NOT LISTED FOR SALE

Estimated Value: $251,184 - $375,000

2 Acres
$156,523 Price per Acre
87,120 Sq Ft Lot

Last Sold May 10, 2019

Last sale price $48,000

Est. 574% increase in value since last sale

Current estimated payment $1,837/month

44 Days on Market

Highlights

  • 2 Acre Lot
  • Wetlands on Lot
  • Wooded Lot
  • South Meadows Elementary School Rated A-

About This Lot

As of May 2019

Get the best of what downtown Chelsea has to offer while still enjoying country living on this beautiful 2 acre lot. Surrounded by farm land, trees and wildlife. The 2 acre parcel has a shared driveway is a short 2 mile drive to town. There is an existing functional drain field marked on the lot along with a recent survey.

Last Agent to Sell the Property

Melissa Socha

Modern Way Realty LLC License #6502410244 Listed on: 02/22/2019

Last Buyer's Agent

Melissa Socha

Modern Way Realty LLC License #6502410244 Listed on: 02/22/2019

Property Details

Property Type

  • Land

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 259 x 369
  • Irregular Lot
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number F00602100010

Community Details

Overview

  • Property is near a ravine

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 16200.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Gravel

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well-Needed

Schools

  • School District: Chelsea

Lot Info

  • List Price per Acre: 27500.0000
  • Lot Features: Hilly-Ravine, Irregular, Wetland/Swamp, Wooded
  • Lot Size Area: 2.00
  • Lot Dimensions: 259 x 369
  • Parcel Number: F00602100010
  • Zoning: Residential
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 171.0000
  • Tax Amount Winter: 1625.0000
  • Total Tax: 1796.0000

MLS Schools

  • School District: Chelsea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
May 10, 2019
Sold by
Williams Brian and Williams Kelly
Bought by
Gotte Ronald J and Viger Lisa A
Seller's Agent
Melissa Socha
Modern Way Realty LLC
Buyer's Agent
Melissa Socha
Modern Way Realty LLC
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%
Current Estimated Value
$323,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,615
Avg. Annual Appreciation
34.96%
Original Mortgage
$38,400
Outstanding Balance
$33,836
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,832

Purchase Details

Listed on
Dec 12, 2017
Closed on
May 31, 2018
Sold by
Chie Albert Robert
Bought by
Williams Kelly and Williams Brian
Seller's Agent
Linda Milkey
ERA Reardon Realty
Buyer's Agent
Jennifer Baghdoian
The Charles Reinhart Company
List Price
$38,000
Sold Price
$36,500
Premium/Discount to List
-$1,500
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.83%

Purchase Details

Listed on
Dec 12, 2017
Closed on
May 10, 2018
Sold by
Powerll Joseph
Bought by
Chie Albert Robert
Seller's Agent
Linda Milkey
ERA Reardon Realty
Buyer's Agent
Jennifer Baghdoian
The Charles Reinhart Company
List Price
$38,000
Sold Price
$36,500
Premium/Discount to List
-$1,500
-3.95%

Purchase Details

Listed on
Dec 12, 2017
Closed on
May 4, 2018
Sold by
Powell Renee
Bought by
Chie Albert Robert
Seller's Agent
Linda Milkey
ERA Reardon Realty
Buyer's Agent
Jennifer Baghdoian
The Charles Reinhart Company
List Price
$38,000
Sold Price
$36,500
Premium/Discount to List
-$1,500
-3.95%

Purchase Details

Listed on
Dec 12, 2017
Closed on
May 3, 2018
Sold by
Powell Sean
Bought by
Chie Albert Robert
Seller's Agent
Linda Milkey
ERA Reardon Realty
Buyer's Agent
Jennifer Baghdoian
The Charles Reinhart Company
List Price
$38,000
Sold Price
$36,500
Premium/Discount to List
-$1,500
-3.95%

Purchase Details

Closed on
Nov 1, 2017
Sold by
Mcclary Catherine
Bought by
Chie Albert Robert

Purchase Details

Closed on
Aug 23, 2010
Sold by
Jpmorgan Chase Bank Na
Bought by
Powell Renee

Purchase Details

Closed on
Apr 30, 2007
Sold by
Jpmorgan Chase Bank Na
Bought by
Powell Sean

Purchase Details

Closed on
Apr 5, 2005
Sold by
Bank One Michigan
Bought by
Powell Joseph

Purchase Details

Closed on
Feb 14, 2001
Sold by
Powell Marlene R
Bought by
Lucking Grace Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gotte Ronald J $48,000 Liberty Title
Williams Kelly $36,500 None Available
Chie Albert Robert -- None Available
Chie Albert Robert -- None Available
Chie Albert Robert -- None Available
Chie Albert Robert -- None Available
Powell Renee -- None Available
Powell Sean -- None Available
Powell Joseph -- --
Lucking Grace Trust $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gotte Ronald J $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $48,000 -12.7% --
04/07/2019 04/07/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $55,000 +50.7% --
05/31/2018 05/31/18 Sold $36,500 -3.9% --
05/30/2018 05/30/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $38,000 -- --
Source: Realcomp

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 -- $90,000 $0 $0
2024 $889 $85,000 $0 $0
2023 $523 $50,000 $0 $0
2022 $2,932 $50,000 $0 $0
2021 $2,938 $50,000 $0 $0
2020 $1,477 $25,000 $0 $0
2019 $1,465 $25,000 $25,000 $0
2018 $948 $16,200 $16,200 $0
2017 $1,994 $41,200 $0 $0
2016 $366 $34,489 $0 $0
2015 -- $99,302 $0 $0
2014 -- $96,200 $0 $0
2013 -- $96,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219015093

Realcomp

APN: 06-02-100-010