$1,100,000
SOLD NOV 1, 2021

26505 E River Rd Grosse Ile, MI 48138

4 Beds
5 Baths
4,136 Sq Ft
4.24 Acres

Recently Sold

$266 Per Sq Ft

27% Below List Price

178 Days on Market

Highlights

  • 173 Feet of Waterfront
  • 4.24 Acre Lot
  • Ground Level Unit
  • Dock Facilities
  • Colonial Architecture
  • Wine Refrigerator

About This Home

As of November 2021

3 story colonial sitting on one of Grosse Ile’s prime lots with over 4 acres and exceptional views of both the Detroit River and Lake Erie. Gourmet kitchen has custom cabinetry, top of the line Sub-Zero refrigerator, Wolf gas range and double ovens and attached breakfast room with fireplace and doors opening up to a beautiful back porch with pergola stretching across the entire length of the home. Connected dining room and living room includes double sided fireplace that is shared with a sun room surrounded by windows. This home includes 4 bedrooms, 3 full and 2 half baths, library and finished bonus room that makes for a perfect home gym. Tons of windows throughout making for water views no matter where you are in the home. Outside you’ll find a top of the line covered boat well, hoist, jet ski lifts, water & electricity. At the front, new concrete driveway leading to a 5.5 car garage with doors opening to the back.

Last Agent to Sell the Property

Kimberly Draper

River Oaks Realty License #6501413270 Listed on: 03/19/2021

Last Buyer's Agent

Anthony Bragadin

Carol Bollo & Assoc-Grosse Ile License #6501406871

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921 | Remodeled in 2000

Lot Details

  • 4.24 Acre Lot
  • Lot Dimensions are 173.30x1065.80
  • 173 Feet of Waterfront
  • River Front

Parking

  • 5 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4,136 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Built-In Gas Range
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Dock Facilities
  • Covered patio or porch

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating 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 73046010450000

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,978

Year Built

Built in 1921 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1921
  • State Equalized Value: 490200.0000
  • Year Renovated: 2000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Family Room, Living Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Built-In Gas Range, Dishwasher, Disposal, Dryer, Microwave, Washer, Wine Refrigerator, Bar Fridge
  • Sq Ft Combined: 5336
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 4136
  • Sq Ft Total Bsmt: 1568

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Detroit River and Lake Erie
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 173
  • Porch Type: Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 173.00
  • Waterfront Description: River Front, Water Front

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Hot Water
  • 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: 329952.8300
  • Lot Size Area: 4.24
  • Lot Dimensions: 173.30X1065.80
  • Parcel Number: 73046010450000

Tax Info

  • Tax Amount Summer: 9377.0000
  • Tax Amount Winter: 12601.0000
  • Total Tax: 21978.0000
  • Taxable Value: 487082.0000

Multi Family

  • Waterfront Features: Dock Facilities, Sea Wall

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Nov 1, 2021
Sold by
Oak Wyandotte Llc
Bought by
Daly Joseph Martin
Seller's Agent
Kimberly Draper
River Oaks Realty
Buyer's Agent
Anthony Bragadin
Carol Bollo & Assoc-Grosse Ile
List Price
$1,499,000
Sold Price
$1,100,000
Premium/Discount to List
-$399,000
-26.62%
Current Estimated Value
$1,478,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,634
Avg. Annual Appreciation
6.92%
Original Mortgage
$1,500,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2013
Closed on
Jun 3, 2013
Sold by
Malone Thomas A and Malone Megan
Bought by
Hanchon Stephen M
Seller's Agent
Carol Bollo
Carol Bollo & Assoc-Grosse Ile
Buyer's Agent
Carol Bollo
Carol Bollo & Assoc-Grosse Ile
List Price
$979,900
Sold Price
$900,000
Premium/Discount to List
-$79,900
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$640,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2008
Sold by
Malone Marianne M
Bought by
Malone Thomas A

Purchase Details

Closed on
Jun 19, 2001
Sold by
Paisley Dianne M
Bought by
Malone Marianne M
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
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,100,000 Michigan Title Ins Agcy Inc
Warranty Deed -- Michigan Title Insurance Age
Interfamily Deed Transfer -- Michigan Title Insurance Age
Deed $1,600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $640,000 New Conventional
Previous Owner $647,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $1,100,000 -21.4% $266 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $1,399,000 -3.5% $338 / Sq Ft
05/10/2021 05/10/21 Price Changed $1,449,000 -3.3% $350 / Sq Ft
03/19/2021 03/19/21 For Sale $1,499,000 +66.6% $362 / Sq Ft
06/03/2013 06/03/13 Sold $900,000 0.0% $205 / Sq Ft
06/03/2013 06/03/13 Sold $900,000 -8.2% $205 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
05/17/2013 05/17/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $979,900 0.0% $223 / Sq Ft
04/08/2013 04/08/13 For Sale $979,900 -- $223 / 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 $10,735 $706,400 $0 $0
2023 $10,513 $576,000 $0 $0
2022 $24,713 $554,100 $0 $0
2021 $21,767 $502,200 $0 $0
2019 $21,588 $478,000 $0 $0
2018 $9,661 $485,800 $0 $0
2017 $25,327 $479,900 $0 $0
2016 $22,412 $481,200 $0 $0
2015 $48,200 $482,000 $0 $0
2013 $46,330 $468,100 $0 $0
2012 $9,588 $457,700 $293,500 $164,200
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Draper

    Seller's Agent in 2021

    Kimberly Draper

    River Oaks Realty

    (734) 249-3290

    124 in this area

    198 Total Sales

    Kimberly Draper
    Section Image

  • A

    Buyer's Agent in 2021

    Anthony Bragadin

    Carol Bollo & Assoc-Grosse Ile

    (734) 365-3305

    11 in this area

    51 Total Sales

    Anthony Bragadin
    Section Image

  • C

    Seller's Agent in 2013

    Carol Bollo

    Carol Bollo & Assoc-Grosse Ile

    (734) 552-4292

    14 in this area

    28 Total Sales

    Carol Bollo
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210017568

Realcomp

APN: 73-046-01-0450-000

Michigan Wayne County Grosse Ile Township

26505 E River Rd, Grosse Ile Township, MI

This home is located at 26505 E River Rd, Grosse Ile, MI 48138 and is currently priced at $1,100,000, approximately $265 per square foot. This property was built in 1921. 26505 E River Rd is a home located in Wayne County.

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

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