NOT LISTED FOR SALE

1950 E M-72 Hwy Grayling, MI 49738

Estimated Value: $90,000 - $132,000

2.2 Acres
$47,841 Price per Acre
95,832 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $79,500 $120 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $608/month

54 Days on Market

Highlights

  • 2.2 Acre Lot
  • Mud Room
  • First Floor Utility Room
  • Main Floor Bedroom
  • No HOA
  • 1.5 Car Detached Garage

About This Lot

As of October 2022

Looking for the perfect Up-North cabin or small home? This is a neat and clean 2 bedroom home that sits on 2.2 acres. This property is close to the AuSable River, Kneff Lake, state campgrounds, and miles and miles of state and federal land! House has updated furnace & hot water tank. Septic tank pumped 2015, drainfield installed 2003, metal roof 2006. Includes stove, refrigerator, dishwasher, and washer & Dryer. Taxes $645.53 Homestead.

Last Agent to Sell the Property

Craig Hinkle

Re/Max Of Grayling License #6502121227 Listed on: 08/02/2022

Re/Max Of Grayling

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

Property Details

Property Type

  • Land

Year Built

  • Built in 1950

Lot Details

  • 2.2 Acre Lot
  • Lot Dimensions are 165 x 580

Parking

  • 1.5 Car Detached Garage

Home Design

  • Cabin
  • Slab Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 665 Sq Ft Home
  • Mud Room
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Grayling Elementary School
  • Grayling High School

Utilities

  • Wall Furnace
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 040-40-017-01-320-00
  • Tax Block 17

Community Details

Overview

  • No Home Owners Association
  • T26n R2w Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: M-72 East, just past Stephan Bridge Road, property located on Right.
  • Garage Yn: Yes
  • Lot Size: 165 x 580
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1950
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 2.2
  • Road Surface Type: Paved, Maintained
  • Co List Office Phone: 989-348-7440
  • MLS Status: Closed
  • Subdivision Name: T26N R2W
  • Above Grade Finished Sq Ft: 665.0
  • Architectural Style: Cabin
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 165 x 580
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Cabin
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Propane3: Yes
  • Laundry Main Level: Yes
  • General Property Information:Acres: 2.2
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Exterior Wood3: Yes
  • Foundation:Slab: Yes
  • HeatingAir Wall Furnace: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: None
  • Interior Amenities: Dishwasher, Dryer, Refrigerator, Range/Oven, Washer
  • Utility Room Level: 1st
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Other Rooms:Mud Room: Yes

Exterior Features

  • Exterior Features: Shed
  • Waterfront: No
  • Construction Type: Wood
  • Foundation Details: Slab
  • Exterior Features:Shed: Yes

Garage/Parking

  • Property Information:Garage Stall2: 1.5
  • Property Information:Garage Type2: Detached/UN

Utilities

  • Sewer: Septic Tank
  • Heating: Propane, Wall Furnace
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Schools Elementary School: Grayling
  • Schools High School: Grayling
  • Elementary School: Grayling
  • Junior High Dist: Crawford Ausable
  • High School: Grayling

Lot Info

  • Lot Size Sq Ft: 95832.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 040-40-017-01-320-00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Johnson Christina
Bought by
Hetzel Zachary
Current Estimated Value
$105,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Outstanding Balance
$63,327
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$41,923

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 25, 2022
Sold by
Harris Mandy
Bought by
Johnson Christina
Seller's Agent
Craig Hinkle
Re/Max Of Grayling
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
List Price
$79,500
Sold Price
$79,500
Views
151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%

Purchase Details

Closed on
Aug 3, 2021
Sold by
Akers Terry Dean
Bought by
Harris Mandy

Purchase Details

Closed on
Apr 15, 2021
Sold by
Akers Terry Dean
Bought by
Harris Mandy

Purchase Details

Closed on
Jul 9, 2004
Sold by
Falaska Gerald A and Falaska Norma J
Bought by
Akers Terry Dean
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
Hetzel Zachary $80,000 --
Johnson Christina $79,500 --
Harris Mandy -- --
Harris Mandy -- --
Akers Terry Dean $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hetzel Zachary $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2022 10/31/22 Sold $79,500 0.0% $120 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $79,500 +109.2% $120 / Sq Ft
05/09/2016 05/09/16 Sold $38,000 -- $50 / Sq Ft View Prior Sale
03/22/2016 03/22/16 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 $678 $40,400 $3,500 $36,900
2024 $1,207 $39,300 $3,500 $35,800
2023 $1,157 $32,900 $3,500 $29,400
2022 $443 $26,100 $3,500 $22,600
2021 $472 $24,000 $3,500 $20,500
2020 $754 $23,400 $3,500 $19,900
2019 $738 $20,000 $3,500 $16,500
2018 $724 $17,800 $3,500 $14,300
2017 $556 $16,800 $3,500 $13,300
2016 $551 $15,500 $15,500 $0
2015 $729 $15,500 $0 $0
2014 -- $19,800 $0 $0
2013 -- $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201820347

Water Wonderland Board of REALTORS®

APN: 040-40-017-01-320-00