7244 Riverside DR, Clay Township, MI 48001
Est. $4,762/mo with current taxes · · See the breakdown
About this home
OPEN HOUSE SUNDAY Nov 1st 12-3:00 Stunning Waterfront Split-Level on a Large Corner Lot! Enjoy twice the boat docking space with an impressive L-shaped metal seawall. This beautiful 3-bedroom, 2-full-bath home features fresh paint throughout, an updated kitchen, and a great room with a cozy fireplace. The family room opens to a back deck overlooking the gorgeous aqua-blue canal, bringing in plenty of natural light and beautiful water views. Upstairs bedrooms feature door walls leading to a private balcony overlooking the water. The first-floor bedroom is also perfect for a home office. Major updates within the last two years include the roof & skylight, cement driveway, new gutters w/Leaf guard covers, water pump for sprinklers, new pilings at seawall, new living room window and furnace. Beautifully landscaped backyard completes this waterfront retreat. Enjoy the best of waterfront living!
Monthly payment
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.The uncapped tax line is this home's bill after it uncaps: half the price times 25.25 mills, the 2025 homestead rate here. 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 | $650,000 |
| Beds | 3 |
| Baths | 2 full |
| Square feet | 1,908 |
| Type | Single family residence |
| Subdivision | COLONY ISLES SUB 2 |
| County | StClair |
| MLS # | 58050226433 |
| Listed | 2026-10-30 |
| Days on market | 1 |
| Year built | 1976 |
| Possession | At closing |
| Stories | 1.5 stories |
| Heating | Forced air, Natural gas |
| Foundation | Crawl space |
| Garage spaces | 2.5 |
| Water / Sewer | City water & sewer |
| Fireplace | Yes |
| Parcel number | 142350107000 |
| Listing office | Keller Williams Realty Lakeside |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $21,800 | about $325,000 |
| Yearly property tax | $7,151 | about $8,208 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,057 a year more than this seller pays. The assessor's state equalized value (SEV) is $251,100. 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 Clay Township's 2025 homestead rate of 25.25 mills and assumes you claim the homestead exemption. See Clay Township's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and MiRealSource, ©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 2026-11-02T23:11+00:00; refreshed at least twice daily.