NOT LISTED FOR SALE

515 Madison St Chelsea, MI 48118

Estimated Value: $388,000 - $530,200

3 Beds
1 Bath
2,098 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $123,609 $59 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $3,335/month

35 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heating System Uses Natural Gas
  • South Meadows Elementary School Rated A-
  • 1 Car Detached Garage

About This Home

As of September 2016

Listing Broker and Seller assume no responsibility and make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein. 4.5% buyer premium charged to buyer at closing.' SHOWING ID:0007131182557

Last Agent to Sell the Property

Logan Farrer

Owners.com License #6502391260 Listed on: 07/28/2016

Last Buyer's Agent

Adam Tillman

Century 21 Affiliated License #6501307699

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,715

Year Built

  • Built in 1896

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 65x263
  • Property is zoned NA, NA

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Michigan Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,715

Year Built

Built in 1896

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1896
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 65X263
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2098.0
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Colonial
  • Tax Info:Zoning3: NA
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Substructure:Michigan Basement: Yes
  • Garage Type Detached: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1049.0
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Michigan Basement
  • LivingArea: 2098.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Finished SQFT: 1049.0
  • Below Grade Sq Ft: 1049.0

Exterior Features

  • Construction Materials: Other
  • List Price: 132500.0

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_one_: Yes

Utilities

  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 65X263
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Aug 13, 2016
Sold by
Bank Of New York Mellon
Bought by
Poulter Thomas and Poulter Keri
Seller's Agent
Logan Farrer
Owners.com
Buyer's Agent
Adam Tillman
Century 21 Affiliated
List Price
$132,500
Sold Price
$123,609
Premium/Discount to List
-$8,891
-6.71%
Current Estimated Value
$478,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,191
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Nov 8, 2012
Sold by
Kipfmiller John
Bought by
The Bank Of New York Mellon and Jpmorgan Chase Bank
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
Poulter Thomas $123,609 None Available
The Bank Of New York Mellon $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poulter Thomas $220,000
Closed Poulter Thomas $30,000
Previous Owner Kipfmiller John $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2016 09/21/16 Sold $123,609 -6.7% $59 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $132,500 -- $63 / 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 $8,715 $207,200 $0 $0
2024 $8,920 $209,000 $0 $0
2023 $8,920 $192,300 $0 $0
2022 $5,425 $177,100 $0 $0
2021 $8,106 $170,600 $0 $0
2020 $8,006 $162,700 $0 $0
2019 $5,579 $118,800 $118,800 $0
2018 $4,361 $92,200 $0 $0
2017 $0 $86,900 $0 $0
2016 $0 $78,735 $0 $0
2015 -- $78,500 $0 $0
2014 -- $56,436 $0 $0
2013 -- $56,436 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Logan Farrer

    Owners.com

  • A

    Buyer's Agent in 2016

    Adam Tillman

    Century 21 Affiliated

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23080238

Southwestern Michigan Association of REALTORS®

APN: 07-07-330-009

Michigan Washtenaw County Chelsea 48118

515 Madison St, Chelsea, MI

This home is located at 515 Madison St, Chelsea, MI 48118 since 28 July 2016 and is currently estimated at $478,800, approximately $228 per square foot. This property was built in 1896. 515 Madison St is a home located in Washtenaw County with nearby schools including North Creek Elementary School, South Meadows Elementary School, and Beach Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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