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$239,900

Beds
2
Baths
1.0
sq ft
1,153

311 Madison St, Chelsea, MI 48118

311 Madison St

Chelsea, MI 48118

  • 9 days on market
**OPEN HOUSE Sunday 12/22 1pm - 3pm** Start the New Year off with this gorgeous two bedroom ranch is nestled in the heart of downtown Chelsea. This well priced home is perfect for first time buyers and would make an excellent rental with its proximity to Downtown. There are many features which include a large living room with beautiful views of downtown, an expansive kitchen with plenty of cabinets, new interior lighting, freshly painted basement, a modern electrical panel, 3 year old forced air furnace, detached one car garage and a rear deck. This beautifully designed home won't stay on the market long so hurry!

Details

Property type

Single Family Residence

Est. home value

$272,776

Lot size

0.23 acres

Price per sq ft

$209

Year built

1920

Annual property taxes

$4,497

Price History

12/13/2024
Realcomp

Realcomp #81024062922

Listed
$239,900
-7.37%
12/08/2024
Realcomp

Realcomp #81024040170

Removed
$259,000
10/07/2024
Realcomp

Realcomp #81024040170

Price change
$259,000
-5.82%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Chelsea

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

University Of Michigan Cu

Loan start date

November 2022

Original loan amount

$20,000

Est. remaining balance

Not provided

Interest rate

4.93%

Loan type

Credit Line (Revolving)

Seller

Scott Howard

Lender

Nationstar Mortgage Llc

Loan start date

December 2021

Original loan amount

$148,200

Est. remaining balance

$138,767

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Scott Howard

Lender

Pacific Union Financial Llc

Loan start date

February 2016

Original loan amount

$136,972

Est. remaining balance

Not provided

Interest rate

2%

Loan type

Not Provided, 30 year

Seller

Scott Howard

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 4:10 AM

Listing updated: 12/22/2024 at 3:15 PM

Listed by: Richard Taylor, The Charles Reinhart Company Phone #: (734) 971-6070

MLS: Realcomp #81024062922

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