NOT LISTED FOR SALE

8498 Island Blvd Grosse Ile, MI 48138

Estimated Value: $328,000 - $429,000

4 Beds
2 Baths
2,254 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $260,000 $115 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,172/month

32 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Baseboard Heating
  • No HOA
  • Bungalow

About This Home

As of December 2023

This brick bungalow is ready for you to make it your own! Just a short walk to the river from this brick bungalow with 3 bedrooms on main level, 4th bedroom/bonus room on upper level has great potential, and 2 full baths (main level). Centrally located kitchen with two sides of access and pass-thru to family room makes it easy for entertaining. Kitchen with upgraded cabinets and stainless steel appliances. Large living room opens to formal dining room. Family room features eat-in dining, wood burning fireplace, and french doors to large deck overlooking large backyard great for gathering and relaxing. Main floor laundry. Wood-look vinyl plank on main floor. Side entry 2.5 car garage. Spacious basement with plenty of room to finish to your liking. All measurements are approximate. Buyer or buyer's agent to verify all information. This is a Receivership Sale. Receiver will consider all offers. This is not a short-sale. Sale is subject to court approval with an accepted offer.

Last Agent to Sell the Property

Rachelle Cherkasov

Forward, REALTORS® License #6501406396 Listed on: 10/04/2023

Forward, REALTORS®

Last Buyer's Agent

Lorianne Will

MBA Realty License #6501307106

MBA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1977

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100 x 161.6

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,254 Sq Ft Home
  • 1.5-Story Property
  • Family Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Deck
  • Ground Level

Community Details

  • No Home Owners Association
  • Daniel Reaume Grosse Ile Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73018010056000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,778

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1977
  • State Equalized Value: 157100.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 810540.5400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2254

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.37
  • Lot Dimensions: 100 x 161.6
  • Parcel Number: 73018010056000

Tax Info

  • Tax Amount Summer: 2330.0000
  • Tax Amount Winter: 3448.0000
  • Total Tax: 5778.0000
  • Taxable Value: 129557.0000

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Oct 7, 2016
Sold by
Harvey Susan and Weeks Susan
Bought by
Thompson Kimberly A
Seller's Agent
Rose Koval
Century 21 Riverpointe
Buyer's Agent
Sarah Myszkier
Mutual Realty, LLC
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$378,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,684
Avg. Annual Appreciation
8.46%
Original Mortgage
$144,000
Outstanding Balance
$115,370
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$263,314

Purchase Details

Listed on
Aug 12, 2016
Closed on
Sep 29, 2016
Sold by
Weeks Susan
Bought by
Joseph J Jonston Revocable Trust
Seller's Agent
Rose Koval
Century 21 Riverpointe
Buyer's Agent
Sarah Myszkier
Mutual Realty, LLC
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$115,370
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$263,314

Purchase Details

Closed on
Oct 20, 2004
Sold by
Johnson Lillian A
Bought by
Johnston Lillian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Thompson Kimberly A $180,000 Michigan Title Ins Agency In
Joseph J Jonston Revocable Trust -- None Available
Johnston Lillian A -- --
Lillian A Johnston Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Kimberly A $144,000
Previous Owner Lillian A Johnston Revocable Trust $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Sold $260,000 -13.3% $115 / Sq Ft
11/05/2023 11/05/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $299,900 +66.6% $133 / Sq Ft
10/07/2016 10/07/16 Sold $180,000 -9.5% $80 / Sq Ft View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $199,000 -- $88 / 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 $2,137 $153,700 $0 $0
2024 $2,137 $140,600 $0 $0
2023 $2,483 $168,200 $0 $0
2022 $5,778 $157,100 $0 $0
2021 $5,527 $145,300 $0 $0
2019 $5,482 $125,600 $0 $0
2018 $2,357 $120,800 $0 $0
2017 $6,088 $114,900 $0 $0
2016 $5,633 $116,000 $0 $0
2015 $10,261 $107,300 $0 $0
2013 $9,940 $103,800 $0 $0
2012 $2,107 $98,900 $19,700 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230084010

Realcomp

APN: 73-018-01-0056-000