NOT LISTED FOR SALE

1157 Michigan 72 Grayling, MI 49738

Estimated Value: $193,000 - $233,000

2 Beds
1 Bath
1,300 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $200,000 $154 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,414/month

25 Days on Market

Highlights

  • 5 Acre Lot
  • Brick or Stone Mason
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Shed
  • Wood Siding

About This Home

As of October 2023

''Calling all nature enthusiasts!'' This furnished 2 bed 1 bath home in Grayling provides tranquil haven surrounded by Michigans natural beauty. Relax around the camp fire, explore the nearby Ausable River or simply enjoy the peacefulness of your own 5 acres of land. Very convenient location just outside of Grayling. It's the perfect place to unwind and enjoy what this vibrant community has to offer. Whether you're seeking a weekend getaway or a cozy year round retreat. this charming property is sure to impress. Call listing Realtor Dustin Damon at 269-317-0988

Last Agent to Sell the Property

Dustin Damon

RE/MAX Perrett Associates License #6501341086 Listed on: 09/07/2023

RE/MAX Perrett Associates

Last Buyer's Agent

Dustin Damon

RE/MAX Perrett Associates License #6501341086 Listed on: 09/07/2023

RE/MAX Perrett Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1977

Lot Details

  • 5 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,096

Year Built

Built in 1977

Lot Details

5 Acres

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1977
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 161.46
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1x1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1300.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 3096.34
  • Waterfront Options:Water Access YN: No
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Info:Total Fireplaces: 1.0
  • General Property Info:Fireplace: Yes
  • Substructure:Slab: Yes
  • Additional Items:Window Treatments: Yes
  • Appliances Microwave: Yes
  • Water Heater:Electric3: Yes
  • Additional Items:LP Tank Owned: Yes
  • Roofing:Asphalt2: Yes
  • General Property Info:SqFt Above Grade: 1300.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Other Structures:Storage Shed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: LP Tank Owned
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Slab
  • LivingArea: 1300.0
  • Window Features: Window Treatments
  • General Property Info:Stories2: 1.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Stone, Wood Siding, Other
  • List Price: 209900.0
  • Other Structures: Shed(s)
  • Road Surface Type: Paved
  • Roof: Asphalt
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Lot Info

  • Lot Size Acres: 5.0
  • Lot Size Area: 5.0
  • Lot Dimensions: 1x1
  • Lot Size Sq Ft: 217800.0

Tax Info

  • Tax Annual Amount: 3096.34
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Rose Kent
Bought by
Rose Joint Trust
Current Estimated Value
$214,702

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 30, 2023
Sold by
Karaba Properties Llc
Bought by
Rose Kent D and Sori-Rose Lisa A
Seller's Agent
Dustin Damon
RE/MAX Perrett Associates
Buyer's Agent
Dustin Damon
RE/MAX Perrett Associates
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%
Original Mortgage
$160,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2022
Sold by
Karaba Derek
Bought by
Karaba Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2020
Sold by
Karaba Derek
Bought by
Karaba Derek M

Purchase Details

Closed on
Nov 1, 2005
Sold by
Beckman Richard and Adams Beverly
Bought by
Karaba Derke

Purchase Details

Closed on
Apr 30, 2004
Sold by
Beckman Richard
Bought by
Beckman Richard and Adams Beverly
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rose Joint Trust -- --
Rose Kent D $200,000 --
Karaba Properties Llc $115,000 --
Karaba Derek M -- --
Karaba Derke $70,000 --
Beckman Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Kent D $160,000
Previous Owner Karaba Properties Llc $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $200,000 -4.7% $154 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $209,900 0.0% $161 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $209,900 -- $161 / Sq Ft
Source: MichRIC

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 $3,206 $92,800 $6,000 $86,800
2024 $3,182 $91,100 $6,000 $85,100
2023 $2,704 $76,900 $6,000 $70,900
2022 $1,163 $65,800 $6,000 $59,800
2021 $1,470 $61,500 $6,000 $55,500
2020 $1,451 $59,800 $6,000 $53,800
2019 $1,420 $52,500 $6,000 $46,500
2018 $1,393 $46,700 $6,000 $40,700
2017 $1,114 $44,600 $6,000 $38,600
2016 $1,105 $38,800 $38,800 $0
2015 $1,337 $38,800 $0 $0
2014 -- $36,100 $0 $0
2013 -- $35,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23032649

MichRIC

APN: 040-41-014-01-120-00

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