NOT LISTED FOR SALE

1118 E M 72 Hwy Grayling, MI 49738

Estimated Value: $147,000 - $200,000

4 Beds
1 Bath
1,380 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $103,000 $75 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $951/month

75 Days on Market

Highlights

  • 5 Acre Lot
  • Wooded Lot
  • Mud Room
  • Deck
  • Raised Ranch Architecture
  • Paneling

About This Home

As of September 2022

GREAT LOCATION TO RELAX AND UNWIND in this four bedroom, one bath, ranch style home with five acres. Create a hobby farm, up-north retreat or just home-sweet home, you decide! The property runs deep from the road and is partially wooded on the front half with a trail that leads to an extra cement pad and the back of the property that is fully wooded. Recent updates include a new roof in 2020. Newer well, septic, drain field and hot water heater too. - (14' x 32' one-stall out building is not included and will be removed before close).

Last Agent to Sell the Property

Matthew Cozzie

411 REALTY License #6502417834 Listed on: 06/22/2022

Last Buyer's Agent

Matthew Cozzie

411 REALTY License #6502417834 Listed on: 06/22/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 88' x 2475'
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • M72 Community

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Raised Ranch, 1 Story
  • Estimated Year Built: 1957
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1957

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Window A/C Unit(s), Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Mud Room, Drywall, Paneling
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 13'x10', On Level: Main Floor
  • Bedroom 2: Dimensions: 13'x10', On Level: Main Floor
  • Bedroom 3: Dimensions: 11'x9'
  • Bedroom 4: Dimensions: 11'x9'
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 4
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 17'x9', On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 11'x9', On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 17'x12', On Level: Main Floor, Flooring: Laminate
  • Range: R 2W
  • Total Finished Sf Apx: 1380

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Number Of Acres: 5
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Cooling Types: Forced Air, Window Air Conditioner
  • Laundry: Dimensions: 9''x7', On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: DSL, Dish TV
  • Water: Private Well

Association/Amenities

  • Development Name: M72

Lot Info

  • Percent Open: 35
  • Land Features: Wooded, Level
  • Lot Dimensions: 88' x 2475'
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds, Splits Available
  • Percent Wooded: 65
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Crawford Ausable School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Sep 9, 2022
Sold by
Wilkerson Mark
Bought by
Eldridge Cora and Johnson Jennifer
Seller's Agent
Matthew Cozzie
411 REALTY
Buyer's Agent
Matthew Cozzie
411 REALTY
List Price
$141,000
Sold Price
$103,000
Premium/Discount to List
-$38,000
-26.95%
Views
60
Current Estimated Value
$164,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,311
Avg. Annual Appreciation
14.68%
Original Mortgage
$86,685
Outstanding Balance
$82,797
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$81,514

Purchase Details

Closed on
Jun 13, 2009
Sold by
Ruhland Margaret
Bought by
Wilkerson Mark and Ruhland Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eldridge Cora $103,000 --
Wilkerson Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldridge Cora $86,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $103,000 -27.0% $75 / Sq Ft
06/22/2022 06/22/22 For Sale $141,000 -- $102 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $947 $65,900 $6,000 $59,900
2024 $926 $64,700 $6,000 $58,700
2023 $885 $52,100 $6,000 $46,100
2022 $0 $49,000 $6,000 $43,000
2021 $680 $45,800 $6,000 $39,800
2020 $672 $44,400 $6,000 $38,400
2019 $60 $39,100 $6,000 $33,100
2018 $58 $32,800 $6,000 $26,800
2017 $402 $30,300 $6,000 $24,300
2016 $399 $26,000 $26,000 $0
2015 $578 $26,000 $0 $0
2014 -- $24,400 $0 $0
2013 -- $24,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1901575

Northern Great Lakes REALTORS® MLS

APN: 040-40-017-06-040-00