NOT LISTED FOR SALE

238 Pierce Lake Dr Unit 59 Chelsea, MI 48118

Estimated Value: $394,000 - $412,000

2 Beds
3 Baths
2,328 Sq Ft
$295/mo HOA Fee

Last Sold March 18, 2022

Last sale price $365,000 $157 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,804/month

3 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • End Unit
  • South Meadows Elementary School Rated A-
  • Wood Flooring
  • 5-minute walk to Pierce Park

About This Home

As of March 2022

Highest and best due noon Friday 3/4/22. Highly sought after Pierce Lake, ranch, end unit condo awaits new owners. Morning sun will spill in to the expansive great room through the wall of east facing windows. Cathedral ceiling makes the room feel even larger, and it has a nice gas fireplace. Galley style kitchen features maple cabinets, granite counters and newer appliances. the primary bedroom also features a cathedral ceiling with an attached en-suite bathroom with walk-in closets and bath. Second bedroom has a bay window with an attached bath as well. The lower level is completely finished with two additional non-conforming bedrooms, family room and full bath. Offers immediate occupancy. Hurry on this one!, Primary Bath, Rec Room: Finished

Last Agent to Sell the Property

Michelle Elie

The Charles Reinhart Company License #6501298834 Listed on: 03/02/2022

The Charles Reinhart Company

Last Buyer's Agent

Jeff Klink

The Charles Reinhart Company License #6506046861

The Charles Reinhart Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,420

Year Built

  • Built in 1997

Lot Details

  • Property fronts a private road
  • End Unit
  • Sprinkler System

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick or Stone Mason
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Laundry on main level

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include snow removal, lawn/yard care

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,420

Year Built

Built in 1997

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Condominium
  • OfficeContract Info:List PriceSqFt2: 244.73
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2328.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 6420.0
  • Tax Info:Zoning3: Rm1
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Refrigerators: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceramic Floor: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Landscape:Underground Sprinkler: Yes
  • Additional Items:Laminate Floor: Yes
  • Additional Items:Wood Floor: Yes
  • General Property Info:SqFt Above Grade: 1328.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Additional Items:Sump Pump: Yes
  • Additional Items:Basement Finished: Yes
  • Laundry Features Main Level: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Ceramic Floor, Laminate Floor, Wood Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2328.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Finished SQFT: 1000.0
  • Basement Rooms:Total Basement SQFT: 1320.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 1000.0

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Vinyl Siding, Stone
  • Exterior Features: Porch(es), Deck(s)
  • List Price: 325000.0
  • Lot Features: Sidewalk
  • Road Frontage Type: Private Road
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Porch(es): Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Storm Sewer Available, Natural Gas Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Info:Approx Assoc Fee2: 295.0
  • Association Info:Assoc Fee Payable: Monthly
  • Assoc Amenities:End Unit: Yes

Fee Information

  • Association Fee Includes: Snow Removal, Lawn/Yard Care

Lot Info

  • Zoning Description: Rm1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6420.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 18, 2022
Sold by
Bureau Barbara A
Bought by
Ryan Thomas Joseph
Seller's Agent
Michelle Elie
The Charles Reinhart Company
Buyer's Agent
Jeff Klink
The Charles Reinhart Company
List Price
$325,000
Sold Price
$365,000
Premium/Discount to List
$40,000
12.31%
Current Estimated Value
$408,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,618
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Feb 15, 2018
Sold by
Bureau Barbara A
Bought by
Bureau Barbara A and Craft Connie Susan

Purchase Details

Listed on
Mar 28, 2015
Closed on
May 26, 2015
Sold by
Ward Nancy C and Herndon Patricia J
Bought by
Bureua Barbara A
Seller's Agent
Patrick Daum
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Michelle Elie
The Charles Reinhart Company
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$183,750
Interest Rate
0.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2009
Sold by
Ward Nancy C
Bought by
Ward Nancy C and Herndon Patricia J

Purchase Details

Closed on
Jan 31, 2003
Sold by
R Cook Properties Inc
Bought by
Ward Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ryan Thomas Joseph $365,000 Liberty Title
Bureau Barbara A -- None Available
Bureua Barbara A $245,000 None Available
Ward Nancy C -- None Available
Ward Nancy C $197,000 Liberty Title Agency
R Cook Properties Inc -- Liberty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bureua Barbara A $183,750
Previous Owner Ward Nancy C $157,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2022 03/18/22 Sold $365,000 +12.3% $157 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $325,000 +32.7% $140 / Sq Ft
05/26/2015 05/26/15 Sold $245,000 -3.9% $103 / Sq Ft View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
03/28/2015 03/28/15 For Sale $255,000 -- $108 / 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 $4,392 $174,700 $0 $0
2024 $10,377 $178,100 $0 $0
2023 $10,377 $155,500 $0 $0
2022 $6,027 $155,000 $0 $0
2021 $6,421 $152,600 $0 $0
2020 $6,342 $132,500 $0 $0
2019 $6,187 $128,000 $128,000 $0
2018 $5,992 $123,900 $0 $0
2017 $0 $122,400 $0 $0
2016 $0 $119,400 $0 $0
2015 -- $93,440 $0 $0
2014 -- $90,521 $0 $0
2013 -- $90,521 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23089643

MichRIC

APN: 06-13-126-059