$625,000
SOLD SEP 6, 2013

20851 Island Lake Rd Chelsea, MI 48118

5 Beds
4.5 Baths
3,768 Sq Ft
20 Acres

Recently Sold

$166 Per Sq Ft

11% Below List Price

184 Days on Market

Highlights

  • Above Ground Pool
  • 20 Acre Lot
  • Wood Flooring
  • South Meadows Elementary School Rated A-
  • Deck
  • Pole Barn

About This Home

As of July 2021

Updated to the Max! From its stately gated entrance to the most extensive paver walkway & patio systems you will relax in splendor whether indoor or out. Step inside to new French doors/transoms, beautifully finished hardwood floors, 10 ft. ceilings, cozy pass-through fireplaces and a custom kitchen with new granite counters, Viking range & other Stainless appliances, and glazed cabinets. Retire to the marvelous 1st floor master with all the amenities including spa tub, California closets & tray ceiling. And, oh what a walkout with wet bar, steam shower in bath, screened porch with hot tub and spacious office with a view. All of this overlooking dramatic views of nature as far as the eye can see. Don't miss the narrated video tour!, Rec Room: Finished

Last Agent to Sell the Property

Rob Ewing

Real Estate One Inc License #6501277007 Listed on: 03/05/2013

Real Estate One Inc

Co-Listed By

Jeff Klink

The Charles Reinhart Company License #6506046861

Last Buyer's Agent

Marc Rubin

Brookstone, REALTORS® License #6501301520

Brookstone, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,639

Year Built

  • Built in 1992

Lot Details

  • 20 Acre Lot

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Gas Log Fireplace
  • Window Treatments

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Pole Barn
  • 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

$8,639

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1992
  • 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: 3768.0
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 8639.0
  • 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:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Substructure:Walk Out: Yes
  • Additional Items:Wood Floor: Yes
  • Outbuildings:Pole Barn: Yes
  • Additional Items:Satellite System: Yes
  • Pool:OutdoorAbove: Yes
  • General Property Info:SqFt Above Grade: 2708.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Basement Finished: Yes
  • Laundry Features Main Level: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Disposal, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Garage Door Opener, Satellite System, Water Softener/Owned, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Basement: Walk Out, Full
  • LivingArea: 3768.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 1060.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 1060.0

Exterior Features

  • Construction Materials: Brick, Aluminum Siding
  • Exterior Features: Porch(es), Patio, Deck(s)
  • List Price: 639900.0
  • Other Structures: Pole Barn
  • Pool Features: Outdoor/Above
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: 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: 20.0
  • Lot Size Area: 20.0
  • Lot Size Sq Ft: 871200.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8639.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Gatward Roger A and Gatward Christine L
Bought by
Roger And Christine Gatward Living Trust and Li Christine
Current Estimated Value
$1,116,048

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jun 30, 2021
Sold by
Thayer Scott D and Thayer Virginia N
Bought by
Gatward Roger A and Gatward Christine L
Seller's Agent
Richard Taylor
The Charles Reinhart Company
Buyer's Agent
Marcia White
Re/Max Platinum
List Price
$899,900
Sold Price
$1,000,000
Premium/Discount to List
$100,100
11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%

Purchase Details

Listed on
Mar 5, 2013
Closed on
Sep 4, 2013
Sold by
Howard Bonnie A
Bought by
Thayer Scott D and Thayer Virginia N
Seller's Agent
Rob Ewing
Real Estate One Inc
Buyer's Agent
Marc Rubin
Brookstone, REALTORS®
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$500,000
Interest Rate
3.73%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2006
Sold by
Howard Robert L and Howard Bonnie A
Bought by
Howard Bonnie A and Howard Robert L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,000,000 Liberty Title
Warranty Deed $625,000 American Title Company Of Wa
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Credit Line Revolving
Previous Owner $95,000 Credit Line Revolving
Previous Owner $396,000 Unknown
Previous Owner $85,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $1,000,000 +11.1% $253 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $899,900 +44.0% $228 / Sq Ft
09/06/2013 09/06/13 Sold $625,000 -10.6% $166 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $699,000 -- $186 / 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 $17,435 $558,500 $0 $0
2024 $5,075 $533,400 $0 $0
2023 $4,833 $479,200 $0 $0
2022 $15,778 $440,300 $0 $0
2021 $14,256 $416,100 $0 $0
2020 $14,125 $416,800 $0 $0
2019 $3,735 $404,000 $404,000 $0
2018 $9,630 $346,800 $0 $0
2017 $11,716 $366,900 $0 $0
2016 $0 $336,282 $0 $0
2015 -- $327,600 $0 $0
2014 -- $257,100 $0 $0
2013 -- $257,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23057487

Southwestern Michigan Association of REALTORS®

APN: 05-25-100-028