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724 Cobblestone Way

Chelsea, MI 48118

2 bd 1 ba 1,115 sqft Built 2002 condos
Most recent sale
$235,000
Apr 2, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 2, 2024 Sold $235,000 MichRic
Mar 15, 2024 Listed $230,000 MichRic
Sep 27, 2018 Sold $152,500 Public Record
Sep 19, 2018 Listing removed AnnArbor
Sep 17, 2018 Sold $152,500 MichRic
Aug 20, 2018 Listed $155,000 MiRealSource
Aug 7, 2018 Listed $155,000 AnnArbor
Feb 7, 2018 Sold $125,000 AnnArbor
Feb 29, 2016 Sold $125,000 MichRic
Dec 11, 2015 Listed $125,000 AnnArbor
Nov 12, 2014 Sold $111,000 Public Record
Nov 11, 2014 Listing removed $115,000 AnnArbor
Nov 7, 2014 Sold $111,000 MichRic
Aug 13, 2014 Listed $115,000 AnnArbor
Aug 1, 2003 Sold $159,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $75,000 $3,654
2020 $72,700 $3,608
2019 $70,800 $3,521
2018 $64,000 $3,139

Property facts

Year built
2002
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
1,115 sqft
Lot size
ZIP code
48118
City
Chelsea
Street
Cobblestone Way
Coordinates
42.30943, -84.03389

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,673
Gross rental yield
8.54%
Implied cap rate
5.55%
Trend-extrapolated value

Frequently asked questions

When did 724 Cobblestone Way last sell?
724 Cobblestone Way most recently sold on Apr 2, 2024 for $235,000.
What is the current tax assessment for 724 Cobblestone Way?
The most recent total assessment for 724 Cobblestone Way (year 2021) is $75,000 with $3,654 in property tax.
How does 724 Cobblestone Way's assessment compare to its last sale price?
The current assessment is 68.1% below the last sale price of $235,000.
When was 724 Cobblestone Way built?
724 Cobblestone Way was built in 2002.
How does 724 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 724 Cobblestone Way?
724 Cobblestone Way is a 2 bed, 1 bath, 1,115 sqft condos.
Is 724 Cobblestone Way a flip candidate?
Yes — 724 Cobblestone Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 724 Cobblestone Way a tax-appeal candidate?
No — 724 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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