NOT LISTED FOR SALE

5481 Emily Ln Grayling, MI 49738

Estimated Value: $182,905 - $236,000

3 Beds
2 Baths
1,456 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $127,000 $87 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,168/month

39 Days on Market

Highlights

  • Ranch Style House
  • First Floor Utility Room
  • Fireplace
  • Mud Room
  • 2 Car Detached Garage
  • Living Room

About This Home

As of November 2021

Looking for a peaceful place to call home? HERE IT IS! This 3 bedroom, 2 bath ranch is set on a heavily wooded 3 lots totaling 1.822 Acres. Beautiful wood burning fireplace in the living area, and a massive walk-in closet in the Master Suite. Two-car garage boasts tons of storage space. Located close to State Land, I-75, the new KCC Nursing Building, and 2 miles away from the Arauco Board Plant location! This property sits on three adjoining lots with the home in the center lot. Exterior two lots are ready to build on! Don't let this one pass you by! Call today

Last Agent to Sell the Property

Pete Kocefas

Century 21 Realty North Grayling Brokerage Phone: (989) 348-5474 License #6501168421 Listed on: 10/05/2021

Century 21 Realty North Grayling

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 1.8

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,456 Sq Ft Home
  • Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry on main level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1456.00
  • Home Age: 16-20 Years Approx
  • Directions: I-75 Exit, to East on 4 mile Road. South onto Old 27. Right to Emily Lane, Home is 2nd on the Left.
  • Garage Yn: Yes
  • Lot Size: 1.822 acres
  • Open House Office I D: 20050121235000553727000000
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: Ranch
  • Total Bedrooms: 3
  • Year Built: 2001
  • Attribution Contact: (989) 348-5474
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • BasementSpecifics: None
  • Foreclosure: No
  • Interior Amenities: Fireplace
  • Laundry: Main Level
  • Other Rooms: Master Suite, Mud Room
  • Bedroom 3 Level: 1st
  • Utility Room Level: 1st
  • Total Bathrooms: 2.00
  • Basement Type: Residential Lot

Exterior Features

  • Exterior Construction: HUD Sectional
  • Exterior: Vinyl
  • Foundation: Crawl
  • Road: Gravel, Maintained
  • Waterfront: No

Garage/Parking

  • Garage Size: 24 x 24
  • Garage Stall: 2
  • Garage Type: Detached/UN

Utilities

  • Heating Air: Forced Air, Propane
  • Internet Access: Unknown
  • Sewer: Septic
  • Hot Water: Well

Schools

  • School District: Crawford Ausable
  • Elem School Dist Number: 5481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Nov 30, 2021
Sold by
Rizzi Mark
Bought by
Peacock Roland and Peacock Jill M
Seller's Agent
Pete Kocefas
Century 21 Realty North Grayling
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
Sold Price
$127,000
Current Estimated Value
$208,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,476
Avg. Annual Appreciation
12.69%
Original Mortgage
$75,000
Outstanding Balance
$68,642
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$139,834
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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Purchase History

Date Buyer Sale Price Title Company
Peacock Roland $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peacock Roland $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $127,000 +82.7% $87 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
08/11/2014 08/11/14 Sold $69,500 -- $48 / Sq Ft View Prior Sale
08/06/2014 08/06/14 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 $1,067 $102,800 $102,800 $0
2024 $1,043 $91,200 $91,200 $0
2023 $997 $58,700 $58,700 $0
2022 $914 $53,800 $53,800 $0
2021 $1,329 $50,200 $50,200 $0
2020 $1,312 $47,600 $47,600 $0
2019 $1,282 $44,100 $44,100 $0
2018 $1,260 $40,700 $40,700 $0
2017 $785 $40,700 $40,700 $0
2016 $793 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201815533

Water Wonderland Board of REALTORS®

APN: 052-150-000-002-01