NOT LISTED FOR SALE

187 E M-72 Hwy Grayling, MI 49738

Estimated Value: $99,000 - $141,000

2.91 Acres
$38,578 Price per Acre
126,760 Sq Ft Lot

Last Sold August 15, 2018

Last sale price $46,000 $51 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $655/month

69 Days on Market

Highlights

  • 2.91 Acre Lot
  • Shed
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Heating System Uses Oil

About This Lot

As of August 2018

Cute cabin nestled in the pines! This property offers almost 3 acres with an open floor plan,knotty pine interior, main floor bedroom and a spacious loft for additional sleeping accommodations. Barely visible from the road, a circle drive for easy in and out and a shed for storage. All this could be yours, call for your private showing! Short term land contract option!

Last Agent to Sell the Property

Chelsea Partello

Re/Max Of Grayling License #6501396784 Listed on: 04/25/2018

Re/Max Of Grayling

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

Property Details

Property Type

  • Land

Year Built

  • Built in 1960

Lot Details

  • 2.91 Acre Lot

Home Design

  • Cabin
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 900 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 040-40-007-11-100-00
  • Tax Block 7

Community Details

Overview

  • T26n R2w Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: M-72 East about 4 miles. House is just past Thundara Rd on your left.
  • Garage Yn: No
  • Lot Size: 2.91 ACRES
  • Prop. Type: Residential
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1960
  • PropertySubType: Residential Acreage
  • Road Frontage Type: None
  • ResoLaundryFeatures: None
  • Lot Size Acres: 2.91
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Range/Oven, Refrigerator
  • Co List Office Phone: 989-348-7440
  • MLS Status: Closed
  • Subdivision Name: T26N R2W
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Cabin
  • ResoBuildingAreaSource: Owner
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 2.91 ACRES
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Cabin
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt RangeOven: Yes
  • General Property Information:Acres: 2.91
  • Exterior:Aluminum: Yes
  • HeatingAir Oil4: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Ceiling Fan
  • Total Bedrooms: 2
  • BasementFoundation:Crawl: Yes

Exterior Features

  • Exterior Features: Shed
  • Waterfront: No
  • Foundation Details: Crawl
  • Exterior Features:Shed: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Septic Tank
  • Heating: Oil
  • HeatingYN: Yes

Lot Info

  • Lot Size Sq Ft: 126759.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 040-40-007-11-100-00

Tax Info

  • Tax Block: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Aug 10, 2018
Sold by
Dillon Christopher J
Bought by
Davis Michael R and Davis Rebecca R
Seller's Agent
Chelsea Partello
Re/Max Of Grayling
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
Sold Price
$46,000
Current Estimated Value
$112,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,263
Avg. Annual Appreciation
12.76%
Original Mortgage
$36,800
Outstanding Balance
$31,959
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$80,304

Purchase Details

Closed on
Oct 1, 2000
Sold by
Grobbel Brian D
Bought by
Dillon Christopher
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Davis Michael R $46,000 Transnation Title
Dillon Christopher $40,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Michael R $36,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $46,000 -- $51 / Sq Ft
07/03/2018 07/03/18 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 $888 $40,600 $4,700 $35,900
2024 $871 $39,100 $4,700 $34,400
2023 $835 $33,000 $4,700 $28,300
2022 $793 $27,600 $4,700 $22,900
2021 $1,021 $25,500 $4,700 $20,800
2020 $1,008 $24,300 $4,700 $19,600
2019 $988 $21,200 $4,700 $16,500
2018 $807 $20,900 $4,700 $16,200
2017 $625 $22,800 $4,700 $18,100
2016 $620 $21,000 $21,000 $0
2015 $772 $21,000 $0 $0
2014 -- $19,600 $0 $0
2013 -- $19,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 302172

Water Wonderland Board of REALTORS®

APN: 040-40-007-11-100-00