Prime Downtown Chelsea Investment Opportunity! Unleash your creativity on this charming ranch, perfectly situated in the heart of walkable downtown Chelsea. Tucked away on a generous lot backing to private woods, this property offers the ultimate blend of town living and secluded privacy with no rear neighbors. Brimming with renovation potential, this home is a blank canvas waiting for a buyer with the vision to restore its historic character. The layout features original hardwood floors, classic oak trim, a marble fireplace, an eat-in kitchen with a farmhouse sink, and two main-floor bedrooms. Outside, you'll find a detached garage and a unique backyard stone fireplace ready to be transformed into an incredible outdoor entertaining spot. The property is being sold as-is, cash only—bring your ideas and unlock its full potential!
Active
$150,000
119 Madison St, Chelsea, MI 48118
2beds
856sqft
Single Family Residence
Built in 1900
8,712 Square Feet Lot
$-- Zestimate®
$175/sqft
$-- HOA
What's special
Detached garageMarble fireplaceCharming ranchUnique backyard stone fireplaceClassic oak trimTwo main-floor bedroomsOriginal hardwood floors
- 1 day
- 730
- 56
Zillow last checked:
Listing updated:
Listed by:
Nathan Zander 734-320-4430,
The Charles Reinhart Company 734-475-9600,
Matthew McKernan 734-834-8890,
The Charles Reinhart Company
Source: MichRIC,MLS#: 26052869
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Bathroom
Features
- Flooring: Linoleum, Wood
- Basement: Michigan Basement
- Has fireplace: No
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 856
- Total interior livable area: 856 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Stories: 1
Lot
- Size: 8,712 Square Feet
- Dimensions: 60 x 150
Details
- Parcel number: 060707250008
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Other
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Connected
Community & HOA
Location
- Region: Chelsea
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $71,251
- Annual tax amount: $3,353
- Date on market: 10/5/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,587/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Listed for sale | $150,000-14.3%$175/sqft |
Source:  MichRIC #26052869 Report a problem | ||
| 8/28/2026 | Listing removed | $175,000$204/sqft |
Source:  Realcomp II #81026041895 Report a problem | ||
| 8/27/2026 | Contingent | $175,000$204/sqft |
Source: MichRIC #26041895 Report a problem | ||
| 8/19/2026 | Price change | $175,000-12.5%$204/sqft |
Source: MichRIC #26041895 Report a problem | ||
| 8/12/2026 | Listed for sale | $199,900+3%$234/sqft |
Source: Realcomp II #81026041895 Report a problem | ||
| 11/1/1999 | Sold | $194,000+177.1%$227/sqft |
Source: Public Record Report a problem | ||
| 10/27/1995 | Sold | $70,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,294 -0.4% | $100,200 +1.4% |
| 2025 | $3,309 | $98,800 -2.1% |
| 2024 | -- | $100,900 +8.7% |
| 2023 | -- | $92,800 +3.3% |
| 2022 | -- | $89,800 -4% |
| 2021 | -- | $93,500 +5.8% |
| 2020 | $2,736 | $88,400 +30.6% |
| 2019 | -- | $67,700 -0.9% |
| 2018 | -- | $68,300 +5.7% |
| 2017 | -- | $64,600 +19.2% |
| 2016 | -- | $54,212 +0.3% |
| 2015 | -- | $54,050 +1.4% |
| 2014 | -- | $53,300 |
| 2013 | -- | $53,300 +1.5% |
| 2012 | -- | $52,500 -2.1% |
| 2011 | -- | $53,600 -0.4% |
| 2010 | -- | $53,800 -10.3% |
| 2009 | -- | $60,000 -10.8% |
| 2008 | -- | $67,262 +2.3% |
| 2007 | -- | $65,750 -11.7% |
| 2005 | -- | $74,500 +10% |
| 2004 | -- | $67,700 +12.8% |
| 2003 | -- | $60,000 +15.8% |
| 2002 | $2,011 +61.9% | $51,800 +10% |
| 2001 | $1,242 | $47,100 +10.6% |
| 2000 | -- | $42,600 +2.2% |
| 1999 | $806 | $41,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48118
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