Welcome to 109 Village Place, a beautifully updated condo in the heart of Chelsea, Michigan. This spacious home features 3 bedrooms, 2.5 bathrooms, including a primary suite, and 1,740 finished square feet, with an additional 400 square feet of partially finished space in the basement. One of the rare units, it offers a serene view of the field from the back deck—perfect for relaxation or entertaining. Recent updates include new flooring and a newer furnace, ensuring comfort and modern appeal. The attached 2-car garage provides plenty of storage, and the HOA covers snow removal and lawn care for hassle-free living. Located just a short walk from downtown Chelsea, local restaurants, and the Chelsea Fairgrounds, this condo offers the ideal blend of convenience and quiet. . With quick access to I-94 for commuting to Ann Arbor or Detroit, it's an unbeatable location!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,219
Per Month
Principal & Interest
$1,822
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$330
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,161
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
South Meadows Elementary School
335 Pierce St
Distance between this listing and this school0.25 miles
Public District Grades 3-5
8
/10
Creekside Intermediate School
2615 Baker Rd
Distance between this listing and this school6.99 miles
Public District Grades 5-6
6
/10
Wylie Elementary School
3060 Kensington St
Distance between this listing and this school7.33 miles
Public District Grades 3-4
Nearby Schools
9
/10
Beach Middle School
445 Mayer Dr
Distance between this listing and this school0.95 miles
Public District Grades 6-8
10
/10
Mill Creek Middle School
7305 Dexter Ann Arbor Rd
Distance between this listing and this school7.53 miles
Public District Grades 7-8
5
/10
Grass Lake Middle School
1000 Grass Lake Rd
Distance between this listing and this school9.76 miles
Public District Grades 6-8
Nearby Schools
10
/10
Chelsea High School
740 N Freer Rd
Distance between this listing and this school1.05 miles
Public District Grades 9-12
7
/10
Dexter High School
2200 N Parker Rd
Distance between this listing and this school6.55 miles
Public District Grades 9-12
5
/10
Dexter Alternative School
7714 Ann Arbor St
Distance between this listing and this school7.39 miles
The neighbors living near this home have an average income of $49,440. Residents of Chelsea, MI typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 109 Village Place Dr
What is the listing price of this property?
The listing price of 109 Village Place Dr property is $365,000.
What type of property is this?
The property 109 Village Place Dr is a condo located in Chelsea, Michigan, 48118.
Is this property for sale now?
Active Listing: 109 Village Place Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,960 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 11, 1998 for $166,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 109 Village Place Dr has 3 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 109 Village Place Dr is 2,140 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 109 Village Place Dr is 1997.
This home is located at 109 Village Place Dr in Chelsea, MI and zip code 48118. This 2,140 square foot home was built in 1997. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $365,000.
Chelsea, MI housing market in November 2024 saw over 2 listings sold above listed price, more than 5 sold at listed price and over 17 sold below. The inventory of homes for sale in Chelsea, MI between October 2024 and November 2024 decreased by 9.4%. In November 2024 median list price was $424,122 and the average listing age was 61 days.
From Rocket Homes Real Estate and based on county public records data.