NOT LISTED FOR SALE

501 Timber Trail Grayling, MI 49738

Estimated Value: $125,000 - $198,215

10 Acres
$16,405 Price per Acre
435,600 Sq Ft Lot

Last Sold April 17, 2014

Last sale price $43,000 $45 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $984/month

50 Days on Market

About This Lot

As of April 2014

Grayling Area 3 bedroom 1 bath ranch style home with full unfinished basement and large dome shaped detached garage located on 10 acres. Not far from State Land and area trails. Owner occupant home buyer incentive on offers submitted between 2/18/14 and 4/15/14 with escrow closed on or before 5/30/14 can choose one of the following: $500 Condo Cash towards standard condominium association dues $500 towards Flood Insurance Coverage $500 towards Home Warranty

Last Agent to Sell the Property

Sandy Jansen

Century 21 Realty North Higgins Lake Brokerage Email: info@higginslakeinfo.com License #6502359311 Listed on: 02/11/2014

Last Buyer's Agent

Sandy Jansen

Century 21 Realty North Higgins Lake Brokerage Email: info@higginslakeinfo.com License #6502359311 Listed on: 02/11/2014

Property Details

Property Type

  • Land

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 325x1290
  • Dirt Road

Parking

  • 3 Car Garage

Home Design

  • 960 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Septic System

Additional Features

  • Basement

Property Details

Property Type

Land

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 960.00
  • Directions: I-75 NORTH TO RIGHT ON 4 MILE, LEFT ON STALEY, RIGHT ON TIMBER
  • Lot Size: 325x1290
  • Open House Office I D: 20201117195411285537000000
  • Prop. Type: Residential
  • OFFICELIST_STATE: MI
  • Building Style: Ranch
  • Total Bedrooms: 3
  • Year Built: 1993
  • Attribution Contact: info@higginslakeinfo.com
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Bathrooms: 1.00
  • Basement Type: Residential Acreage

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Vinyl
  • Foundation: Basement
  • Road: Dirt
  • Waterfront: No

Garage/Parking

  • Garage Stall: 3

Utilities

  • Heating Air: Baseboard, None
  • Sewer: Septic

Schools

  • Elem School Dist Number: 501

Lot Info

  • Water Mineral Rights: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 16, 2014
Bought by
Jones David P and Jones Tammy L
Seller's Agent
Sandy Jansen
Century 21 Realty North Higgins Lake
Buyer's Agent
Sandy Jansen
Century 21 Realty North Higgins Lake
Sold Price
$43,000
Current Estimated Value
$164,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,054
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
Jun 19, 2013
Sold by
Wells Fargo Bank
Bought by
Dunham Glenn E

Purchase Details

Closed on
Apr 1, 1993
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
Jones David P $43,000 --
Dunham Glenn E $75,000 --
-- $4,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2014 04/17/14 Sold $43,000 -- $45 / Sq Ft
04/02/2014 04/02/14 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 $1,525 $77,400 $9,000 $68,400
2024 $1,496 $73,800 $9,000 $64,800
2023 $1,434 $63,300 $9,000 $54,300
2022 $1,362 $53,300 $9,000 $44,300
2021 $1,861 $50,000 $9,000 $41,000
2020 $1,839 $48,600 $9,000 $39,600
2019 $1,803 $43,000 $9,000 $34,000
2018 $1,759 $41,000 $9,000 $32,000
2017 $1,304 $37,500 $9,000 $28,500
2016 $1,293 $34,600 $34,600 $0
2015 $1,702 $34,600 $0 $0
2014 -- $35,100 $0 $0
2013 -- $34,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 21112006

Water Wonderland Board of REALTORS®

APN: 040-41-036-05-035-00