NOT LISTED FOR SALE

8550 Ferry Rd Grosse Ile, MI 48138

Estimated Value: $189,000 - $222,000

3 Beds
1.5 Baths
952 Sq Ft
$220/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2019

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

Est. 113% increase in value since last sale

Current estimated payment $1,226 / mo

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 Agent to Sell the Property

Ali Khalil

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

RE/MAX Team 2000

Last Buyer's Agent

Kay McMahon

RE/MAX Innovation License #6501175900

RE/MAX Innovation

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

1.54 Acres

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

  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Sq Ft: 952

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Bought by
Current Estimated Value
$209,098

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
$159,363
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$49,735

Purchase Details

Listed on
Sep 18, 2018
Closed on
May 9, 2019
Sold by
Bought by
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
11.23%

Purchase Details

Closed on
Feb 14, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 2018
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 1995
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 First American Title
$98,000 Title One Inc
-- None Available
-- None Available
$57,500 None Available
$152,000 --
$127,000 --
$134,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $171,830
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,169 $85,100 $0 $0
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

  • Ali Khalil

    Seller's Agent in 2019

    Ali Khalil

    RE/MAX

    (313) 477-6691

    176 Total Sales

    Ali Khalil
    Section Image
  • Kay McMahon

    Buyer's Agent in 2019

    Kay McMahon

    RE/MAX of Southeast Michigan

    (734) 231-9513

    29 Total Sales

    Kay McMahon
    Section Image
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Map

Source: Realcomp

MLS Number: 218091138

Realcomp

APN: 73-016-01-0014-301

Michigan Wayne County Grosse Ile

8550 Ferry Rd, Grosse Ile, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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