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1538 Ridge Rd

Chelsea, MI 48118

2 bd 1 ba 800 sqft Built 1920 Lot 12,197 sqft single_family
Most recent sale
$425,000
Apr 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Listing removed $465,000 AnnArbor
Apr 13, 2022 Sold $425,000 MLS #3286235
Feb 23, 2022 Listed $465,000 MLS #3286235
Nov 23, 2021 Listed $465,000 MLS #3285151
Oct 23, 1996 Sold $80,000 Public Record
Nov 24, 1992 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $175,200 $943
2020 $176,000 $6,009
2019 $242,600 $5,921
2018 $240,100 $5,800
2017 $309,000 $5,659
2016 $246,800 $5,669
2015 $175,400 $5,560
2014 $174,000 $5,479
2013 $152,000 $5,400
2012 $151,700 $5,342
2011 $156,000 $4,933
2010 $168,100 $4,909
2009 $181,600 $5,000
2008 $182,500 $763

Property facts

Year built
1920
Property type
single_family
Stories
Beds
2
Baths
1
Living area
800 sqft
Lot size
12,197 sqft
ZIP code
48118
City
Chelsea
Street
Ridge Rd
Coordinates
42.31632, -84.10318

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,550
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1538 Ridge Rd last sell?
1538 Ridge Rd most recently sold on Apr 13, 2022 for $425,000.
What is the current tax assessment for 1538 Ridge Rd?
The most recent total assessment for 1538 Ridge Rd (year 2021) is $175,200 with $943 in property tax.
How does 1538 Ridge Rd's assessment compare to its last sale price?
The current assessment is 58.8% below the last sale price of $425,000.
When was 1538 Ridge Rd built?
1538 Ridge Rd was built in 1920.
How does 1538 Ridge Rd compare to others on Ridge Rd?
We track 8 other properties on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 1538 Ridge Rd?
1538 Ridge Rd is a 2 bed, 1 bath, 800 sqft, 12,197 sqft lot single_family.
Is 1538 Ridge Rd a flip candidate?
No — 1538 Ridge Rd does not appear in our flips dataset.
Is 1538 Ridge Rd a tax-appeal candidate?
No — 1538 Ridge Rd 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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