NOT LISTED FOR SALE

450 Fairways Ln Chelsea, MI 48118

Estimated Value: $453,222 - $537,000

3 Beds
2.5 Baths
2,169 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $337,500 $156 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,020/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Forced Air Heating System
  • South Meadows Elementary School Rated A-
  • Patio
  • 2 Car Garage

About This Home

As of December 2014

FOR COMP PURPOSES ONLY

Last Agent to Sell the Property

Lisa Stelter

The Charles Reinhart Company License #6506044898 Listed on: 12/22/2014

The Charles Reinhart Company

Last Buyer's Agent

Lisa Stelter

The Charles Reinhart Company License #6506044898 Listed on: 12/22/2014

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,647

Year Built

  • Built in 2012

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70 x 122
  • Sprinkler System

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,169 Sq Ft Home
  • Gas Log Fireplace
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,647

Year Built

Built in 2012

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Year Built: 2012
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 155.6
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 70 x 122
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2169.0
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Colonial
  • Tax Info:Annual Property Tax: 5647.0
  • Tax Info:Zoning3: RES
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Substructure:Walk Out: Yes
  • Landscape:Underground Sprinkler: Yes
  • General Property Info:SqFt Above Grade: 2169.0
  • Laundry Features Upper Level: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Garage Door Opener
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Walk Out, Full
  • LivingArea: 2169.0
  • Fireplace:Gas Log: Yes

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Exterior Features: Patio, Deck(s)
  • List Price: 337500.0
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Association/Amenities

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 70 x 122
  • Lot Size Sq Ft: 8712.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5647.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2014
Closed on
Dec 23, 2014
Sold by
Koke Rebecca L
Bought by
Brooks Ryan D and Brooks Megan
Seller's Agent
Lisa Stelter
The Charles Reinhart Company
Buyer's Agent
Lisa Stelter
The Charles Reinhart Company
List Price
$337,500
Sold Price
$337,500
Current Estimated Value
$489,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,801
Avg. Annual Appreciation
3.72%
Original Mortgage
$270,000
Outstanding Balance
$208,333
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$294,723

Purchase Details

Listed on
Jan 21, 2012
Closed on
Sep 28, 2012
Sold by
Norfolk Homes Of Chelsea Llc
Bought by
Koke Rebecca L
Seller's Agent
Lisa Markwardt
Norfolk Realty Limited
Buyer's Agent
Lisa Markwardt
Norfolk Realty Limited
List Price
$218,500
Sold Price
$222,838
Premium/Discount to List
$4,338
1.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.16%
Original Mortgage
$178,270
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2012
Sold by
Macmahan Investments L L C
Bought by
Norfolk Homes Of Chelsea Llc

Purchase Details

Closed on
May 31, 2011
Sold by
R Cook Properties City Of Chelsa Inc
Bought by
Macmahan Investments Llc
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
Brooks Ryan D $337,500 Liberty Title
Koke Rebecca L $222,838 None Available
Norfolk Homes Of Chelsea Llc -- Liberty Title
Macmahan Investments Llc -- Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Ryan D $270,000
Previous Owner Koke Rebecca L $178,270
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2014 12/31/14 Sold $337,500 0.0% $156 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
12/22/2014 12/22/14 For Sale $337,500 +51.5% $156 / Sq Ft
09/28/2012 09/28/12 Sold $222,838 +2.0% $108 / Sq Ft View Prior Sale
02/19/2012 02/19/12 Pending -- -- --
01/21/2012 01/21/12 For Sale $218,500 -- $106 / 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 $4,522 $206,400 $0 $0
2024 $8,598 $168,100 $0 $0
2023 $8,598 $206,700 $0 $0
2022 $7,625 $189,100 $0 $0
2021 $8,034 $187,100 $0 $0
2020 $7,934 $182,400 $0 $0
2019 $7,745 $180,100 $180,100 $0
2018 $7,497 $170,000 $0 $0
2017 $0 $166,000 $0 $0
2016 $0 $151,051 $0 $0
2015 -- $150,600 $0 $0
2014 -- $123,200 $0 $0
2013 -- $123,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 43816

MichRIC

APN: 07-18-335-068