Sold
551 Fairways Lane 102, Chelsea, MI 48118
Sold on 03/27/2026 for$590,000
MLS # 26006951 (Michigan Regional Information Center (MichRIC))
4 beds4 baths3,912 sqftBuilt 20150.23 acres
1 / 49
Listing Description
Remarkable value priced at less than $217/sq ft! The Georgetown floor plan is a tried and true colonial perfected over the years to meet the demands of today's most discriminating buyers. It features 4 generous bedrooms, second floor laundry, a soaring 11 ft ceiling in the great room, a flex room which can be a formal dining room, library, den or home office. The finishes are exquisite, hard wood flooring throughout 1st floor, stacked stone surrounding a natural wood burning fireplace, custom window treatments, finished basement w 3rd full bath and amazing wet bar. Outside you'll enjoy the stamped concrete patio w built in firepit and the established landscape. Impossible to duplicate at this price. It's an exceptional value and will serve your family well for years and years to come!
Source: SparkMLS
About this home
This 4-bedroom, 4-bath, 3,912 sq ft home built in 2015 sits in Chelsea Fairways in Chelsea.
This home sold for $590,000 (about $151/sq ft).
Annual property taxes run approximately $11,262 ($939/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
Bedrooms4
Bathrooms4
Living Area3,912 sqft
Lot Size0.23 acres
Year Built2015
Stories2
Location
CityChelsea
MunicipalityChelsea
Zip Code48118
CountyWashtenaw
School DistrictChelsea
Construction & Systems
StyleColonial
ConstructionBrick, Vinyl Siding
BasementFull
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
UtilitiesNatural Gas Available, Natural Gas Connected, Storm Sewer, High-Speed Internet
InteriorGarage Door Opener, Wet Bar, Center Island, Eat-in Kitchen, Pantry
Sale & Financing
Listed2/26/2026
Sold Date3/26/2026
Original Price$599,900
Terms AcceptedCash, FHA, VA Loan, Conventional
Source: SparkMLS
Tax Information
Annual Tax$11,262
Tax Year2025
Assessed Value$235,928
Parcel #06-07-18-340-102
Source: SparkMLS
Legal Description
NEW PLAT LOT 102 CHELSEA FAIRWAYS SUBDIVISION SPLIT ON 02/12/2002 FROM GC-07-18-325-001GC-07-18-225-003;
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 Holly Koch
KW Realty Living
Frequently Asked Questions about 551 Fairways Lane 102, Chelsea, MI 48118
What school district is 551 Fairways Lane 102, Chelsea, MI 48118 in?
Per MLS# 26006951, this property is served by Chelsea. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 551 Fairways Lane 102, Chelsea, MI 48118?
Per MLS# 26006951, the seller has indicated this property accepts the following financing types: Cash, FHA, VA Loan, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26006951, the most recent reported annual property tax for 551 Fairways Lane 102, Chelsea, MI 48118 is $11,262 (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.
Is 551 Fairways Lane 102, Chelsea, MI 48118 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 551 Fairways Lane 102, Chelsea, MI 48118 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
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.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Washtenaw County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$3,826
Principal & interest$3,826
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
551 Fairways Lane 102, Chelsea, MI 48118
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Neighborhood
Chelsea Fairways
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Community
Chelsea
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County
Washtenaw County
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