NOT LISTED FOR SALE

25429 7th St Grosse Ile, MI 48138

Estimated Value: $87,000 - $193,000

2 Beds
1 Bath
759 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $48,000 $63 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $712/month

17 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit
  • Porch

About This Home

As of December 2019

This 2 bed ranch style home located in Grosse Ile. Cozy home with large lot, and great floor plan. Property has great potential for investment or owner occupant.

Last Agent to Sell the Property

Reginald Perryman

KW Metro License #6502323480 Listed on: 10/14/2019

KW Metro

Last Buyer's Agent

Kay McMahon

RE/MAX Innovation License #6501175900

RE/MAX Innovation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00x150.00

Home Design

  • 759 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Additional Features

  • Porch
  • Ground Level Unit
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Hosie Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73053010061000

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1925
  • State Equalized Value: 27000.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 759
  • Total Sq Ft: 759
  • Sq Ft Total Bsmt: 605

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street, 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: 392857.1429
  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00X150.00
  • Parcel Number: 73053010061000

Tax Info

  • Tax Amount Summer: 430.0000
  • Tax Amount Winter: 564.0000
  • Total Tax: 994.0000
  • Taxable Value: 21623.0000

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Dec 16, 2019
Sold by
Kelems Timothy
Bought by
Timnancity Llc
Seller's Agent
Reginald Perryman
KW Metro
Buyer's Agent
Kay McMahon
RE/MAX Innovation
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%
Total Days on Market
17
Current Estimated Value
$122,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,328
Avg. Annual Appreciation
18.69%

Purchase Details

Listed on
Oct 14, 2019
Closed on
Dec 10, 2019
Sold by
Walsworth Terence Richard
Bought by
Kelems Timothy
Seller's Agent
Reginald Perryman
KW Metro
Buyer's Agent
Kay McMahon
RE/MAX Innovation
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jul 17, 2018
Sold by
Wells Fargo Bank N A
Bought by
Walsworth Terence Richard
Seller's Agent
Logan Farrer
Realhome Services and Solutions Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$58,900
Sold Price
$48,000
Premium/Discount to List
-$10,900
-18.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Dec 7, 2017
Sold by
Pelland Doris M
Bought by
Wells Fargo Bank and Lehman Mortgage Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Timnancity Llc -- None Available
Kelems Timothy $48,000 First American Title
Walsworth Terence Richard $48,000 Premium Title Svcs Inc
Wells Fargo Bank $58,182 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pellano Doris M $63,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $48,000 -12.7% $63 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $55,000 +14.6% $72 / Sq Ft
07/23/2018 07/23/18 Sold $48,000 0.0% $60 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
07/01/2018 07/01/18 Off Market $48,000 -- --
06/15/2018 06/15/18 Price Changed $48,900 -17.0% $61 / Sq Ft
06/13/2018 06/13/18 For Sale $58,900 +22.7% $74 / Sq Ft
06/12/2018 06/12/18 Off Market $48,000 -- --
05/15/2018 05/15/18 Price Changed $58,900 -14.5% $74 / Sq Ft
04/16/2018 04/16/18 For Sale $68,900 -- $86 / 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 $753 $35,200 $0 $0
2023 $807 $31,900 $0 $0
2022 $1,768 $30,000 $0 $0
2021 $1,694 $27,700 $0 $0
2019 $1,237 $27,400 $0 $0
2018 $430 $27,000 $0 $0
2017 $4,677 $26,300 $0 $0
2016 $2,052 $23,900 $0 $0
2015 $2,093 $22,100 $0 $0
2013 $2,050 $21,300 $0 $0
2012 $443 $20,600 $7,600 $13,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219105575

Realcomp

APN: 73-053-01-0061-000