NOT LISTED FOR SALE

1550 Ridge Rd Chelsea, MI 48118

Estimated Value: $1,511,000 - $1,725,498

4 Beds
3.5 Baths
3,906 Sq Ft
$410/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $1,092,500 $280 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,013/month

51 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Deck
  • South Meadows Elementary School Rated A-
  • 0.52 Acre Lot
  • Recreation Room

About This Home

As of May 2019

Stunning custom home with over 3900 SF of living space & 140' frontage on all sports Cavanaugh Lake! This home was carefully designed to incorporate all the lake views possible with abundant windows in every room. The great room features natural stone fireplace surrounded by built-in shelves & beautiful hickory floors. Open kitchen offers large granite island, tile splash, pot filler & w/in pantry utilizing sliding antique doors for a modern farmhouse / industrial feel. Lakeside breakfast nook along with spacious formal dining for family events & entertaining. Clever corner office can be open or private with sliding doors also. Main floor master with the best views in the house offers w/in closet & custom tile shower & marble tops. 2nd bed & full guest bath along with nicely designed laund laundry room. LL offers unique epoxied heated floors, kitchenette, 2 lakeside beds & full quartz bath along with huge open spaces for family/rec rooms. Covered porch has dual entrances & composite deck on the lakeside to sit enjoy the sunrises. This truly is lake living at its best! So much more to share, please see attachment!, Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Jeff Klink

The Charles Reinhart Company License #6506046861 Listed on: 02/26/2019

The Charles Reinhart Company

Last Buyer's Agent

Jeff Klink

The Charles Reinhart Company License #6506046861 Listed on: 02/26/2019

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,851

Year Built

  • Built in 2018

Lot Details

  • 0.52 Acre Lot
  • Private Waterfront
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • Bar Fridge
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room
  • Recreation Room
  • Water Views
  • Home Security System

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Power Generator
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,851

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Year Built: 2018
  • ResoPropertyType: Residential
  • 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: 3906.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 12850.67
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Additional Items:Water SoftenerOwned: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • General Property Info:Fireplace: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Wood Floor: Yes
  • Outbuildings:Storage Shed: Yes
  • Additional Items:Security System: Yes
  • Additional Items:Generator: Yes
  • Renewable HeatCool:In Floor Radiant Heat: Yes
  • General Property Info:SqFt Above Grade: 2406.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Basement Finished: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Washer, Refrigerator, Range, Oven, Microwave, Dryer, Double Oven, Disposal, Dishwasher, Bar Fridge
  • Interior Amenities: Ceiling Fan(s), Ceramic Floor, Garage Door Opener, Generator, Security System, Water Softener/Owned, Wood Floor
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Full, Walk-Out Access
  • LivingArea: 3906.0
  • Basement Rooms:Basement Bedrooms: 2
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 1500.0
  • Basement Rooms:Total Basement SQFT: 2406.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Bar Fridge: Yes
  • Appliances:Double Oven: Yes
  • Below Grade Sq Ft: 1500.0

Exterior Features

  • Construction Materials: Stone, Other
  • Exterior Features: Patio, Deck(s)
  • List Price: 1149000.0
  • Other Structures: Shed(s)
  • Water Body Name: Cavanaugh Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 3.0
  • Parking Features:Heated Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Hot Water
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Dock: Yes

Lot Info

  • Lot Size Acres: 0.52
  • Lot Size Area: 0.52
  • Lot Size Sq Ft: 22651.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12850.67
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Westcott Richard
Bought by
Gileczek Alan and Gileczek Marilyn
Current Estimated Value
$1,600,166

Purchase Details

Listed on
Feb 26, 2019
Closed on
May 20, 2019
Sold by
Purslow Lorne R
Bought by
Gileczek Alan and Gileczek Marilyn
Seller's Agent
Jeff Klink
The Charles Reinhart Company
Buyer's Agent
Jeff Klink
The Charles Reinhart Company
List Price
$1,149,000
Sold Price
$1,092,500
Premium/Discount to List
-$56,500
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 24, 2016
Sold by
Russell Brett M and Russell Stephanie
Bought by
Purslow Lorne R
Seller's Agent
Scott Cooper
The Charles Reinhart Company
Buyer's Agent
Jeff Klink
The Charles Reinhart Company
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.43%
Original Mortgage
$380,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Hart Hutton Julianna M and Hutton Mark J
Bought by
Russell Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2007
Sold by
Hart Hutton Julianna M and Hutton Mark J
Bought by
Hutton Julianna M Hart and Hutton Mark J

Purchase Details

Closed on
May 20, 2005
Sold by
Westcott Richard D and Westcott Linda
Bought by
Hutton Mark J and Hutton Julianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
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
Gileczek Alan -- None Listed On Document
Gileczek Alan $1,092,500 Liberty Title
Purslow Lorne R $400,000 Liberty Title
Russell Brett M $430,000 Lib
Hutton Julianna M Hart -- None Available
Hutton Mark J $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Purslow Lorne R $380,000
Previous Owner Russell Brett M $430,000
Previous Owner Hutton Mark J $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2019 05/21/19 Sold $1,092,500 -4.9% $280 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $1,149,000 +187.3% $294 / Sq Ft
03/24/2016 03/24/16 Sold $400,000 +0.3% $289 / Sq Ft View Prior Sale
03/23/2016 03/23/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $399,000 -- $288 / 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 -- $785,600 $0 $0
2024 $6,352 $634,100 $0 $0
2023 $6,049 $578,600 $0 $0
2022 $22,579 $568,100 $0 $0
2021 $21,966 $541,300 $0 $0
2020 $22,508 $553,300 $0 $0
2019 $26,034 $643,900 $643,900 $0
2018 $12,851 $321,500 $313,900 $7,600
2017 $16,280 $416,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23084981

Southwestern Michigan Association of REALTORS®

APN: 06-08-280-043