NOT LISTED FOR SALE

27620 Elba Dr Grosse Ile, MI 48138

Grosse Ile Area

Estimated Value: $520,000 - $642,000

5 Beds
2.5 Baths
2,378 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2024

Last sale price $500,000 $210 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,558 / mo

74 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Colonial Architecture
  • Deeded Waterfront Access Rights
  • Property fronts a channel
  • Recreation Room

About This Home

As of May 2024

Superb waterfront home on desirable Elba Island! 240' of sea-walled waterfront! Almost as if it is their own park. 5 bedrooms - 3 upstairs and 2 on the main level. Beautiful Sunroom. Access to the Detroit River from your own dock. 10 Ton boat lift. Only one neighbor on one side! Sun Room for viewing water from the west side of the property. Delightful front entry porch. Kitchen overlooking the water provides a gorgeous view. Family Room w/fireplace. 5 minutes away from one of the best fisheries in the USA sellers wish you to know.

Last Agent to Sell the Property

Susie Harrison

Century 21 Riverpointe License #6502114295 Listed on: 02/16/2024

Century 21 Riverpointe

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,572

Year Built

  • Built in 1979

Lot Details

  • 37,897 Sq Ft Lot
  • Lot Dimensions are 161 x 234
  • Property fronts a channel
  • Private Waterfront
  • 240 Feet of Waterfront
  • River Front

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 2,378 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Doors are 36 inches wide or more

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deeded Boat Dock

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,572

Year Built

Built in 1979

Lot Details

0.87 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Colonial
  • Stories: 2
  • Year Built: 1979
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 246.01
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 161 x 234
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 2378.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 8572.0
  • Waterfront Options:Water Access YN: Yes
  • Heat Type:Forced Air: Yes
  • Manufactured:Manufactured YN: No
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Waterfront Options:Water Frontage3: 240.0
  • Substructure:Crawl Space: Yes
  • Water Type:Channel2: Yes
  • General Property Info:SqFt Above Grade: 2378.0
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • General Property Info Garage YN: Yes
  • Accessibility Feat 36 Inch Entrance Door: Yes
  • Architectural Style:Colonial: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: 36 Inch Entrance Door
  • Fireplace: No
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Crawl Space
  • LivingArea: 2378.0
  • General Property Info:Stories2: 2.0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 585000.0
  • Water Body Name: Detroit River
  • Waterfront Features: Channel, River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Sewer: Public
  • Water Source: Public

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:View: Yes
  • Water Fea Amenities:Dock: Yes
  • Water Fea Amenities:Deeded Boat Lot: Yes

Lot Info

  • Lot Size Acres: 0.87
  • Lot Size Area: 0.87
  • Lot Dimensions: 161 x 234
  • Lot Size Sq Ft: 37897.0

Tax Info

  • Tax Annual Amount: 8572.0
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
May 29, 2024
Sold by
Medved Brian Andrew
Bought by
Seller's Agent
Susie Harrison
Century 21 Riverpointe
List Price
$625,000
Sold Price
$500,000
Premium/Discount to List
-$125,000
-20%
Views
294
Current Estimated Value
$585,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,353
Avg. Annual Appreciation
7.29%
Original Mortgage
$196,000
Outstanding Balance
$191,825
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$393,528

Purchase Details

Closed on
Nov 4, 2022
Sold by
Medved Martin Edward
Bought by
Medved Martin Edward and Medved Brian Andrew
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Grosse Ile, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Michigan Title Insurance Agenc
Medved Martin Edward -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $196,000
Previous Owner Medved Martin E $200,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $500,000 -14.5% $210 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
02/26/2024 02/26/24 Price Changed $585,000 -6.4% $246 / Sq Ft
02/16/2024 02/16/24 For Sale $625,000 -- $263 / Sq Ft
Source: MichRIC

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,128 $272,600 $0 $0
2024 $2,961 $254,100 $0 $0
2023 $3,386 $240,300 $0 $0
2022 $7,881 $227,500 $0 $0
2021 $9,284 $225,700 $0 $0
2019 $9,148 $214,800 $0 $0
2018 $3,215 $213,000 $0 $0
2017 $11,147 $207,900 $0 $0
2016 $8,721 $200,000 $0 $0
2015 $15,647 $197,800 $0 $0
2013 $15,159 $197,700 $0 $0
2012 $2,955 $190,600 $112,500 $78,100
Source: Public Records

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Map

Source: MichRIC

MLS Number: 24007932

MichRIC

APN: 73-043-01-0064-000

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