$164,500
SOLD JUL 29, 2016

27822 Reo Rd Unit 5 Grosse Ile, MI 48138

2 Beds
2.5 Baths
1,392 Sq Ft
$271/mo HOA Fee

Recently Sold

$118 Per Sq Ft

6% Below List Price

21 Days on Market

Highlights

  • Dock Facilities
  • Deck
  • Jetted Tub in Primary Bathroom
  • Home fronts a canal
  • Contemporary Architecture
  • Covered patio or porch

About This Home

As of July 2016

Marina condo living at it's finest. Unit comes with it's own 28X10 dock right out your patio door. Deep water canal with no bridges to Lake Erie. Entire marina boardwalk and docks where recently painted and stained. Marina monthly fee $30.00. Tax ID # 73058080009000. Townhouse style condo. Large master bedroom over looks marina. large master bathroom with two sinks large garden tub and corner glass enclosed shower. Second bedroom has it's own bathroom. Main floor has open concept with views of the marina. Recently installed wood flooring.Finished basement with extra high ceilings. Condo comes with a one car attached garage and a one car carport. truly a must see. Lockbox for easy showings.

Last Agent to Sell the Property

Chester Damiani

RE/MAX On The Boulevard License #6501270504 Listed on: 06/28/2016

Last Buyer's Agent

Barbara Warren

Karnak Realty License #RCO-6504222323

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • Home fronts a canal
  • Property fronts a private road

HOA Fees

  • $271 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,392 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Sump Pump
  • Natural lighting in basement

Parking

  • Carport
  • 1 Parking Garage Space
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Deck
  • Covered patio or porch
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 73058080005000

Community Details

Overview

  • Wayne County Condo Sub Plan No 519 Subdivision
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,566

Year Built

Built in 2000

Lot Details

0

HOA Fees

$271 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Contemporary
  • Architecture Level: 2 Story
  • Year Built: 2000
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Jetted Tub
  • Room Count: 10
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1892
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1392
  • Sq Ft Total Bsmt: 550

Exterior Features

  • Roof Material: Asphalt, Composition
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Grounds Maintenance, Lighting
  • Foundation Materials: Poured
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved, Private
  • Waterfront Description: Canal Front

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: 1 Assigned Space, Attached, Carport, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 271
  • Association Fee: No

Schools

  • School District: Grosse Ile Twp

Lot Info

  • Homestead: Yes
  • Parcel Number: 73058080005000

Tax Info

  • Tax Amount Summer: 1192.0000
  • Tax Amount Winter: 1374.0000
  • Total Tax: 2566.0000

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

Closed on
Mar 4, 2019
Sold by
Horne Frederick J and Horne Diane L
Bought by
Horne Frederick J and Horne Diane L
Total Days on Market
21
Current Estimated Value
$281,444

Purchase Details

Listed on
Jun 28, 2016
Closed on
Jul 29, 2016
Sold by
Guilbault Matthew J
Bought by
Horne Ii Frederick J
Seller's Agent
Chester Damiani
RE/MAX On The Boulevard
Buyer's Agent
Barbara Warren
Karnak Realty
List Price
$174,900
Sold Price
$164,500
Premium/Discount to List
-$10,400
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%

Purchase Details

Listed on
Mar 28, 2013
Closed on
Aug 28, 2013
Sold by
Chapp Frank and Chapp Gretchen M
Bought by
Guilbault Matthew J
Seller's Agent
Chester Damiani
RE/MAX On The Boulevard
Buyer's Agent
Chester Damiani
RE/MAX On The Boulevard
List Price
$149,900
Sold Price
$127,500
Premium/Discount to List
-$22,400
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$114,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2011
Sold by
Chapp David and Chapp Martina O
Bought by
Chapp Frank and Chapp Gretchen M

Purchase Details

Closed on
Jun 27, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Us Bank Na and Sarm 05-19Xs

Purchase Details

Closed on
Apr 30, 2008
Sold by
Peabody Shelly
Bought by
Mortgage Electronic Registration Systems
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
Interfamily Deed Transfer -- None Available
Warranty Deed $164,500 First American Title
Warranty Deed $127,500 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- E Title Agency
Sheriffs Deed $154,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $114,750 New Conventional
Previous Owner $208,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $164,500 -5.9% $118 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $174,900 +37.2% $126 / Sq Ft
08/28/2013 08/28/13 Sold $127,500 -14.9% $85 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $149,900 -- $100 / 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 $1,376 $112,200 $0 $0
2023 $1,574 $101,300 $0 $0
2022 $3,662 $93,300 $0 $0
2021 $3,504 $89,100 $0 $0
2019 $3,532 $79,900 $0 $0
2018 $1,519 $78,700 $0 $0
2017 $3,922 $74,000 $0 $0
2016 $2,608 $56,700 $0 $0
2015 $5,660 $56,600 $0 $0
2013 $5,510 $57,700 $0 $0
2012 $1,554 $53,500 $8,800 $44,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216064007

Realcomp

APN: 73-058-08-0005-000