NOT LISTED FOR SALE

9762 River Rd Clay, MI 48001

Estimated Value: $376,000 - $453,000

12 Beds
9 Baths
6,600 Sq Ft
$64/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $340,000 $52 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,622/month

87 Days on Market

Highlights

  • 105 Feet of Waterfront
  • 2.47 Acre Lot
  • Ranch Style House
  • River Access

About This Home

As of August 2021

Owner is retiring,, Great opportunity to own nine units fully occupied river front property, beautiful location.

Last Agent to Sell the Property

Ann Meyou

Berkshire Hathaway HomeServices Kee Realty Clinton License #6501328912 Listed on: 03/15/2021

Berkshire Hathaway HomeServices Kee Realty Clinton

Last Buyer's Agent

Ghada Eid

License #6501379731

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Lot Details

  • 2.47 Acre Lot
  • Lot Dimensions are 105.40x1036.00
  • 105 Feet of Waterfront
  • River Front

Parking

  • Unassigned Parking

Home Design

  • 6,600 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Additional Features

  • 9 Full Bathrooms
  • River Access

Listing and Financial Details

  • Assessor Parcel Number 74144870029000

Community Details

Overview

  • 9 Units
  • Suprvr's Roy T. Gilberts Plat No 11 Clay Twp Subdivision

Recreation

  • Water Sports

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch, Townhouse
  • Architecture Level: 1 Story
  • Year Built: 9999
  • State Equalized Value: 99700.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 9.00
  • Full Bathrooms: 9
  • Total Sq Ft: 6600

Exterior Features

  • Waterfront Name: St clair river
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved
  • Water Frontage Feet: 105.00
  • Waterfront Description: Across the Road Water Frontage, River Access, River Front, Water Front

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 141700.4000
  • Lot Size Area: 2.47
  • Lot Dimensions: 105.40X1036.00
  • Parcel Number: 74144870029000
  • Encroachment: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 4650

Tax Info

  • Tax Amount Summer: 2548.0000
  • Tax Amount Winter: 844.0000
  • Total Tax: 3392.0000
  • Taxable Value: 66369.0000

Multi Family

  • Waterfront Features: All Sports Lake, ACRFRT
  • Gross Scheduled Income: 55800.00
  • Number Of Units Total: 9

MLS Schools

  • School District: Algonac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Aug 18, 2021
Sold by
Kizy Thomas H
Bought by
Lakeside Lodge Llc
Seller's Agent
Ann Meyou
Berkshire Hathaway HomeServices Kee Realty Clinton
Buyer's Agent
Ghada Eid
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$420,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,327
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Jun 5, 2017
Sold by
H K Thomas Llc
Bought by
Kizy Thomas H

Purchase Details

Closed on
Dec 9, 2016
Sold by
Kizy Thomas H and Kizy Salwa N
Bought by
H K Thomas Llc

Purchase Details

Closed on
May 1, 2013
Sold by
Kizy Thomas H and Kizy Salwa N
Bought by
Kizy Thomas H and Kizy Salwa N
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
Lakeside Lodge Llc $340,000 Premier Title Agency Llc
Kizy Thomas H -- None Available
H K Thomas Llc -- None Available
Kizy Thomas H -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $340,000 -2.9% $52 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $350,000 -- $53 / 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 $5,110 $166,700 $0 $0
2024 $4,986 $166,500 $0 $0
2023 $4,777 $156,300 $0 $0
2022 $6,091 $120,400 $0 $0
2021 $3,377 $115,800 $0 $0
2020 $3,405 $99,700 $99,700 $0
2019 $3,318 $98,200 $0 $0
2018 $3,270 $69,900 $0 $0
2017 $3,069 $66,000 $0 $0
2016 $2,292 $66,000 $0 $0
2015 -- $45,700 $9,000 $36,700
2014 -- $44,300 $9,000 $35,300
2013 -- $48,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210016778

Realcomp

APN: 14-487-0029-000