8 days on rocket

311 Madison St, Chelsea, MI, 48118

$239,900

Home List Price

$2,849*

Closing Credit

2 Bedrooms
1 Full Bath
1,153 SqFt
$208/SqFt
House

Location

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311 Madison St, Chelsea$239,900

Buyer Closing Credits

$2,849*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1920
HeatingForced Air, Natural Gas
BasementYes
MLS #81024062922
Lot Size0.23 Acres
StatusActive

About 311 Madison St

**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!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,153 SqFt

Listing Office:

  • Office Name: The Charles Reinhart Company
  • Office Phone: (734) 971-6070
  • Listing Agent: Richard Taylor

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Located at the corner of Madison St and Mayer

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,900
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $3,737
  • Tax Year: 2021
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Housing Market Comparison

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

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Chelsea, MI

City

Med. Sold Price

$424.1K

Med. Price/SqFt

$200

Avg. Days On Market

61

# of Sold Homes

24

311 Madison St vs Chelsea

8 DAYS ON ROCKET

-53 Days

$239,900

-$184.2K Less

$208/SqFt

+$8 More

KEY TAKEAWAY

This property is $184.2K less than the Median Sold Price and $8/SqFt more than other homes in Chelsea, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Metropolitan Association of REALTORS
  • MLS Number: #81024062922

Listing Office:

  • Office Name: The Charles Reinhart Company
  • Office Phone: (734) 971-6070
  • Listing Agent: Richard Taylor

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:11 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

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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-792526
7
/10

  • South Meadows Elementary School

  • 335 Pierce St

  • 0.62 miles

  • Public District Grades 3-5

school-card-donut-792527
8
/10

  • Creekside Intermediate School

  • 2615 Baker Rd

  • 6.49 miles

  • Public District Grades 5-6

school-card-donut-792528
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. The majority of Chelsea, MI residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically 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 $239,900.

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?

Active Listing: 311 Madison St 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 $3,737 (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 1,153 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 1,153 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 December 13, 2024 and is currently priced at $239,900.

In November 2024 more than 2 listings in Chelsea, MI were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 17 were sold below. Between October 2024 and November 2024, Chelsea, MI real estate market has seen decrease in the number of listings by 9.4%. The median list price of listings available in November 2024 was $424,122, while the average time on the real estate market was 61 days.

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

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