NOT LISTED FOR SALE

20780 Island Lake Rd Chelsea, MI 48118

Estimated Value: $652,000 - $753,000

4 Beds
3 Baths
3,591 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $383,000 $107 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,485/month

139 Days on Market

Highlights

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

About This Home

As of October 2014

Italian meets modern in this elegant 3 story home perched on a wooded hillside overlooking the valley down below. Enjoy your precious time with family or entertaining close friends. Eat your meals in the breakfast area, the large formal dining room or the great outdoors, while sitting on the spacious deck overlooking spectacular views. From waking up refreshed in the morning in your huge Master Suite to winding down in the lower level with warm fire soaking in the spa, this custom home has all the amenities you could ask for. Anderson windows, hardwood floors, two fireplaces, built in vacuum, cedar sauna prepped for a heater, wet bar and many other upgrades. Also, to keep Fido home, there is an invisible fence. Summer's here, come enjoy the view!, Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Peter Mitchell

Real Estate One Inc License #6506046794 Listed on: 06/05/2014

Real Estate One Inc

Last Buyer's Agent

No Member

Non Member Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 1999

Lot Details

  • 2.32 Acre Lot
  • Lot Dimensions are 697' x 297 x 750'
  • Property has an invisible fence for dogs

Home Design

  • Brick Exterior Construction
  • HardiePlank Siding

Interior Spaces

  • 3,591 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Treatments

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,705

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 697' x 297 x 750'
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3591.0
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 3705.0
  • Tax Info:Zoning3: res
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: 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: 2.0
  • Utilities Attached:Natural Gas: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Wood Floor: Yes
  • Additional Items:Central Vacuum: Yes
  • Additional Items:Satellite System: Yes
  • General Property Info:SqFt Above Grade: 3591.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Basement Finished: Yes
  • Laundry Features Main Level: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fans, Central Vacuum, Ceramic Floor, Garage Door Opener, Satellite System, Water Softener/Owned, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk Out, Full
  • LivingArea: 3591.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Hard/Plank/Cement Board, Brick
  • Exterior Features: Invisible Fence, Porch(es), Patio, Deck(s)
  • List Price: 449500.0
  • Other Structures: Other
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes
  • Exterior Material:HardPlankCement Board: Yes
  • Exterior Features:Invisible Fence: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes
  • Garage:Heated Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 2.32
  • Lot Size Area: 2.32
  • Lot Dimensions: 697' x 297 x 750'
  • Lot Size Sq Ft: 101059.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3705.0
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Oct 27, 2014
Sold by
Knight Philip S and Knight Linda D
Bought by
Drenth David A and Drenth Terri L
Seller's Agent
Peter Mitchell
Real Estate One Inc
Buyer's Agent
No Member
Non Member Sales
List Price
$487,000
Sold Price
$383,000
Premium/Discount to List
-$104,000
-21.36%
Current Estimated Value
$684,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,107
Avg. Annual Appreciation
5.82%
Original Mortgage
$363,850
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
Prudential Relocation Inc
Bought by
Knight Philip S and Knight Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2007
Sold by
Soutter Holly
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.79%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 12, 2006
Sold by
Us Bank Na
Bought by
Soutter Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 16, 2006
Sold by
Palamar Jacob J and Palamar Deborah L
Bought by
U S Bank Na and Credit Suisse First Boston Mbs 2004-Ar5
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
Drenth David A $383,000 Capital Title Ins Agency
Knight Philip S $315,000 None Available
Prudential Relocation Inc $315,000 None Available
Soutter Holly $380,000 First American Title Ins Co
U S Bank Na $389,560 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drenth David A $125,000
Open Drenth David A $396,000
Closed Drenth David $80,590
Closed Drenth David A $363,850
Previous Owner Knight Philip S $243,000
Previous Owner Knight Philip S $252,000
Previous Owner Knight Philip S $252,000
Previous Owner Prudential Relocation Inc $63,000
Previous Owner Soutter Holly $304,000
Previous Owner Soutter Holly $76,000
Previous Owner Palamar Jacob J $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $383,000 -21.4% $107 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $487,000 -- $136 / 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 $8,876 $319,500 $0 $0
2024 $2,584 $287,300 $0 $0
2023 $2,461 $280,600 $0 $0
2022 $8,059 $256,500 $0 $0
2021 $8,461 $253,300 $0 $0
2020 $8,378 $252,500 $0 $0
2019 $2,211 $243,300 $243,300 $0
2018 $5,715 $212,500 $0 $0
2017 $6,846 $226,600 $0 $0
2016 $0 $188,664 $0 $0
2015 -- $188,100 $0 $0
2014 -- $145,400 $0 $0
2013 -- $145,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23077408

Southwestern Michigan Association of REALTORS®

APN: 05-25-100-007