NOT LISTED FOR SALE

27804 Southpointe Rd Grosse Ile, MI 48138

Estimated Value: $828,000 - $1,000,722

4 Beds
3.5 Baths
3,534 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $650,000 $184 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,793/month

293 Days on Market

Highlights

  • 180 Feet of Waterfront
  • 2.07 Acre Lot
  • Colonial Architecture
  • River Access
  • Lake Privileges
  • Fireplace in Primary Bedroom

About This Home

As of November 2020

Extraordinary opportunity to live in a custom 1927 Grosse Ile home at one of the island's finest waterfront locations! 180' open water frontage, over two acres of land, circular driveway, newer 24' x 38' detached 3-car garage with great storage above plus 10' x 24' covered patio, four bedrooms, inc. a MBR suite with hardwood floor, fireplace, MBTH, and 11 x 10 dressing room, hardwood floors in the other three bedrooms, family room with fireplace, 3.5 baths, updated kitchen, beautiful woodwork and glass, central air, brick foundation, deck, Florida room, immediate occupancy. One-Year Home Warranty included. Numerous improvements are underway at this home in February, 2020. The asbestos has been professionally removed, new hardwood floors and wood trim are being installed, new painting, and new drywall and plaster repairs.

Last Agent to Sell the Property

Joseph Maher

Century 21 Riverpointe License #6502116507 Listed on: 10/25/2019

Last Buyer's Agent

Jennifer Kish

Century 21 Riverpointe License #6501303024

Century 21 Riverpointe

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 2.07 Acre Lot
  • Lot Dimensions are 180.00x500.00
  • 180 Feet of Waterfront
  • Home fronts navigable water
  • River Front

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3,534 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • River Access
  • Lake Privileges
  • Deck

Location

  • Ground Level Unit

Utilities

  • Central Air
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Supervisors Grosse Ile Plat No 21 Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 73059030240002
  • $35,460 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Tudor
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1927
  • State Equalized Value: 375300.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room, Primary Bedroom
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3534
  • Total Sq Ft: 3534
  • Sq Ft Total Bsmt: 645

Exterior Features

  • Waterfront Name: Detroit Rive
  • Waterfront: Yes
  • Foundation Details: Basement, Crawl
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 180
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Water Frontage Feet: 180.00
  • Waterfront Description: Direct Water Frontage, River Access, River Front, Water Front, Lake/River Priv

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: High Efficiency Sealed Combustion, 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

Schools

  • School District: Grosse Ile Twp

Lot Info

  • List Price per Acre: 326086.9565
  • Lot Size Area: 2.07
  • Lot Dimensions: 180.00X500.00
  • Parcel Number: 73059030240002

Tax Info

  • Tax Amount Summer: 7639.0000
  • Tax Amount Winter: 9324.0000
  • Total Tax: 16963.0000
  • Taxable Value: 273644.0000

Multi Family

  • Waterfront Features: Navigable

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 13, 2020
Sold by
Kim Hyo S
Bought by
Wood Lucas M and Wood Heather K
Seller's Agent
Joseph Maher
Century 21 Riverpointe
Buyer's Agent
Jennifer Kish
Century 21 Riverpointe
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$932,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,931
Avg. Annual Appreciation
7.47%
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2019
Sold by
Hyo S Kim Revocable Living Trust
Bought by
Kim Hyo S and Hyo S Kim Discretionary Trust

Purchase Details

Closed on
Jun 7, 2019
Sold by
Kim Hyo Sook
Bought by
Kim Hyo S and Hyo S Kim Revocable Living Tru

Purchase Details

Closed on
Aug 3, 2018
Sold by
Kim Hyo Sook
Bought by
Kim Hyo Sook and Chee Yoon

Purchase Details

Closed on
May 21, 2015
Sold by
Kim Hyo Sook
Bought by
Chee Yoon

Purchase Details

Closed on
Feb 21, 2008
Sold by
Kim Chong H and Kim Hyo Sook
Bought by
Kim Hyo Sook

Purchase Details

Closed on
Jul 30, 2002
Sold by
Kim Hyo F
Bought by
Emcg Inc
Source: Public Records

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 Buyer Sale Price Title Company
Wood Lucas M $650,000 Michigan Title Ins Agcy Inc
Kim Hyo S -- None Available
Kim Hyo S -- None Available
Kim Hyo Sook -- None Available
Chee Yoon -- None Available
Kim Hyo Sook -- None Available
Emcg Inc $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Lucas M $1,000,000
Closed Wood Lucas M $1,000,000
Closed Wood Lucas M $510,000
Previous Owner Kim Hyo S $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $650,000 -3.7% $184 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/03/2020 07/03/20 Price Changed $675,000 -2.9% $191 / Sq Ft
10/25/2019 10/25/19 For Sale $695,000 -- $197 / 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 $21,869 $555,200 $0 $0
2024 $21,869 $530,400 $0 $0
2023 $8,639 $483,900 $0 $0
2022 $20,106 $451,600 $0 $0
2021 $19,233 $436,400 $0 $0
2019 $17,178 $393,800 $0 $0
2018 $7,639 $375,300 $0 $0
2017 $18,339 $366,600 $0 $0
2016 $16,628 $365,500 $0 $0
2015 $26,483 $341,200 $0 $0
2013 $25,656 $297,100 $0 $0
2012 $6,942 $289,100 $171,000 $118,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joseph Maher

    Century 21 Riverpointe

  • J

    Buyer's Agent in 2020

    Jennifer Kish

    Century 21 Riverpointe

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Map

Source: Realcomp

MLS Number: 219110068

Realcomp

APN: 73-059-03-0240-002

Michigan Wayne County Grosse Ile Township

27804 Southpointe Rd, Grosse Ile Township, MI

This home is located at 27804 Southpointe Rd, Grosse Ile, MI 48138 since 25 October 2019 and is currently estimated at $932,931, approximately $263 per square foot. This property was built in 1927. 27804 Southpointe Rd is a home located in Wayne County.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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