NOT LISTED FOR SALE

29743 E River Rd Grosse Ile, MI 48138

Estimated Value: $244,714 - $406,000

0.25 Acre
$1,395,716 Price per Acre
10,890 Sq Ft Lot

Last Sold January 31, 2024

Last sale price $340,000

Est. 3% increase in value since last sale

Current estimated payment $2,146/month

161 Days on Market

About This Lot

As of January 2024

LAND CONTRACT TERMS AVAILABLE! Island Living at its BEST! Build your Waterfront Dream Home on historical Hickory Island - an Island on an Island! With direct views of Sugar Island, Lake Erie / Detroit River you will enjoy watching the Sunrise from the comfort of your own Oasis! Hickory Island offers its residence a tranquil setting that features such amenities as a Community Pavilion, Park, Tennis/Pickel Ball Court, Ball Field and Boat Dockage at Hickory Island Yacht Club! SURVEY & BLUEPRINT are AVAILABLE! Utilities are on the property.

Last Agent to Sell the Property

Susie Armiak

MBA Realty License #6501429076 Listed on: 08/17/2023

MBA Realty

Last Buyer's Agent

Susie Armiak

MBA Realty License #6501429076 Listed on: 08/17/2023

MBA Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

Year Built

  • 1893

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 40.00 x 267.00
  • 40 Feet of Waterfront
  • Lake Front
  • Home fronts navigable water
  • River Front
  • Property fronts a private road
  • Cleared Lot

HOA Fees

  • $68 Monthly HOA Fees

Property Views

  • Water Views

Listing and Financial Details

  • Assessor Parcel Number 73065010008000

Community Details

Overview

  • Association Phone (734) 675-5336
  • Hickory Island Co Sub Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$5,973

Year Built

1893

Lot Details

0

HOA Fees

$68 per month

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 96600.0000
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1893

Exterior Features

  • Waterfront Name: Lake Erie
  • Waterfront: Yes
  • Frontage Feet: 40
  • Road Frontage Type: Paved, Private
  • Water Frontage Feet: 40.00
  • Waterfront Description: Direct Water Frontage, Lake Front, River Front

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Contact: Menfred Egerer / Hickory Island Co.
  • Association Fee Frequency: Annually
  • Phone: 734-675-5336
  • Association Fee: 820

Schools

  • School District: Grosse Ile Twp

Lot Info

  • Lot Features: Cleared, Golf Community, Possible Walkout, Water View
  • Lot Size Area: 0.25
  • Lot Dimensions: 40.00 x 267.00
  • Parcel Number: 73065010008000
  • Zoning: Residential
  • Survey: Yes

Rental Info

  • Deposit Amount: 36400.00

Tax Info

  • Tax Amount Summer: 2569.0000
  • Tax Amount Winter: 3404.0000
  • Total Tax: 5973.0000
  • Taxable Value: 96600.0000

Multi Family

  • Waterfront Features: Navigable, DIRFRT

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Jan 31, 2024
Sold by
Ruta Family Revocable Living Trust
Bought by
Kathleen C Levillier Trust and Levillier
Seller's Agent
Susie Armiak
MBA Realty
Buyer's Agent
Susie Armiak
MBA Realty
List Price
$372,000
Sold Price
$340,000
Premium/Discount to List
-$32,000
-8.6%
Total Days on Market
161
Views
110
Current Estimated Value
$348,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,929
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Mar 6, 2021
Sold by
Ruta David and Ruta Luanne
Bought by
Ruta David and Ruta Luanne R

Purchase Details

Listed on
Oct 4, 2019
Closed on
Nov 1, 2019
Sold by
Hoover Mary Ann and Swader Mary Ann
Bought by
Ruta David and Ruta Luanne
Seller's Agent
Rose Koval
Century 21 Riverpointe
Buyer's Agent
Rose Koval
Century 21 Riverpointe
List Price
$355,000
Sold Price
$300,000
Premium/Discount to List
-$55,000
-15.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$165,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kathleen C Levillier Trust $340,000 Michigan Title
Ruta David -- None Available
Ruta David $300,000 Michigan Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoover Mary Ann $165,000
Previous Owner Swader Mary Ann $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $340,000 -6.8% --
01/25/2024 01/25/24 Pending -- -- --
11/16/2023 11/16/23 Price Changed $364,900 -1.9% --
08/17/2023 08/17/23 For Sale $372,000 +24.0% --
11/01/2019 11/01/19 Sold $300,000 -15.5% $249 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $355,000 -- $295 / 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 $1,497 $98,500 $0 $0
2023 $2,649 $98,500 $0 $0
2022 $5,973 $96,600 $0 $0
2021 $5,911 $96,600 $0 $0
2019 $7,491 $122,200 $0 $0
2018 $3,442 $123,300 $0 $0
2017 $8,410 $122,400 $0 $0
2016 $7,825 $122,600 $0 $0
2015 $12,550 $125,500 $0 $0
2013 $12,480 $126,400 $0 $0
2012 $2,573 $123,800 $96,600 $27,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230069255

Realcomp

APN: 73-065-01-0008-000