NOT LISTED FOR SALE

13537 E Old Us Highway 12 Chelsea, MI 48118

Estimated Value: $270,000 - $318,000

3 Beds
2 Baths
1,614 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $225,000 $139 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,767/month

76 Days on Market

Highlights

  • 0.85 Acre Lot
  • Recreation Room
  • No HOA
  • South Meadows Elementary School Rated A-
  • Pole Barn
  • 2 Car Attached Garage

About This Home

As of March 2023

Ranch home, just minutes from downtown Chelsea! 3 bedrooms, 2 full baths on the main floor, with extra living space in the basement - family room and partially finished rec room, along with another full bathroom. The home sits on almost an acre with a fenced in back yard, 28 x 32 pole barn with 12' ceilings. Home is being sold as is, Rec Room: Partially Finished, Rec Room: Finished

Last Agent to Sell the Property

Lisa Taylor

Norfolk Realty Limited License #6501389387 Listed on: 12/06/2022

Last Buyer's Agent

Lisa Taylor

Norfolk Realty Limited License #6501389387 Listed on: 12/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1970

Lot Details

  • 0.85 Acre Lot
  • Back Yard Fenced
  • Property is zoned RH, RH

Parking

  • 2 Car Attached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

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

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$782

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 283.56
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1614.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 782.0
  • Tax Info:Zoning3: RH
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • General Property Info:SqFt Above Grade: 864.0
  • Additional Items:Basement Finished: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Other Structures:Pole Barn: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven, Range, Washer, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Laminate, Tile, Vinyl
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1614.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 750.0
  • Basement Rooms:Total Basement SQFT: 850.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 750.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Fencing: Fenced Back
  • List Price: 245000.0
  • Other Structures: Pole Barn
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.85
  • Lot Size Area: 0.85
  • Lot Size Sq Ft: 37026.0
  • Zoning Description: RH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 782.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Mar 22, 2023
Sold by
Commercial Property Investors Of Lima Ll
Bought by
Koval Patricia J
Seller's Agent
Lisa Taylor
Norfolk Realty Limited
Buyer's Agent
Lisa Taylor
Norfolk Realty Limited
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Current Estimated Value
$292,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,249
Avg. Annual Appreciation
10.17%
Original Mortgage
$202,500
Outstanding Balance
$196,131
Interest Rate
6.12%
Mortgage Type
Construction
Estimated Equity
$96,118

Purchase Details

Closed on
Dec 28, 2022
Sold by
Williams Patricia F
Bought by
Commercial Property Investors Of Lima Llc

Purchase Details

Closed on
Dec 7, 2022
Sold by
Patricia I Franke Trust
Bought by
Commercial Property Investors Of Lima Llc

Purchase Details

Closed on
Nov 2, 2011
Sold by
Belew Kevin J
Bought by
Franke Patricia F and Belew Patricia F

Purchase Details

Closed on
Dec 18, 2008
Sold by
Commercial Property Investors Of Lima Ll
Bought by
Belew Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
Vargo Patrick L and Vargo Patrick Louis
Bought by
Commercial Property Investors Lima Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Koval Patricia J $225,000 Liberty Title
Commercial Property Investors Of Lima Llc -- --
Commercial Property Investors Of Lima Llc -- --
Franke Patricia F -- None Available
Belew Kevin -- None Available
Commercial Property Investors Lima Llc $199,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koval Patricia J $202,500
Previous Owner Belew Kevin $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $225,000 -8.2% $139 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
12/06/2022 12/06/22 For Sale $245,000 -- $152 / Sq Ft
Source: MichRIC

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 $2,740 $103,000 $0 $0
2024 $958 $91,600 $0 $0
2023 $820 $83,700 $0 $0
2022 $4,087 $80,300 $0 $0
2021 $3,970 $79,100 $0 $0
2020 $3,922 $73,100 $0 $0
2019 $3,829 $70,000 $70,000 $0
2018 $3,714 $82,500 $0 $0
2017 $2,868 $83,000 $0 $0
2016 $0 $66,318 $0 $0
2015 -- $66,120 $0 $0
2014 -- $64,055 $0 $0
2013 -- $64,055 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23090996

MichRIC

APN: 07-18-400-004