NOT LISTED FOR SALE

22308 E River Rd Grosse Ile, MI 48138

Estimated Value: $790,000 - $997,492

4 Beds
5 Baths
5,837 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $650,000 $111 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,204/month

97 Days on Market

Highlights

  • Dock Facilities
  • Jetted Tub in Primary Bathroom
  • No HOA
  • River Front
  • Corner Lot
  • Covered patio or porch

About This Home

As of September 2016

HUGE PRICE REDUCTION! SELLER SAYS TO SELL this extraordinary 3 story home on the water! 4 bedrooms with 3 full baths and 2 half baths. Impressive foyer with custom wood ceiling. Gorgeous first floor master bedroom has a great view of the water with large master bath and walk in closet. This home boasts too many custom features to list including granite counters, crown moldings, recessed lighting throughout, skylight in kitchen, beautiful fireplace in family room, mesmerizing water views from three of the bedrooms, 2 furnaces, 2 central air units, newer boat dock with boat lift and two jet ski lift, sprinkling system and SO MUCH MORE. MUST SEE TO APPRECIATE! Buyer and buyer's agent to verify all information. Taxes shown includes addition parcel of land across East River Rd. No virtual agent showings. Licensed agent must physically accompany all showings.

Last Agent to Sell the Property

E. Ann Redfield

Century 21 Riverpointe License #6501141557 Listed on: 05/25/2016

Century 21 Riverpointe

Last Buyer's Agent

Judy Cemer

Century 21 Riverpointe License #6501299829

Century 21 Riverpointe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920 | Remodeled in 2011

Lot Details

  • 0.4 Acre Lot
  • River Front
  • Property fronts an easement
  • Corner Lot

Home Design

  • Block Foundation
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 5,837 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Great Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Gasco Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73020010007301

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,215

Year Built

Built in 1920 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 3 Story
  • Year Built: 1920
  • Year Renovated: 2011
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, Jetted Tub
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 16
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access)
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 5837
  • Total Sq Ft: 5837
  • Sq Ft Total Bsmt: 2060

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: DETROIT RIVER
  • Waterfront: Yes
  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Stone, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 87
  • Porch Type: Balcony, Patio, Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: River Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener
  • 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: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Ile Twp

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1872500.0000
  • Lot Features: Corner Lot, Easement
  • Lot Size Area: 0.40
  • Lot Dimensions: 86.85 X 199.59 PLUS LOT ON WATER
  • Parcel Number: 73020010007301

Rental Info

  • Deposit Amount: 400000.00

Tax Info

  • Tax Amount Summer: 6138.8500
  • Tax Amount Winter: 7075.9600
  • Total Tax: 13214.8100

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Sep 9, 2016
Sold by
Bair Clinton T
Bought by
Baydoun Amer
Seller's Agent
E. Ann Redfield
Century 21 Riverpointe
Buyer's Agent
Judy Cemer
Century 21 Riverpointe
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%
Total Days on Market
97
Current Estimated Value
$844,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,873
Avg. Annual Appreciation
3.05%
Original Mortgage
$350,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 28, 2011
Sold by
Sanford Julie E and Sanford David W
Bought by
Bair Clinton T

Purchase Details

Closed on
Oct 7, 2009
Sold by
Grp Loan Llc
Bought by
Sanford David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2008
Sold by
Bank Of America
Bought by
Grp Loan Llc

Purchase Details

Closed on
Jul 5, 2007
Sold by
Randazzo John J and Randazzo Amy
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 24, 2005
Sold by
Bender Mark and Bender Kathleen R
Bought by
Wells Fargo Bank Minnesota Na and Salomon Brothers Mortgage Securities Vii
Source: Public Records

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Range of Values:

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Sold Price
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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
Baydoun Amer $650,000 None Available
Baydoun Amer $650,000 Michigan Title Ins Agency In
Bair Clinton T $540,000 Michigan Title Insurance Age
Sanford David W $299,900 None Available
Grp Loan Llc -- E Title Agency Inc
Bank Of America Na $766,778 None Available
Wells Fargo Bank Minnesota Na $519,853 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baydoun Amer $350,000
Previous Owner Baydoun Amer $350,000
Previous Owner Sanford David W $239,200
Previous Owner Randazzo John J $740,000
Previous Owner Randazzo John $650,000
Previous Owner Randazzo John $65,000
Previous Owner Randazzo John J $680,000
Previous Owner Randazzo John $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $650,000 -13.2% $111 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
07/29/2016 07/29/16 Price Changed $749,000 -6.3% $128 / Sq Ft
05/25/2016 05/25/16 For Sale $799,000 -- $137 / 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 $5,703 $461,600 $0 $0
2023 $6,523 $394,800 $0 $0
2022 $15,181 $369,500 $0 $0
2021 $14,522 $353,500 $0 $0
2019 $14,402 $318,900 $0 $0
2018 $6,485 $326,100 $0 $0
2017 $16,837 $318,600 $0 $0
2016 $13,245 $333,300 $0 $0
2015 $28,222 $283,600 $0 $0
2013 $27,340 $287,500 $0 $0
2012 $3,616 $252,000 $95,600 $156,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216051267

Realcomp

APN: 73-020-01-0007-301