-8966

    39 Total Sales

    1 in Chelsea

    $300,000 Price

    Susan Fletcher
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $151,353
Closed $114,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2015 06/08/15 Sold $120,000 0.0% $80 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $120,000 -- $80 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,666 $94,300 $0 $0
2025 $1,666 $90,600 $0 $0
2024 $1,617 $85,300 $0 $0
2023 $1,541 $84,700 $0 $0
2022 $1,468 $74,800 $0 $0
2021 $3,102 $67,800 $0 $0
2020 $3,053 $64,000 $0 $0
2019 $2,983 $66,200 $66,200 $0
2018 $2,899 $55,300 $0 $0
2017 $0 $51,700 $0 $0
2016 $0 $49,900 $0 $0
2015 -- $32,818 $0 $0
2014 -- $31,400 $0 $0
2013 -- $31,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Singer Real Estate Agent - Howard Hanna Real Estate

    Seller's Agent in 2015

    Jessica Singer

    Howard Hanna Real Estate

    (734) 780-5526

    62 Total Sales

    Jessica Singer
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 44272

MichRIC

APN: 06-12-436-010

Michigan Washtenaw County Chelsea 48118

116 W Summit St, Chelsea, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.