NOT LISTED FOR SALE

420 Fairways Ln Chelsea, MI 48118

Estimated Value: $486,499 - $540,000

3 Beds
2 Baths
1,978 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $360,000 $182 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,082/month

62 Days on Market

Highlights

  • Indoor Spa
  • Waterfront
  • Vaulted Ceiling
  • South Meadows Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of June 2016

Rare Find in this Newer Ranch Home Total Brick Exterior! 1978 sq ft built in 2003 located in desirable Chelsea Fairways. Large kitchen w/new stainless steel appliances & countertop seating that opens up into eat in kitchen w/french door overlooking private backyard, woods & gorgeous views of Pierce Lk. Great rm is light filled, cathedral ceilings & features gas FP. 3 bedrooms including large mstr ste, his&her closets, tile flrg, spa tub + separate shower. Laundry rm that makes even laundry fun with newer washer & dryer that stay with the home, hickory cabinets & washtub. Walk-out lower level is ready for your finishing touches daylight windows & plumbed for a bath. Relaxing outdoor living with deck, brick paver patio & professional landscaping. Updates/Amenities; 2016~stainless steel kitch kitchen appliances, faucet, mstr bath shower; 2013~remodeled laundry rm; 2012~roof, gutters, hot water tank, front door; hardwood flrg in entryway, kitchen & dining area; updated fixtures, tons of closets, Primary Bath

Last Agent to Sell the Property

Cynthia Glahn

Real Estate One Inc License #6501301172 Listed on: 04/02/2016

Last Buyer's Agent

Sherry Grammatico

The Charles Reinhart Company License #6501228931

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,854

Year Built

  • Built in 2003

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront
  • Sprinkler System
  • Property is zoned PUD, PUD

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Dining Room
  • Indoor Spa

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,854

Year Built

Built in 2003

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 189.59
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 64x68x124x121x
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1978.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4854.0
  • Tax Info:Zoning3: PUD
  • 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
  • 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:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Underground Sprinkler: Yes
  • Substructure:Daylight: Yes
  • Additional Items:Hot Tub Spa: Yes
  • General Property Info:SqFt Above Grade: 1978.0
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hot Tub Spa, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Daylight, Full, Walk-Out Access
  • LivingArea: 1978.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 375000.0
  • Lot Features: Sidewalk, Site Condo
  • Patio and Porch Features: Deck, Patio, Porch(es)
  • Water Body Name: Pierce Lake
  • Waterfront: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 200.0
  • Association Info:Assoc Fee Payable: Annually

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Dimensions: 64x68x124x121x
  • Lot Size Sq Ft: 9583.0
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4854.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2016
Closed on
Jun 15, 2016
Sold by
Davis Thomas W and Davis Mary E
Bought by
Lees James J and Hardy Lees Darcy A
Seller's Agent
Cynthia Glahn
Real Estate One Inc
Buyer's Agent
Sherry Grammatico
The Charles Reinhart Company
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$494,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,510
Avg. Annual Appreciation
3.78%
Original Mortgage
$170,000
Outstanding Balance
$135,609
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$376,016

Purchase Details

Closed on
May 21, 2014
Sold by
Davis Thomas W and Davis Mary E
Bought by
Thomas W Davis And Mary E Davis Living T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,175
Interest Rate
4.34%
Mortgage Type
VA

Purchase Details

Closed on
Apr 26, 2013
Sold by
Davis Thomas W and Davis Mary E
Bought by
Davis Thomas W and Davis Mary E

Purchase Details

Closed on
Oct 28, 2004
Sold by
Davis Thomas W and Davis Mary E
Bought by
Davis Thomas W and Davis Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,500
Interest Rate
5.86%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 7, 2003
Sold by
Davis Thomas W and Davis Mary Ellen
Bought by
Davis Thomas W and Davis Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,900
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 2003
Sold by
Cook Development Corp
Bought by
Cook & Richards Llc

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
6.44%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 13, 2002
Sold by
Chelsea Fairways Llc
Bought by
R Cook Properties Inc
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
Lees James J $360,000 None Available
Thomas W Davis And Mary E Davis Living T -- Title Source Inc
Davis Thomas W -- Title Source Inc
Davis Thomas W -- None Available
Davis Thomas W -- --
Davis Thomas W -- Liberty Title Agency
Davis Thomas W $311,240 Liberty Title Agency
Cook & Richards Llc -- Liberty Title Agency
Cook & Richards Llc -- Liberty Title Company
R Cook Properties Inc $65,000 Seaver Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lees James J $170,000
Previous Owner Davis Thomas W $269,175
Previous Owner Davis Thomas W $251,500
Previous Owner Davis Thomas W $248,900
Previous Owner Cook & Richards Llc $8,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $360,000 -4.0% $182 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $375,000 -- $190 / 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 $5,530 $232,300 $0 $0
2024 $9,475 $233,900 $0 $0
2023 $9,475 $201,400 $0 $0
2022 $8,362 $187,600 $0 $0
2021 $9,010 $182,400 $0 $0
2020 $8,901 $178,000 $0 $0
2019 $8,698 $180,100 $180,100 $0
2018 $8,427 $170,700 $0 $0
2017 $0 $167,600 $0 $0
2016 $0 $101,130 $0 $0
2015 -- $100,828 $0 $0
2014 -- $96,768 $0 $0
2013 -- $96,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23098932

MichRIC

APN: 07-18-335-065