NOT LISTED FOR SALE

29495 E River Rd Grosse Ile, MI 48138

Estimated Value: $789,000 - $982,000

4 Beds
3.5 Baths
3,037 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $805,000 $265 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,985/month

48 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Golf Course Community
  • No HOA
  • Dock Facilities
  • Jetted Tub in Primary Bathroom
  • Cottage

About This Home

As of August 2023

Welcome to Pelican Point! This Exquisite Waterfront Property boasts breathtaking views with unparalleled Luxury Living. The Gourmet Kitchen with Cork flooring is a Chef's dream come true that includes a Wolf Gas Stove, Pot Filler, Warming Drawer, Refrigerator Drawers, Corian Countertop, Marble Baking Countertop and Wood-Mode Cabinets. The Kitchen flows seamlessly from the Nook into the Four Season room perfect for Dining or Relaxing. The Living Room features a Gas Fireplace offering the perfect space for entertaining. The Library is host to built in shelving, accessible from the Grand Hallway or the impressive Foyer. The Foyer features 4 Bubble Skylights and a Train that runs the perimeter! The views from the Primary Suite, a Tandem room which offers access via custom French doors or the Grand Hallway, are spectacular! The First Floor Laundry features custom Wood-Mode cabinetry that connects to the Butler Pantry featuring a Custom Built-in Desk, perfect for reviewing recipes. Other features include a heated floor in the Full Bathroom, Two Bedrooms
(one currently being used as a Walk-in closet) and a Bonus room. This Ranch home features a BONUS Second Floor Apartment that is a self-contained living space with Private Entrance that includes a Bedroom, Bathroom with Heated floors, Kitchen and Living area. This space is ideal for hosting guests or used as a private retreat. The views from this Balcony make the first floor jealous! The 3-Car Detached Garage is perfect for car enthusiasts or for those who need extra space or storage. One bay is Temperature Controlled and currently used as a "She-Shed". The Waterfront features a Seawall, 2 Boat Lifts and a Jet-Ski platform! The yard offers an Irrigation Pump for watering the lawn, Invisible Fence and is the perfect location to watch the Fireworks every July 4th! This home is the epitome of living the Island Life! Subject to Buyer obtaining home of choice. Actively looking. Exclusions.

Last Agent to Sell the Property

Susie Armiak

MBA Realty License #6501429076 Listed on: 05/15/2023

MBA Realty

Last Buyer's Agent

Amy Azzo

MI Realty Centers License #RCO-6504391136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949 | Remodeled in 2008

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 64.80 x 350.00
  • 65 Feet of Waterfront
  • Home fronts navigable water
  • River Front

Home Design

  • Cottage
  • Asphalt Roof
  • Stone Siding
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 3,037 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Under Counter Refrigerator Drawer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 3 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Balcony
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 73066020415000
  • $2,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Supervisors Grosse Ile Plat No 48 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,357

Year Built

Built in 1949 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cottage
  • Architecture Level: 2 Story
  • Year Built: 1949
  • State Equalized Value: 333200.0000
  • Year Renovated: 2008
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Jetted Tub, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen Appliances: Convection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Warming Drawer, Refrigerated Under Counter/Drawer
  • Total Sq Ft: 3037

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Detroit River
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Stone, Vinyl
  • Exclusions: Yes
  • Exterior Features: Chimney Cap(s)
  • Porch Type: Balcony, Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved
  • Water Frontage Feet: 65.00
  • Waterfront Description: Direct Water Frontage, River Front, Water Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Electricity, Heated, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Features: Golf Community, Water View
  • Lot Size Area: 0.50
  • Lot Dimensions: 64.80 x 350.00
  • Parcel Number: 73066020415000

Tax Info

  • Tax Amount Summer: 5387.0000
  • Tax Amount Winter: 7970.0000
  • Total Tax: 13357.0000
  • Taxable Value: 299474.0000

Multi Family

  • Waterfront Features: Navigable, Boat Facilities, Dock Facilities, Sea Wall, DIRFRT

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Aug 17, 2023
Sold by
Nielsen Patricia A
Bought by
Rafo Amir H and Rafo Paula M
Seller's Agent
Susie Armiak
MBA Realty
Buyer's Agent
Amy Azzo
MI Realty Centers
List Price
$825,000
Sold Price
$805,000
Premium/Discount to List
-$20,000
-2.42%
Views
263
Current Estimated Value
$866,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,315
Avg. Annual Appreciation
3.07%
Original Mortgage
$724,000
Outstanding Balance
$707,503
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$158,812
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
Rafo Amir H $805,000 None Listed On Document
Rafo Amir H $805,000 None Listed On Document
Rafo Amir H $805,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafo Amir H $724,000
Closed Rafo Amir H $724,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $805,000 -2.4% $265 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $825,000 -- $272 / 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 $6,000 $408,300 $0 $0
2024 $5,840 $384,300 $0 $0
2023 $5,739 $353,300 $0 $0
2022 $12,777 $333,200 $0 $0
2021 $12,777 $306,700 $0 $0
2019 $12,671 $284,100 $0 $0
2018 $5,449 $274,000 $0 $0
2017 $14,163 $269,900 $0 $0
2016 $12,533 $270,100 $0 $0
2015 $26,900 $269,400 $0 $0
2013 $26,060 $275,500 $0 $0
2012 $5,080 $261,800 $134,400 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230037084

Realcomp

APN: 73-066-02-0415-000