NOT LISTED FOR SALE

380 Fairways Ln Chelsea, MI 48118

Estimated Value: $540,000 - $589,000

4 Beds
3.5 Baths
3,787 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 26, 2012

Last sale price $290,000 $77 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,432/month

8 Days on Market

Highlights

  • Home fronts a pond
  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • South Meadows Elementary School Rated A-
  • 2 Car Attached Garage
  • Gas Log Fireplace

About This Home

As of September 2012

Home Is In Excellent Condition. New Paint And Carpet Throughout. This Property Is Eligible Under Freddie Mac First Look Initiative Through 08/05/2012.

Last Agent to Sell the Property

Randall Brookshire

Century 21 Affiliated License #6506034828 Listed on: 07/20/2012

Century 21 Affiliated

Last Buyer's Agent

Cindy Glahn

Real Estate One Inc License #6501301172

Real Estate One Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,848

Year Built

  • Built in 2005

Lot Details

  • Home fronts a pond
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Schools

  • Chelsea Elementary And Middle School
  • Chelsea High School

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,848

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 88.27
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 3787.0
  • General Property Info:Design: Colonial
  • Tax Info:Annual Property Tax: 5848.0
  • Tax Info:Zoning3: Res
  • Garage Type Attached: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Underground Sprinkler: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 2787.0
  • General Property Info Elementary School2: Chelsea
  • General Property Info High School: Chelsea
  • General Property Info Middle School2: Chelsea
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Oven, Range
  • Interior Amenities: Garage Door Opener
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Walk Out, Full
  • LivingArea: 3787.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 1000.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Below Grade Sq Ft: 1000.0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • List Price: 246000.0
  • Lot Features: Sidewalk, Site Condo
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 300.0
  • Association Info:Assoc Fee Payable: Annually

Schools

  • Elementary School: Chelsea
  • High School: Chelsea
  • Middle/Junior School: Chelsea

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5848.0
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2012
Closed on
Sep 26, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lokers William and Lokers Laura
Seller's Agent
Randall Brookshire
Century 21 Affiliated
Buyer's Agent
Cindy Glahn
Real Estate One Inc
List Price
$246,000
Sold Price
$290,000
Premium/Discount to List
$44,000
17.89%
Current Estimated Value
$561,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,719
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Jun 23, 2011
Sold by
Roenigk Neal R and Roenigk Melanie H
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 22, 2006
Sold by
R Cook Properties City Of Chelsea Inc
Bought by
Roenigk Neal R and Roenigk Melanie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,656
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2005
Sold by
R Cook Properties City Of Chelsea Inc
Bought by
R Cook Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lokers William $290,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $380,556 None Available
Roenigk Neal R $428,321 Liberty Title
R Cook Properties City Of Chelsea Inc -- Liberty Title Company
R Cook Properties Inc -- Liberty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roenigk Neal R $342,656
Previous Owner R Cook Properties Inc $8,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2012 09/26/12 Sold $290,000 +17.9% $77 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $246,000 -- $65 / 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 $5,386 $285,800 $0 $0
2024 $5,228 $288,100 $0 $0
2023 $9,232 $246,700 $0 $0
2022 $8,141 $225,300 $0 $0
2021 $8,141 $222,500 $0 $0
2020 $8,733 $217,000 $0 $0
2019 $8,532 $214,600 $214,600 $0
2018 $8,267 $201,900 $0 $0
2017 $0 $197,700 $0 $0
2016 $0 $161,286 $0 $0
2015 -- $160,804 $0 $0
2014 -- $154,500 $0 $0
2013 -- $154,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Brookshire

    Seller's Agent in 2012

    Randall Brookshire

    Century 21 Affiliated

    (734) 260-0305

    25 Total Sales

    Randall Brookshire
    Section Image
  • Cindy Glahn

    Buyer's Agent in 2012

    Cindy Glahn

    Real Estate One Inc

    (734) 476-9562

    7 in this area

    162 Total Sales

    Cindy Glahn
    Section Image

  • C

    Buyer's Agent in 2012

    Cynthia Glahn

    Real Estate One Inc

See All Agents

Map

Source: MichRIC

MLS Number: 23074834

MichRIC

APN: 07-18-335-061

Michigan Washtenaw County Chelsea 48118

380 Fairways Ln, Chelsea, MI

Not Listed for Sale

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