NOT LISTED FOR SALE

505 Peninsular Ave Grayling, MI 49738

Estimated Value: $234,000 - $280,000

3 Beds
3 Baths
4,448 Sq Ft
$58/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2024

Last sale price $250,000 $56 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,859 / mo

128 Days on Market

Highlights

  • Sauna
  • Wood Flooring
  • Game Room
  • Deck
  • Main Floor Primary Bedroom
  • Home Office

About This Home

As of December 2024

This iconic 1920's home offers charm, space, comfort and location in the heart of the city. You can walk to nearly everything, just a block to downtown. Three bedrooms and three baths with a huge living room, formal dining room, large family room and a first floor master bedroom. Also a generous dedicated laundry/pantry. Expansive decking for entertainment overlooking the beautiful landscaped, sprinklered and fully fenced grounds. Of course a giant, attached, heated garage, paved drive and automatic generator. And then the finished basement with an additional kitchen, living room, office area, full bath and a sauna. Fresh roof in 2023. Measurements and square footage are approximate, buyers or their agent should verify.

Last Agent to Sell the Property

Curt Jansen

Century 21 Realty North Grayling Brokerage Phone: (989) 348-5474 License #6501340092 Listed on: 07/24/2024

Century 21 Realty North Grayling

Co-Listed By

Sally Jansen

Century 21 Realty North Grayling Brokerage Phone: (989) 348-5474 License #6501431102

Last Buyer's Agent

Charlene Scheer

Premier Waterfront Realty License #6502378729

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • Lot Dimensions are 120 x 135
  • Fenced
  • Landscaped
  • Sprinkler System
  • Garden

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,448 Sq Ft Home
  • Fireplace
  • Drapes & Rods
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Game Room
  • First Floor Utility Room
  • Sauna
  • Home Gym
  • Wood Flooring
  • Finished Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Municipal Utilities District for Water and Sewer
  • Cable TV Available

Community Details

  • City Of Grayling Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070-100-014-002-00
  • Tax Block 14

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0.37 Acres

Listing Details

  • Directions: I-75 Business Loop to N on Michigan Ave 1 block to W on Peninsular to home on left.
  • Garage Yn: Yes
  • Lot Size: 120 x 135
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 2nd
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1921
  • Attribution Contact: (989) 348-5474
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Paved, Maintained
  • Co List Office Phone: 989-348-5474
  • MLS Status: Closed
  • Subdivision Name: City of Grayling
  • Above Grade Finished Sq Ft: 2644.0
  • Architectural Style: 2+ Story
  • ResoBuildingAreaSource: County Records
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 120 x 135
  • Property Information Total Bathrooms2: 3.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Foundation Basement2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Garage Door Opener2: Yes
  • Laundry Main Level: Yes
  • HeatingAir Natural Gas4: Yes
  • Exterior Features Fence: Yes
  • Appliances Equipmt Curtain Rods: Yes
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • HeatingAir Baseboard2: Yes
  • Appliances Equipmt Drapes: Yes
  • HeatingAir Hot Water3: Yes
  • Water Municipal3: Yes
  • Sewer Municipal4: Yes
  • Appliances Equipmt Garbage Disposal2: Yes
  • Appliances Equipmt Cook Top: Yes
  • Appliances Equipmt Wall Oven: Yes
  • Basement Specifics Full-Finished: Yes
  • Other Rooms Game Room: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Finished
  • BasementSpecificsPercentage: 90.0
  • Interior Amenities: Curtain Rods, Cook Top, Dishwasher, Drapes, Dryer, Garbage Disposal, Garage Door Opener, Refrigerator, Wall Oven, Washer, Sauna, Doorwall, 1st Flr Master Bdrm
  • Bedroom 3 Level: 2nd
  • Family Room Level: 1st
  • Utility Room Level: 1st
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Features Fireplace3: Yes
  • Interior Features 1st Flr Master Bdrm: Yes
  • Other Rooms:Office2: Yes
  • Interior Features:Hardwood Floors: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Exercise Room: Yes
  • Interior Features:Sauna: Yes

Exterior Features

  • Exterior Features: Automatic Generator, Cable TV, Deck, Fence, Garden Area, Landscaped, Paved Driveways, Sprinkler System, Workshop
  • Waterfront: No
  • Construction Type: Vinyl
  • Foundation Details: Basement
  • Exterior Features:Deck: Yes
  • Exterior Features Garden Area: Yes
  • Exterior Features:Landscaped: Yes
  • Exterior Features:Cable TV: Yes
  • Exterior Features Paved Driveways: Yes
  • Exterior Features Workshop: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features Automatic Generator: Yes

Garage/Parking

  • Property Information:Garage Stall2: 4
  • Property Information:Garage Type2: Attached/HTD

Utilities

  • Sewer: Municipal
  • Heating: Baseboard, Hot Water, Natural Gas
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Junior High Dist: Crawford Ausable

Lot Info

  • Parcel Number: 070-100-014-002-00

Tax Info

  • Tax Block: 14

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Dec 30, 2024
Sold by
Bought by
Seller's Agent
Curt Jansen
Century 21 Realty North Grayling
Buyer's Agent
Charlene Scheer
Premier Waterfront Realty
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
154
Current Estimated Value
$259,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,804
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Feb 3, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2024 12/30/24 Sold $250,000 -9.1% $56 / Sq Ft
10/25/2024 10/25/24 Price Changed $275,000 0.0% $62 / Sq Ft
10/25/2024 10/25/24 For Sale $275,000 -8.0% $62 / Sq Ft
10/22/2024 10/22/24 Off Market $299,000 -- --
08/11/2024 08/11/24 Price Changed $299,000 -8.0% $67 / Sq Ft
07/23/2024 07/23/24 For Sale $325,000 -- $73 / Sq Ft
Source: Water Wonderland Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,494 $135,200 $4,700 $130,500
2025 $4,503 $129,500 $4,700 $124,800
2024 $2,147 $103,400 $4,700 $98,700
2023 $2,048 $71,400 $4,700 $66,700
2022 $1,951 $63,400 $4,700 $58,700
2021 $2,381 $59,700 $4,700 $55,000
2020 $2,348 $58,000 $4,700 $53,300
2019 $2,296 $57,100 $4,700 $52,400
2018 $2,255 $53,300 $4,700 $48,600
2017 $1,863 $54,000 $4,700 $49,300
2016 $1,847 $49,400 $4,700 $44,700
2015 -- $49,400 $0 $0
2014 -- $52,200 $0 $0
2013 -- $53,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201830791

Water Wonderland Board of REALTORS®

APN: 070-100-014-002-00

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