7741 Colony Drive
Clay, MI 48001
Single Family Residence · MLS # 58050212966 · Listing courtesy of RE/MAX Advisors
About this home
Fully Updated Stunning Custom Waterfront Ranch! In prime location with a huge wide/deep clean canal,just 5 Minutes to the North Channel/Lake St. Clair. Steel sea walls,with 15,000lb side boat lift & an addtional cut in, 24x14 boat well! Modern kitchen with impressive breakfast bar,gorgeous granite countertops,stainless steel appliances,warming draw,lower built-in microwave,wine refrigerator, custom pantry & 2 full bathrooms!This home was totally renovated down to the studs with spray foam insulation in 2013 including the electrical,roof,windows w/granite window seals,plumbing, heating&cooling! Great room offers a gas fireplace,tons of natural light throughout a stunning open floor plan with flowing engineered hardwood floors to a sliding door directley to the backayard patio.The Oversized Primary Suite has his & her closets,attached en-suite bathrm.2nd bedrm offers a full wall custom built-in bookcase,fabulous waterview through direct access doorwall to the waterside patio.Irrigation system & dockside hose are ran from the canal,home connected gas grill included,water living at it's best! A Boater's & Fisherman's PARADISE. Sellers have recently completed a Flood Elevation Certificate to get out of the flood zone, ask agent for details!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Clay
Over the last 90 days, 13 homes sold in Clay for a median of $330,000, about $234 per square foot, and the typical one went under contract in 22 days. This home is listed at $445,000, or $343 per square foot, 47% above the city median, and has been on the market 115 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Clay sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $5,898 a year. A buyer who lives here would pay about $5,724 to $7,243 a year once the taxable value resets after the sale, at the 2025 homestead rate of 32.23 mills for Clay Twp and Anchor Bay schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate and HOA when listed. Ask us for a lender quote.
Location
Similar homes in Clay
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