NOT LISTED FOR SALE

7767 Colony Dr Clay, MI 48001

Estimated Value: $274,055 - $320,000

2 Beds
1 Bath
1,068 Sq Ft
$273/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $236,000 $221 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,786/month

10 Days on Market

Highlights

  • Access To Lake
  • Ranch Style House
  • 1.5 Car Attached Garage
  • Home fronts a canal
  • Wood Flooring
  • Bathroom on Main Level

About This Home

As of March 2022

CANAL FRONT 2-bedroom Ranch on prestigious Colony Drive, just a few houses from the North Channel of the Saint Clair River. Wide, deep, flowing canal is great for the largest boats, as well as swimming, fishing, kayaking, etc. Surrounded by well maintained beautiful homes. High & dry w/ good steel seawall. Add your finishing touches and make this your waterfront get-away. Immediate occupancy.

Last Agent to Sell the Property

Ken Lipowski

RE/MAX First License #MISPE-6506044146 Listed on: 02/01/2022

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Home fronts a canal
  • Street terminates at a dead end

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,068 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Access To Lake
  • Seawall

Location

  • Flood Insurance May Be Required

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Martin Levin HOA
  • The Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74142170093000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Flood Insurance: Required
  • Total Tax Amount: 2294.38
  • Total Tax Year: 2020
  • Year Built: 9999
  • Mail City: Algonac
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 2 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 10 x 7, On Level: First, Flooring: Vinyl
  • Room Types: First Floor Bedroom, First Floor Laundry, First Flr Primary Bedroom, First Flr Full Bathroom
  • Dining Room: On 1st Floor, Dimensions: 15 x 12
  • Dining Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 13 x 10
  • Kitchen Floor Covering: Vinyl
  • Laundry: On 1st Floor, Dimensions: 12 x 8
  • Laundry Room Floor Covering: Vinyl
  • Living Room: On 1st Floor, Dimensions: 18 x 12
  • Living Room Floor Covering: Wood
  • Above Grade Finished Sq Ft: 1068
  • Total Finished Sq Ft: 1068

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Crawl
  • Frontage: 60
  • Lake Name: St. Clair River
  • Road: City/County, Paved Street
  • Water Features: Canal Frontage, Lake/River Access, Sea Wall, Water View, Waterfront
  • Waterfront: Yes
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Garage Spaces: 1.5
  • Garage: Yes

Utilities

  • Heating: Forced Air, Humidifier
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fees: 120
  • HOA Fee Frequency: Yearly
  • Association Contact: Martin Levin
  • Association Phone: (248) 326-4535
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 74142170093000
  • Zoning: Residential
  • Lot Dimensions: 60 x 125
  • Acreage: 0.17
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, Subdivision, Platted

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: No Restrictions

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,323.58
  • Winter Tax: Year: 2020, Amount: $970.80
  • Taxable Value: 66421
  • Total Tax: Year: 2020, Amount: $2,294.38
  • SEV Year: 2021

MLS Schools

  • School District: Algonac Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 17, 2022
Sold by
Genaw Brian M
Bought by
Fralick Tracy L and Fralick Thomas A
Seller's Agent
Ken Lipowski
RE/MAX First
Buyer's Agent
Ken Lipowski
RE/MAX First
List Price
$250,000
Sold Price
$236,000
Premium/Discount to List
-$14,000
-5.6%
Current Estimated Value
$294,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,760
Avg. Annual Appreciation
6.41%
Original Mortgage
$212,400
Outstanding Balance
$174,051
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$117,963

Purchase Details

Closed on
Jul 26, 2021
Sold by
Carmen Peter
Bought by
Genaw Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,432
Interest Rate
3%
Mortgage Type
New Conventional
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
Fralick Tracy L $236,000 Ata National Title Group
Genaw Brian M $220,480 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fralick Tracy L $212,400
Previous Owner Genaw Brian M $198,432
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $236,000 -5.6% $221 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $250,000 -- $234 / 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 $2,043 $122,400 $0 $0
2024 $2,043 $110,500 $0 $0
2023 $1,968 $100,400 $0 $0
2022 $3,292 $94,200 $0 $0
2021 $2,317 $95,400 $0 $0
2020 $2,294 $93,000 $93,000 $0
2019 $2,260 $87,700 $0 $0
2018 $2,223 $74,000 $0 $0
2017 $2,038 $68,900 $0 $0
2016 $1,160 $68,900 $0 $0
2015 -- $63,800 $63,800 $0
2014 -- $59,800 $59,800 $0
2013 -- $63,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50065236

Michigan Multiple Listing Service

APN: 14-217-0093-000