Seller's Agent in 2024
Drew Cheetwood
Social House Real Estate Group LLC
(248) 828-5640
4 in this area
104 Total Sales
24850 E River Rd Grosse Ile, MI 48138
Estimated Value: $851,228 - $989,000
4
Beds
4
Baths
5,380
Sq Ft
$172/Sq Ft
Est. Value
Highlights
- 161 Feet of Waterfront
- 1.07 Acre Lot
- Corner Lot
- Built-In Refrigerator
- Gothic Architecture
- No HOA
About This Home
As of January 2024Legend had it there was a Governor's Gala event here in the 90's. After viewing the home myself I'm not sure why H.W. Bush didn't require the secret service to do the same. This historical home is simply stunning! There is no shortage of charm, class or coziness with this one. They don't build them like this anymore. The first stone house built on Grosse Ile (1860) and designed by famed architect, Gordon Lloyd, is anchored with the thickest of stone walls. The location doesn't get better! Located in the East River historic district on a corner lot with just over an acre of lush grass with privacy provided by sturdy trees, shrubbery and the river front across the street. Great care and attention was made to restore the home but also keep the radiance of yesteryear. Lloyd was ahead of his time in constructing this handsome home. Gray stone, with pointed gables and tall chimneys are remarkable. The architecture in each room will actually have you enjoying watching paint dry (if you decide to paint?). The Green Giant is welcome with rooms that are large and high-ceilinged. A grandiose conservatory of almost all glass was added in 2001 to allow for a spacious area to enjoy stunning views of the Detroit River. The open concept kitchen has been completely updated with a center island, granite counters and stainless steel appliances. The formal dining room is a triple threat as you'll be enjoying company, a delicious dinner and picturesque water front views. The home has 3 fireplaces, 2 stair cases and 1 unforgettable vibe. Another kitchen has been added to the 2 car attached garage. Bonus space comes in the form of the detached garage in the back of the property. Exit through the living room door or the convenient Bilco basement doors to get to the private patio in back. You may feel like meditation is in order as the soothing waterfall pond greets you as you enter the home from the side porch. Come see this historical legend in all it's class & beauty today!
Last Agent to Sell the Property
Social House Real Estate Group LLC License #6501399470 Listed on: 07/25/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1860
Lot Details
- 1.07 Acre Lot
- Lot Dimensions are 158x276x155x299
- 161 Feet of Waterfront
- Lake Front
- River Front
- Corner Lot
Parking
- 2 Car Attached Garage
Home Design
- Gothic Architecture
- Stone Foundation
- Stone Siding
Interior Spaces
- 5,380 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Library with Fireplace
- Water Views
- Unfinished Basement
Kitchen
- Double Oven
- Electric Cooktop
- Microwave
- Built-In Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Covered Patio or Porch
- Exterior Lighting
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 73027020113001
Community Details
Overview
- No Home Owners Association
- Supervisors Grosse Ile Sub No 7 Subdivision
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2023
Closed on
Jan 29, 2024
Sold by
Bologna Linda and Bologna Robert J
Bought by
Engelbrecht Asma and Engelbrecht Marc A
Seller's Agent
Drew Cheetwood
Social House Real Estate Group LLC
Buyer's Agent
Kimberly Nagy Street
KW Domain
List Price
$949,000
Sold Price
$810,000
Premium/Discount to List
-$139,000
-14.65%
Views
595
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,409
Avg. Annual Appreciation
7.09%
Original Mortgage
$648,000
Outstanding Balance
$636,548
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$287,861
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Engelbrecht Asma | $810,000 | First American Title | |
| Engelbrecht Asma | $810,000 | First American Title | |
| Engelbrecht Asma | $810,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Engelbrecht Asma | $648,000 | |
| Closed | Engelbrecht Asma | $648,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2024 01/30/24 | Sold | $810,000 | -4.6% | $151 / Sq Ft |
| 11/30/2023 11/30/23 | Pending | -- | -- | -- |
| 09/13/2023 09/13/23 | Price Changed | $849,000 | -5.7% | $158 / Sq Ft |
| 08/22/2023 08/22/23 | Price Changed | $900,000 | -5.2% | $167 / Sq Ft |
| 07/25/2023 07/25/23 | For Sale | $949,000 | -- | $176 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $6,511 | $430,000 | $0 | $0 |
| 2024 | $5,406 | $574,000 | $0 | $0 |
| 2023 | $6,184 | $553,000 | $0 | $0 |
| 2022 | $14,392 | $525,800 | $0 | $0 |
| 2021 | $13,767 | $500,200 | $0 | $0 |
| 2019 | $13,654 | $458,500 | $0 | $0 |
| 2018 | $5,872 | $480,700 | $0 | $0 |
| 2017 | $15,163 | $471,600 | $0 | $0 |
| 2016 | $13,418 | $472,500 | $0 | $0 |
| 2015 | $28,573 | $471,900 | $0 | $0 |
| 2013 | $27,681 | $317,300 | $0 | $0 |
| 2012 | $5,396 | $310,000 | $198,000 | $112,000 |
Source: Public Records
Agents Affiliated with this Home
-
Drew Cheetwood
-
Kimberly Nagy Street
Buyer's Agent in 2024
Kimberly Nagy Street
KW Domain
(248) 459-0445
1 in this area
305 Total Sales
-
R
Buyer's Agent in 2024
Rick Darling
Century 21 Achievers
-
Nicole Nagy
Buyer Co-Listing Agent in 2024
Nicole Nagy
EXP Realty Nagy Group
(313) 410-8446
1 in this area
63 Total Sales
Map
Source: Realcomp
MLS Number: 20230059954
APN: 73-027-02-0113-001
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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