NOT LISTED FOR SALE

22620 E River Rd Grosse Ile, MI 48138

Estimated Value: $568,000 - $1,029,130

4 Beds
1 Bath
2,740 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 24, 2013

Last sale price $450,000 $164 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,088/month

306 Days on Market

Highlights

  • River Front
  • Farmhouse Style Home
  • Baseboard Heating
  • 5 Acre Lot
  • Fireplace
  • 2 Car Garage

About This Home

As of June 2013

Value is in the land, note the lot size plus 30' easement on North property line and large out lot included /out building not habitable, house currently occupied but in need of major remodeling /4.53 acres that abut Grosse Ile Township property. Home also includes mother in law quarters on main floor with sunroom and handicap accessible bath /BATVIA

Last Listed By

Carol Bollo

CAROL BOLLO and ASSOC, GI License #MCAR-6502108491 Listed on: 07/03/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,978

Year Built

  • Built in 1895

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 158x125x157x1289
  • River Front

Parking

  • 2 Car Garage

Home Design

  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 73017010150000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,978

Year Built

Built in 1895

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: 1895
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: Natural Fireplace
  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 15 x 14
  • Bedroom 2: On Entry Level, Dimensions: 16 x 13
  • Bedroom 3: On Entry Level, Dimensions: 19 x 13
  • Bedroom 4: On Entry Level, Dimensions: 15 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Kitchen: On Entry Level, Dimensions: 16 x 12
  • Kitchen Features: Eat-In Kitchen
  • Living Room: On Entry Level, Dimensions: 20 x 15
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2740
  • Total Finished Sq Ft: 2740

Exterior Features

  • Exterior: Aluminum, Wood
  • Foundation: Basement, Crawl
  • Frontage: 158
  • Water Features: River Frontage, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Wall Heat, Baseboard, Boiler
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 73017010150000
  • Lot Dimensions: 158x125x157x1289
  • Acreage: 5
  • Map Side Numeric: 21
  • Map Top Alpha: v
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2011, Amount: $5,953.00
  • Winter Tax: Year: 2011, Amount: $5,899.00

MLS Schools

  • School District: Grosse Ile Township Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2012
Closed on
Jun 24, 2013
Sold by
Lorene J Carter Revocable Trust
Bought by
Bailey David and Bailey Patricia
Seller's Agent
Carol Bollo
CAROL BOLLO and ASSOC, GI
Buyer's Agent
Joyce Reedy
MBA REALTY GROUP
List Price
$450,000
Sold Price
$450,000
Total Days on Market
306
Current Estimated Value
$805,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,043
Avg. Annual Appreciation
5.35%
Original Mortgage
$330,000
Interest Rate
3.62%
Mortgage Type
Future Advance Clause Open End Mortgage

Range of Values:

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Average Value
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List Price
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
Bailey David -- Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey David $510,400
Closed Bailey David $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2013 06/24/13 Sold $450,000 0.0% $164 / Sq Ft
06/24/2013 06/24/13 Sold $450,000 0.0% $164 / Sq Ft
05/05/2013 05/05/13 Pending -- -- --
05/05/2013 05/05/13 Pending -- -- --
07/03/2012 07/03/12 For Sale $450,000 0.0% $164 / Sq Ft
03/31/2012 03/31/12 For Sale $450,000 -- $164 / 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 $6,978 $482,100 $0 $0
2023 $7,981 $437,300 $0 $0
2022 $18,714 $419,600 $0 $0
2021 $17,952 $415,900 $0 $0
2019 $18,539 $410,500 $0 $0
2018 $7,979 $401,200 $0 $0
2017 $20,937 $397,600 $0 $0
2016 $18,549 $398,100 $0 $0
2015 $39,500 $395,000 $0 $0
2013 $30,539 $399,300 $0 $0
2012 $5,953 $389,800 $288,700 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31109720

Michigan Multiple Listing Service

APN: 73-017-01-0150-000