NOT LISTED FOR SALE

20416 E River Rd Grosse Ile, MI 48138

Estimated Value: $742,000 - $845,000

4 Beds
3.5 Baths
3,216 Sq Ft
$248/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $750,000 $233 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,688/month

52 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • Dock Facilities
  • Contemporary Architecture
  • Jetted Tub in Primary Bathroom

About This Home

As of January 2020

Completely redone home in 2017-2018. New Gourmet kitchen with top of the line appliances including; 48"-8 burner gas Viking range with 2 electric ovens, french door ref., drawer ref., wine ref., beverage. ref., 2 dishwashers, drawer microwave, commercial type vented hood above stove with motor in garage attic to keep the noise down. Bar area and eating area in kitchen. Also eating area with bar stools on island. All solid 3/4' hardwood floors throughout. New stairway and railings to upstairs. Front and back 2 story foyers. 1st floor 4th bedroom used as office. Gas fireplace in living room. Natural fireplace in master bedroom. Master bedroom suite with walk in closet. Unique half bath and full bath with double sinks and huge shower and soaking tub. 2 bedrooms with jack and jill bathroom. Great docks and hoists for multiple boats. River fed sprinkler system for both front and back yards. Partially finished basement with full bathroom. 2 furnaces and 2 central airs. Agent is owner.

Last Agent to Sell the Property

Brian Pearson

Carol Bollo & Assoc-Grosse Ile License #6501235224 Listed on: 10/14/2019

Last Buyer's Agent

Brooke MacNee

MBA Realty License #6501203046

MBA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957 | Remodeled in 2017

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 69.92x440.00
  • 70 Feet of Waterfront
  • Lake Front
  • River Front
  • Sprinkler System
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Water Views
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Double Oven
  • Free-Standing Electric Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Patio

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73012010055000

Community Details

Overview

  • No Home Owners Association
  • Supervisors Grosse Ile Sub No 5 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,056

Year Built

Built in 1957 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1957
  • State Equalized Value: 240700.0000
  • Year Renovated: 2017
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Living Room, Primary Bedroom
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Dryer, Microwave, Double Oven, Free-Standing Electric Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer, Wine Refrigerator
  • Sq Ft Combined: 3716
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 3216
  • Sq Ft Total Bsmt: 1600

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Detroit River to Lake Erie
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 70
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Water Frontage Feet: 70.00
  • Waterfront Description: Lake Front, River Front, Water Front

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Ile Twp

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1119718.3099
  • Lot Features: Water View, Sprinkler(s), Wooded
  • Lot Size Area: 0.71
  • Lot Dimensions: 69.92X440.00
  • Parcel Number: 73012010055000

Tax Info

  • Tax Amount Summer: 4627.0000
  • Tax Amount Winter: 6429.0000
  • Total Tax: 11056.0000
  • Taxable Value: 240700.0000

Multi Family

  • Waterfront Features: Dock Facilities, Sea Wall

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Jan 21, 2020
Sold by
Pearson Brian
Bought by
Formentin John A and Formentin Kim S
Seller's Agent
Brian Pearson
Carol Bollo & Assoc-Grosse Ile
Buyer's Agent
Brooke MacNee
MBA Realty
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Total Days on Market
52
Current Estimated Value
$798,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,319
Avg. Annual Appreciation
1.17%

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jul 15, 2015
Sold by
Monroe Bank & Trust
Bought by
Pearson Brian
Seller's Agent
Carol Bollo
Carol Bollo & Assoc-Grosse Ile
Buyer's Agent
Carol Bollo
Carol Bollo & Assoc-Grosse Ile
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
May 3, 2014
Sold by
Swidan Rania
Bought by
Monroe Bank & Trust and The Joseph S Daly Sep

Purchase Details

Closed on
May 2, 2014
Sold by
Bogat John D and Bogat Sandra C
Bought by
Swidan Rania
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Formentin John A -- None Available
Pearson Brian -- None Available
Pearson Brian -- Title One Inc
Monroe Bank & Trust -- Michigan Title Insurance Age
Swidan Rania $550,000 Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forementin John A $648,000
Previous Owner Pearson Brian $100,000
Previous Owner Pearson Brian $422,100
Previous Owner Bogatay John D $338,000
Previous Owner Bogatay John D $275,000
Previous Owner Bogatay John D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $750,000 -5.7% $233 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $795,000 +76.7% $247 / Sq Ft
07/15/2015 07/15/15 Sold $450,000 -2.2% $140 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $459,900 -- $143 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,422 $390,700 $0 $0
2023 $5,740 $342,700 $0 $0
2022 $11,965 $272,700 $0 $0
2021 $11,446 $259,700 $0 $0
2019 $10,870 $240,700 $0 $0
2018 $4,900 $246,400 $0 $0
2017 $12,676 $241,800 $0 $0
2016 $11,218 $242,200 $0 $0
2015 $25,200 $252,000 $0 $0
2013 $24,160 $249,400 $0 $0
2012 $5,014 $236,800 $97,600 $139,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219105778

Realcomp

APN: 73-012-01-0055-000