NOT LISTED FOR SALE

722 Taylor St Chelsea, MI 48118

Estimated Value: $248,000 - $458,773

3 Beds
1.5 Baths
1,346 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $136,500 $101 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,595/month

161 Days on Market

Highlights

  • 0.74 Acre Lot
  • Deck
  • No HOA
  • South Meadows Elementary School Rated A-
  • Vaulted Ceiling
  • 5-minute walk to Pierce Park

About This Home

As of February 2014

Cute home in the heart of Chelsea! This 3 bedroom, 1 1/2 bath home has all new paint and carpet throughout; newer windows; large family room with stone fireplace; built-in dressers; 2 car detached garage and more. You'll love the large .74 acre lot with its beautiful trees. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down. This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing. Please go to www.HomePath.com to submit all offers. All instructions regarding submitting an offer are included in the MLS attachments. Up to $1,000 Selling Agent bonus may be available on this property! Ask the Listing Agent. Eligibility restrictions apply. Buyer or Buyer's agent must request incentives. Offer expires 0 01/31/2014., Rec Room: Space

Last Agent to Sell the Property

Cheryl Latshaw

Howard Hanna Real Estate License #6501347867 Listed on: 09/11/2013

Last Buyer's Agent

Deborah Durden

Keller Williams Ann Arbor Mrkt License #6501338233

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 122 x 264
  • Fenced Yard
  • Property is zoned RH, RH

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,346 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Laundry on lower level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Deck
  • Porch

Schools

  • Chelsea Elementary And Middle School
  • Chelsea High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Bungalow
  • Stories: 1
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 122 x 264
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1346.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: No
  • General Property Info:Design: Bungalow
  • Tax Info:Annual Property Tax: 4424.0
  • Tax Info:Zoning3: RH
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Substructure:Partial: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Additional Items:Ceramic Floor: Yes
  • Substructure:Walk Out: Yes
  • Garage Type Detached: Yes
  • Sale Conditions:REOBank Owned: Yes
  • General Property Info:SqFt Above Grade: 1346.0
  • Additional Items:Carpet Floor: Yes
  • Additional Items:Tile Floor: Yes
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Chelsea
  • General Property Info High School: Chelsea
  • General Property Info Middle School2: Chelsea
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven, Range
  • Interior Amenities: Ceiling Fans, Ceramic Floor, Eat-in Kitchen
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Walk Out, Partial
  • LivingArea: 1346.0
  • General Property Info:Stories2: 1.5
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Kitchen Features:Breakfast Nook: Yes
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding, Vinyl Siding
  • Exterior Features: Fenced Back, Porch(es), Deck(s)
  • List Price: 137500.0
  • Lot Features: Sidewalk
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Features:Deck(s): Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Features:Fenced Back: Yes
  • Exterior Features:Porch(es): Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Garage:Garage2: Yes
  • Garage Type:_two_: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Chelsea
  • High School: Chelsea
  • Middle/Junior School: Chelsea

Lot Info

  • Lot Size Acres: 0.74
  • Lot Size Area: 0.74
  • Lot Dimensions: 122 x 264
  • Lot Size Sq Ft: 32234.0
  • Zoning Description: RH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4424.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Feb 20, 2014
Sold by
Fannie Mae
Bought by
Orlandi Christopher and Orlandi Emily
Seller's Agent
Cheryl Latshaw
Howard Hanna Real Estate
Buyer's Agent
Deborah Durden
Keller Williams Ann Arbor Mrkt
List Price
$155,000
Sold Price
$136,500
Premium/Discount to List
-$18,500
-11.94%
Current Estimated Value
$367,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,514
Avg. Annual Appreciation
8.79%
Original Mortgage
$129,675
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Flagstar Bank Fsb
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
May 24, 2012
Sold by
Wilkinson Sandra L
Bought by
Flagstar Bank Fsb
Source: Public Records

Range of Values:

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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
Orlandi Christopher $136,500 Attorneys Title Agency Llc
Fannie Mae -- None Available
Flagstar Bank Fsb $151,946 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orlandi Christopher $150,000
Closed Orlandi Christopher $166,000
Closed Orlandi Christopher R $177,000
Closed Orlandi Christopher R $129,675
Previous Owner Wilkinson Sandra L $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $136,500 -11.9% $101 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
09/11/2013 09/11/13 For Sale $155,000 -- $115 / 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 $7,151 $196,600 $0 $0
2024 $7,284 $199,500 $0 $0
2023 $7,284 $151,100 $0 $0
2022 $6,475 $144,900 $0 $0
2021 $6,475 $147,900 $0 $0
2020 $6,745 $139,400 $0 $0
2019 $6,583 $172,000 $172,000 $0
2018 $6,374 $151,800 $0 $0
2017 $0 $142,500 $0 $0
2016 $0 $128,267 $0 $0
2015 -- $122,600 $0 $0
2014 -- $97,800 $0 $0
2013 -- $97,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23097439

Southwestern Michigan Association of REALTORS®

APN: 06-12-454-025