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340 Fairways Ln

Chelsea, MI 48118

4 bd 4 ba 3,016 sqft Built 2004 Lot 10,890 sqft single_family
Most recent sale
$485,000
Mar 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 1, 2022 Sold $485,000 MLS #3285689
Jan 14, 2022 Listed $484,900 MLS #3285689
Apr 5, 2018 Sold $418,000 Public Record
Dec 30, 2009 Sold $280,000 Public Record
Nov 21, 2009 Listing removed $247,900 Realcomp
Oct 16, 2009 Listed $247,900 MLS #29136321
Nov 2, 2004 Sold $428,000 Public Record
Jun 23, 2004 Sold $4,810,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2019 $196,000 $9,572

Property facts

Year built
2004
Property type
single_family
Stories
Beds
4
Baths
4
Living area
3,016 sqft
Lot size
10,890 sqft
ZIP code
48118
City
Chelsea
Street
Fairways Ln
Coordinates
42.30354, -84.01251

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,524
Gross rental yield
11.19%
Implied cap rate
7.28%
Trend-extrapolated value

Frequently asked questions

When did 340 Fairways Ln last sell?
340 Fairways Ln most recently sold on Mar 1, 2022 for $485,000.
What is the current tax assessment for 340 Fairways Ln?
The most recent total assessment for 340 Fairways Ln (year 2019) is $196,000 with $9,572 in property tax.
How does 340 Fairways Ln's assessment compare to its last sale price?
The current assessment is 59.6% below the last sale price of $485,000.
When was 340 Fairways Ln built?
340 Fairways Ln was built in 2004.
How does 340 Fairways Ln compare to others on Fairways Ln?
We track 8 other properties on Fairways Ln. Browse the list under "Other properties on Fairways Ln" to compare beds, baths, and sale history.
What are the property facts for 340 Fairways Ln?
340 Fairways Ln is a 4 bed, 4 bath, 3,016 sqft, 10,890 sqft lot single_family.
Is 340 Fairways Ln a flip candidate?
No — 340 Fairways Ln does not appear in our flips dataset.
Is 340 Fairways Ln a tax-appeal candidate?
No — 340 Fairways Ln 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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