NOT LISTED FOR SALE

505 Lane St Chelsea, MI 48118

Estimated Value: $264,000 - $383,000

2 Beds
1 Bath
984 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $120,000 $122 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,034/month

101 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Eat-In Kitchen
  • South Meadows Elementary School Rated A-
  • Detached Garage
  • Central Air

About This Home

As of August 2013

Seller is offering a Land Contract: 20% down, Other terms Negotiable. 2 bedroom ranch w/ full walkout basement. Den could be 3 bedroom. The back yard is a flower paradise w/ a large 2.5 car garage., Rec Room: Space

Last Agent to Sell the Property

Robert Stofer

Stofer Real Estate Consultants License #6502363729 Listed on: 05/20/2013

Last Buyer's Agent

Kathy Toth

Keller Williams Ann Arbor Mrkt License #6506040482

Keller Williams Ann Arbor Mrkt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,697

Year Built

  • Built in 1956

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 62 x 120
  • Property is zoned RH, RH

Home Design

  • Aluminum Siding

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • Detached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,697

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1956
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 62 X 120
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 984.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 2697.0
  • Tax Info:Zoning3: RH
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Additional Items:Water SoftenerOwned: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Heat Type:Hot Water: Yes
  • Additional Items:Window Treatments: Yes
  • Substructure:Walk Out: Yes
  • Garage Type Detached: Yes
  • General Property Info:SqFt Above Grade: 984.0
  • Additional Items:Carpet Floor: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Garage Door Opener, Water Softener/Owned, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Walk Out, Full
  • LivingArea: 984.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 130000.0
  • Lot Features: Sidewalk
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Garage: Yes
  • Garage:Garage2: Yes
  • Additional Items:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Dimensions: 62 X 120
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: RH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2697.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2016
Sold by
Laplant Edward J and Laplant Michelle Marie
Bought by
Laplant Douglas
Current Estimated Value
$316,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,055
Outstanding Balance
$81,570
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$234,460

Purchase Details

Closed on
Aug 31, 2016
Sold by
Laplant Edward J and Laplant Michelle Marie
Bought by
Laplant Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,055
Outstanding Balance
$81,570
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$234,460
Source: Public Records

Range of Values:

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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
Laplant Douglas -- Liberty Title
Laplant Douglas -- Liberty Title
Laplant Edward J $120,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laplant Douglas $102,055
Closed Laplant Douglas $102,055
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $120,000 -7.7% $122 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $130,000 -- $132 / 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 $4,546 $161,300 $0 $0
2024 $2,634 $152,500 $0 $0
2023 $2,509 $156,900 $0 $0
2022 $2,390 $143,300 $0 $0
2021 $4,402 $138,300 $0 $0
2020 $4,346 $112,100 $0 $0
2019 $4,242 $91,600 $91,600 $0
2018 $3,054 $75,700 $0 $0
2017 $0 $74,700 $0 $0
2016 $0 $59,810 $0 $0
2015 -- $59,632 $0 $0
2014 -- $57,900 $0 $0
2013 -- $57,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robert Stofer

    Stofer Real Estate Consultants

  • Kathy Toth

    Buyer's Agent in 2013

    Kathy Toth

    Keller Williams Ann Arbor Mrkt

    (734) 216-7845

    1 in this area

    48 Total Sales

    Kathy Toth
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Map

Source: MichRIC

MLS Number: 23075802

MichRIC

APN: 06-13-202-005

Michigan Washtenaw County Chelsea 48118

505 Lane St, Chelsea, MI

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MichRIC Information is deemed reliable but not guaranteed.
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