NOT LISTED FOR SALE

1476 Chappel Dr Grayling Township, MI 49738

Estimated Value: $342,000 - $480,000

2 Beds
1 Bath
1,200 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $375,000 $312 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,501/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • No HOA
  • Living Room
  • Ranch Style House
  • 2 Car Detached Garage
  • Dining Room

About This Home

As of May 2024

Discover a custom-built gem on a 1-acre lot with plenty of coveted Au Sable River frontage. The cabin sits on the fly-fishing only, catch-and-release section of the Main Branch known as the ''Holy Water''. Recently renovated, the cabin has a rustic charm, featuring a knotted wood kitchen island and an inviting open-concept layout. Outside, the cabin boasts half-log siding and a riverside porch. Offering turnkey with all furnishings and outdoor equipment available. The cabin is additionally only a few miles from Grayling's historic downtown, featuring a diversity of restaurants, shops, and bars. Whether fly-fishing or simply basking in the sun, consider this opportunity to embrace the essence of the Au Sable. BATVAI.

Last Agent to Sell the Property

Jeffry Kermath

Kermath Realty LLC License #65202334057 Listed on: 04/30/2024

Last Buyer's Agent

Jeffry Kermath

Kermath Realty LLC License #65202334057 Listed on: 04/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,036

Year Built

  • Built in 1973

Lot Details

  • 1.08

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,200 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Grayling Elementary School

Utilities

  • Space Heater
  • Hot Water Heating System
  • Propane
  • Well
  • Septic System
  • Internet Available

Additional Features

  • Deeded Waterfront Access Rights
  • Lot Dimensions are 115x13x187x100x140
  • Outside City Limits

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,036

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Renovated: 2015.00
  • Above Grade Finished Sq Ft: 1200.00
  • Home Age: 21-30 Years Approx.
  • Directions: east of Grayling, M-72, left on Louise Landing Rd. right on Chappel.
  • Garage Yn: Yes
  • Lot Size: 115x13x187x100x140
  • Open House Office I D: 20201117195453482142000000
  • Prop. Type: Residential
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: Ranch
  • Total Bedrooms: 2
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • AppliancesAndEquipmt: Microwave, Range/Oven, Refrigerator
  • AppliancesAndEquipmtLPTank: Rent
  • BasementSpecifics: None
  • Foreclosure: No
  • In City Limits: No
  • Interior Amenities: 1st Flr Master Bdrm
  • Laundry: Main Level
  • Other Rooms: Family Room
  • Total Bathrooms: 1.00
  • Basement Type: Residential Water

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Vinyl, Wood
  • Exterior Features: Natural
  • Foundation: Piers/Posts, Slab
  • Road: Gravel
  • Waterfront: Deeded Access

Garage/Parking

  • Garage Size: 24x18
  • Garage Stall: 2
  • Garage Type: Detached/UN

Utilities

  • Heating Air: Hot Water, Space Heater
  • Internet Access: DSL
  • Sewer: Septic
  • Hot Water: Well

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • School District: Crawford Ausable
  • Elementary School: Grayling
  • School District: Crawford Ausable
  • Schools Elementary School: Grayling
  • Elem School Dist Number: 1476

Lot Info

  • Water Mineral Rights: Unknown
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 23, 2024
Sold by
Vingelman Joseph
Bought by
Tooman Michael and Tooman Kathryn
Seller's Agent
Jeffry Kermath
Kermath Realty LLC
Buyer's Agent
Jeffry Kermath
Kermath Realty LLC
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Views
13
Current Estimated Value
$391,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,318
Avg. Annual Appreciation
-3.93%
Original Mortgage
$262,500
Outstanding Balance
$260,039
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$97,787

Purchase Details

Closed on
Jan 24, 2024
Sold by
Vingelman Linda Gurski Estate
Bought by
Vingelman Joseph

Purchase Details

Closed on
May 22, 2008
Sold by
Blessing Wayne A and Blessing Patricia
Bought by
Blessing Wayne A

Purchase Details

Closed on
Mar 1, 1994
Source: Public Records

Range of Values:

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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
Tooman Michael $375,000 --
Vingelman Joseph -- --
Vingelman Joseph -- --
Blessing Wayne A -- --
-- $78,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tooman Michael $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $375,000 -6.0% $313 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $399,000 -- $333 / 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 $4,036 $178,700 $40,000 $138,700
2024 $3,096 $161,400 $40,000 $121,400
2023 $2,969 $142,500 $40,000 $102,500
2022 $3,683 $135,200 $40,000 $95,200
2021 $3,476 $123,500 $40,000 $83,500
2020 $3,430 $116,400 $40,000 $76,400
2019 $3,356 $114,400 $40,000 $74,400
2018 $3,222 $106,500 $40,000 $66,500
2017 $3,168 $93,500 $40,000 $53,500
2016 $2,676 $71,200 $71,200 $0
2015 $3,167 $71,200 $0 $0
2014 -- $96,300 $0 $0
2013 -- $93,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201829184

Water Wonderland Board of REALTORS®

APN: 040-41-011-03-140-00