NOT LISTED FOR SALE

475 S McMasters Bridge Rd Grayling, MI 49738

Estimated Value: $246,000 - $316,115

3 Beds
1 Bath
1,440 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $140,000 $97 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,876/month

122 Days on Market

Highlights

  • River Front
  • Vaulted Ceiling
  • Lower Floor Utility Room
  • Deck
  • Main Floor Bedroom
  • Patio

About This Home

As of November 2018

173' of frontage on Lower N. Branch AuSable River. Fly fishing paradise! 10 Acres fronting McMasters Bridge Road. 3 Bedroom, 2 Bath with vaulted ceilings with sliding door wall onto eleveated deck. Designed for year around use, hot water & base board heating, with full finished basement. Gated shared driveway.

Last Agent to Sell the Property

Craig Hinkle

Re/Max Of Grayling License #6502121227 Listed on: 06/25/2018

Re/Max Of Grayling

Last Buyer's Agent

Craig Hinkle

Re/Max Of Grayling License #6502121227 Listed on: 06/25/2018

Re/Max Of Grayling

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,022

Lot Details

  • 10 Acre Lot
  • River Front

Home Design

  • Cabin
  • Frame Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • Vaulted Ceiling
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic Tank
  • Septic System

Community Details

  • T26n R1w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 063-002-013-020-01
  • Tax Block 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,022

Lot Details

0

Listing Details

  • Directions: Huron Street, to left on South McMasters Bridge Road, destination on Right.
  • Garage Yn: No
  • Lot Size: 10 Acres
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: Lower
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Water
  • Road Frontage Type: River
  • Lot Size Acres: 10.0
  • Road Surface Type: Paved, Maintained
  • Water Body Name: North Branch AuSable River
  • Co List Office Phone: 989-348-7440
  • MLS Status: Closed
  • Subdivision Name: T26N R1W
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Cabin
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 10 Acres
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Cabin
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt RangeOven: Yes
  • General Property Information:Acres: 10.0
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • HeatingAir Baseboard2: Yes
  • HeatingAir Hot Water3: Yes
  • Basement Specifics Walkout: Yes
  • Basement Specifics Full-Finished: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished, Walk-Out Access
  • BasementSpecificsBasementSize: 720
  • Interior Amenities: Dishwasher, Dryer, Refrigerator, Range/Oven, Washer, Vaulted Ceiling(s), Doorwall
  • Bedroom 3 Level: Lower
  • Utility Room Level: lower
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Features Vaulted Ceilings2: Yes

Exterior Features

  • Exterior Features: Deck, Patio/Porch, Shed
  • Waterfront: Yes
  • Construction Type: Other
  • Foundation Details: Basement
  • Exterior Features:Deck: Yes
  • Exterior Features PatioPorch: Yes
  • Exterior Features:Shed: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 435600.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 063-002-013-020-01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Nov 27, 2018
Sold by
Klein Donna L and Klein Edgar Cathy
Bought by
Gross Kurt and Gross Elizabeth
Seller's Agent
Craig Hinkle
Re/Max Of Grayling
Buyer's Agent
Craig Hinkle
Re/Max Of Grayling
Sold Price
$140,000
Current Estimated Value
$291,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,529
Avg. Annual Appreciation
11.23%
Original Mortgage
$75,000
Outstanding Balance
$66,077
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$225,452

Purchase Details

Closed on
Apr 21, 2010
Sold by
Rubin George R and Rubin Pauline R
Bought by
Klein Donna L and Edgar Cathy L

Purchase Details

Closed on
Oct 9, 1989
Bought by
Rubin
Source: Public Records

Range of Values:

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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
Gross Kurt $140,000 --
Klein Donna L -- --
Rubin $11,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Kurt $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $140,000 -- $97 / Sq Ft
10/25/2018 10/25/18 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 $4,022 $121,700 $32,100 $89,600
2024 $969 $101,500 $32,100 $69,400
2023 $927 $93,200 $32,100 $61,100
2022 $883 $87,100 $32,100 $55,000
2021 $3,474 $80,200 $32,100 $48,100
2020 $3,404 $73,200 $32,100 $41,100
2019 $3,258 $67,700 $32,100 $35,600
2018 $3,676 $76,200 $32,100 $44,100
2017 $918 $78,400 $32,100 $46,300
2016 $909 $79,000 $32,100 $46,900
2015 -- $79,000 $0 $0
2014 -- $73,800 $0 $0
2013 -- $75,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 314077

Water Wonderland Board of REALTORS®

APN: 063-002-013-020-01