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Washtenaw 48118
20995 Waterloo Road
$344,000
● House - Off Market

20995 Waterloo Road

Chelsea, MI 48118
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,502 Ft²
$628,947
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

This is one special home from tip to tail! Situated in a 2 acre park like setting and the house looks like it belongs in a magazine! Gleaming wood floors and Andersen windows to enjoy the views! Large cooks kitchen with stainless appliances. Beautiful 3 season room! Finished lower level offers an additional fireplace in the family room, wet bar, full bath and bedroom #3. Laundry can be on either level. Great 24'x32' barn with 12' ceiling, insulated, electric and loft above. Extensive decking to enjoy the 15'x35' inground heated pool! The list goes on and on! Do not miss this one!,   Primary Bath, Rec Room: Finished
Unit Size
2,502 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$135
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1988

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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 #23107433)

Price History

Date / Event Date Event Price
Mar 28, 2019 Sold
Premium
Sold
Feb 1, 2019 Listed by The Charles Reinhart Company $390,000
Listed by The Charles Reinhart Company
Jul 22, 2014 Sold
Premium
Sold
May 19, 2014 Listed by The Charles Reinhart Company $339,000
Listed by The Charles Reinhart Company

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 3
  • 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: 168
  • Garage Type: 7
  • Garage Square Area: 123
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,502
  • Building Area: 1,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,502
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LY 36-9B (020) BEG AT E 1/4 COR SEC 36, TH S 86-53-25 W 262 FT, TH N 00-57-20 W271.77 FT, TH N 62-15-30 E 293.28 FT, ALG C/L

Neighborhood

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

Zoning

  • Zoning: RH

Geography

  • District: E
  • Parcel: E -05-36-100-022
  • Block: 100
  • Meridian: SEC 03 TWN 01S RNG 03E
  • Municipality: LYNDON TWP
  • Latitude: 42.3481
  • Longitude: -84.0158

    Address

  • Full Address: 20995 Waterloo Rd
  • Address - House Number: 20995
  • Address - Street Name: Waterloo
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Chelsea
  • Carrier Code: R006
  • 4-Digit Zip Code: 9121
  • Zip Code: 48118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $202,254
  • Tax Rate Code Area: E

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 80
  • Final Value: 529,074
  • High Value: 612,373
  • Low Value: 445,775

    Market Valuation

  • Market Total Value: $445,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 25, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6463987
  • Previous Sale Recording Date: Jul 22, 2014
  • Previous Sale Contract Date: Jul 14, 2014
  • Previous Sale Amount: $344,000
  • Previous Sale Document Type: 71
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

2064 ft²

Average Home Age

57.8 years

Currently For Sale

671 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

Rentals Near You

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MichRIC

Listed by: Deborah Engelbert, The Charles Reinhart Company
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23107433
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 20995 Waterloo Road built and last sold?
The property at 20995 Waterloo Road was built in 1988 and last sold on Mar 25, 2019 for $390,000.
How much is this home worth?
The estimated value of the home located at 20995 Waterloo Road is $0.
What are some comparable homes to 20995 Waterloo Road?
There are currently no comparable homes to 20995 Waterloo Road.
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