NOT LISTED FOR SALE

27115 E River Rd Grosse Ile, MI 48138

Estimated Value: $464,000 - $608,000

1.87 Acres
$281,718 Price per Acre
81,457 Sq Ft Lot

Last Sold November 09, 2021

Last sale price $403,000

Est. 31% increase in value since last sale

Current estimated payment $3,430/month

165 Days on Market

Highlights

  • 104 Feet of Waterfront
  • Dock Facilities
  • 1.87 Acre Lot

About This Lot

As of November 2021

104 ft OF PRIME WATERFRONT PROPERTY/ 1.87 ACRE DIRECT WATERFRONT COMPLETE WITH EXISTING SEAWALL AND A BOAT HOUSE SITTING HERE JUST WAITING FOR YOU TO BUILD YOUR DREAM HOME! IMAGINE WAKING UP TO THE BEAUTIFUL SUNRISES OVER THE RIVER AND THE CANADIAN SHORE OR BOARDING YOUR PLEASURE CRAFT FROM ONE OF THE FEW REMAINING BOAT HOUSE ONCE RENOVATIONS ARE COMPLETED ON IT A DEFINATE COOL BENEFIT!

Last Agent to Sell the Property

Brooke MacNee

MBA Realty License #6501203046 Listed on: 04/25/2021

MBA Realty

Last Buyer's Agent

Brooke MacNee

MBA Realty License #6501203046 Listed on: 04/25/2021

MBA Realty

Property Details

Property Type

  • Land

Year Built

  • 1931

Lot Details

  • 1.87 Acre Lot
  • Lot Dimensions are 104x780
  • 104 Feet of Waterfront
  • River Front

Listing and Financial Details

  • Assessor Parcel Number 73045010005000

Community Details

Overview

  • Lake Erie View Sub Subdivision

Recreation

  • Dock Facilities
  • Boat Facilities

Property Details

Property Type

Land

Year Built

1931

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 204000.0000
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1931

Exterior Features

  • Waterfront Name: DETROIT RIVER
  • Waterfront: Yes
  • Frontage Feet: 104
  • Road Frontage Type: Paved
  • Water Frontage Feet: 104.00
  • Waterfront Description: River Front, Water Front

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Grosse Ile Twp

Lot Info

  • List Price per Acre: 227272.7200
  • Lot Size Area: 1.87
  • Lot Dimensions: 104X780
  • Parcel Number: 73045010005000
  • Zoning: Residential

Rental Info

  • Deposit Amount: 100000.00

Tax Info

  • Tax Amount Summer: 5780.0000
  • Tax Amount Winter: 6936.0000
  • Total Tax: 12716.0000
  • Taxable Value: 204000.0000

Multi Family

  • Waterfront Features: Boat Facilities, Dock Facilities

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2021
Closed on
Nov 9, 2021
Sold by
Sudhakara K D K and Sudhakara Harini
Bought by
Ranly Brad J and Ranly Lindsay K
Seller's Agent
Brooke MacNee
MBA Realty
Buyer's Agent
Brooke MacNee
MBA Realty
List Price
$475,000
Sold Price
$403,000
Premium/Discount to List
-$72,000
-15.16%
Total Days on Market
165
Current Estimated Value
$526,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,813
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Verdun Lisa
Bought by
Sudhakara Harini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
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
Ranly Brad J $403,000 Michigan Title Ins Agcy Inc
Sudhakara Harini $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sudhakara Harini $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $403,000 -5.2% --
10/08/2021 10/08/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $425,000 -10.5% --
04/25/2021 04/25/21 For Sale $475,000 -- --
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 $5,780 $242,100 $0 $0
2023 $6,457 $240,100 $0 $0
2022 $14,630 $236,600 $0 $0
2021 $12,549 $205,100 $0 $0
2019 $12,451 $203,100 $0 $0
2018 $5,675 $203,300 $0 $0
2017 $13,897 $202,900 $0 $0
2016 $12,695 $202,900 $0 $0
2015 $20,300 $203,000 $0 $0
2013 $20,270 $203,500 $0 $0
2012 $5,780 $202,300 $187,400 $14,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210024278

Realcomp

APN: 73-045-01-0005-000