$950,000
SOLD JUL 7, 2014

26055 E River Rd Grosse Ile, MI 48138

4 Beds
5 Baths
3,519 Sq Ft
2.51 Acres

Recently Sold

$270 Per Sq Ft

14% Below List Price

80 Days on Market

Highlights

  • Lake Front
  • 2.51 Acre Lot
  • Ranch Style House
  • Dock Facilities
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of November 2015

One of Grosse Ile's finest estates, over 157 feet of water frontage, huge boathouse, professionally landscaped with putting green, 5 car garage. Home remodeled with 4 bedrooms, 5 full bathrooms, newer kitchen, cherry office with coffered ceiling, custom cherry cabinets & fireplace in living room, family room with panoramic view of river overlooking wrap around slate patio. HW floors & Travertine thru-out. M. bedroom w/fp and office. Unbelievable.

Last Agent to Sell the Property

Carol Bollo

Carol Bollo & Assoc-Grosse Ile License #6501090792 Listed on: 04/11/2014

Last Buyer's Agent

Renee Kaiser

Carol Bollo & Assoc-Grosse Ile License #RCO-6501330936

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1956

Lot Details

  • 2.51 Acre Lot
  • Lot Dimensions are 157x695
  • Lake Front
  • River Front

Parking

  • 5 Car Attached Garage

Home Design

  • Ranch Style House
  • Poured Concrete

Interior Spaces

  • 3,519 Sq Ft Home
  • Living Room with Fireplace
  • Water Views
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Full Bathrooms

Outdoor Features

  • Dock Facilities

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 73046010443001

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,470

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room, Primary Bedroom
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Microwave, Range/Stove
  • Sq Ft Combined: 3519
  • Total Sq Ft: 3519

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Basement
  • Foundation Materials: Poured
  • Frontage Feet: 157
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front, River Front

Garage/Parking

  • Garage Size: 5 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • 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: 438247.0120
  • Lot Features: Water View
  • Lot Size Area: 2.51
  • Lot Dimensions: 157X695
  • Parcel Number: 73046010443001

Tax Info

  • Tax Amount Summer: 8998.0000
  • Tax Amount Winter: 9472.0000
  • Total Tax: 18470.0000

Multi Family

  • Waterfront Features: Dock Facilities

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2019
Sold by
Chiles Robert T
Bought by
Chiles Robert T and Chiles Christine
Total Days on Market
80
Current Estimated Value
$1,226,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 15, 2015
Closed on
Nov 20, 2015
Sold by
Lundquist Karl and Estate Of Joseph Stewart
Bought by
Chiles Robert T
Seller's Agent
Brooke MacNee
MBA Realty
Buyer's Agent
Brooke MacNee
MBA Realty
List Price
$995,000
Sold Price
$759,000
Premium/Discount to List
-$236,000
-23.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$607,200
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jul 7, 2014
Sold by
The Wendy Allen Palmer Trust
Bought by
Stewart Joseph
Seller's Agent
Carol Bollo
Carol Bollo & Assoc-Grosse Ile
Buyer's Agent
Renee Kaiser
Carol Bollo & Assoc-Grosse Ile
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.11%

Purchase Details

Closed on
Jun 13, 2013
Sold by
Palmer Wendy
Bought by
The Wendy Allen Palmer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2012
Sold by
Palmer Wendy
Bought by
Palmer Wendy and The Wendy Allen Palmer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2012
Sold by
Palmer Wendy
Bought by
Palmer Wendy and The Wendy Allen Palmer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2010
Sold by
Palmer Wendy and Palmer Wendy A
Bought by
Palmer Wendy and The Wendy Allen Palmer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2010
Sold by
Palmer Wendy
Bought by
Palmer Wendy and The Wendy Allen Palmer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Palmer Ronald and Palmer Wendy A
Bought by
Palmer Wendy and The Wendy Allen Palmer Trust

Purchase Details

Closed on
Mar 25, 2002
Sold by
Palmer Ronald
Bought by
Palmer Ronald
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Personal Reps Deed $759,000 Michigan Title Ins Agency In
Warranty Deed -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 New Conventional
Closed $510,400 New Conventional
Closed $700,000 Adjustable Rate Mortgage/ARM
Closed $607,200 New Conventional
Previous Owner $665,000 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 New Conventional
Previous Owner $296,000 New Conventional
Previous Owner $306,000 New Conventional
Previous Owner $251,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $929,548 Unknown
Previous Owner $350,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $759,000 -23.7% $216 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $995,000 +4.7% $283 / Sq Ft
07/07/2014 07/07/14 Sold $950,000 -13.6% $270 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $1,100,000 -- $313 / 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 $8,112 $610,600 $0 $0
2023 $9,278 $578,600 $0 $0
2022 $21,594 $547,500 $0 $0
2021 $20,657 $501,000 $0 $0
2019 $20,486 $470,800 $0 $0
2018 $8,810 $473,000 $0 $0
2017 $22,750 $466,300 $0 $0
2016 $21,068 $467,000 $0 $0
2015 $45,830 $458,300 $0 $0
2013 $40,500 $405,000 $0 $0
2012 $9,016 $442,400 $234,000 $208,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214031473

Realcomp

APN: 73-046-01-0443-001