Under Contract
516 S Main Street, Chelsea, MI 48118
$317,000
MLS # 26028651 (Michigan Regional Information Center (MichRIC))
2 beds1 bath1,060 sqftBuilt 19000.16 acres
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Listing Description
Charming 1900 Chelsea home with stunning original trim & wood beams! Two bedroom, one bath featuring character in every room. Prime downtown location - walk to restaurants, distillery and shopping in this thriving area! Spacious living and dining areas perfect for entertaining. Second floor offers flexible space for office, studio or guest room. 1.5 car garage with abundant storage. Furniture list in private remarks. Don't miss this vintage gem in vibrant downtown Chelsea! Historic charm meets modern convenience.
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 1,060 sq ft home built in 1900 sits in Chelsea in Chelsea.
Asking $317,000 (about $299/sq ft).
Property tax estimate: $3,216 per year ($268/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by City of Chelsea; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area1,060 sqft
Lot Size0.16 acres
Year Built1900
Stories2
Location
CityChelsea
MunicipalityChelsea Vlg
Zip Code48118
CountyWashtenaw
School DistrictChelsea
Construction & Systems
StyleColonial
ConstructionAluminum Siding, Vinyl Siding
BasementCrawl Space, Michigan Basement
Garage1.5 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer, High-Speed Internet
InteriorCeiling Fan(s), Broadband, Garage Door Opener
Sale & Financing
Listed6/10/2026
Terms AcceptedCash, FHA, VA Loan, MSHDA, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,216
Tax Year2025
Assessed Value$66,309
Parcel #06-06-12-435-014
Source: SparkMLS
Legal Description
*OLD SID - FC 06-512-175-00 C.V. 1-121 S 1/2 OF THE FOLLOWING DESC LAND BEG IN E LINE OF LOT 7 BLK 6 JAMES CONGDON'S 2ND ADDITION TO THE VILLAGE OF CHELSEA AT A PT WHICH IS S 1DEG E 1 RD FROM NE COR OF LOT 7 TH N 89 DEG E 9 RDS AND 24 LKS TO W LINE O F MAINST TH S 1 DEG E 5 RDS ON W LINE OF MAIN ST TH S 89 DEG W 9 RDS AND 24 LKS TH N 1 DEG W 5 RDS IN E LINE OF LOTS 7 & 8 TO PL OB BEG. BEGIN A PART
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by TIMOTHY CREECH
Five Star Real Estate
Frequently Asked Questions about 516 S Main Street, Chelsea, MI 48118
Which school district serves 516 S Main Street, Chelsea, MI 48118?
Per MLS# 26028651, 516 S Main Street, Chelsea, MI 48118 is in the Chelsea boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Chelsea directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26028651, this listing accepts Cash, FHA, VA Loan, MSHDA, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 516 S Main Street, Chelsea, MI 48118?
Per public tax records, annual property taxes for this property are $3,216 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 516 S Main Street, Chelsea, MI 48118 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 516 S Main Street, Chelsea, MI 48118 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 516 S Main Street, Chelsea, MI 48118?
Per Michigan Public Service Commission service territory data: Electric: City of Chelsea. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Washtenaw County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$2,056
Principal & interest$2,056
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
City of Chelsea
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
516 S Main Street, Chelsea, MI 48118
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Municipality
Chelsea
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County
Washtenaw County
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