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220 Pierce Street

220 Pierce Street, Chelsea, MI 48118
Property in Chelsea
Sold Jul 08, 2011
$120,000
$116,958 by Amera Mortgage Corp
Mortgage Due Jul 01, 2041
Sold Aug 08, 2003
$159,900
$127,900 by United Mortgage Co
Mortgage Due Aug 01, 2033
Local assessors in Chelsea, MI have categorized 220 Pierce Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 7,623 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 220 Pierce Street has a total of 1,414 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 676 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 220 Pierce Street sold most recently in Jun 29, 2011 for a total of $120,000. If you work out the math, that's approximately a cost of $84.87 per sqft. Before that, the property was also sold for $159,900 in Jul 26, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,927 in taxes each year. 220 Pierce Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $115,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,414
  • Garage Type: Garage
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,623
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,414
  • Building Area: 1,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,414
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JAMES M CONGDONS THIRD ADDITION
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRSF 10-17-97 *OLD SID - FC 06-600-025-00 CV 8-20E THE E 3.5 RDS OF W 5 RDS OFLOTS 7&8 BLK 2 JAMES CONGDON'S 3RD ADDITION

Ownership

  • Current Owner : LUTHER JOHN D
  • Current Owner 2: PHILIPPE ANDRIA J
  • Previous Owner : HELLNER MARY U
  • Owner Before Previous Owner: SAUER RICKIE LEE
  • Owner Before Previous Owner 2: SAUER PENNY LOUISE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chelsea School District
  • School Tax School District: CHELSEA
  • Census Tract: 446200

Zoning

  • Zoning: RS2 SI

Geography

  • District: 06
  • Parcel: 06-06-12-452-008
  • Block: 2
  • Lot: 7-8
  • Meridian: SEC 12 TWN 2S RNG 3E
  • Municipality: CHELSEA CITY
  • Latitude: 42.3125
  • Longitude: -84.0226

    Address

  • Full Address: 220 Pierce St
  • Address - House Number: 220
  • Address - Street Name: Pierce
  • Address - Suffix Type: St
  • State: MI
  • City Name: Chelsea
  • Carrier Code: C003
  • 4-Digit Zip Code: 1233
  • Zip Code: 48118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,927
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 298,518
  • High Value: 347,705
  • Low Value: 249,331

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $146,958
  • First Open Lien Mortgage Lender: AMERA MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 08, 2011
  • First Open Lien Mortgage Loan Amount: $116,958
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2041
  • Second Open Lien Mortgage Lender: UNIVERSITY OF MICHIGAN CREDIT
  • Second Open Lien Mortgage Recording Date: Sep 30, 2022
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $231,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2011
  • Current Sale Recording Date: Jul 08, 2011
  • Current Sale Transaction ID: 1054638267
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6022069
  • Previous Sale Recording Date: Aug 08, 2003
  • Previous Sale Contract Date: Jul 26, 2003
  • Previous Sale Amount: $159,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERA MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 08, 2011
  • First Mortgage Loan Amount: $116,958
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: UNITED MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 08, 2003
  • Previous Mortgage Loan Amount: $127,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2033

About Chelsea



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Unit for rent at 301 Fairways Lane, Chelsea, MI, 48118

$3,200 /mo

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  • 3,894 ft²
301 Fairways Lane, Chelsea, MI, 48118 Listing by Christine Fitzsimons

Frequently Asked Questions

What neighborhood is 220 Pierce Street located in?
The 220 Pierce Street is a located in the neighborhood of Chelsea in Chelsea, Chelsea.
What is the average sales price for listings in 220 Pierce Street?
The average sales price for units in 220 Pierce Street is $0 currently.

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