NOT LISTED FOR SALE

8550 Ferry Rd Grosse Ile, MI 48138

Estimated Value: $192,000 - $264,000

3 Beds
1.5 Baths
952 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $98,000 $103 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,355/month

51 Days on Market

Highlights

  • 1.54 Acre Lot
  • No HOA
  • Forced Air Heating System
  • Ranch Style House
  • Shed

About This Home

As of May 2019

Build your dream home on this huge 1.5 ACRE lot in Grosse Ile. Current home has 952 SQFT. 3 bedroom and 1.5 baths. Value here is in the land. Homes in the area are selling as high as $1 Million plus. Seller is motivated and ready to deal!

Last Listed By

Ali Khalil

RE/MAX Team 2000 License #6501301258 Listed on: 09/18/2018

RE/MAX Team 2000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 1.54 Acre Lot
  • Lot Dimensions are 84.46x793.82

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 952 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Spragues Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73016010014301

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Sq Ft Combined: 952
  • Total Sq Ft: 952

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Frontage Feet: 84
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Ile Twp

Lot Info

  • List Price per Acre: 69480.5195
  • Lot Size Area: 1.54
  • Lot Dimensions: 84.46X793.82
  • Parcel Number: 73016010014301

Tax Info

  • Tax Amount Summer: 1231.0000
  • Tax Amount Winter: 1503.0000
  • Total Tax: 2734.0000

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Kelems and Nancy
Bought by
Harris Michael
Total Days on Market
51
Current Estimated Value
$224,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Outstanding Balance
$160,893
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$93,667

Purchase Details

Listed on
Sep 18, 2018
Closed on
May 9, 2019
Sold by
Tekko Leila M
Bought by
Kelems Timothy and Kelems Nancy
Seller's Agent
Ali Khalil
RE/MAX Team 2000
Buyer's Agent
Kay McMahon
RE/MAX Innovation
List Price
$134,900
Sold Price
$98,000
Premium/Discount to List
-$36,900
-27.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.06%

Purchase Details

Closed on
Feb 14, 2019
Sold by
Guajardo Ruben
Bought by
Tekko Leila M

Purchase Details

Closed on
Sep 7, 2018
Sold by
Saad Jalil
Bought by
Tekko Lella Marie

Purchase Details

Closed on
Oct 24, 2014
Sold by
Wayne County Treasurer
Bought by
Saad Jalil G

Purchase Details

Closed on
Jul 25, 2000
Sold by
Philport Paulette
Bought by
Guajardo Ruben

Purchase Details

Closed on
Dec 15, 1998
Sold by
Filipowicz Anna and Filipowicz Leszek
Bought by
Philport Paulette

Purchase Details

Closed on
Jul 7, 1995
Sold by
Leona Stanko Est
Bought by
Filipowicz Leszek and Filipowicz Anna

Range of Values:

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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
Harris Michael $175,000 First American Title
Kelems Timothy $98,000 Title One Inc
Tekko Leila M -- None Available
Tekko Lella Marie -- None Available
Saad Jalil G $57,500 None Available
Guajardo Ruben $152,000 --
Philport Paulette $127,000 --
Filipowicz Leszek $134,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Michael $4,519
Closed Harris Michael $4,446
Open Harris Michael $171,830
Previous Owner Kelems Timothy $116,250
Previous Owner Tekko Leila $34,600
Previous Owner Guajardo Ruben $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2019 05/09/19 Sold $98,000 -8.4% $103 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $107,000 -7.4% $112 / Sq Ft
10/10/2018 10/10/18 Price Changed $115,500 -8.3% $121 / Sq Ft
10/01/2018 10/01/18 Price Changed $126,000 -2.3% $132 / Sq Ft
09/27/2018 09/27/18 Price Changed $129,000 -4.4% $136 / Sq Ft
09/18/2018 09/18/18 For Sale $134,900 -- $142 / 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
2024 $1,138 $75,900 $0 $0
2023 $1,301 $71,300 $0 $0
2022 $2,261 $57,000 $0 $0
2021 $3,003 $51,200 $0 $0
2019 $2,074 $46,200 $0 $0
2018 $1,252 $45,900 $0 $0
2017 $3,005 $44,900 $0 $0
2016 $2,725 $45,400 $0 $0
2015 $4,340 $43,400 $0 $0
2013 $3,370 $34,600 $0 $0
2012 $711 $33,500 $16,700 $16,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218091138

Realcomp

APN: 73-016-01-0014-301