NOT LISTED FOR SALE

500 Peninsular Ave Grayling, MI 49738

Estimated Value: $334,000 - $437,000

6 Beds
2 Baths
3,850 Sq Ft
$97/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $275,500 $72 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,336/month

80 Days on Market

Highlights

  • Victorian Architecture
  • 3 Car Garage
  • Wood Siding
  • Corner Lot

About This Home

As of September 2022

Here is your chance to own one of Grayling's most iconic homes. This 1894 Victorian has been lovingly maintained by its current owner, and retains all of its original character and charm. The craftsmanship and attention to detail are incredible! Stepping in from the stately front porch, you will find the foyer with original woodwork, floors, and stunning staircase. Once inside, you will notice the beautiful, handcrafted wood parkay floors, extensive trim work, and original hardware throughout the home. The original brass fireplace awaits you in the parlor for chilly nights. The home features 6 bedrooms, 2 full baths and a first floor powder room. Relax with a cup of coffee on your second floor porch and watch neighbors stroll by. The backyard is a true oasis with beautiful gardens, a brick patio and fire pit. The 3+ car garage is insulated and has multiple heat sources to take away the chill. A full, dry basement is perfect for storage of a workshop. Need more space? The massive attic has a finished staircase, and is ready for future expansion. All remaining furnishings are negotiable. Close to the AuSable and Manistee Rivers, lakes, orv and snowmobile trails. Within walking distance of Grayling's emerging downtown with three local breweries, restaurants and art galleries. Traverse City, Torch Lake and Grand Traverse Bay are less than an hour away. Truly a once in a lifetime opportunity! Come live your dream!

Last Agent to Sell the Property

Jeremy Thibault

NextHome Inspire License #FAAR-123867 Listed on: 06/20/2022

NextHome Inspire

Last Buyer's Agent

Cindi Veenstra

eXp Realty LLC License #GKAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1894

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 117x118x117x119
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 3,850 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Original Of Grayling City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07010001301100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,744

Year Built

Built in 1894

Lot Details

0.32 Acres

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Victorian
  • Structure Style: 2 Story
  • Total Tax Amount: 3744
  • Year Built: 1894
  • Mail City: Grayling
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Bedroom 1: On Entry Level, Dimensions: 11 x 14
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 8
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 11
  • Bedroom 4: On 2nd Floor, Dimensions: 12 x 13
  • Bedroom 5: On 2nd Floor, Dimensions: 12 x 14
  • Bedroom 6: On 2nd Floor, Dimensions: 17 x 14
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 10 x 9, On Level: Second
  • Bathroom 2: Dimensions: 12 x 6, On Level: Second
  • Dining Room: On Entry Level, Dimensions: 12 x 16
  • Family Room: On Entry Level, Dimensions: 12 x 17
  • Kitchen: On Entry Level, Dimensions: 12 x 14
  • Laundry: On 2nd Floor, Dimensions: 11 x 8
  • Living Room: On Entry Level, Dimensions: 19 x 14
  • Below Grade Sq Ft: 2000
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3850
  • Total Finished Sq Ft: 3850

Exterior Features

  • Exterior: Wood
  • Foundation: Basement
  • Frontage: 117
  • Frontage Type: Road

Garage/Parking

  • Garage Spaces: 3
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 07010001301100
  • Lot Dimensions: 117x118x117x119
  • Acreage: 0.32
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot, Walk to School, Sidewalks, City Limits

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,956.00
  • Winter Tax: Year: 2021, Amount: $788.00
  • Total Tax: Amount: $3,744.00

MLS Schools

  • School District: Crawford Ausable Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Sep 12, 2022
Sold by
Hunter Cherie
Bought by
Gross Sharon B and Gross Matthew T
Seller's Agent
Jeremy Thibault
NextHome Inspire
Buyer's Agent
Cindi Veenstra
eXp Realty LLC
List Price
$289,900
Sold Price
$275,500
Premium/Discount to List
-$14,400
-4.97%
Views
2
Current Estimated Value
$374,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,883
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Nov 5, 2009
Sold by
Hunter David
Bought by
Hunter Cherie

Purchase Details

Closed on
Dec 5, 2008
Sold by
Hunter David
Bought by
Hunter Cherie L

Purchase Details

Closed on
Aug 29, 2000
Sold by
Shinosky Beverly E
Bought by
Hunter David and Wf Cherie

Purchase Details

Closed on
Jun 5, 2000
Sold by
Hoffman Ralph and Wf Nancy
Bought by
Shinosky Beverly E

Purchase Details

Closed on
Sep 27, 1996
Sold by
Hoffman Ralph and Wf Nancy
Bought by
Living Trust Of R & N Hoffman

Purchase Details

Closed on
Jan 1, 1996
Sold by
Hoffman Dr Ralph and Hoffman Wife
Bought by
Shinosky Beverly E

Purchase Details

Closed on
Nov 14, 1995
Sold by
Hoffman Dr Ralph and Hoffman Wife
Bought by
Shinosky Beverly E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Sharon B $275,500 --
Hunter Cherie -- --
Hunter Cherie L -- --
Hunter David $179,900 --
Shinosky Beverly E $120,000 --
Living Trust Of R & N Hoffman -- --
Shinosky Beverly E $120,000 --
Shinosky Beverly E $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2022 09/13/22 Sold $275,500 -1.6% $72 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $279,900 -3.4% $73 / Sq Ft
06/20/2022 06/20/22 For Sale $289,900 -- $75 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,954 $159,300 $4,200 $155,100
2024 $4,823 $150,800 $4,200 $146,600
2023 $4,601 $131,600 $4,200 $127,400
2022 $4,654 $107,200 $4,200 $103,000
2021 $3,745 $100,700 $4,200 $96,500
2020 $3,694 $99,000 $4,200 $94,800
2019 $3,612 $98,900 $4,200 $94,700
2018 $3,547 $84,900 $4,200 $80,700
2017 $2,930 $85,800 $4,200 $81,600
2016 $2,905 $77,700 $4,200 $73,500
2015 -- $77,700 $0 $0
2014 -- $82,600 $0 $0
2013 -- $82,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50079290

Michigan Multiple Listing Service

APN: 070-100-013-011-00

Your Personal Tour Guide

Ask me questions while you tour the home.