NOT LISTED FOR SALE

29138 E River Rd Grosse Ile, MI 48138

Estimated Value: $675,000 - $794,000

4 Beds
3.5 Baths
2,617 Sq Ft
$280/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $620,000 $237 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,213/month

83 Days on Market

Highlights

  • 283 Feet of Waterfront
  • Deck
  • Ground Level Unit
  • 2.16 Acre Lot
  • Traditional Architecture
  • No HOA

About This Home

As of September 2020

Overlooking the serene waters of the Detroit River, this ultra-private waterfront home at the end of a quiet cul-de-sac delights with its secluded, oversized 2.2-acre lot that maintains privacy, and forest-like backyard with unobstructed waterfront views throughout the house. Unlike many waterfront homes on the island, there is NO road between you and the water. This house is smartly situated so your neighbors can’t see you and you can't see them. It offers 4 bedrooms (all on the upper level), 3 ½ baths, a refurbished kitchen with brand new stainless steel appliances, inviting family room, spacious dining room, and cozy living room that opens to a huge deck that maximizes the stunning water views. Built in 1974, this home has a classic facade, huge windows, and functional layout. Other amenities include a large two-story shed and 2-car side-by-side garage. Grosse Ile residents enjoy 3 private yacht clubs, 2 private golf courses, and great local schools.

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #6502423008 Listed on: 06/01/2020

Last Buyer's Agent

April Karn

River Oaks Realty License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 2.16 Acre Lot
  • Lot Dimensions are 283.60x294.60
  • 283 Feet of Waterfront
  • River Front

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation

Interior Spaces

  • 2,617 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Built-In Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Supervisors Grosse Ile Plat No 24 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73066010248006

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,450

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Year Built: 1974
  • State Equalized Value: 217100.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Built-In Electric Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 2617

Exterior Features

  • Waterfront Name: Detroit River
  • Waterfront: Yes
  • Foundation Details: Basement
  • Foundation Materials: Block
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Water Frontage Feet: 283.00
  • Waterfront Description: River Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 300879.6296
  • Lot Size Area: 2.16
  • Lot Dimensions: 283.60X294.60
  • Parcel Number: 73066010248006

Tax Info

  • Tax Amount Summer: 3597.0000
  • Tax Amount Winter: 4853.0000
  • Total Tax: 8450.0000
  • Taxable Value: 187091.0000

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Sep 14, 2020
Sold by
Malcomson Leif C and Sims David A
Bought by
Hodge Jonathan T and Hodge Jodi A
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
April Karn
River Oaks Realty
List Price
$649,900
Sold Price
$620,000
Premium/Discount to List
-$29,900
-4.6%
Current Estimated Value
$733,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,270
Avg. Annual Appreciation
3.24%
Original Mortgage
$496,000
Outstanding Balance
$436,305
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$296,965

Purchase Details

Closed on
May 9, 2017
Sold by
Malcomson Elke
Bought by
Malcomson Elke

Purchase Details

Closed on
Aug 4, 2011
Sold by
Malcomson Elke
Bought by
Trustee Of The Elke Malcomson Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hodge Jonathan T $620,000 Michigan Title Insurance Agenc
Hodge Jonathan T $620,000 Michigan Title Insurance Agenc
Malcomson Elke -- None Available
Malcomson Elke -- None Available
Trustee Of The Elke Malcomson Revocable -- None Available
Malcomson Elke -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodge Jonathan T $496,000
Closed Hodge Jonathan T $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $620,000 -4.6% $237 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $649,900 -- $248 / 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 $4,447 $370,700 $0 $0
2024 $4,328 $342,400 $0 $0
2023 $4,951 $309,000 $0 $0
2022 $11,522 $292,300 $0 $0
2021 $11,022 $250,100 $0 $0
2019 $8,449 $217,100 $0 $0
2018 $3,634 $207,400 $0 $0
2017 $9,383 $201,200 $0 $0
2016 $8,303 $200,300 $0 $0
2015 $17,682 $182,800 $0 $0
2013 $17,130 $177,400 $0 $0
2012 $3,622 $170,300 $62,200 $108,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Ryan Gehris

    USRealty.com, LLP

    Section Image
  • April Karn

    Buyer's Agent in 2020

    April Karn

    River Oaks Realty

    (734) 775-9033

    7 in this area

    39 Total Sales

    April Karn
    Section Image
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Map

Source: Realcomp

MLS Number: 2200038559

Realcomp

APN: 73-066-01-0248-006

Michigan Wayne County Grosse Ile Township

29138 E River Rd, Grosse Ile Township, MI

Not Listed for Sale

Detached

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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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