NOT LISTED FOR SALE

23509 W River Rd Grosse Ile, MI 48138

Estimated Value: $457,000 - $519,000

3 Beds
1 Bath
1,624 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $240,000 $148 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,798/month

3 Days on Market

Highlights

  • River Front
  • Colonial Architecture
  • Covered patio or porch
  • 0.95 Acre Lot
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2016

100 ft river frontage across from Elizabeth park. There is steps going down to river but no dock. Great opportunity to for the rehabber, flipper or builder.The house needs extensive amount of work or possibly a tear down. Not sure if it can be financed through conventional means. Nearly an acre lot that is mostly wooded in back. It does have an out building that is unsafe. Please exercise great caution when viewing the house and property.

Last Agent to Sell the Property

Anthony Felder

MBA Realty Group, Inc License #6502139072 Listed on: 05/03/2016

Last Buyer's Agent

Patrice Miller

RE/MAX Innovation License #RCO-6502370341

RE/MAX Innovation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1912

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 100.00x412.56
  • River Front

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 1,624 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Louis D Rucker Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73033010018300

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,910

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Up Access
  • Sq Ft Combined: 1624
  • Total Sq Ft: 1624
  • Sq Ft Total Bsmt: 966

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 100
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Waterfront Description: River Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • 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: 263052.6316
  • Lot Size Area: 0.95
  • Lot Dimensions: 100.00X412.56
  • Parcel Number: 73033010018300

Tax Info

  • Tax Amount Summer: 2282.0000
  • Tax Amount Winter: 2628.0000
  • Total Tax: 4910.0000

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Policelli Mark
Bought by
Mills Mark A and Mills Laura J
Total Days on Market
3
Current Estimated Value
$481,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,325
Outstanding Balance
$257,923
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$234,749

Purchase Details

Listed on
May 3, 2016
Closed on
Jun 28, 2016
Sold by
Hopkins Mitchell Laurence P and Hopkins Mitchell Anne
Bought by
Policeli Mark
Seller's Agent
Anthony Felder
MBA Realty Group, Inc
Buyer's Agent
Patrice Miller
RE/MAX Innovation
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Jun 26, 2015
Sold by
Tibai Lorraine C
Bought by
Mitchell Richard C and Mitchell Laurence P
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
Mills Mark A $303,500 First American Title Ins Co
Policeli Mark $240,000 Michigan Title Ins Agency In
Mitchell Richard C -- Attorney
Jones Greogory B -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Mark A $35,000
Open Mills Mark A $150,000
Open Mills Mark A $288,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $240,000 -4.0% $148 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $249,900 -- $154 / 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 $2,902 $233,300 $0 $0
2023 $3,320 $215,100 $0 $0
2022 $7,726 $201,500 $0 $0
2021 $7,391 $192,100 $0 $0
2019 $6,625 $146,700 $0 $0
2018 $2,812 $141,400 $0 $0
2017 $7,341 $139,100 $0 $0
2016 $7,186 $131,900 $0 $0
2015 $10,835 $126,900 $0 $0
2013 $10,497 $125,300 $0 $0
2012 $2,046 $123,100 $89,700 $33,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216042213

Realcomp

APN: 73-033-01-0018-300