$450,000
SOLD JUN 24, 2013

22620 E River Rd Grosse Ile, MI 48138

4 Beds
3.5 Baths
2,740 Sq Ft
5 Acres

Recently Sold

$164 Per Sq Ft

400 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Baseboard Heating
  • Farmhouse Style Home
  • 2 Car Attached 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 Agent to Sell the Property

Carol Bollo

Carol Bollo & Assoc-Grosse Ile License #6501090792 Listed on: 03/31/2012

Last Buyer's Agent

Joyce Reedy

River Oaks Realty License #6501325517

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • Lot Dimensions are 158x1252x157x1289
  • Lake Front
  • River Front

Parking

  • 2 Car Attached Garage

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Water Views
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Supervisors Grosse Ile Plat No 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73017010150000

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Farmhouse
  • Architecture Level: 2 Story
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 2740
  • Total Sq Ft: 2740

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Frontage Feet: 158
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front, River Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Ile Twp

Lot Info

  • Homestead: Yes
  • Lot Features: Water View
  • Lot Dimensions: 158X1252X157X1289
  • Parcel Number: 73017010150000

Tax Info

  • Tax Amount Summer: 5953.0000
  • Tax Amount Winter: 5899.0000
  • Total Tax: 11852.0000

MLS Schools

  • School District: Grosse Ile Twp

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
400
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
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 -- Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 New Conventional
Closed $330,000 Future Advance Clause Open End Mortgage
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: 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 $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: Realcomp

MLS Number: 212032965

Realcomp

APN: 73-017-01-0150-000