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Washtenaw 48118
20700 Waldo Road
$250,000
● House - Off Market

20700 Waldo Road

Chelsea, MI 48118
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,178 Ft²
$366,030
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Just minutes South of I-94 and a short distance off Michigan Highway 52. Create memories raising your family on this five-acre quiet country setting. This 3-bedrooms, 1-1/2 bath home with attached 2 car garage & has hardwood  flooring. A full basement offers possibilities for additional living or recreation space. The master bedroom has a walk- in closet & a bath. Enjoy quiet time on your three-season room or have a family picnic under your Maple shade tree. A transfer panel is in place for a back up generator. Possibilities await with a 24' x 24' insulated pole barn with finished concrete floor and power. There is an additional 14' x 20' building for lawn furniture and equipment storage. Chelsea schools and address. Note: Some exterior trim and a building will be painted.,   Primary Bath, Bath, Rec Room: Space
Unit Size
1,178 Ft²
Days on Market
-
Land Size
3.18 acres
Price per sqft
$211
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #50251)

Price History

Date / Event Date Event Price
Jun 27, 2019 Sold
Premium
Sold
May 11, 2019 Listed by Keller Williams Ann Arbor $249,000
Listed by Keller Williams Ann Arbor

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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 Cover: 0
  • Basement Type: 9
  • Basement Area: 1,178
  • Garage Type: 7
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 138,521
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,178
  • Building Area: 1,178
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,178
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003180
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: OLD SID - O 15-001-003-10 SH 1-3B COM AT INTERSEC OF NS 1/4 LN& C/L WALDO RDTH N 89 DEG 3' 10" E 689.02 FT ON C/L WALDO RD TO

Neighborhood

  • School District Name: Chelsea School District
  • School Tax School District: CHELSEA
  • Census Tract: 432000

Zoning

  • Zoning: RH

Geography

  • District: O
  • Parcel: O -15-01-100-004
  • Block: 100
  • Meridian: SEC 01 TWN 03S RNG 03E
  • Municipality: SHARON TWP
  • Latitude: 42.2478
  • Longitude: -84.021

    Address

  • Full Address: 20700 Waldo Rd
  • Address - House Number: 20700
  • Address - Street Name: Waldo
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Chelsea
  • Carrier Code: R002
  • 4-Digit Zip Code: 9228
  • Zip Code: 48118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $116,362
  • Tax Rate Code Area: O

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 358,767
  • High Value: 416,995
  • Low Value: 300,539

    Market Valuation

  • Market Total Value: $277,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2019
  • Current Sale Recording Date: Jun 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6475731
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

2065 ft²

Average Home Age

57.8 years

Currently For Sale

672 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: Patrick L Fielder, Keller Williams Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 50251
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 20700 Waldo built and last sold?
The property at 20700 Waldo was built in 1973 and last sold on Jun 14, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 20700 Waldo is $0.
What are some comparable homes to 20700 Waldo?
There are currently no comparable homes to 20700 Waldo.
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