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109 Village Place Dr

Chelsea, MI 48118

3 bd 3 ba 2,140 sqft Built 1997 condos
Most recent sale
$325,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 12, 2026 Price changed $375,000 Realcomp
Feb 26, 2026 Listed $385,000 Realcomp
Jul 25, 2025 Sold $355,000 MichRic
Jun 7, 2022 Sold $325,000 Public Record
May 26, 2022 Sold $325,000 MichRic
May 26, 2022 Listed $325,000 MLS #3288342
Mar 11, 1998 Sold $166,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $140,800 $2,238
2020 $128,600 $4,200
2019 $113,600 $4,100

Property facts

Year built
1997
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
2,140 sqft
Lot size
ZIP code
48118
City
Chelsea
Street
Village Place Dr
Coordinates
42.30861, -84.02254

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,210
Gross rental yield
11.85%
Implied cap rate
7.70%
Trend-extrapolated value

Frequently asked questions

When did 109 Village Place Dr last sell?
109 Village Place Dr most recently sold on Jun 7, 2022 for $325,000.
What is the current tax assessment for 109 Village Place Dr?
The most recent total assessment for 109 Village Place Dr (year 2021) is $140,800 with $2,238 in property tax.
How does 109 Village Place Dr's assessment compare to its last sale price?
The current assessment is 56.7% below the last sale price of $325,000.
When was 109 Village Place Dr built?
109 Village Place Dr was built in 1997.
How does 109 Village Place Dr compare to others on Village Place Dr?
We track 8 other properties on Village Place Dr. Browse the list under "Other properties on Village Place Dr" to compare beds, baths, and sale history.
What are the property facts for 109 Village Place Dr?
109 Village Place Dr is a 3 bed, 3 bath, 2,140 sqft condos.
Is 109 Village Place Dr a flip candidate?
No — 109 Village Place Dr does not appear in our flips dataset.
Is 109 Village Place Dr a tax-appeal candidate?
No — 109 Village Place Dr 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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