NOT LISTED FOR SALE

5059 E M-72 Hwy Grayling, MI 49738

Estimated Value: $266,034 - $401,000

15 Acres
$21,917 Price per Acre
653,400 Sq Ft Lot

Last Sold April 24, 2014

Last sale price $127,000 $43 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,869/month

131 Days on Market

Highlights

  • 15 Acre Lot
  • Ranch Style House
  • First Floor Utility Room
  • Deck
  • Pole Barn
  • Living Room

About This Lot

As of April 2014

UP NORTH LIVING AT IT’S FINEST! THIS SPACIOUS 1470 SQUARE FOOT HOME IS NESTLED ON 15 ACRES WHICH BACKS UP TO THE HURON NATIONAL FORESTS WAKELEY LAKE AND ALSO HAS FEDERAL LAND ACROSS THE STREET! THE HOME FEATURE 3 BEDROOMS, 2 BATHROOMS LARGE KITCHEN AND DINING AREA LARGE LIVING ROOM, MASTER SUITE AND FULL BASEMENT! THE PROPERTY HAS 2 LARGE 24x32 POLE BARNS BOTH WITH ELECTRICITY ONE HAS A CONCRETE FLOOR WITH A 18x 32 LEAN TOO AND THE OTHER ONE HAS A DIRT FLOOR, THE LAND HAS A GREAT MIXTURE OF WOODS PERFECT FOR HUNTING WITH A COUPLE EIGHT POINT AND 9 POINT BUCKS SEEN ON THE PROPERTY ALONG WITH AN ABUNDANCE OF OTHER WILDLIFE!

Last Agent to Sell the Property

Kevin Nagel

CB Schmidt Houghton Lake License #6506048782 Listed on: 10/26/2013

CB Schmidt Houghton Lake

Last Buyer's Agent

Non-Member Out of Area Agent

Out of Area Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 1996

Lot Details

  • 15 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,940 Sq Ft Home
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Central Heating
  • Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 040-40-024-11-080-00

Property Details

Property Type

Land

Est. Annual Taxes

$1,674

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: M-72 W of Chase Bridge
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1996
  • PropertySubType: Residential Acreage
  • Lot Size Acres: 15.0
  • NAV29_Unit_1_Appliances: Water Heater, Washer, Range/Oven, Refrigerator, Dryer, Dishwasher
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1470.0
  • Architectural Style: Ranch
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Ranch
  • Property Information Construction: Frame
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt RangeOven: Yes
  • Appliances Equipmt Water Heater: Propane
  • HeatingAir Central Air2: Yes
  • General Property Information:Acres: 15.0
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Other
  • Bedroom 3 Level: 1st
  • Utility Room Level: 1st
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Deck, Pole Building
  • Waterfront: No
  • Foundation Details: Basement
  • Exterior Features:Deck: Yes
  • Exterior Features Pole Building: Yes

Garage/Parking

  • Property Information:Garage Stall2: 4

Utilities

  • Sewer: Septic Tank
  • Heating: Central Air
  • HeatingYN: Yes

Lot Info

  • Lot Size Sq Ft: 653400.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 040-40-024-11-080-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2013
Closed on
Apr 24, 2014
Sold by
Kurt R Kurt R and Kiessel Kurt
Bought by
Hunt Barry Alan
Seller's Agent
Kevin Nagel
CB Schmidt Houghton Lake
Buyer's Agent
Non-Member Out of Area Agent
Out of Area Office
Sold Price
$127,000
Current Estimated Value
$328,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,759
Avg. Annual Appreciation
8.61%
Original Mortgage
$121,800
Outstanding Balance
$92,834
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,925

Purchase Details

Closed on
Feb 18, 1998
Sold by
Kiessel Kurt and Kiessel Cheryl
Bought by
Western United Life Assurance

Purchase Details

Closed on
Jun 1, 1994
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
Hunt Barry Alan $127,000 Three Lakes Abstract
Western United Life Assurance $24,200 --
-- $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Barry Alan $121,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2014 04/24/14 Sold $127,000 -- $43 / Sq Ft
03/06/2014 03/06/14 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 $1,674 $104,600 $13,500 $91,100
2024 $1,018 $98,600 $13,500 $85,100
2023 $973 $83,300 $13,500 $69,800
2022 $927 $71,400 $13,500 $57,900
2021 $1,417 $67,300 $13,500 $53,800
2020 $1,400 $67,700 $13,500 $54,200
2019 $1,367 $58,600 $13,500 $45,100
2018 $1,346 $55,600 $13,500 $42,100
2017 $943 $65,600 $13,500 $52,100
2016 $935 $60,000 $60,000 $0
2015 $1,287 $60,000 $0 $0
2014 -- $57,600 $0 $0
2013 -- $56,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Nagel

    Seller's Agent in 2014

    Kevin Nagel

    CB Schmidt Houghton Lake

    (989) 422-6876

    2 in this area

    302 Total Sales

    Kevin Nagel
    Section Image

  • N

    Buyer's Agent in 2014

    Non-Member Out of Area Agent

    Out of Area Office

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 21111322

Water Wonderland Board of REALTORS®

APN: 040-40-024-11-080-00

Michigan Crawford County Grayling 49738

5059 E M-72 Hwy, Grayling, MI

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