NOT LISTED FOR SALE

145 E Summit St Chelsea, MI 48118

Estimated Value: $489,000 - $593,000

1 Bed
3 Baths
7,212 Sq Ft
$72/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $389,000 $54 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,923/month

26 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • No HOA
  • South Meadows Elementary School Rated A-
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

Be inspired! Come experience this space and imagine all the potential for redevelopment into a glorious single family home, a two family residence (under existing RS-3 zoning) or up to 3-4 units with rezoning to Planned Unit Development. The structure was built in two phases, 1892 saw the construction of the sanctuary and in 1940 the classrooms and offices were added. Both sections feature a full basement with walkout access to exterior and several windows throughout the finished space. Previous sanctuary is 1355 sq ft with a 42 sq ft loft space and former office/class room space is 1710 sq ft featuring original oak hard wood, sanded and ready for finish. Current owner has plans for a 4 bed 3.5 bath home with full in-law apartment in lower level. Plans are included in the sale. Owner will cooperate in converting one of the 1/2 bath's in the lower level to a full bath in the event the buyer wishes to occupy the property during their future build out to enable financing as a residential property (at buyer's expense) This is a unique offering with a limited window of availability. Schedule a private showing and start planning to make your dream home a reality!, Rec Room: Finished

Last Agent to Sell the Property

Todd Koch

KW Realty Living License #6501329223 Listed on: 06/17/2021

Last Buyer's Agent

Nancy Bishop

The Charles Reinhart Company License #6506044662

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1892

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 72x132
  • Property is zoned ME, ME

Parking

  • Additional Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Recreation Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Stubbed For A Bathroom
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • E Congdons 3Rd Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,239

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Other
  • Year Built: 1892
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 72x132
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 7212.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 1239.0
  • Tax Info:Zoning3: ME
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Location Property Info:Subdivision2: E Congdons 3rd Add
  • Substructure:Walk Out: Yes
  • Substructure:Daylight: Yes
  • General Property Info:SqFt Above Grade: 3836.0
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Basement Finished: Yes
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Flooring: Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Total Bedrooms: 1
  • Half Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Daylight, Walk-Out Access
  • LivingArea: 7212.0
  • Basement Rooms:Basement Finished SQFT: 3376.0
  • Basement Rooms:Total Basement SQFT: 3376.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Additional Items:Basement Plumbed for Bath: Yes
  • Below Grade Sq Ft: 3376.0

Exterior Features

  • Construction Materials: Brick
  • List Price: 389000.0
  • Lot Features: Sidewalk
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Features: Additional Parking
  • Parking Features:Additional Parking: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 72x132
  • Lot Size Sq Ft: 9583.0
  • Zoning Description: ME
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1239.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 16, 2021
Sold by
Jam Master J Llc
Bought by
Mcmahon Brendan Cory and Epstein Mark J
Seller's Agent
Todd Koch
KW Realty Living
Buyer's Agent
Nancy Bishop
The Charles Reinhart Company
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$519,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,745
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Jan 8, 2021
Sold by
Immanuel Bible Churchs
Bought by
Jam Master J Llc
Source: Public Records

Range of Values:

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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
Mcmahon Brendan Cory $389,000 Liberty Title
Jam Master J Llc $289,000 Liberty Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $389,000 0.0% $54 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $389,000 -- $54 / 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 $1,874 $255,000 $0 $0
2024 $1,902 $45,100 $0 $0
2023 $1,902 $39,600 $0 $0
2022 $0 $39,600 $0 $0
2021 $5 $0 $0 $0
2020 $5 $0 $0 $0
2019 $5 $0 $0 $0
2018 $5 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23111380

Southwestern Michigan Association of REALTORS®

APN: 06-12-403-032