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$1,299,000

Beds
4
Baths
2.5
sq ft
3,534

4071 River Rd, East China, MI 48054

4071 River Rd

East China, MI 48054

  • 146 days on market
    • Price drop $76,000↓
Own a piece of history with this breathtaking St. Clair Riverfront Estate, featuring 170+ feet of picturesque riverfront on an international shipping channel. Enjoy a new Boardwalk and Dock, along with a 13,000-ton Hoist equipped with 50 amp power, lights, and a convenient fish cleaning station. Great fishing right off the dock! You'll love the stunning brick paver patio and walkways, complete with a hot tub for relaxing evenings outdoors and watching the Freighters. Inside, the home exudes character and charm, featuring brass name plates on doors for a nautical flair, wood beams and coffer ceilings throughout, and a spacious primary suite with vaulted ceilings and beams. More recent upgrades include a new roof, furnace, AC, and sprinkler system. Nestled on 2.5 manicured, park-like acres, the property offers captivating views from every room, even from the charming “Gull Cottage”/Guest house, which is perfect for guests or family members and comes complete with a bedroom, bathroom, kitchen and laundry. The extraordinary new, modern Pole barn—approx.. 35x50 ft, with a 15 ft door and two 10 ft doors, to house your boat or RV, and also comes equipped with a furnace and unique epoxy floors. Attached to the pole building is a get-away Lounge area complete with kitchen and a bathroom. This Estate is TRULY a rare gem with its rich history dating back to the 1800’s, modern amenities and attention to detail. Check out VIDEO TOUR- https://youtu.be/BK7kcIMVdQ0

Details

Property type

Single Family Residence

Est. home value

$908,545

Lot size

2.60 acres

Price per sq ft

$368

Year built

1890

Annual property taxes

$8,775

Price History

08/17/2024
MiRealSource

MiRealSource #50147107

Price change
$1,299,000
-5.53%
06/30/2024
MiRealSource

MiRealSource #50147107

Listed
$1,375,000
+142.08%
08/28/2017
MiRealSource

MiRealSource #31322627

Sold
$568,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East China School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Loandepot.Com Llc

Loan start date

October 2021

Original loan amount

$430,000

Est. remaining balance

$401,715

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Michael J Richards and Jane E Ogden

Lender

Towne Mortgage Co

Loan start date

August 2017

Original loan amount

$454,400

Est. remaining balance

$389,595

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

Michael J Richards and Jane E Ogden

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/23/2024 at 3:45 AM

Listing updated: 08/17/2024 at 2:32 PM

Listed by: Lori A Sheridan, Realty Executives Home Towne Chesterfield Phone #: (586) 949-8300

MLS: MiRealSource #50147107

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