NOT LISTED FOR SALE

424 Ruskin Dr Algonac, MI 48001

Estimated Value: $195,000 - $214,827

3 Beds
1 Bath
1,320 Sq Ft
$154/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $80,000 $61 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,333/month

70 Days on Market

Highlights

  • Home fronts a canal
  • Deck
  • Seawall
  • Colonial Architecture
  • Forced Air Heating System

About This Home

As of May 2016

Canal front home in great location. Recently updated roof, furnace, plumbing, electric, bath, drywall, carpet. Natural fireplace in living room. Deck 16 X 12, steel seawall, open boat well. Located in prestigious Point Du Chene, walk to stores, churches, river front park. Immediate possession.

Last Agent to Sell the Property

Bill Erdmann

Sine & Monaghan Realtors LLC Algonac License #MISPE-6502139486 Listed on: 01/06/2016

Sine & Monaghan Realtors LLC Algonac

Last Buyer's Agent

Jonathan Bye

Berkshire Hathaway HomeServices Kee Realty License #MISPE-6501382018

Berkshire Hathaway HomeServices Kee Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Home fronts a canal

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Seawall
  • Deck

Location

  • Flood Insurance May Be Required

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74011590048000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Flood Insurance: Required
  • Flood Plain: Unknown
  • Total Tax Amount: 2778
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Natural Fireplace
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 12 x 8
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 9
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 10
  • Bathrooms Description: Second Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: First Floor Laundry
  • Kitchen: On 1st Floor, Dimensions: 22 x 7
  • Kitchen Features: Dining "L", Eat-In Kitchen
  • Laundry: On 1st Floor, Dimensions: 12 x 8
  • Library Den: On 1st Floor, Dimensions: 8 x 6
  • Living Room: On 1st Floor, Dimensions: 22 x 14
  • Sun Room: On 1st Floor, Dimensions: 18 x 7
  • Above Grade Finished Sq Ft: 1320
  • Total Finished Sq Ft: 1320

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Crawl
  • Frontage: 50
  • Road: Paved Street
  • Water Features: Canal Frontage, Sea Wall
  • Waterfront: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Algonquin
  • Middle School: Algonac
  • High School: Algonac

Lot Info

  • Assessor Parcel Number: 74011590048000
  • Zoning: Residential
  • Lot Dimensions: 50X110
  • Acreage: 0.13
  • Map Side Numeric: 38
  • Map Top Alpha: X
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $2,648.00
  • Winter Tax: Year: 2014, Amount: $130.00
  • Total Tax: Amount: $2,778.00
  • SEV Year: 2015

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
May 9, 2016
Sold by
Joan Irene Ewing Revocable Living Trust
Bought by
Gorman David
Seller's Agent
Bill Erdmann
Sine & Monaghan Realtors LLC Algonac
Buyer's Agent
Jonathan Bye
Berkshire Hathaway HomeServices Kee Realty
List Price
$84,500
Sold Price
$80,000
Premium/Discount to List
-$4,500
-5.33%
Current Estimated Value
$205,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,863
Avg. Annual Appreciation
10.57%
Original Mortgage
$78,551
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2012
Sold by
Ewing Joan
Bought by
Ewing Joan Irene and The Joan Irene Ewing Revocable Living Tr
Source: Public Records

Range of Values:

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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
Gorman David $80,000 Lighthouse Title
Ewing Joan Irene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman David $100,000
Previous Owner Gorman David $78,551
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $80,000 -5.3% $61 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $84,500 -- $64 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,528 $99,200 $0 $0
2024 $2,528 $99,700 $0 $0
2023 $2,349 $85,000 $0 $0
2022 $2,483 $74,300 $0 $0
2021 $2,377 $67,400 $0 $0
2020 $2,378 $64,000 $19,500 $44,500
2019 $2,349 $62,000 $0 $0
2018 $2,304 $54,200 $0 $0
2017 $2,199 $47,600 $0 $0
2016 $1,800 $47,600 $0 $0
2015 -- $46,900 $19,500 $27,400
2014 -- $50,000 $19,500 $30,500
2013 -- $48,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31275195

Michigan Multiple Listing Service

APN: 01-159-0048-000