NOT LISTED FOR SALE

8547 Lake Rd Grosse Ile, MI 48138

Estimated Value: $463,000 - $522,000

4 Beds
3.5 Baths
2,700 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $290,000 $107 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,857/month

35 Days on Market

Highlights

  • Dock Facilities
  • Lake Privileges
  • Deck
  • Cabana
  • Colonial Architecture
  • Wooded Lot

About This Home

As of April 2016

Deal fell thru and we're back on market! Dock your boat right at the end of the street. (See survey in listing docs for location). Boat slip fully paid for! Very motivated seller will look at all offers. Custom home backs to municipal woods for added privacy. Enjoy the wildlife from your spacious back deck. Unwind in the privacy of your hot tub in a custom cabana. Enjoy evening meals, rain or shine, in the beautiful Florida Rm. Lovely wooded views from the sun filled living rm. You'll feel like you've entered a spa in the spacious and elegant master bath with oversize shower, jetted tub and custom vanity. Plenty of closet space with custom organizers. Possible 2nd floor laundry. Entertain family and friends in the lower level family rm with custom wet bar, full bath and office. Plenty of room for all your toys and garden supplies in 2 backyard sheds, one is big enough to hold a Corvette! Heated garage with workshop is the perfect man cave. All this and a home warranty too!

Last Agent to Sell the Property

Cathy Blight

RE/MAX Platinum License #6501324209 Listed on: 02/02/2016

RE/MAX Platinum

Last Buyer's Agent

William O'donoghue

Temporary Inactive Users License #RCO-6501388851

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1989 | Remodeled in 2011

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 75.00x243.00x75x243
  • Fenced
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Sump Pump
  • Security System Leased

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Heated Garage
  • Workshop in Garage
  • Garage Door Opener

Pool

  • Cabana
  • Spa

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 73045010103000

Community Details

Overview

  • Lake Erie View Sub Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,614

Year Built

Built in 1989 | Remodeled in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1989
  • Year Renovated: 2011
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Security Alarm (rented), Spa/Hot-tub, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer, Bar Fridge
  • Sq Ft Combined: 3900
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 2700
  • Sq Ft Total Bsmt: 1350

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Detroit River
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Exterior Features: Lighting, Fenced, Cabana
  • Foundation Materials: Poured
  • Frontage Feet: 75
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Heated, Workshop, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Grosse Ile Twp

Lot Info

  • Homestead: Yes
  • Lot Features: Wooded
  • Lot Size Area: 0.42
  • Lot Dimensions: 75.00X243.00X75x243
  • Parcel Number: 73045010103000

Tax Info

  • Tax Amount Summer: 2095.0000
  • Tax Amount Winter: 2519.0000
  • Total Tax: 4614.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Apr 29, 2016
Sold by
Willoughby Eugene and Willoughby Edna L
Bought by
Smith Timothy and Smith Kelsey
Seller's Agent
Cathy Blight
RE/MAX Platinum
Buyer's Agent
William O'donoghue
Temporary Inactive Users
List Price
$305,000
Sold Price
$290,000
Premium/Discount to List
-$15,000
-4.92%
Current Estimated Value
$481,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,582
Avg. Annual Appreciation
5.98%
Original Mortgage
$232,000
Outstanding Balance
$109,801
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$387,761

Purchase Details

Closed on
Jul 23, 2010
Sold by
Batth Balwinder Singh and Batth Kamal Jit
Bought by
Willoughby Eugene and Willoughby Edna L

Purchase Details

Closed on
Nov 21, 2009
Sold by
Fields Henry Walter White and Fields Marie Rochelle
Bought by
Batth Balwinder

Purchase Details

Closed on
Dec 12, 2007
Sold by
Batth Balwinder and Batth Kamaljeet K
Bought by
Fields Henry Walter White

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 1998
Sold by
Butt Faroog S
Bought by
Batth Balwinder S
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
Smith Timothy $290,000 Select Title Company
Willoughby Eugene $179,000 Michigan Title Insurance Age
Batth Balwinder -- None Available
Fields Henry Walter White $378,800 None Available
Batth Balwinder S $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Timothy $232,000
Previous Owner Fields Henry Walter White $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $290,000 -4.9% $107 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $305,000 -- $113 / 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 $2,644 $233,500 $0 $0
2024 $2,644 $213,200 $0 $0
2023 $3,024 $196,300 $0 $0
2022 $7,046 $179,400 $0 $0
2021 $6,795 $172,000 $0 $0
2019 $6,678 $150,100 $0 $0
2018 $2,872 $144,400 $0 $0
2017 $7,420 $140,000 $0 $0
2016 $4,876 $141,300 $0 $0
2015 $10,384 $115,900 $0 $0
2013 $10,060 $103,000 $0 $0
2012 $2,165 $99,800 $12,800 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216010380

Realcomp

APN: 73-045-01-0103-000