Photo 1 of 28731 Elbamar DR
1 / 39
Active · MLS #20261085470
$349,000 4 bd2 ba1,638 sqft

28731 Elbamar DR , Grosse Ile Township, MI 48138

Est. $2,806/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1962
Lot0.4 acres
Garage2 spaces
Price/sqft$213
On market11 days

About this home

Enjoy the best of island living in this spacious 4-bedroom, 2-bath ranch on Grosse Ile, ideally located within walking distance of the Ford Yacht Club! Situated on a generous .40-acre lot, this home offers the perfect blend of peaceful island living and everyday convenience. The open-concept layout features abundant natural light, creating a bright and welcoming atmosphere. Major updates include a new furnace and HVAC system, central air, and newer windows. The kitchen features stainless steel appliances, all included in the sale. Step outside to the refurbished deck and spacious yard, perfect for relaxing or entertaining. Enjoy the quiet island lifestyle with boating opportunities nearby, along with convenient access to shopping and local restaurants. Whether you're spending the day on the water, taking a walk to the yacht club, or enjoying the charm of the island community, this home offers a wonderful opportunity to make Grosse Ile your own. Don't miss out on this one—come see all this island home has to offer!

Monthly payment

$2,806per month
Principal & interest$1,985
Property tax, current$476
Homeowners insurance$200
Mortgage insurance (PMI)$144

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$349,000
Beds4
Baths2 full
Square feet1,638
TypeSingle family residence
SubdivisionELBAMAR COLONY
CountyWayne
MLS #20261085470
Listed2026-10-23
Days on market11
Year built1962
PossessionAt closing
Stories1 story
HeatingForced air, Natural gas
FoundationCrawl space
Garage spaces2.0
Water / SewerCity water & sewer
FireplaceYes
Parcel number73059010235002
Listing officeMBA Realty

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$132,845about $174,500
Yearly property tax$5,717about $7,712

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,995 a year more than this seller pays. The assessor's state equalized value (SEV) is $159,500. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Grosse Ile Township's 2025 homestead rate of 44.19 mills and assumes you claim the homestead exemption. See Grosse Ile Township's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T10:57+00:00; refreshed at least twice daily.

$349,000Est. $2,806/mo
Request a tour