NOT LISTED FOR SALE

5603 Jerry Ln Grayling, MI 49738

Estimated Value: $284,561 - $379,000

2 Beds
1 Bath
1,580 Sq Ft
$197/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $153,000 $97 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,735/month

159 Days on Market

Highlights

  • Docks
  • Deck
  • Cottage
  • Waterfront
  • Main Floor Bedroom
  • 1.5 Car Attached Garage

About This Home

As of December 2018

This right sized, easy maintenance, winter stable riverfront home has everything you need for a relaxing getaway instead of a weekend of painting and mowing and fixing. A beautiful three season sunroom and dinner with guests on the large deck. Plus a share in 80 acres of undeveloped property across the road surrounded by thousands of acres of state land. River frontage is buffered by a small island with a riverside deck. Small stream with foot bridge separates the island from mainland Lots of storage with a partial basement. You should have a look at this lovely river cottage. #7535

Last Agent to Sell the Property

Curt Jansen

Century 21 Realty North Grayling Brokerage Phone: (989) 348-5474 License #6501340092 Listed on: 06/21/2018

Century 21 Realty North Grayling

Last Buyer's Agent

Curt Jansen

Century 21 Realty North Grayling Brokerage Phone: (989) 348-5474 License #6501340092 Listed on: 06/21/2018

Century 21 Realty North Grayling

Home Details

Home Type

  • Single Family

Lot Details

  • Waterfront
  • Dirt Road
  • Adjoins Government Land
  • Hunting Land

Parking

  • 1.5 Car Attached Garage

Home Design

  • Cottage
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,580 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Basement

  • Michigan Basement
  • Crawl Space

Outdoor Features

  • Docks
  • Deck

Location

  • Outside City Limits

Utilities

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

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Lot Details

1.9 Acres

Listing Details

  • Above Grade Finished Sq Ft: 1360.00
  • Home Age: 31+ Years Approx
  • Directions: M-72 west 7 miles to N on Manistee River Rd 1 3/4 miles to L on Jerry Lane, 2nd drive on left.
  • Garage Yn: Yes
  • Lot Size: 210x315x150x293 plus isla
  • 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: Cottage
  • Total Bedrooms: 2
  • Water Size: 4
  • Attribution Contact: (989) 348-5474
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • AppliancesAndEquipmt: Curtain Rods, Drapes, Dryer, Microwave, Range/Oven, Refrigerator
  • BasementSpecifics: Michigan/Utility
  • Foreclosure: No
  • In City Limits: No
  • Interior Amenities: Doorwall
  • Laundry: Main Level
  • Total Bathrooms: 1.00
  • Basement Type: Residential Water

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Adj State/Federal Ld, Deck, Dock, Hunting Prop, Natural, TV Antenna
  • Foundation: Basement, Crawl
  • Road: Dirt, Unmaintained
  • Waterfront: Yes

Garage/Parking

  • Garage Size: 13 x 28
  • Garage Stall: 1.5
  • Garage Type: Attached/UN

Utilities

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

Association/Amenities

  • TaxesAndPossessionAssociationDues: Yes
  • TaxesAndPossessionAssociationFee: 80/year

Schools

  • Elem School Dist Number: 5603

Lot Info

  • Water Mineral Rights: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Dec 27, 2018
Sold by
Keith Janice K
Bought by
Wagner Bradley D and Wagner Kathleen
Seller's Agent
Curt Jansen
Century 21 Realty North Grayling
Buyer's Agent
Curt Jansen
Century 21 Realty North Grayling
Sold Price
$153,000
Current Estimated Value
$311,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,140
Avg. Annual Appreciation
10.33%
Original Mortgage
$145,350
Outstanding Balance
$127,806
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,334
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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Purchase History

Date Buyer Sale Price Title Company
Wagner Bradley D $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Bradley D $145,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $153,000 -- $97 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $1,387 $131,500 $131,500 $0
2024 $1,356 $129,400 $129,400 $0
2023 $1,296 $100,700 $100,700 $0
2022 $1,234 $92,200 $92,200 $0
2021 $2,213 $88,900 $88,900 $0
2020 $2,186 $82,500 $82,500 $0
2019 $1,589 $56,200 $56,200 $0
2018 $2,264 $57,400 $57,400 $0
2017 $1,603 $58,700 $58,700 $0
2016 $1,589 $59,500 $59,500 $0
2015 -- $59,500 $0 $0
2014 -- $55,400 $0 $0
2013 -- $46,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 314298

Water Wonderland Board of REALTORS®

APN: 032-159-000-015-00

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