NOT LISTED FOR SALE

29953 E River Rd Grosse Ile, MI 48138

Estimated Value: $483,512 - $965,000

3 Beds
2 Baths
1,722 Sq Ft
$364/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $369,000 $214 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,632/month

1 Day on Market

Highlights

  • 60 Feet of Waterfront
  • Lake Privileges
  • Ground Level Unit
  • River Access
  • Colonial Architecture
  • 1 Car Detached Garage

About This Home

As of August 2020

Open Water! Magnificent view of Lake Erie. Wake up to the sunrise every morning. This home/lot is situated on Hickory Island. Hickory Island is one of the southernmost of the inhabited islands of Grosse Ile township. The fair value of the subject property is land value only.
The Home has been vacant for several years. The seller & seller agent make no warranties or representation to the condition of the home.

Last Agent to Sell the Property

Kathleen Skuratovich

Real Estate One-Trenton License #6501365282 Listed on: 07/21/2020

Real Estate One-Trenton

Last Buyer's Agent

Brian Pearson

Carol Bollo & Assoc-Grosse Ile License #6501235224

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 60.00x257.00
  • 60 Feet of Waterfront
  • Lake Front
  • River Front

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,722 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • River Access
  • Seawall
  • Shared Waterfront
  • Lake Privileges

Location

  • Ground Level Unit

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 73065010042000

Community Details

Overview

  • Kim Pegouske President Association
  • Hickory Island Co Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1900
  • State Equalized Value: 219700.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1722

Exterior Features

  • Waterfront Name: Lake Erie
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Construction Features: Platted Sub.
  • Road Frontage Type: Paved
  • Water Frontage Feet: 60.00
  • Waterfront Description: Lake Front, River Access, River Front, Shared Water Frontage, Water Front, Lake/River Priv

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: rickkimp@hotmail.com
  • Association Fee: 650
  • Association Contact: Kim Pegouske President
  • Association Fee: Yes

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1054285.7143
  • Lot Features: Water View
  • Lot Size Area: 0.35
  • Lot Dimensions: 60.00X257.00
  • Parcel Number: 73065010042000

Rental Info

  • Deposit Amount: 92250.00

Tax Info

  • Tax Amount Summer: 4223.0000
  • Tax Amount Winter: 5699.0000
  • Total Tax: 9922.0000
  • Taxable Value: 219700.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 28, 2020
Sold by
Ambrose Lawrence C and Ambrose Diane M
Bought by
Pearson Brian
Seller's Agent
Kathleen Skuratovich
Real Estate One-Trenton
Buyer's Agent
Brian Pearson
Carol Bollo & Assoc-Grosse Ile
List Price
$369,000
Sold Price
$369,000
Current Estimated Value
$626,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,378
Avg. Annual Appreciation
10.30%
Original Mortgage
$250,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Sep 2, 2015
Sold by
Ambrose Lawrence C and Ambrose Diane M
Bought by
Ambrose Lawrence C
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
Pearson Brian $369,000 Michigan Title Insurance Agenc
Pearson Brian $369,000 Michgan Title Ins Agcy Inc
Ambrose Lawrence C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson Brian $250,000
Previous Owner Pearson Brian $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $369,000 0.0% $214 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $369,000 -- $214 / 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 $4,014 $265,100 $0 $0
2024 $3,911 $257,400 $0 $0
2023 $4,477 $245,300 $0 $0
2022 $10,441 $234,100 $0 $0
2021 $10,238 $232,300 $0 $0
2019 $9,922 $219,700 $0 $0
2018 $4,298 $216,100 $0 $0
2017 $11,248 $213,800 $0 $0
2016 $9,954 $213,900 $0 $0
2015 $21,360 $213,600 $0 $0
2013 $21,160 $215,500 $0 $0
2012 $4,371 $209,200 $143,200 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200056442

Realcomp

APN: 73-065-01-0042-000