NOT LISTED FOR SALE

17981 Waterloo Rd Chelsea, MI 48118

Estimated Value: $364,000 - $420,000

3 Beds
3 Baths
2,048 Sq Ft
$194/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $365,000 $178 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,359/month

52 Days on Market

Highlights

  • Spa
  • Recreation Room
  • No HOA
  • South Meadows Elementary School Rated A-
  • Wood Flooring
  • Double Oven

About This Home

As of September 2022

Walking,hiking,fishing,boating,camping are just some of the great amenities that surround you when you make this beautiful house your home nestled in the heart of Waterloo recreation area. Sitting on 2 acres surrounded by mature trees this 3 bedroom,3 full bath home with a walkout basement and year round sunrooms on the main level and basement level will be everything you are looking for in this quiet country setting. The main level has hardwood and laminate flooring, 3 bedrooms one with a primary bath and another full bath, large living room and kitchen. The basement has a family room, full bathroom, laundry room and large area for storage or exercise or office area. The lower level sunroom has a hot tub and french doors that open up to a nice brick paver patio that is fenced in. The up upper level sunroom boosts a beautiful view of the backyard. With a 2.5 car garage you will have plenty of space for your toys and car and there is a shed in the backyard to store your lawn mower or gardening tools. Don't miss this great opportunity to own a little piece of paradise. Main floor has been painted, new pergo floors in master and living room, fence installed in backyard, AC replaced 2022, Fridge replaced 2021, One year home warranty, Rec Room: Finished

Last Listed By

Traci Cole

Workhorse Realty LLC License #6501390575 Listed on: 08/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,354

Year Built

  • Built in 1989

Lot Details

  • 2 Acre Lot
  • Back Yard Fenced

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Recreation Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,354

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Ranch: Yes
  • Security Features:Security System: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Laminate, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hot Tub Spa, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Slab, Walk-Out Access
  • LivingArea: 2048.0
  • Other Equipment: Satellite Dish
  • Window Features: Window Treatments
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 600.0
  • Basement Rooms:Total Basement SQFT: 1367.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Water Softener-Owned: Yes
  • Below Grade Sq Ft: 600.0

Exterior Features

  • Construction Materials: Brick, Stone, Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 370000.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Patio
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level
  • Security Features: Security System
  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 2.0
  • Lot Size Area: 2.0
  • Lot Size Sq Ft: 87120.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5354.31
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 23, 2022
Sold by
Wilbanks Adam
Bought by
Wilbanks Adam and Wilbanks Leah
Seller's Agent
Traci Cole
Workhorse Realty LLC
Buyer's Agent
Sharon Weintraub
Cornerstone Real Estate
List Price
$380,000
Sold Price
$365,000
Premium/Discount to List
-$15,000
-3.95%
Total Days on Market
52
Views
44
Current Estimated Value
$397,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,602
Avg. Annual Appreciation
3.33%
Original Mortgage
$328,500
Outstanding Balance
$318,480
Interest Rate
6.29%
Estimated Equity
$79,122

Purchase Details

Listed on
May 10, 2019
Closed on
Jul 2, 2019
Sold by
Lane Edward M and Lane Elaine
Bought by
Miller Bueche Matthew E and Miller Bueche Wendy
Seller's Agent
Olivia Samuels
Howard Hanna Real Estate
Buyer's Agent
Traci Cole
Workhorse Realty LLC
List Price
$285,000
Sold Price
$292,000
Premium/Discount to List
$7,000
2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$281,780
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2012
Closed on
Mar 23, 2012
Sold by
Lane Edward M and Lane Elaine
Bought by
Lane Elaine and Lane Edward M
Seller's Agent
Steven Easudes
Howard Hanna Real Estate
Buyer's Agent
Richard Taylor
The Charles Reinhart Company
List Price
$205,000
Sold Price
$204,000
Premium/Discount to List
-$1,000
-0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$183,600
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
Hormuth Michael S and Hormuth Barbara
Bought by
Savery Elton E and Savery Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,430
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2003
Sold by
Hormuth Michael S and Hormuth Barbara
Bought by
Hormuth Michael S and Hormuth Barbara

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
Wilbanks Adam -- --
Wilbanks Adam $365,000 Devon Title Agency
Miller Bueche Matthew E $292,000 Barristers Setmnt & Ttl Agcy
Lane Elaine -- Liberty Title
Lane Edward M $204,000 Lib
Savery Elton E $189,000 None Available
Hormuth Michael S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilbanks Adam $328,500
Closed Wilbanks Adam $328,500
Previous Owner Bueche Matthew E $282,000
Previous Owner Miller Bueche Matthew E $281,780
Previous Owner Lane Edward M $221,600
Previous Owner Lane Edward M $183,600
Previous Owner Savery Elton E $144,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $365,000 -3.9% $178 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $380,000 +30.1% $186 / Sq Ft
07/03/2019 07/03/19 Sold $292,000 +2.5% $143 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $285,000 +39.7% $139 / Sq Ft
03/23/2012 03/23/12 Sold $204,000 -0.5% $104 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $205,000 -- $104 / 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
2024 $1,731 $165,600 $0 $0
2023 $1,777 $170,000 $0 $0
2022 $5,057 $157,000 $0 $0
2021 $5,307 $140,800 $0 $0
2020 $5,256 $133,700 $0 $0
2019 $986 $122,000 $122,000 $0
2018 $2,579 $113,000 $0 $0
2017 $3,129 $105,000 $0 $0
2016 $0 $88,758 $0 $0
2015 -- $88,493 $0 $0
2014 -- $87,700 $0 $0
2013 -- $87,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23112713

Southwestern Michigan Association of REALTORS®

APN: 05-33-300-007