NOT LISTED FOR SALE

303 Madison St Chelsea, MI 48118

Estimated Value: $300,000 - $415,849

3 Beds
2 Baths
1,524 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $380,000 $249 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,403/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Eat-In Kitchen
  • South Meadows Elementary School Rated A-
  • Porch
  • Patio

About This Home

As of June 2023

***OFFERS DUE AT 3PM ON MONDAY 5/22*** Welcome to 303 Madison! This home boasts the character, history and location of an older home while being updated from top to bottom in 2017 to feel brand new. Once a schoolhouse, the floorplan is open and airy, with 12 ft ceilings and tons of natural light. There are two good sized bedrooms on the main floor, sharing a beautiful full bathroom with tiled shower. Engineered hardwood floors flow through the main living area, into the kitchen with quartz countertops and stainless steel appliances, and down a few steps to your large mudroom/laundry area. The basement is fully finished living space with a family room, 3rd bedroom and another full bath! The backyard is enormous and fully fenced, complete with huge paved patio space to enjoy warm nights. Wal Walk downtown to experience all that Chelsea has to offer this summer!, Shared Drive

Last Agent to Sell the Property

Alex Milshteyn

Real Estate One Inc License #6506037173 Listed on: 05/18/2023

Real Estate One Inc

Co-Listed By

Justine Anthony

The Charles Reinhart Company License #6501417406

Last Buyer's Agent

Avery Evenson

Keller Williams Ann Arbor Mrkt License #6501427136

Keller Williams Ann Arbor Mrkt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,415

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Property is zoned RH, RH

Home Design

  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bedroom in Basement

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,415

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1900
  • 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: 1524.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • Tax Info:Annual Property Tax: 4414.8
  • Tax Info:Zoning3: RH
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • General Property Info:SqFt Above Grade: 1044.0
  • Additional Items:Sump Pump: Yes
  • Additional Items:Basement Finished: Yes
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1524.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Full Baths: 1
  • Basement Rooms:Basement Finished SQFT: 480.0
  • Basement Rooms:Total Basement SQFT: 600.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 480.0

Exterior Features

  • Construction Materials: Shingle Siding, Wood Siding
  • Fencing: Fenced Back
  • List Price: 349900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio, Porch(es)
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Shingle Siding: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12197.0
  • Zoning Description: RH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4414.8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
May 3, 2023
Sold by
Kettner Kassidy L
Bought by
Reinke Elizabeth
Seller's Agent
Alex Milshteyn
Real Estate One Inc
Buyer's Agent
Avery Evenson
Keller Williams Ann Arbor Mrkt
List Price
$349,900
Sold Price
$380,000
Premium/Discount to List
$30,100
8.6%
Current Estimated Value
$373,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,038
Avg. Annual Appreciation
-0.71%
Original Mortgage
$280,000
Outstanding Balance
$272,513
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$101,449

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 7, 2018
Sold by
Mccauley Patricia E
Bought by
Kettner Kassidy L and Long Courtney
Seller's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
Buyer's Agent
Laurie Buys
The Charles Reinhart Company
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$240,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2017
Closed on
Mar 30, 2017
Sold by
Crawley Dennis and Pacheco Jane
Bought by
Mccauley Patricia E
Seller's Agent
Mark Argir
RE/MAX Platinum
Buyer's Agent
Mark Argir
RE/MAX Platinum
List Price
$264,900
Sold Price
$278,000
Premium/Discount to List
$13,100
4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 1, 2016
Sold by
Wilson Levleit Jesse
Bought by
Crawley Dennis and Pacheco Jane
Seller's Agent
Casey Pennisi
Eichner Realty, LLC
Buyer's Agent
Casey Pennisi
Eichner Realty, LLC
List Price
$80,000
Sold Price
$74,000
Premium/Discount to List
-$6,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
457.84%

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 17, 2013
Sold by
Us Bank Na
Bought by
Pennisi Jesse Wilson Levleit
Seller's Agent
Korissa Wilkins
Realhome Services and Solutions Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$63,000
Sold Price
$48,499
Premium/Discount to List
-$14,501
-23.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%

Purchase Details

Closed on
Nov 8, 2012
Sold by
Miller David E and Miller Charlotte K
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 16, 2003
Sold by
Miller David E and Miller Charlotte K
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 21, 1995
Sold by
Leigh Palmer
Bought by
Miller David E and Miller Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
8.43%
Mortgage Type
New Conventional
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
Reinke Elizabeth $380,000 Preferred Title
Kettner Kassidy L $305,000 Preferred Title
Mccauley Patricia E $278,000 Liberty Title
Crawley Dennis $74,000 Liberty Title
Pennisi Jesse Wilson Levleit $48,499 Premium Title Services Inc
Us Bank Na $75,000 None Available
Bank Of America Na $55,141 --
Miller David E $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinke Elizabeth $280,000
Previous Owner Kettner Kassidy L $236,400
Previous Owner Kettner Kassidy L $240,000
Previous Owner Pennisi Jesse Wilson Levleit $60,000
Previous Owner Miller David E $105,000
Previous Owner Miller David E $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $380,000 +8.6% $249 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $349,900 +14.7% $230 / Sq Ft
09/07/2018 09/07/18 Sold $305,000 +1.7% $200 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $299,900 +7.9% $197 / Sq Ft
05/09/2017 05/09/17 Sold $278,000 +4.9% $183 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $264,900 +258.0% $174 / Sq Ft
08/01/2016 08/01/16 Sold $74,000 -7.5% $86 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $80,000 +65.0% $93 / Sq Ft
11/04/2013 11/04/13 Sold $48,499 -23.0% $56 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $63,000 -- $73 / 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 $4,429 $125,300 $0 $0
2024 $3,350 $128,300 $0 $0
2023 $2,444 $118,400 $0 $0
2022 $2,328 $113,900 $0 $0
2021 $4,291 $119,600 $0 $0
2020 $4,237 $114,000 $0 $0
2019 $4,135 $83,500 $83,500 $0
2018 $4,115 $83,600 $0 $0
2017 $0 $79,400 $0 $0
2016 $0 $57,070 $0 $0
2015 -- $56,900 $0 $0
2014 -- $54,600 $0 $0
2013 -- $54,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23129265

Southwestern Michigan Association of REALTORS®

APN: 07-07-250-028