NOT LISTED FOR SALE

523 Madison St Chelsea, MI 48118

Estimated Value: $355,000 - $486,000

3 Beds
2 Baths
1,682 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $290,000 $172 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,011/month

112 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Detached Garage
  • South Meadows Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2020

Beautifully updated 3 bed/2 bath historic home in the heart of Chelsea! New asphalt pull through driveway welcomes you to the park like setting with mature trees on the oversized lot. Big enclosed porch makes for a great entry with sitting & storage space also. Original kitchen with snack bar & crown molding has been tastefully updated with granite tops, tile splash & stainless appliances along with charming ship lap ceiling. Light filled main floor laundry is perfect for extra storage with new cabinets, storage bench & access to outdoor patio & invisible pet fence. Entertaining is easy in the large formal dining with arched doorway to spacious living featuring original built in entertainment center & electric FP. Full tile main floor bath with crown, marble top, wainscot & big custom til tile shower. Upstairs offers 3 bedrooms, master with double closet & ceiling fan, along with generous tile bath & custom tile tub surround. Plenty of storage in dry Michigan basement along with 2.5 car garage incl work bench too. One of downtown Chelsea's first homes retains plenty of the character of its era while being enhanced with the finishes & conveniences of today's standards, all within the last 7 years. Walk to school & dowtown Chelsea!

Last Agent to Sell the Property

Jeff Klink

The Charles Reinhart Company License #6506046861 Listed on: 02/26/2020

The Charles Reinhart Company

Last Buyer's Agent

Elizabeth Brien

The Charles Reinhart Company License #6506044627

The Charles Reinhart Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,442

Year Built

  • Built in 1830

Lot Details

  • 0.38 Acre Lot
  • Property has an invisible fence for dogs
  • Historic Home
  • Property is zoned RH, RH

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,682 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Crawl Space

Parking

  • Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,442

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Historic
  • Stories: 2
  • Year Built: 1830
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1682.0
  • General Property Info:Main Level Primary: No
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 4442.0
  • Tax Info:Zoning3: RH
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: 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
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • General Property Info:SqFt Above Grade: 1682.0
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Flooring:Vinyl Floor: Yes
  • Flooring:Laminate Floor: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Fencing Invisible Fence: Yes
  • Architectural Style Historic: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Ceramic Tile, Laminate, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Eat-in Kitchen
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space, Michigan Basement
  • LivingArea: 1682.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 641.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Invisible Fence
  • List Price: 299900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Deck, Patio
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16553.0
  • Zoning Description: RH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4442.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Addis Anlyn
Bought by
Addis Anlyn and Anlyn Addis Revocable Trust
Current Estimated Value
$438,494

Purchase Details

Listed on
Feb 26, 2020
Closed on
Jul 1, 2020
Sold by
Spensley Patrick B and Spensley Hadley
Bought by
Addis Anlyn
Seller's Agent
Jeff Klink
The Charles Reinhart Company
Buyer's Agent
Elizabeth Brien
The Charles Reinhart Company
List Price
$314,900
Sold Price
$290,000
Premium/Discount to List
-$24,900
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$232,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2016
Sold by
Dobbs Hadley B and Spensley Hadley
Bought by
Spensley Patrick B and Spensley Hadley

Purchase Details

Listed on
Jun 3, 2013
Closed on
Sep 4, 2013
Sold by
Peroni Gene
Bought by
Dobbs Hadley B
Seller's Agent
Jeff Klink
The Charles Reinhart Company
Buyer's Agent
Jim Mann
Mann Real Estate
List Price
$154,900
Sold Price
$142,500
Premium/Discount to List
-$12,400
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$137,676
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2012
Closed on
Dec 18, 2012
Sold by
The Estate Of Gary H Grossman
Bought by
Peroni Gene
Seller's Agent
Richard Taylor
The Charles Reinhart Company
Buyer's Agent
Martin Bouma
Keller Williams Ann Arbor Mrkt
List Price
$175,000
Sold Price
$114,000
Premium/Discount to List
-$61,000
-34.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.33%

Purchase Details

Closed on
Jul 31, 2007
Sold by
Urbanek Susan K
Bought by
Grossman Gary H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Addis Anlyn -- None Listed On Document
Addis Anlyn -- None Listed On Document
Addis Anlyn $290,000 Liberty Title
Spensley Patrick B -- None Available
Dobbs Hadley B $142,500 Liberty Title
Peroni Gene $114,000 Liberty Title
Grossman Gary H -- None Available
Grossman Gary H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Addis Anlyn $232,000
Previous Owner Spensley Patrick B $183,900
Previous Owner Spensley Patrick B $30,000
Previous Owner Spensley Hadley B $60,000
Previous Owner Spensley Hadley B $25,000
Previous Owner Dobbs Hadley B $137,676
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $290,000 -7.9% $172 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $314,900 +121.0% $187 / Sq Ft
09/06/2013 09/06/13 Sold $142,500 -8.0% $91 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $154,900 +35.9% $99 / Sq Ft
12/18/2012 12/18/12 Sold $114,000 -34.9% $84 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $175,000 -- $130 / 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 $7,463 $199,800 $0 $0
2024 $7,656 $202,600 $0 $0
2023 $7,656 $157,700 $0 $0
2022 $4,299 $150,600 $0 $0
2021 $7,186 $146,000 $0 $0
2020 $4,551 $124,400 $0 $0
2019 $4,442 $139,700 $139,700 $0
2018 $4,314 $124,400 $0 $0
2017 $0 $116,100 $0 $0
2016 $0 $85,177 $0 $0
2015 -- $84,923 $0 $0
2014 -- $78,800 $0 $0
2013 -- $78,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23102740

Southwestern Michigan Association of REALTORS®

APN: 07-07-330-011