NOT LISTED FOR SALE

4474 Thunder Mug Rd Grayling, MI 49738

Estimated Value: $714,144 - $765,000

120 Acres
$6,212 Price per Acre
5,227,200 Sq Ft Lot

Last Sold May 25, 2017

Last sale price $375,000 $100 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,588/month

17 Days on Market

Highlights

  • Docks
  • Vaulted Ceiling
  • Separate Outdoor Workshop
  • 120 Acre Lot
  • Workshop
  • Fireplace

About This Lot

As of May 2017

120 Acres (m/l) with 500' (m/l) of frontage on the BIG CREEK!! Log Style Lodge features over 3700 sqft, 7 bedrooms, 3 baths, wood floors, and a 26x36 great room featuring open ceilings, stone fireplace, and a spacious dining area. Lodge is selling mostly furnished, including custom furniture, piano and a pool table. Property is nicely wooded with pond, bordering state land. County road access, located between Mio and Grayling in the Lovells area. Lodge is currently producing annual income for current owner as a vacation rental. $395,000.00 MLS# 307029

Last Agent to Sell the Property

Gary Kann

Real Estate One Mio License #6506048220 Listed on: 04/05/2017

Real Estate One Mio

Last Buyer's Agent

Gary Kann

Real Estate One Mio License #6506048220 Listed on: 04/05/2017

Real Estate One Mio

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,328

Lot Details

  • 120 Acre Lot
  • Home fronts a stream
  • Dirt Road
  • Adjoins Government Land
  • Hunting Land

Home Design

  • Slab Foundation
  • Shingle Siding
  • Log Siding
  • Stone

Interior Spaces

  • 3,761 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Home Security System
  • Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry on main level
  • Laundry in Bathroom
  • Stacked Washer and Dryer

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Well
  • Septic Tank
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 010-11-011-09-025-00
  • Tax Block 11

Community Details

Overview

  • T27n, R1w Subdivision

Recreation

  • Docks
  • Patio
  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$6,328

Lot Details

0

Listing Details

  • Directions: From Co. Rd. 489 W. on N. Down River Rd. to Lovells Road N. to Town Line Rd, E. to Thunder Mug S. to Lodge on left.
  • Garage Yn: No
  • Lot Size: 120 Acres
  • Prop. Type: Residential
  • Bedroom 1 Level: upper
  • Bedroom 2 Level: Upper
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Acreage
  • Road Frontage Type: Stream/Creek
  • ResoLaundryFeatures: In Bathroom, Main Level
  • Lot Size Acres: 120.0
  • Road Surface Type: Dirt, Maintained
  • Water Body Name: Big Creek
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Microwave, Dryer, Dishwasher
  • ResoSecurityFeatures: Security System
  • Co List Office Phone: 989-826-6222
  • MLS Status: Closed
  • Subdivision Name: T27N, R1W
  • Above Grade Finished Sq Ft: 3761.0
  • Architectural Style: Other
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 120 Acres
  • Property Information Total Bathrooms2: 3.0
  • Property Information:Style2: Other
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Forced Air3: Yes
  • HeatingAir Propane3: Yes
  • Laundry Main Level: Yes
  • General Property Information:Acres: 120.0
  • Other Rooms Workshop2: Yes
  • Appliances Equipmt Blinds: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Road Dirt2: Yes
  • HeatingAir Wood4: Yes
  • Foundation:Slab: Yes
  • Exterior:Stone: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Michigan/Utility
  • BasementSpecificsBasementSize: 8 x 20
  • Interior Amenities: Blinds, Ceiling Fan, Vaulted Ceiling(s)
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: upper
  • Family Room Level: 1st
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Interior Features Fireplace3: Yes
  • Interior Features Vaulted Ceilings2: Yes
  • Interior Features Security System3: Yes
  • Interior Features Stacked WasherDryer: Yes
  • Laundry Bathroom: Yes

Exterior Features

  • Exterior Features: Adj State/Federal Ld, Dock, Hunting Prop, Natural, Patio/Porch, Satellite Dish, Workshop
  • Waterfront: Yes
  • Construction Type: Shingles, Stone, Half Log
  • Foundation Details: Basement, Slab
  • Exterior Features PatioPorch: Yes
  • Exterior Shingles: Yes
  • Exterior Features Workshop: Yes
  • Exterior Half Log: Yes
  • Exterior Features:Satellite Dish: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air, Propane, Wood
  • HeatingYN: Yes

Lot Info

  • Lot Size Sq Ft: 5227200.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 010-11-011-09-025-00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 24, 2017
Sold by
Verlinden Michael J and Verlinden Sarah D
Bought by
Schiller George Joseph
Seller's Agent
Gary Kann
Real Estate One Mio
Buyer's Agent
Gary Kann
Real Estate One Mio
Sold Price
$375,000
Current Estimated Value
$745,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,381
Avg. Annual Appreciation
7.98%
Original Mortgage
$300,000
Outstanding Balance
$250,798
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$456,042

Purchase Details

Closed on
Dec 2, 1994
Sold by
Bowers Danny and Bowers Kathleen
Bought by
Verlinden Michael J and Verlinden Sarah

Purchase Details

Closed on
Dec 8, 1992
Sold by
Bowers Danny and Bowers Kathleen

Purchase Details

Closed on
Feb 5, 1992
Sold by
Grayling Inns
Bought by
Smithers

Purchase Details

Closed on
Nov 1, 1991
Sold by
Grayling Inns
Bought by
Smithers
Source: Public Records

Range of Values:

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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
Schiller George Joseph $375,000 None Available
Verlinden Michael J -- --
-- $135,000 --
Bowers $135,000 --
Smithers $95,000 --
Smithers $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiller George Joseph $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $375,000 -- $100 / Sq Ft
04/22/2017 04/22/17 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 $6,328 $312,100 $97,100 $215,000
2024 $4,182 $283,900 $97,100 $186,800
2023 $4,001 $217,000 $97,100 $119,900
2022 $3,807 $202,900 $97,100 $105,800
2021 $5,514 $195,500 $97,100 $98,400
2020 $5,442 $183,000 $97,100 $85,900
2019 $8,320 $186,100 $97,100 $89,000
2018 $8,494 $189,000 $97,100 $91,900
2017 $4,541 $215,400 $97,100 $118,300
2016 $4,501 $207,700 $97,100 $110,600
2015 -- $207,700 $0 $0
2014 -- $297,700 $0 $0
2013 -- $256,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 307029

Water Wonderland Board of REALTORS®

APN: 010-11-011-09-025-00