NOT LISTED FOR SALE

3871 Grove St Grayling, MI 49738

Estimated Value: $392,000 - $534,000

3 Beds
2.5 Baths
1,700 Sq Ft
$268/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $275,000 $162 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,740/month

5 Days on Market

Highlights

  • River Front
  • 2 Car Attached Garage
  • Dining Room
  • Main Floor Bedroom
  • Living Room
  • Hot Water Heating System

About This Home

As of October 2016

Modern and meticulously maintained home on the holy waters! This 3 bed, 2.5 bath home offers exceptional river views from inside, vaulted ceilings, knotty pine accents, walk in pantry and brand new stainless steel appliances in the kitchen. The master suite bath has been renovated top to bottom and offers his and hers sinks, large vanity area and walk-in closet. A quaint sitting room upstairs would be ideal for reading a book or great guest space. There are 2 sheds for tools and kayaks along with a separate workshop shed for your favorite hobby. Phenomenal stretch of river! Come take a look.

Last Agent to Sell the Property

Sara Andre

Re/Max Of Grayling License #6503397686 Listed on: 09/09/2016

Co-Listed By

Chad Brown

Homewaters, L.L.C. Grayling License #6503397686

Last Buyer's Agent

Shawn Huston

Huston Real Estate, Inc. License #6502120975

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 232x232x201
  • River Front
  • Property fronts a private road
  • Dirt Road

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Utilities

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

Community Details

  • T 26 R3w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040-40-003-16-060-00
  • Tax Block 3

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: M72 E to Stephan Bridge Rd, N to Shaw Park follow to end, 2nd from last home on road
  • Garage Yn: Yes
  • Lot Size: 232x232x201
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 2nd
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1993
  • PropertySubType: Residential Water
  • Road Frontage Type: River
  • Road Surface Type: Dirt, Private
  • Water Body Name: Au Sable River
  • Co List Office Phone: 734-474-9487
  • MLS Status: Closed
  • Subdivision Name: T 26 R3W
  • Above Grade Finished Sq Ft: 1700.0
  • Architectural Style: 2+ Story
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 232x232x201
  • Property Information Total Bathrooms2: 3.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Road:Private2: Yes
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • HeatingAir Propane3: Yes
  • Exterior Wood3: Yes
  • HeatingAir Hot Water3: Yes
  • Road Dirt2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 3 Level: 2nd
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • BasementFoundation:Crawl: Yes

Exterior Features

  • Waterfront: Yes
  • Construction Type: Wood
  • Foundation Details: Crawl

Garage/Parking

  • Property Information:Garage Stall2: 2
  • Property Information:Garage Type2: Attached/UN

Utilities

  • Sewer: Septic Tank
  • Heating: Hot Water, Propane
  • HeatingYN: Yes

Lot Info

  • Parcel Number: 040-40-003-16-060-00

Tax Info

  • Tax Block: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2016
Closed on
Oct 28, 2016
Sold by
Marcereau Linda and Marcereau Robert
Bought by
Erickson Regina A and Mears William E
Seller's Agent
Sara Andre
Re/Max Of Grayling
Buyer's Agent
Shawn Huston
Huston Real Estate, Inc.
Sold Price
$275,000
Current Estimated Value
$456,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,252
Avg. Annual Appreciation
5.64%
Original Mortgage
$175,000
Outstanding Balance
$140,495
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$315,757

Purchase Details

Closed on
Aug 22, 1985
Sold by
Farkas Ann
Bought by
Eastman David and Eastman Judy
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
Erickson Regina A $275,000 None Available
Eastman David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Regina A $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2016 10/28/16 Sold $275,000 +6.6% $162 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
05/01/2015 05/01/15 Sold $257,900 -- $152 / Sq Ft View Prior Sale
04/14/2015 04/14/15 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 $4,245 $195,300 $25,100 $170,200
2024 $4,163 $180,200 $25,100 $155,100
2023 $3,991 $158,600 $25,100 $133,500
2022 $3,789 $146,200 $25,100 $121,100
2021 $4,652 $130,300 $25,100 $105,200
2020 $4,591 $127,800 $25,100 $102,700
2019 $4,491 $115,100 $25,100 $90,000
2018 $4,409 $98,900 $25,100 $73,800
2017 $3,837 $102,400 $25,100 $77,300
2016 $1,889 $88,500 $88,500 $0
2015 $1,766 $88,500 $0 $0
2014 -- $108,300 $0 $0
2013 -- $86,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 304755

Water Wonderland Board of REALTORS®

APN: 040-40-003-16-060-00