NOT LISTED FOR SALE

407 Huron St Grayling, MI 49738

Estimated Value: $146,000 - $189,000

2 Beds
2 Baths
1,490 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $127,000 $85 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,148/month

47 Days on Market

About This Home

As of March 2024

Well cared for duplex in Grayling! This duplex offers main floor living with a private entry garage for both units. Many updates have been done including new sewer lines from the crawl to the road, updated vinyl siding and updated roof. Owner pays water, tenants are responsible for electric and gas. Each unit offers spacious rooms, 1 bedroom, 1 bathroom, and laundry hook ups. This property provides great income potential and low maintenance! Subject to tenant rights.

Last Agent to Sell the Property

The Ryan Valdera Erica Roseberry Team

Berkshire Hathaway HomeServices, Bay City License #BCRA Listed on: 01/09/2024

Berkshire Hathaway HomeServices, Bay City

Last Buyer's Agent

Non Member

Non-Member License #FAAR-126710

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120 x 120

Parking

  • 3 Car Attached Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1-Story Property
  • Boiler Heating System

Community Details

  • 2 Units
  • Martha M Brinks 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070-132-001-008-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Amount: 2515.95
  • Year Built: 1930
  • Mail City: Grayling
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Other (SourceSqft)

Exterior Features

  • Frontage: 240
  • Foundation Type: Crawl

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 3

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Boiler
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 070-132-001-008-00
  • Lot Dimensions: 120 x 120
  • Acreage: 0.33
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,142.47
  • Winter Tax: Year: 2023, Amount: $373.48
  • Total Tax: Amount: $2,515.95

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Crawford Ausable Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 13, 2024
Sold by
Swanson Brenda Renee Estate
Bought by
Thornton Timothy
Seller's Agent
The Ryan Valdera Erica Roseberry Team
Berkshire Hathaway HomeServices, Bay City
Buyer's Agent
Non Member
Non-Member
List Price
$149,900
Sold Price
$127,000
Premium/Discount to List
-$22,900
-15.28%
Views
87
Current Estimated Value
$168,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,199
Avg. Annual Appreciation
16.79%
Original Mortgage
$95,250
Outstanding Balance
$93,707
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$74,492

Purchase Details

Closed on
Sep 8, 2010
Bought by
The Huntington National Bank

Purchase Details

Closed on
Jul 9, 2010
Bought by
Swanson Brenda and Mastroeni Geno

Purchase Details

Closed on
Aug 25, 1999
Sold by
Jarvis Joseph and Wf Cathryn
Bought by
Davis Gary L and Davis Mary L

Purchase Details

Closed on
Sep 22, 1997
Sold by
Charles R Barber
Bought by
Jarvis Joseph and Wf Cathryn

Purchase Details

Closed on
Jun 14, 1982
Sold by
Hynter Thelma M
Bought by
Barber Charles and Barber Barbara J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Thornton Timothy $127,000 --
Swanson Brenda Renee Estate -- --
The Huntington National Bank $60,200 --
Swanson Brenda $8,500 --
Davis Gary L $65,000 --
Jarvis Joseph $54,000 --
Barber Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Brenda Renee Estate $95,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2024 03/13/24 Sold $127,000 -15.3% $85 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $149,900 -- $101 / Sq Ft
Source: Bay County Realtor® Association MLS

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 $3,225 $61,400 $61,400 $0
2024 $2,239 $57,000 $57,000 $0
2023 $2,142 $50,000 $50,000 $0
2022 $2,036 $44,500 $44,500 $0
2021 $2,314 $41,700 $41,700 $0
2020 $2,282 $40,300 $40,300 $0
2019 $2,234 $39,300 $39,300 $0
2018 $2,191 $37,100 $37,100 $0
2017 $1,908 $37,400 $37,400 $0
2016 $1,891 $34,000 $34,000 $0
2015 -- $34,000 $0 $0
2014 -- $34,700 $0 $0
2013 -- $34,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50131114

Bay County Realtor® Association MLS

APN: 070-132-001-008-00