NOT LISTED FOR SALE

1442 Payne Rd Grayling, MI 49738

Estimated Value: $126,800 - $175,000

20 Acres
$7,813 Price per Acre
871,200 Sq Ft Lot

Last Sold April 20, 2018

Last sale price $96,011 $111 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $948/month

4 Days on Market

Highlights

  • 20 Acre Lot
  • Wood Burning Stove
  • Pole Barn
  • Maid or Guest Quarters
  • Wood Flooring
  • Main Floor Bedroom

About This Lot

As of April 2018

Cabin on 20 acres a mile from the Holy Water section of the AuSable River and even closer to trails that stretch across and up through all of northern Michigan. Rustic wood interior accented by handcrafted cabinetry, wood-burning stove, and wood floors. The pole barn (dirt floor) stores the toys, the shed stores the rest. A large back yard and an outdoor bathroom make this property the perfect location to host northern Michigan fun for large groups. Make sure to see this one in person before it's too late. This mostly furnished cabin won't last long.

Last Agent to Sell the Property

Aaron Raymond

Century 21 Realty North Grayling Brokerage Phone: (989) 348-5474 License #6506046469 Listed on: 03/19/2018

Century 21 Realty North Grayling

Last Buyer's Agent

Chelsea Partello

RE/MAX of Grayling License #6501396484

RE/MAX of Grayling

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,564

Lot Details

  • 20 Acre Lot
  • Hunting Land

Parking

  • 1.5 Car Garage

Home Design

  • Cabin
  • Slab Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • 1 Bathroom

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 040-40-012-03-060-00 & 040-40-012-03-040-00
  • Tax Block 12

Community Details

Overview

  • T26n R2w Subdivision

Recreation

  • Pole Barn
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,564

Lot Details

0

Listing Details

  • Directions: M-72 E from Grayling 9.5 miles to north on Wakeley Bridge Rd for 2.5 miles. Turn east on Polly Tr and stay on Polly for about a mile. Payne veers to the left, first cabin on west side of road.
  • Garage Yn: Yes
  • Lot Size: 660 x 1320m/l
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Attribution Contact: (989) 348-5474
  • PropertySubType: Residential Acreage
  • Road Frontage Type: None
  • ResoLaundryFeatures: None
  • Lot Size Acres: 20.0
  • Road Surface Type: Gravel, Maintained
  • NAV29_Unit_1_Appliances: Range/Oven, Refrigerator
  • Co List Office Phone: 989-348-5474
  • MLS Status: Closed
  • Subdivision Name: T26N R2W
  • Above Grade Finished Sq Ft: 864.0
  • Architectural Style: Cabin
  • ResoBuildingAreaSource: Owner
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 660 x 1320m/l
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Cabin
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Appliances Equipmt RangeOven: Yes
  • General Property Information:Acres: 20.0
  • HeatingAir Baseboard2: Yes
  • HeatingAir Electric7: Yes
  • Exterior Wood3: Yes
  • HeatingAir Wood4: Yes
  • Foundation:Slab: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: None
  • Interior Amenities: Doorwall
  • Bedroom 3 Level: 1st
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Features:Hardwood Floors: Yes
  • Interior Features Tile Floor: Yes
  • Interior Features Wood Stove2: Yes

Exterior Features

  • Exterior Features: Guest Quarters/Apt, Hunting Camp, Hunting Prop, Natural, Pole Building, Shed
  • Waterfront: No
  • Foundation Details: Slab
  • Exterior Features:Shed: Yes
  • Exterior Features Pole Building: Yes
  • Exterior Features Guest QuartersApt: Yes

Garage/Parking

  • Property Information:Garage Stall2: 1.5
  • Property Information:Garage Type2: Pole Barn

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Electric, Wood, Wood Stove
  • HeatingYN: Yes

Lot Info

  • Lot Size Sq Ft: 871200.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 040-40-012-03-060-00 & 040-40-012-03-040-00

Tax Info

  • Tax Block: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Apr 20, 2018
Sold by
Osterman Timothy J and Osterman Nichole M
Bought by
Kincannon Richard
Seller's Agent
Aaron Raymond
Century 21 Realty North Grayling
Buyer's Agent
Chelsea Partello
RE/MAX of Grayling
Sold Price
$96,011
Current Estimated Value
$156,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,256
Avg. Annual Appreciation
6.68%
Original Mortgage
$86,409
Outstanding Balance
$74,328
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$81,939

Purchase Details

Closed on
Aug 5, 2013
Sold by
Richards Virgil J and Richards Clarice M
Bought by
Richards Virgil J and Richards Clarice M

Purchase Details

Closed on
Jun 1, 2001
Sold by
Grice Pamela P
Bought by
Richards Virgil and Richards Clarice

Purchase Details

Closed on
Jan 11, 1997
Sold by
Bakewell William E
Bought by
Grice Pamela P
Source: Public Records

Range of Values:

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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
Kincannon Richard $96,011 Lighthouse Title
Richards Virgil J -- --
Richards Virgil $20,000 --
Grice Pamela P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kincannon Richard $86,409
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $96,011 -- $111 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
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 $1,564 $51,100 $51,100 $0
2024 $1,171 $48,200 $48,200 $0
2023 $1,123 $42,100 $42,100 $0
2022 $1,066 $34,300 $34,300 $0
2021 $1,352 $32,300 $32,300 $0
2020 $1,335 $31,200 $31,200 $0
2019 $789 $28,500 $28,500 $0
2018 $828 $26,800 $26,800 $0
2017 $643 $17,900 $17,900 $0
2016 $637 $17,100 $17,100 $0
2015 $799 $17,100 $0 $0
2014 -- $15,500 $0 $0
2013 -- $15,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 312421

Water Wonderland Board of REALTORS®

APN: 040-40-012-03-060-00