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350 Fairways Lane

350 Fairways Lane, Chelsea, MI 48118
Property in Chelsea
Sold Jul 06, 2007
$330,000
$260,000 by Flagstar Bank Fsb
Mortgage Due Jul 01, 2037
Sold Oct 27, 2003
$315,675
$252,500 by Republic Bank
Mortgage Due Nov 01, 2033
Local assessors in Chelsea, MI have categorized 350 Fairways Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 8,454 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 are 3 full bathrooms. There are also 3 partial bathrooms. 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 350 Fairways Lane has a total of 1,986 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 1,073 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Lots of brick 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 350 Fairways Lane sold most recently in Jun 15, 2007 for a total of $330,000. If you work out the math, that's approximately a cost of $166.16 per sqft. Before that, the property was also sold for $315,675 in Oct 17, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,839 in taxes each year. 350 Fairways Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $232,600. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 18
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 3,997
  • Garage Type: Garage
  • Garage Square Area: 1,073
  • Parking Space Count: 2
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,454
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,986
  • Building Area: 1,986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,986
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHELSEA FAIRWAYS SUBDIVISION
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEW PLAT LOT 58 CHELSEA FAIRWAYS SUBDIVISION SPLIT ON 02/12/2002 FROMGC-07-18-325-001GC-07-18-225-003;

Ownership

  • Current Owner : TILLMAN KENNETH A
  • Current Owner 2: TILLMAN PHYLLIS A
  • Previous Owner : DELOREY ROBERT
  • Owner Before Previous Owner: COOK & RICHARDS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chelsea School District
  • School Tax School District: CHELSEA
  • Census Tract: 446400

Zoning

  • Zoning: PUD PL

Geography

  • District: 06
  • Parcel: 06-07-18-335-058
  • Block: 335
  • Lot: 58
  • Meridian: SEC 18 TWN 2S RNG 4E
  • Municipality: CHELSEA CITY
  • Latitude: 42.3034
  • Longitude: -84.0123

    Address

  • Full Address: 350 Fairways Ln
  • Address - House Number: 350
  • Address - Street Name: Fairways
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Chelsea
  • Carrier Code: C001
  • 4-Digit Zip Code: 2120
  • Zip Code: 48118

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $6,839
  • Tax Rate Code Area: 06

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 76
  • Final Value: 500,663
  • High Value: 591,468
  • Low Value: 409,857

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jul 06, 2007
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2037

    Market Valuation

  • Market Total Value: $465,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2007
  • Current Sale Recording Date: Jul 06, 2007
  • Current Sale Transaction ID: 1185992841
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5799695
  • Previous Sale Recording Date: Oct 27, 2003
  • Previous Sale Contract Date: Oct 17, 2003
  • Previous Sale Amount: $315,675
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Jul 06, 2007
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jul 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC BANK
  • Previous Mortgage Transaction Date: Oct 27, 2003
  • Previous Mortgage Loan Amount: $252,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Chelsea



Similar Buildings

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Nearby Rentals

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

$3,200 /mo

  • 4 Beds
  • 3.5 Baths
  • 3,894 ft²
301 Fairways Lane, Chelsea, MI, 48118 Listing by Christine Fitzsimons

Frequently Asked Questions

What neighborhood is 350 Fairways Lane located in?
The 350 Fairways Lane is a located in the neighborhood of Chelsea in Chelsea, Chelsea.
What is the average sales price for listings in 350 Fairways Lane?
The average sales price for units in 350 Fairways Lane is $0 currently.

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