$342,500
SOLD OCT 3, 2024

242 Edgewater Ave Algonac, MI 48001

2 Beds
2 Baths
1,373 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

14% Below List Price

59 Days on Market

Highlights

  • Boat Facilities
  • Ranch Style House
  • Eat-In Kitchen
  • River Front
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of October 2024

New Price! Cute waterfront home will make the perfect getaway cottage or year round home Solid brick ranch on the North Channel and walking distance to downtown Algonac and the boardwalk. Spacious carpeted living room with gas fireplace and large picture window over looking the channel. Updated kitchen and dining area with lots of granite counters, island, cabinets, overhead lighting and wood laminate flooring. Lots of built-ins throughout the home. The 12'x7' heated seasonal room off the kitchen is perfect for relaxing and enjoying the view of the water. The 1st bedroom is carpeted with double closets along with 2 smaller closets and ceiling fan. The 2nd bedroom is also carpeted with a double closet and ceiling fan. The larger updated bathroom with tub has quartz counters, cabinets, overhead lights and still has the original bath and floor tiles which blend in very nicely with the updated cabinets and counters. Laundry room has lots of cabinets and is home to the furnace and hwt. Also the 2nd bath with stand up shower is also part of the laundry room. Spacious trex decking deck over looks the channel and Russell Island and has a newer 5000 lb boat hoist. Newer sea wall. The extra deep 1 car garage has a large 16'x14' office or work shop or makes the perfect mancave. All appliances are included. Some newer windows. Home has a sprinkler and alarm system. Waterfront living at its best!!

Last Agent to Sell the Property

Jerry Fennell

Real Estate One Chesterfield License #MISPE-6501315834 Listed on: 06/28/2024

Real Estate One Chesterfield

Last Buyer's Agent

Keri Sorenson

National Realty Centers, Inc License #6501364767

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 52x124
  • River Front

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,373 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Side Facing Garage

Outdoor Features

  • Seawall
  • Boat Facilities

Utilities

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

Community Details

  • Point Du Chene Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-159-0001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,468

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1940
  • Mail City: Algonac
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 11
  • Bedroom 2: On 1st Floor, Dimensions: 12 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 7, On Level: First
  • Bathroom 2: Dimensions: 5 x 4, On Level: First
  • Room Types: First Floor Bedroom, First Floor Laundry, First Flr Lavatory, First Flr Full Bathroom, Eat-In Kitchen
  • Kitchen: On 1st Floor, Dimensions: 19 x 14
  • Laundry: On 1st Floor, Dimensions: 15 x 9
  • Living Room: On 1st Floor, Dimensions: 23 x 13
  • Sun Room: On 1st Floor, Dimensions: 12 x 7
  • Above Grade Finished Sq Ft: 1373
  • Total Finished Sq Ft: 1373

Exterior Features

  • Exterior: Brick
  • Foundation: Crawl
  • Frontage: 52
  • Water Features: Boat Facility, River Frontage, Sea Wall, Water View, Waterfront
  • Waterfront: Yes
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Side Loading Garage
  • Garage Spaces: 1
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 01-159-0001-000
  • Zoning: Residential
  • Lot Dimensions: 52x124
  • Acreage: 0.15
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $4,039.00
  • Winter Tax: Year: 2023, Amount: $429.00
  • Total Tax: Year: 2023, Amount: $4,468.00

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Oct 2, 2024
Sold by
Oddo Barbara A and Oddo William S
Bought by
Ullmann Renee
Seller's Agent
Jerry Fennell
Real Estate One Chesterfield
Buyer's Agent
Keri Sorenson
National Realty Centers, Inc
List Price
$397,000
Sold Price
$342,500
Premium/Discount to List
-$54,500
-13.73%
Views
102
Current Estimated Value
$340,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,975
Avg. Annual Appreciation
1.05%
Original Mortgage
$274,000
Outstanding Balance
$272,405
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$72,655

Purchase Details

Closed on
Mar 7, 2024
Sold by
Oddo William E and Oddo Barbara A
Bought by
Oddo William S and Oddo Robert A
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 $342,500 Devon Title Agency
Warranty Deed $342,500 Devon Title Agency
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $274,000 New Conventional
Closed $274,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $342,500 -8.7% $249 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $375,000 -5.5% $273 / Sq Ft
07/22/2024 07/22/24 For Sale $397,000 0.0% $289 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $397,000 -- $289 / 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 $4,331 $177,200 $0 $0
2023 $4,039 $151,100 $0 $0
2022 $4,280 $134,000 $0 $0
2021 $4,091 $128,200 $0 $0
2020 $4,094 $126,600 $52,300 $74,300
2019 $4,042 $127,300 $0 $0
2018 $3,965 $117,100 $0 $0
2017 $3,738 $107,700 $0 $0
2016 $3,442 $107,700 $0 $0
2015 -- $103,800 $51,000 $52,800
2014 -- $99,500 $51,000 $48,500
2013 -- $91,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50146947

Michigan Multiple Listing Service

APN: 01-159-0001-000