NOT LISTED FOR SALE

1491 Richardson Rd Grayling, MI 49738

Estimated Value: $537,000 - $926,000

5 Beds
3.5 Baths
5,000 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $501,680 $100 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,061/month

21 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Den
  • Maid or Guest Quarters
  • Game Room
  • Formal Dining Room

About This Home

As of November 2013

Built in the late 1920's by an oil tycoon, no expense was spared in this classic full log masterpiece built from the forests of northern Michigan. It's history began as our nation plunged into The Great Depression but the titans of industry were engaged in an unspoken contest to see who could build the most spectacular AuSable Lodge. Many of those have long since fallen, but Rayburn remains. Moved to its current location in the in the early 1990's and painstakingly restored by it's previous owner, the lodge is ready for the next sporting family to take the reigns.

Last Agent to Sell the Property

Chad Brown

Homewaters, L.L.C. Grayling License #6503397686 Listed on: 11/01/2013

Last Buyer's Agent

CHAD BROWN

Homewaters, LLC - Houghton Lake License #6503397686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,083

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 329.9x1845x290.02x1865.7
  • Waterfront
  • Dirt Road
  • Property is zoned Natural Rivers

Parking

  • 3 Car Detached Garage

Home Design

  • Log Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Wood Flooring
  • Home Security System
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Hot Water Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,083

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 5000.00
  • Home Age: 31+ Years Approx
  • Directions: North Down River East to Whirlpool Rd on right. To Richardson on left. To property on right.
  • Garage Yn: Yes
  • Lot Size: 329.9x1845x290.02x1865.7
  • Open House Office I D: 20061228153831768810000000
  • Prop. Type: Residential
  • Bedroom 1 Level: 2nd
  • Bedroom 2 Level: 2nd
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: 2+ Story
  • Total Bedrooms: 5
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • AppliancesAndEquipmt: Blinds, Dryer, Garage Door Opener, Range/Oven, Refrigerator, Washer
  • BasementSpecifics: Partial
  • BasementSpecificsBasementSize: 2000
  • Type Of Business: Income Property
  • Lower Floor 1 Half Bathrooms: 1
  • Interior Amenities: Fireplace, Hardwood Floors, Security System, Wet Bar
  • Laundry: Garage
  • Other Rooms: Den/Study, Formal Dining, Game Room, Guest Quarters/Apt, Master Suite
  • Bedroom 3 Level: 2nd
  • Bedroom 4 Level: 2nd
  • Family Room Level: 1st
  • Total Bathrooms: 4.00
  • Basement Type: Residential Water

Exterior Features

  • Exterior: Half Log
  • Exterior Features: Guest Quarters/Apt
  • Foundation: Crawl
  • Road: Dirt, Maintained
  • Waterfront: Yes

Garage/Parking

  • Garage Stall: 3
  • Garage Type: Detached/UN

Utilities

  • Heating Air: Hot Water, Propane
  • Internet Access: Other
  • Sewer: Septic
  • Hot Water: Well

Schools

  • Elem School Dist Number: 1491

Lot Info

  • Zoning: Natural Rivers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2007
Sold by
Ryan Katharine B and Williams Anne
Bought by
Rayburn Lodge, Llc
Current Estimated Value
$759,220

Purchase Details

Closed on
Jul 30, 2007
Sold by
Ryan Katherine B
Bought by
Rayburn Lodge Llc

Purchase Details

Closed on
Feb 23, 2007
Sold by
Heck Philip and Heck Deborah
Bought by
Ryan Katharine B and Williams Anne

Purchase Details

Closed on
Feb 3, 1997
Bought by
Heck Phillip and Wf Deborah

Purchase Details

Closed on
Feb 1, 1997
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
Rayburn Lodge, Llc -- --
Rayburn Lodge Llc -- --
Ryan Katharine B $500,000 --
Heck Phillip $263,000 --
-- $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayburn Lodge Properties Llc $390,000
Closed Rayburn Lodge Properties Llc $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $501,680 -- $100 / 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 $11,083 $381,700 $53,300 $328,400
2024 $8,585 $344,600 $53,300 $291,300
2023 $8,232 $306,300 $53,300 $253,000
2022 $7,815 $283,000 $53,300 $229,700
2021 $9,531 $254,100 $53,300 $200,800
2020 $9,404 $249,700 $53,300 $196,400
2019 $9,199 $254,700 $53,300 $201,400
2018 $9,032 $232,900 $53,300 $179,600
2017 $7,485 $230,800 $53,300 $177,500
2016 $7,420 $197,400 $197,400 $0
2015 $8,689 $197,400 $0 $0
2014 -- $214,200 $0 $0
2013 -- $203,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Brown

    Seller's Agent in 2013

    Chad Brown

    Homewaters, L.L.C. Grayling

    (231) 499-8292

    8 in this area

    81 Total Sales

    Chad Brown
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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 288307

Water Wonderland Board of REALTORS®

APN: 040-41-011-03-100-00

Michigan Crawford County Grayling 49738

1491 Richardson Rd, Grayling, MI

This home is located at 1491 Richardson Rd, Grayling, MI 49738 since 01 November 2013 and is currently estimated at $759,220, approximately $151 per square foot. This property was built in 1928. 1491 Richardson Rd is a home located in Crawford County with nearby schools including Grayling Elementary School, Grayling Middle School, and Grayling High School.

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