3 months on rocket

Backup Offers

311 Madison St, Chelsea, MI, 48118

$259,000

Home List Price

$3,076*

Closing Credit

2 Bedrooms
1 Full Bath
1,821 SqFt
$142/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

311 Madison St, Chelsea$259,000

Buyer Closing Credits

$3,076*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1920
HeatingForced Air
CoolingWall Unit(s)
BasementYes
FireplaceFormal Dining
MLS #24040170
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Active Backup)

About 311 Madison St

Beautiful ranch on corner lot in highly sought after downtown Chelsea. Spacious living room, eat-in kitchen w/ ample storage & conveniently located just minutes from all of the great shopping/dining that Chelsea has to offer. All the expensive updates have been recently completed such as newer roof, new HWH, furnace & ext paint in 2023. It is well maintained & is ready to move in & enjoy. There is a large 2 car detached garage, 3 season enclosed porch on the front as well as a deck on the rear off the mud room to entertain friends or relax & enjoy a quiet evening sitting outside. With it's convenient location to I-94, shopping & the Waterloo State Rec area close by, this home is perfect for someone downsizing, a 1st time buyer or an investor looking for a quality rental at a great price!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,821 SqFt

Listing Office:

  • Office Name: Cornerstone Real Estate
  • Office Phone: (734) 316-5886
  • Listing Agent: Travis Otto

Interior Features

Interior Information:

  • Appliances: Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Basement: Yes
  • Interior: Eat-in Kitchen
  • Fireplace: Formal Dining

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: M52 to Park St to Madison

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,000
  • Price Per SqFt: $142/SqFt

Tax Information:

  • Annual Amount: $3,737
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Chelsea, MI.

Map thumbnail provided by MapBox

Chelsea, MI

City

Med. Sold Price

$425K

Med. Price/SqFt

$202

Avg. Days On Market

32

# of Sold Homes

11

311 Madison St vs Chelsea

104 DAYS ON ROCKET

+72 Days

$259,000

-$166K Less

$142/SqFt

-$60 Less

KEY TAKEAWAY

This property is $166K less than the Median Sold Price and $60/SqFt less than other homes in Chelsea, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24040170

Listing Office:

  • Office Name: Cornerstone Real Estate
  • Office Phone: (734) 316-5886
  • Listing Agent: Travis Otto

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 03, 2016Home Sold
$139,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,737$106,600
2020$3,781$103,200
2019 - $91,500
2018 - $76,400
2017 - $74,700

History based on county public records data.

Payment Calculator

$1,360

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$843

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-203199
7
/10

  • South Meadows Elementary School

  • 335 Pierce St

  • 0.62 miles

  • Public District Grades 3-5

school-card-donut-203200
8
/10

  • Creekside Intermediate School

  • 2615 Baker Rd

  • 6.49 miles

  • Public District Grades 5-6

school-card-donut-203201
6
/10

  • Wylie Elementary School

  • 3060 Kensington St

  • 6.82 miles

  • Public District Grades 3-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,200. Typical income of Chelsea, MI residents is between $35k-100k annually. The most common type of family is 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 311 Madison St

What is the listing price of this property?

The listing price of 311 Madison St property is $259,000.

What type of property is this?

The property 311 Madison St is a house located in Chelsea, Michigan, 48118.

Is this property for sale now?

Accepting Backup Offers: 311 Madison St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,737 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 3, 2016 for $139,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 311 Madison St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 311 Madison St is 1,821 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 311 Madison St is 1920.

Rocket Homes›Michigan›Washtenaw County›Chelsea›48118›311 Madison St

This home is located at 311 Madison St in Chelsea, MI and zip code 48118. This 1,821 square foot home, which was built in 1920, sits on a 0.23 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $259,000.

Over 3 listings were sold over their listed price in October 2024 in Chelsea, MI. In the same period over 5 listings were sold below the listed price and 3 listings were sold for the listed price. In October 2024 in Chelsea, MI there were 1.8% less homes for sale than in September 2024. While the average time on the market in October 2024 was 32 days, the median list price was $425,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources