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716 Cobblestone Way

Chelsea, MI 48118

2 bd 2 ba 1,486 sqft Built 2002 Lot 1,742 sqft condos
Most recent sale
$300,000
Apr 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2024 Sold $300,000 MichRic
Feb 14, 2024 Listed $305,000 MichRic
Feb 14, 2024 Listing removed MichRic
Nov 13, 2015 Sold $168,000 Public Record
Oct 29, 2015 Listing removed $169,900 Realcomp
Sep 3, 2015 Listed $169,900 Realcomp
Aug 1, 2003 Sold $178,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $97,100 $3,992
2020 $96,900 $3,941
2019 $93,900 $3,847
2018 $87,100 $3,729

Property facts

Year built
2002
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,486 sqft
Lot size
1,742 sqft
ZIP code
48118
City
Chelsea
Street
Cobblestone Way
Coordinates
42.30984, -84.03386

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,229
Gross rental yield
8.92%
Implied cap rate
5.80%
Trend-extrapolated value

Frequently asked questions

When did 716 Cobblestone Way last sell?
716 Cobblestone Way most recently sold on Apr 22, 2024 for $300,000.
What is the current tax assessment for 716 Cobblestone Way?
The most recent total assessment for 716 Cobblestone Way (year 2021) is $97,100 with $3,992 in property tax.
How does 716 Cobblestone Way's assessment compare to its last sale price?
The current assessment is 67.6% below the last sale price of $300,000.
When was 716 Cobblestone Way built?
716 Cobblestone Way was built in 2002.
How does 716 Cobblestone Way compare to others on Cobblestone Way?
We track 8 other properties on Cobblestone Way. Browse the list under "Other properties on Cobblestone Way" to compare beds, baths, and sale history.
What are the property facts for 716 Cobblestone Way?
716 Cobblestone Way is a 2 bed, 2 bath, 1,486 sqft, 1,742 sqft lot condos.
Is 716 Cobblestone Way a flip candidate?
No — 716 Cobblestone Way does not appear in our flips dataset.
Is 716 Cobblestone Way a tax-appeal candidate?
No — 716 Cobblestone Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q2
$404.2K
2026 Q3
$410.7K
ZIP 48118 — Median Price History + Forecast

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