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296 Island Lake Rd, Chelsea, MI, 48118

$304,900

Home List Price

$3,621*

Closing Credit

2 Bedrooms
1 Full Bath
1,040 SqFt
$293/SqFt
House
Schools Nearby

Location

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296 Island Lake Rd, Chelsea$304,900

Buyer Closing Credits

$3,621*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1980
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Wall Unit(s)
BasementYes
WaterfrontDock Facilities
FireplaceLiving Room
MLS #54024018691
Lot Size0.19 Acres
StatusActive

About 296 Island Lake Rd

Escape to tranquility with this delightful two-bedroom, one-bathroom ranch nestled on the shores of serene Island Lake in Chelsea. Perfectly situated on a peaceful, private, no-wake lake, this home offers a rare opportunity to enjoy waterfront living at its finest.Featuring a newer roof and furnace, as well as a brand-new driveway, this well-maintained property promises comfort and convenience. The open layout creates a warm and inviting atmosphere, with stunning lake views.You will enjoy unwinding in the tranquil surroundings, this is the ultimate retreat for outdoor enthusiasts and nature lovers alike.Conveniently located just minutes away from downtown Chelsea and downtown Ann Arbor! Don't miss out on this rare opportunity to own a piece of lakeside paradise.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,040 SqFt

Listing Office:

  • Office Name: Key Realty One LLC
  • Office Phone: (734) 273-9083
  • Listing Agent: William E Link

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Cable Available, Laundry Facility, Jetted Tub, Water Softener (owned)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Dock Facilities

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Wall Unit(s)

School Info

Assigned Schools Information:

  • Chelsea High School, Public District Grades 9-12
  • Beach Middle School, Public District Grades 6-8
  • South Meadows Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: North Territorial, south on Island Lake Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $304,900
  • Price Per SqFt: $293/SqFt

Tax Information:

  • Annual Amount: $4,844
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: Ann Arbor Area Board of REALTORS®
  • MLS Number: #54024018691

Listing Office:

  • Office Name: Key Realty One LLC
  • Office Phone: (734) 273-9083
  • Listing Agent: William E Link

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 12:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 06, 2013Home Sold
$173,000
Jul 14, 1998Home Sold
$93,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,844$96,000
2020$3,822$96,800
2019$4,611$96,700
2018$851$90,700
2017$4,465$94,400

History based on county public records data.

Payment Calculator

$1,589

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$981

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5088457
7
/10
  • South Meadows Elementary School

  • 335 Pierce St

  • 4.63 miles

  • Public District Grades 3-5

Middle School

school-card-donut-5088458
7
/10
  • Beach Middle School

  • 445 Mayer Dr

  • 4.49 miles

  • Public District Grades 6-8

High School

school-card-donut-5088459
9
/10
  • Chelsea High School

  • 740 N Freer Rd

  • 5.04 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,490. Most Washtenaw County, MI residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 296 Island Lake Rd

What is the listing price of this property?

The listing price of 296 Island Lake Rd property is $304,900.

What type of property is this?

The property 296 Island Lake Rd is a house located in Chelsea, Michigan, 48118.

Is this property for sale now?

Active Listing: 296 Island Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 296 Island Lake Rd are:
South Meadows Elementary School: GreatSchools Rating 7/10
Beach Middle School: GreatSchools Rating 7/10
Chelsea High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,844 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 6, 2013 for $173,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 296 Island Lake Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 296 Island Lake Rd is 1,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 296 Island Lake Rd is 1980.

Rocket HomesMichiganWashtenaw CountyChelsea48118296 Island Lake Rd

This home is located at 296 Island Lake Rd in Chelsea, MI and zip code 48118. This 1,040 square foot home, which was built in 1980, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $304,900.

Washtenaw County, MI housing market in April 2024 saw over 151 listings sold above listed price, more than 40 sold at listed price and over 88 sold below. The number of listings in Washtenaw County, MI increased by 21.6% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $390,134.

From Rocket Homes Real Estate and based on county public records data.

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