NOT LISTED FOR SALE

21838 E River Rd Grosse Ile, MI 48138

Estimated Value: $706,000 - $918,000

4 Beds
2 Baths
2,975 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 24, 2013

Last sale price $400,000 $134 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,534/month

75 Days on Market

Highlights

  • River Front
  • Island Location
  • Farmhouse Style Home
  • 1.27 Acre Lot
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2013

Over an acre with 140 feet on the open water. Watch the freighters go by. Ginormous rooms with lovely details throughout including a California driftrock fireplace, oak planked ceilings, glass tile vanity, built-in bar, 1st floor laundry. 3 car garage has plenty of room for the toys. Front porch is now an additional room. Electrical updated, barn wood floors installed and more! Seller will finish the projects.

Last Agent to Sell the Property

Joyce Reedy

MBA REALTY GROUP License #MCAR-6501325517 Listed on: 03/06/2013

Last Buyer's Agent

Joyce Reedy

MBA REALTY GROUP License #MCAR-6501325517 Listed on: 03/06/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1930

Lot Details

  • 1.27 Acre Lot
  • Lot Dimensions are 140 x 396 x 139 x 398
  • River Front

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 2,975 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Den
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Location

  • Island Location

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 73023010486000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,862

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Originating MLS: Monroe County Association
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Farm House
  • Structure Style: 2 Story
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors, Spa/Jetted Tub
  • Appliances: Dishwasher, Disposal, Range/Oven
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 18 x 13
  • Bedroom 2: On Upper Floor, Dimensions: 18 x 9
  • Bedroom 3: On Upper Floor, Dimensions: 15 x 12
  • Bedroom 4: On Upper Floor, Dimensions: 14 x 10
  • Bathrooms Description: First Flr Lavatory, MstrBdrm Full Bathroom, Second Flr Lavatory
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: Den/Study/Lib, First Floor Laundry, Living Room
  • Dining Room: On Entry Level, Dimensions: 16 x 14
  • Kitchen: On Entry Level, Dimensions: 16 x 16
  • Kitchen Features: Formal Dining Room
  • Living Room: On Entry Level, Dimensions: 31 x 16
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2975
  • Total Finished Sq Ft: 2975

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Porch
  • Foundation: Basement
  • Road: Paved Street
  • Water Features: Island, River Frontage, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: Community
  • Water: Community
  • Water Heater: Gas
  • Cooling: Central A/C, Attic Fan

Lot Info

  • Assessor Parcel Number: 73023010486000
  • Zoning: Residential
  • Lot Dimensions: 140 X 396 X 139 X 398
  • Acreage: 1.27
  • Map Side Numeric: 21
  • Map Top Alpha: W
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $5,655.00
  • Winter Tax: Amount: $6,374.00

MLS Schools

  • School District: Grosse Ile Township Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2013
Closed on
Jun 24, 2013
Sold by
Bailey Daid and Bailey Patricia
Bought by
Jacobs Merritt B and Jacobs Joan M
Seller's Agent
Joyce Reedy
MBA REALTY GROUP
Buyer's Agent
Joyce Reedy
MBA REALTY GROUP
List Price
$439,000
Sold Price
$400,000
Premium/Discount to List
-$39,000
-8.88%
Total Days on Market
75
Current Estimated Value
$778,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,021
Avg. Annual Appreciation
5.73%
Original Mortgage
$320,000
Outstanding Balance
$233,501
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$544,520

Purchase Details

Listed on
Nov 28, 2011
Closed on
Sep 10, 2012
Sold by
Karrar Jeffrey and Karrar Sherel
Bought by
Bailey David and Bailey Patricia
Seller's Agent
Joyce Reedy
River Oaks Realty
Buyer's Agent
Joyce Reedy
River Oaks Realty
List Price
$429,000
Sold Price
$377,500
Premium/Discount to List
-$51,500
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$281,250
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 16, 2009
Sold by
Davies John L
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 3, 2008
Sold by
Davies John L
Bought by
Davies John L and John L Davies Trust

Purchase Details

Closed on
May 27, 2003
Sold by
Grommon Richard F
Bought by
Davies John L
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 Buyer Sale Price Title Company
Jacobs Merritt B $400,000 Michigan Title Insurance Age
Bailey David $377,500 Michigan Title Insurance Age
The Bank Of New York Mellon $337,272 None Available
Davies John L -- None Available
Davies John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Merritt B $320,000
Previous Owner Bailey David $281,250
Previous Owner Karrar Jeffrey $246,400
Previous Owner Davies John L $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2013 06/24/13 Sold $400,000 -8.9% $134 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $439,000 +16.3% $148 / Sq Ft
09/10/2012 09/10/12 Sold $377,500 -12.0% $140 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $429,000 -- $159 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,862 $366,900 $0 $0
2023 $5,561 $352,500 $0 $0
2022 $12,896 $315,300 $0 $0
2021 $12,336 $292,000 $0 $0
2019 $11,742 $260,000 $0 $0
2018 $5,672 $285,200 $0 $0
2017 $14,881 $282,100 $0 $0
2016 $13,175 $282,700 $0 $0
2015 $28,310 $283,100 $0 $0
2013 $27,710 $283,400 $0 $0
2012 $5,713 $272,300 $189,200 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31138889

Michigan Multiple Listing Service

APN: 73-023-01-0486-000