NOT LISTED FOR SALE

16880 Waterloo Rd Chelsea, MI 48118

Estimated Value: $394,000 - $472,000

3 Beds
2 Baths
2,474 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 14, 2012

Last sale price $166,000 $67 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,556/month

40 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Fireplaces
  • South Meadows Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of May 2012

Nice Ranch On Secluded 2 Acres With A View Of Winnewana Lake And Backing To State Land. Living And Family Rooms. Finished Basement With A Super Rec Rm. 2 Fireplaces.This Is A Fannie Mae Home Path Property. Purchase This Home For As Little As 3% Down!this Property Is Approved For Homepath Mortgage Financing & Homepathrenovation Mortgage Financing., Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Judith Matthews-Nana

Howard Hanna Real Estate License #6501289451 Listed on: 02/26/2012

Last Buyer's Agent

Bob White

Bob White Realty License #6504154949

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1987

Lot Details

  • 2.2

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Schools

  • Chelsea Elementary And Middle School
  • Chelsea High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Additional Features

  • Deck
  • 2.2 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,354

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1987
  • 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: 2474.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2354.0
  • Tax Info:Zoning3: Res
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Wood Floor: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1474.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Vinyl Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Basement Finished: Yes
  • General Property Info Elementary School2: Chelsea
  • General Property Info High School: Chelsea
  • General Property Info Middle School2: Chelsea
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wood Floor
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 2474.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 1000.0
  • Fireplace:Wood Burning: Yes
  • Below Grade Sq Ft: 1000.0

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Deck(s)
  • List Price: 166000.0
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Parking Features Attached2: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic System
  • Utilities: Natural Gas Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Chelsea
  • High School: Chelsea
  • Middle/Junior School: Chelsea

Lot Info

  • Lot Size Acres: 2.2
  • Lot Size Area: 2.2
  • Lot Size Sq Ft: 95832.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2354.0
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2011
Sold by
Williams Gregory K and Williams Tina M
Bought by
The Federal National Mortgage Associatio
Current Estimated Value
$424,692

Purchase Details

Closed on
Oct 6, 2003
Sold by
Laidlaw Steven S and Laidlaw Sheri S
Bought by
Williams Gregory K and Williams Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
The Federal National Mortgage Associatio $234,084 None Available
Williams Gregory K $247,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Gregory K $246,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2012 05/14/12 Sold $166,000 -5.7% $67 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
02/26/2012 02/26/12 For Sale $176,000 -- $71 / 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 $3,993 $192,500 $0 $0
2024 $1,162 $177,100 $0 $0
2023 $1,107 $173,900 $0 $0
2022 $3,654 $164,800 $0 $0
2021 $3,837 $138,800 $0 $0
2020 $3,794 $133,200 $0 $0
2019 $959 $117,000 $117,000 $0
2018 $2,503 $111,200 $0 $0
2017 $3,044 $103,300 $0 $0
2016 $0 $86,313 $0 $0
2015 -- $86,055 $0 $0
2014 -- $86,300 $0 $0
2013 -- $86,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23096387

MichRIC

APN: 05-31-105-016