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Washtenaw 48118
17485 Waterloo Road
$249,900
● House - Off Market

17485 Waterloo Road

Chelsea, MI 48118
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,144 Ft²
$391,157
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Secluded 4 Bedroom, 3 Bathroom Ranch Home on 3.03 Acres. Open Floor Plan, Spectacular Serene Wooded View of Nature and lots of Natural Light. This Home offers several sliding doors that lead to large decks to enjoy the views. Paved driveway, 2 car attached garage, full finished walkout second level. This is a Fannie Mae Home Path Property.,   Primary Bath, Rec Room: Finished
Unit Size
3,144 Ft²
Days on Market
-
Land Size
3.03 acres
Price per sqft
$81
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23082990)

Price History

Date / Event Date Event Price
Jan 3, 2023 Sold
Premium
Sold
Sep 23, 2022 Listed by Howard Hanna $389,900
Listed by Howard Hanna
Apr 19, 2018 Sold
Premium
Sold
Feb 14, 2018 Listed by Howard Hanna $254,900
Listed by Howard Hanna
Jul 21, 2017 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 153
  • Garage Type: 7
  • Garage Square Area: 62
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 131,987
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003030
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: ALC L2494 P842 ****FROM 0532200016 05/06/91 LY 32-3A-3A-1A COM AT CENTER OF SEC32, TH S 86-52-17 W 317.84 FT TO POB; TH S

Neighborhood

  • School District Name: Chelsea School District
  • School Tax School District: CHELSEA
  • Census Tract: 445000

Zoning

  • Zoning: RH

Geography

  • District: E
  • Parcel: E -05-32-200-022
  • Block: 200
  • Meridian: SEC 32 TWN 01S RNG 03E
  • Municipality: LYNDON TWP
  • Latitude: 42.3446
  • Longitude: -84.1049

    Address

  • Full Address: 17485 Waterloo Rd
  • Address - House Number: 17485
  • Address - Street Name: Waterloo
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Chelsea
  • Carrier Code: R004
  • 4-Digit Zip Code: 9013
  • Zip Code: 48118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $186,615
  • Tax Rate Code Area: E

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 425,823
  • High Value: 496,122
  • Low Value: 355,525

    Market Valuation

  • Market Total Value: $357,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Jan 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6674659
  • Previous Sale Recording Date: Apr 19, 2018
  • Previous Sale Contract Date: Apr 11, 2018
  • Previous Sale Amount: $249,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Washtenaw

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

48

Average Home Size

2060 ft²

Average Home Age

57.9 years

Currently For Sale

669 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Linda Allen, Howard Hanna
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23082990
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 17485 Waterloo Road built and last sold?
The property at 17485 Waterloo Road was built in 1992 and last sold on Dec 20, 2022 for $380,000.
How much is this home worth?
The estimated value of the home located at 17485 Waterloo Road is $0.
What are some comparable homes to 17485 Waterloo Road?
There are currently no comparable homes to 17485 Waterloo Road.
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