114 MiddleChelsea, MI 48118

  • Drive through restaurants
  • 2,006 SF
Off market
$137,800 Estimated

Property Details for 114 Middle

Year built
1930
Lot size
0.07 AC
Property size (Sq ft)
2,006 SF
Zone code
C5 CENT
Property type
Drive through restaurants
APN
06-06-12-161-022
APU
60612161022

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $504,802
    6.5%
    $465,971
    7%
    $432,688
  • Comparable approach

    Method
    Valuation
    Relative Method
    $472,856
    Geo Method
    $472,856
  • Alternative Use

    Use
    Valuation
    Residential
    $393,064
    Hospitality
    $360,045
    Educational
    $299,553
    Medical
    $309,855
    Retail
    $465,971

Location Insight

City
Chelsea
County
Washtenaw
State
Michigan
Latitude
42.3182
Longitude
-84.0213
CBSA code
11460
CBSA name
ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,974
-
-
$137,800
-
-
-
$275,600

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