$450,000
SOLD JUL 15, 2015

20416 E River Rd Grosse Ile, MI 48138

3 Beds
3 Baths
3,216 Sq Ft
0.71 Acres

Recently Sold

$140 Per Sq Ft

2% Below List Price

Highlights

  • Lake Front
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom
  • Dock Facilities
  • Contemporary Architecture
  • No HOA

About This Home

As of January 2020

Beautiful waterfront location with panoramic views from most rooms. Huge living room with wall to wall windows, corner fireplace and hardwood floors. Master bedroom with cathedral ceilings, master bathroom and corner fireplace. Huge kitchen with Granite countertops and large eating area and doorwall to deck. 1st floor laundry. Full bath on 1st floor. Front and rear foyer entryways. Open staircase. Beautiful docks with 2 boat hoists. (45,000 lb. and 30,000 lb.) 4 car attached garage.

Last Agent to Sell the Property

Carol Bollo

Carol Bollo & Assoc-Grosse Ile License #6501090792 Listed on: 07/09/2015

Last Buyer's Agent

Carol Bollo

Carol Bollo & Assoc-Grosse Ile License #6501090792 Listed on: 07/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 69.92x440.00
  • Lake Front
  • River Front

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,216 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Living Room with Fireplace
  • Water Views
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 73012010055000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,962

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 1957
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Central Vacuum, Humidifier, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room, Primary Bedroom
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Microwave
  • Sq Ft Combined: 4816
  • Sq Ft Lower Floor: 1600
  • 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: Poured
  • Frontage Feet: 70
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front, River Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Ile Twp

Lot Info

  • Homestead: Yes
  • List Price per Acre: 647746.4789
  • Lot Features: Water View
  • Lot Size Area: 0.71
  • Lot Dimensions: 69.92X440.00
  • Parcel Number: 73012010055000

Tax Info

  • Tax Amount Summer: 4978.0000
  • Tax Amount Winter: 5984.0000
  • Total Tax: 10962.0000

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
0
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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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Land Contract -- Title One Inc
Warranty Deed -- Michigan Title Insurance Age
Warranty Deed $550,000 Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $648,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $422,100 New Conventional
Previous Owner $338,000 Credit Line Revolving
Previous Owner $275,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
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: 215071777

Realcomp

APN: 73-012-01-0055-000