NOT LISTED FOR SALE

7315 Riverside Dr Clay, MI 48001

Estimated Value: $474,000 - $557,000

3 Beds
1.5 Baths
1,992 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $406,200 $204 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,270/month

133 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Traditional Architecture
  • Covered Patio or Porch
  • Dock Facilities
  • No HOA
  • Balcony

About This Home

As of October 2023

Location Location!! Water views from almost every room. Here is your chance to own canal front property in the highly sought after Colony Isles subdivision. Bring your family, bring your boat and enjoy. With your private boat lift and davit it makes water living easy. Enjoy the views from your dock or your covered enclosed patio. There is also a balcony off the primary bedroom. Almost every room has water views. The home features large rooms, a new kitchen, new windows, new flooring and new vinyl siding.

Last Agent to Sell the Property

Amy Tyson

Real Estate Masters License #6501340611 Listed on: 05/03/2023

Last Buyer's Agent

Scott Chynoweth

Remerica Hometown One License #RCO-6501387566

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1973 | Remodeled in 2023

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 72.00 x 120.00
  • 65 Feet of Waterfront
  • Home fronts a canal

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

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

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Colony Isles Sub Plat No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74142350071000
  • $2,700 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,757

Year Built

Built in 1973 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Assessment: 230.00
  • Year Built: 1973
  • State Equalized Value: 172800.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Sq Ft: 1992

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Colony Canal
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Brick, Vinyl
  • Porch Type: Balcony, Porch - Covered, Porch, Patio - Covered
  • Road Frontage Type: Paved
  • Water Frontage Feet: 65.00
  • Waterfront Description: Canal Front, Direct Water Frontage, Water Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Heat Pump, Natural Gas
  • Heating: Forced Air, Heat Pump
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.20
  • Lot Dimensions: 72.00 x 120.00
  • Parcel Number: 74142350071000

Rental Info

  • Deposit Amount: 50000.00

Tax Info

  • Tax Amount Summer: 2694.0000
  • Tax Amount Winter: 2063.0000
  • Total Tax: 4757.0000
  • Taxable Value: 136690.0000

Multi Family

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

MLS Schools

  • School District: Algonac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Oct 30, 2023
Sold by
Lagriff Homes Llc
Bought by
Heffernan James
Seller's Agent
Amy Tyson
Real Estate Masters
Buyer's Agent
Scott Chynoweth
Remerica Hometown One
List Price
$499,900
Sold Price
$406,200
Premium/Discount to List
-$93,700
-18.74%
Views
99
Current Estimated Value
$511,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,658
Avg. Annual Appreciation
10.67%

Purchase Details

Listed on
May 3, 2023
Closed on
Oct 13, 2023
Sold by
Lagriff Homes Llc
Bought by
Heffernan James
Seller's Agent
Amy Tyson
Real Estate Masters
Buyer's Agent
Scott Chynoweth
Remerica Hometown One
List Price
$499,900
Sold Price
$406,200
Premium/Discount to List
-$93,700
-18.74%
Views
99

Purchase Details

Closed on
Dec 15, 2022
Sold by
Sheriff Of St Clair County
Bought by
Lagriff Homes Llc

Purchase Details

Listed on
May 14, 2015
Closed on
Sep 11, 2015
Sold by
Alderton George A and Alderton Kathleen S
Bought by
Watson Jeffery
Seller's Agent
Cheryl Perkowski
Isles Realty, Inc
Buyer's Agent
Lauren Smerek
Isles Realty, Inc
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$230,743
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2006
Sold by
Alderton George A and Sladen Kathleen S
Bought by
Alderton George A and Sladen Kathleen S

Purchase Details

Closed on
Jun 10, 2005
Sold by
Merlino Ann Marie and Hebert Christine Marie
Bought by
Alderton George A and Sladen Kathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.82%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heffernan James $406,200 Ata National Title
Heffernan James $406,200 Ata National Title
Lagriff Homes Llc $215,121 --
Watson Jeffery $235,000 Attorneys Title Agency Llc
Alderton George A -- None Available
Alderton George A $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Jeffery $230,743
Previous Owner Alderton George A $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2023 10/13/23 Sold $406,200 -4.4% $204 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $424,900 -5.6% $213 / Sq Ft
07/08/2023 07/08/23 Price Changed $449,900 -4.3% $226 / Sq Ft
06/02/2023 06/02/23 Price Changed $469,900 -6.0% $236 / Sq Ft
05/03/2023 05/03/23 For Sale $499,900 +112.7% $251 / Sq Ft
09/17/2015 09/17/15 Sold $235,000 -6.0% $118 / Sq Ft View Prior Sale
05/29/2015 05/29/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $249,900 0.0% $125 / Sq Ft
06/21/2012 06/21/12 Rented $1,300 0.0% --
05/14/2012 05/14/12 Under Contract -- -- --
04/30/2012 04/30/12 For Rent $1,300 -- --
Source: Realcomp

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 $7,318 $219,800 $0 $0
2024 $7,141 $190,100 $0 $0
2023 $2,814 $179,700 $0 $0
2022 $4,757 $172,800 $0 $0
2020 $4,602 $153,600 $153,600 $0
2019 $4,383 $144,700 $0 $0
2018 $4,308 $131,500 $0 $0
2016 $2,311 $121,400 $0 $0
2015 -- $110,500 $110,500 $0
2014 -- $99,900 $99,900 $0
2013 -- $91,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230033975

Realcomp

APN: 14-235-0071-000