NOT LISTED FOR SALE

1098 S Stephan Bridge Rd Grayling, MI 49738

Estimated Value: $91,000 - $138,000

2 Beds
1 Bath
768 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $87,500 $114 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $617/month

50 Days on Market

Highlights

  • Ranch Style House
  • 1.5 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of November 2023

**Price adjustment**2 Bedroom, 1 Bathroom home located very close to the Stephan Bridge Road public access and the Holy Waters of the AuSable River. Home has newer furnace and central air along with a recently upgraded electric panel. This would make a great starter home or the perfect place for a vacation rental to add to an investor's portfolio. VA Loan, Rural Development, or FHA Loans will qualify!Vacant, immediate occupancy, no land contracts.

Last Agent to Sell the Property

Chet Wheeler

Re/Max Of Grayling License #6501394433 Listed on: 08/14/2023

Re/Max Of Grayling

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 200x75

Parking

  • 1.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 768 Sq Ft Home
  • Living Room
  • Dining Room
  • Laundry in Bathroom

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System
  • Internet Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 768.00
  • Home Age: 21-30 Years Approx.
  • Directions: From Grayling, M-72 E, Left On Stephan Bridge Road towards Gates Lodge, Property will be on Left.
  • Garage Yn: Yes
  • Lot Size: 200x75
  • Open House Office I D: 20050121234959803660000000
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: Ranch
  • Total Bedrooms: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foreclosure: No
  • Laundry: Bathroom
  • Total Bathrooms: 1.00
  • Basement Type: Residential Lot

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Vinyl
  • Foundation: Slab
  • Road: Maintained, Paved
  • Waterfront: No

Garage/Parking

  • Garage Size: 20x24
  • Garage Stall: 1.5
  • Garage Type: Detached/UN

Utilities

  • Heating Air: Central Air, Forced Air, Propane
  • Internet Access: DSL
  • Sewer: Septic
  • Hot Water: Well

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • School District: Crawford Ausable
  • Elem School Dist Number: 1098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Nov 10, 2023
Sold by
Schoen Joshua C
Bought by
Stratz Karla
Seller's Agent
Chet Wheeler
Re/Max Of Grayling
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
List Price
$97,500
Sold Price
$87,500
Premium/Discount to List
-$10,000
-10.26%
Views
343
Current Estimated Value
$108,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,687
Avg. Annual Appreciation
10.13%
Original Mortgage
$87,500
Outstanding Balance
$85,994
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$22,193

Purchase Details

Closed on
Aug 15, 2007
Sold by
Kristy Paul and Kristy Debra
Bought by
Schoen Joshua C

Purchase Details

Closed on
Jun 11, 2001
Sold by
Fox Jack and Fox Sue
Bought by
Kristy Paul and Kristy Debra

Purchase Details

Closed on
Jul 17, 2000
Sold by
Fox Sue K
Bought by
Kristy Paul and Kristy Debra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stratz Karla $87,500 --
Schoen Joshua C $57,000 --
Kristy Paul -- --
Kristy Paul $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stratz Karla $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2023 11/10/23 Sold $87,500 +3.1% $114 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/29/2023 09/29/23 Price Changed $84,900 -5.7% $111 / Sq Ft
09/21/2023 09/21/23 Price Changed $90,000 -7.7% $117 / Sq Ft
08/14/2023 08/14/23 For Sale $97,500 -- $127 / Sq Ft
Source: Water Wonderland Board of REALTORS®

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 $687 $40,900 $700 $40,200
2024 $682 $40,300 $700 $39,600
2023 $347 $31,800 $700 $31,100
2022 $330 $28,200 $700 $27,500
2021 $544 $25,900 $700 $25,200
2020 $538 $25,200 $700 $24,500
2019 $526 $21,300 $700 $20,600
2018 $517 $20,200 $700 $19,500
2017 $336 $26,900 $700 $26,200
2016 $333 $24,100 $24,100 $0
2015 $492 $24,100 $0 $0
2014 -- $22,200 $0 $0
2013 -- $21,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chet Wheeler

    Seller's Agent in 2023

    Chet Wheeler

    RE/MAX Michigan

    (616) 644-0246

    98 in this area

    205 Total Sales

    Chet Wheeler
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MEMBER MLS

    MLS NON-MEMBER

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201825800

Water Wonderland Board of REALTORS®

APN: 040-40-008-05-100-00

Michigan Crawford County Grayling 49738

1098 S Stephan Bridge Rd, Grayling, MI

Not Listed for Sale

Detached

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