NOT LISTED FOR SALE

26029 E River Rd Grosse Ile, MI 48138

Estimated Value: $1,217,000 - $1,281,071

4 Beds
3 Baths
3,966 Sq Ft
$316/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $875,000 $221 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,310/month

177 Days on Market

Highlights

  • 131 Feet of Waterfront
  • 2.06 Acre Lot
  • Tudor Architecture
  • Dock Facilities
  • Deck
  • No HOA

About This Home

As of December 2019

You’ll love this delightful 2 story Tudor with old world charm & breathtaking views of Detroit River. Extensively renovated in 2011. Boasting an open floor plan, high ceilings & abundant light. Beautiful, modern gourmet kitchen w/ farmhouse sink, granite countertops, & Omega cabinets. Wake up to a spectacular sunrise over the river. Luxurious Master suite with cathedral ceiling, 3 walk-in closets & an exercise room. Gorgeous master bath with Carrara marble countertops and floor, pedestal tub, separate shower & toilet areas. 1st floor laundry/mud room w/ granite countertops & tons of storage. Entertain your guests on the extra-large deck overlooking the river. House sits on 2 acres, with mature trees. Walk through your back yard to 2- hoist boat dock (main hoist 20,000 lbs, 2nd hoist 7000 lbs.) Whole house generator. New air conditioning system 2012. New GAF Platinum series roof installed 2014, 50-year warranty. New furnace boiler 2018. Move in ready, charming home, a must see!

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #6502334057 Listed on: 04/16/2019

Last Buyer's Agent

Amanda Carducci

River Oaks Realty Company License #RCO-6501344088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1928 | Remodeled in 2011

Lot Details

  • 2.06 Acre Lot
  • Lot Dimensions are 128.x650.00
  • 131 Feet of Waterfront
  • Lake Front

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,966 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bar Fridge
  • Ceiling Fan
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Unfinished Basement
  • Interior Basement Entry
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Deck
  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73046010442003

Community Details

Overview

  • No Home Owners Association
  • Supervisors Grosse Ile Plat No 50 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,993

Year Built

Built in 1928 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Tudor
  • Architecture Level: 2 Story
  • Year Built: 1928
  • State Equalized Value: 450600.0000
  • Year Renovated: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Central Vacuum, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room, Great Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 3966

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Detroit River
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 131.00
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Hot Water, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 461165.0485
  • Lot Size Area: 2.06
  • Lot Dimensions: 128.X650.00
  • Parcel Number: 73046010442003

Tax Info

  • Tax Amount Summer: 6107.0000
  • Tax Amount Winter: 7886.0000
  • Total Tax: 13993.0000
  • Taxable Value: 307098.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, Sea Wall

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Sterling Joshua
Bought by
Revocable Living Trust and Sterling
Current Estimated Value
$1,252,024

Purchase Details

Listed on
Apr 16, 2019
Closed on
Dec 20, 2019
Sold by
Faistenhammer Jeffrey M and Faistenhammer Kimberly K
Bought by
Sterling Joshua
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Amanda Carducci
River Oaks Realty Company
List Price
$990,000
Sold Price
$875,000
Premium/Discount to List
-$115,000
-11.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$700,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2012
Sold by
Faistenhammer Jeffrey M and Faistenhammer Kimberly K
Bought by
Faistenhammer Jeffrey M and Faistenhammer Kimberly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,050
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2011
Sold by
Faistenhammer Jeffrey M and Faistenhammer Kimberly K
Bought by
The Faistenhammer Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2011
Sold by
Faistenhammer Jeffrey and Faistenhammer Kimberly
Bought by
Trustees Of The Faistenhammer Living Tru

Purchase Details

Closed on
Nov 5, 2008
Sold by
Beddow Lawrence Raymond and Beddow Renee
Bought by
American Home Mortgage Servicing Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Revocable Living Trust -- None Listed On Document
Sterling Joshua $875,000 Michigan Title Ins Agcy Inc
Faistenhammer Jeffrey M -- Michigan Title Insurance Age
Faistenhhamer Jeffrey M -- Michigan Title Insurance Age
The Faistenhammer Living Trust -- Michigan Title Insurance Age
Faistenhammer Jeffrey M -- None Available
Trustees Of The Faistenhammer Living Tru -- None Available
American Home Mortgage Servicing Inc $510,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sterling Joshua $700,000
Previous Owner Faistenhhamer Jeffrey M $395,050
Previous Owner Faistenhammer Jeffrey M $401,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $875,000 -7.9% $221 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $950,000 -4.0% $240 / Sq Ft
04/16/2019 04/16/19 For Sale $990,000 -- $250 / 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
2025 $9,242 $624,100 $0 $0
2024 $8,996 $631,300 $0 $0
2023 $10,290 $597,200 $0 $0
2022 $22,504 $539,800 $0 $0
2021 $21,280 $487,100 $0 $0
2019 $14,202 $448,300 $0 $0
2018 $6,107 $450,600 $0 $0
2017 $15,772 $444,400 $0 $0
2016 $13,957 $445,100 $0 $0
2015 $29,721 $411,700 $0 $0
2013 $28,792 $404,100 $0 $0
2012 $8,272 $392,300 $201,700 $190,600
Source: Public Records

Agents Affiliated with this Home

  • Jeffry Kermath

    Seller's Agent in 2019

    Jeffry Kermath

    Kermath Realty LLC

    (734) 649-4903

    3 in this area

    621 Total Sales

    Jeffry Kermath
    Section Image
  • Amanda Carducci

    Buyer's Agent in 2019

    Amanda Carducci

    River Oaks Realty Company

    (734) 341-2669

    10 in this area

    47 Total Sales

    Amanda Carducci
    Section Image
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Map

Source: Realcomp

MLS Number: 219022122

Realcomp

APN: 73-046-01-0442-003

Michigan Wayne County Grosse Ile Township

26029 E River Rd, Grosse Ile Township, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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