NOT LISTED FOR SALE

555 Dancer Rd Chelsea, MI 48118

Estimated Value: $1,373,253

141.76 Acres
$9,687 Price per Acre
6,175,066 Sq Ft Lot

Last Sold May 02, 2019

Last sale price $1,125,000

Est. 22% increase in value since last sale

Current estimated payment $7,426/month

146 Days on Market

Highlights

  • Home fronts a pond
  • 141.76 Acre Lot
  • Pole Barn
  • South Meadows Elementary School Rated A-

About This Lot

As of May 2019

Awesome opportunities with approximately 141.76 Acres that is the former location of Reddeman Farms Golf Course. A large Fire destroyed the Clubhouse but the Irrigation system and course remain if wanted or re-develop the property in your own way. This listing includes 3 vacant Parcels consisting of Property id number G-07-26-200-007 is (2.58 acres), G-07-26-200-006 is (10.04 acres), G-07-26-200-009 is (129.14 acres), also included is a Resort Class C Liquor License. Conveniently located approximately 4 miles from exit (#167) on I-94 just west of Ann Arbor there are many options available with this Awesome piece of property and with the included Resort Liquor License it even opens more opportunities. There are several out buildings and ponds along with existing Well and Septic. Total taxes are based on current status including preexisting club house and business.

Last Agent to Sell the Property

David Crabtree

Red Carpet Lakeside Real Estate Inc License #6501209075 Listed on: 11/28/2018

Last Buyer's Agent

David Crabtree

Red Carpet Lakeside Real Estate Inc License #6501209075 Listed on: 11/28/2018

Property Details

Property Type

  • Land

Lot Details

  • 141.76 Acre Lot
  • Lot Dimensions are 2664x2661x2664x2661
  • Home fronts a pond
  • Irregular Lot
  • Property is zoned Commercial

Outdoor Features

  • Pole Barn

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 991100.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 2664
  • Road Frontage Type: Gravel
  • Waterfront Description: Pond

Utilities

  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Schools

  • School District: Chelsea

Lot Info

  • List Price per Acre: 11168.8770
  • Lot Features: Irregular
  • Lot Size Area: 141.76
  • Lot Dimensions: 2664x2661x2664x2661
  • Zoning: Commercial
  • Improvements: Electric

Tax Info

  • Tax Amount Winter: 42193.0000
  • Total Tax: 42193.0000

MLS Schools

  • School District: Chelsea

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
May 2, 2019
Sold by
Jr Farms Properties Llc
Bought by
555 Dancer Llc
Seller's Agent
David Crabtree
Red Carpet Lakeside Real Estate Inc
Buyer's Agent
David Crabtree
Red Carpet Lakeside Real Estate Inc
List Price
$1,583,300
Sold Price
$1,125,000
Premium/Discount to List
-$458,300
-28.95%
Current Estimated Value
$1,373,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,253
Avg. Annual Appreciation
2.64%

Purchase Details

Closed on
Jan 20, 2015
Sold by
Reddeman Farms
Bought by
Jr Farms Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
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
555 Dancer Llc $1,125,000 None Listed On Document
Jr Farms Properties Llc $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 555 Dancer Llc $2,000,000
Previous Owner Jr Farms Properties Llc $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2019 05/02/19 Sold $1,125,000 -28.9% --
04/23/2019 04/23/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $1,583,300 -- --
Source: Realcomp

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 $10 $0 $0 $0
2024 $10 $0 $0 $0
2023 $10 $0 $0 $0
2022 $24,604 $0 $0 $0
2021 $24,604 $399,200 $0 $0
2020 $24,604 $396,600 $0 $0
2019 $24,604 $479,700 $479,700 $0
2018 $24,138 $453,700 $0 $0
2017 $37,231 $873,900 $0 $0
2016 $0 $865,300 $0 $0
2015 -- $542,784 $0 $0
2014 -- $525,824 $0 $0
2013 -- $525,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218113933

Realcomp

APN: 07-26-200-009