NOT LISTED FOR SALE

292 Kama Ct Russell Island, MI 48001

Clay Township Neighborhood

Estimated Value: $244,000 - $282,000

2 Beds
1 Bath
728 Sq Ft
$356/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $257,000 $353 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,695/month

360 Days on Market

Highlights

  • 88 Feet of Waterfront
  • Beach Access
  • Shed
  • Dock Facilities
  • Ranch Style House
  • 5-minute walk to Algonac Waterfront Park

About This Home

As of August 2023

Welcome to the definition of an escape from reality. Russell Island is small and exclusive, only owners and their guests can visit the island. No cars on this small island - creating a unique and tranquil experience - great sunsets and view of the North Channel on this side of the island. Get around by foot, bicycle or golf cart(included). This cottage features an open concept with water views surrounding you and a newly refreshed bathroom. It also comes with a canal lot conveniently located just across the road to park your boat with a brand new dock just in June 2023 - this lot is separate and can be split if you chose later. The water is shallow and sandy in front of the cottage with a ladder to get in off the sea wall or simply walk in at the canal lot to be refreshed by these cool blue waters. The island hosts many annual events, most located at the community beach/park or the bar. Come see what island life and community is like. Agent accompanied showings only.

Last Agent to Sell the Property

Audrey Stefanko

National Realty Centers, Inc License #6501393670 Listed on: 08/22/2022

National Realty Centers, Inc

Last Buyer's Agent

Audrey Stefanko

National Realty Centers, Inc License #6501393670 Listed on: 08/22/2022

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 88x186x87x184
  • 88 Feet of Waterfront
  • Home fronts a canal

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Cottage

Interior Spaces

  • 728 Sq Ft Home
  • Crawl Space

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Canal Access
  • Seawall
  • Dock Facilities
  • Shed

Location

  • Ground Level

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating

Community Details

  • Bill Moosekian (Director) Association, Phone Number (586) 943-2025
  • North Channel Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74148920005000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,469

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Cottage, Ranch
  • Architecture Level: 1 Story
  • Assessment: 137.00
  • Year Built: 9999
  • State Equalized Value: 56600.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave
  • Sq Ft Combined: 728
  • Total Sq Ft: 728

Exterior Features

  • Waterfront Name: St Clair River
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Frontage Feet: 40
  • Road Frontage Type: Gravel
  • Water Frontage Feet: 88.00
  • Waterfront Description: Beach Access, Canal Access, Canal Front, Water Front

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard
  • Sewer: Septic Tank (Existing)

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 586-943-2025
  • Association Fee: 350
  • Association Contact: Bill Moosekian (Director)
  • Association Fee: Yes

Schools

  • School District: Algonac

Lot Info

  • Lot Size Area: 0.27
  • Lot Dimensions: 88X186X87X184
  • Parcel Number: 74148920005000

Tax Info

  • Tax Amount Summer: 1755.0000
  • Tax Amount Winter: 714.0000
  • Total Tax: 2469.0000
  • Taxable Value: 46452.0000

Multi Family

  • Waterfront Features: Dock Facilities, Sea Wall

MLS Schools

  • School District: Algonac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 22, 2023
Sold by
Wright David and Wright Kimberly
Bought by
Stow Robin and Stow Emily
Seller's Agent
Audrey Stefanko
National Realty Centers, Inc
Buyer's Agent
Audrey Stefanko
National Realty Centers, Inc
List Price
$295,000
Sold Price
$257,000
Premium/Discount to List
-$38,000
-12.88%
Views
389
Current Estimated Value
$259,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,345
Avg. Annual Appreciation
0.50%
Original Mortgage
$205,000
Outstanding Balance
$201,317
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$58,028
Source: Public Records

Similar Home in Russell Island, MI

  • 146 Algonac, Russell Island, MI 48001

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    • 2 Beds
    • 1 Bath
    • 1,525 Sq Ft
    • 146 Algonac
    • Russell Island, MI

    Only 1 hour drive north of Detroit. This private island located in the St Clair River between Algonac, MI and Walpole Island, Canada is your own slice of paradise. This idyllic summer home is a step back in time and tucked away where the pace is slower, the air is fresher, and the only traffic is the sound of waves lapping at the shore. No cars on the island, access via ferry that only services

    Connie McDowell KW Professionals

    Section Image

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 Buyer Sale Price Title Company
Stow Robin $257,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stow Robin $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $257,000 -6.5% $353 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $275,000 -6.8% $378 / Sq Ft
05/22/2023 05/22/23 For Sale $295,000 +14.8% $405 / Sq Ft
10/13/2022 10/13/22 Off Market $257,000 -- --
08/22/2022 08/22/22 For Sale $300,000 -- $412 / 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 $2,656 $70,700 $0 $0
2023 $1,904 $66,200 $0 $0
2022 $2,566 $57,800 $0 $0
2021 $2,469 $56,600 $0 $0
2020 $2,454 $56,400 $56,400 $0
2019 $2,393 $56,600 $0 $0
2018 $2,359 $56,100 $0 $0
2016 $1,582 $51,200 $0 $0
2015 -- $51,100 $51,100 $0
2014 -- $48,600 $48,600 $0
2013 -- $44,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221030699

Realcomp

APN: 14-892-0005-000