NOT LISTED FOR SALE

5692 S Stephan Bridge Rd Grayling, MI 49738

Estimated Value: $173,000 - $198,000

2.5 Acres
$72,694 Price per Acre
108,900 Sq Ft Lot

Last Sold June 27, 2014

Last sale price $68,000 $60 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,073/month

306 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Adjoins Government Land
  • 2 Car Attached Garage
  • Living Room
  • Shed

About This Lot

As of June 2014

2 bedrooms, 2 baths, large garage comes furnished, has a small Koi pond, large screened in cedar deck, and a partial basement. This home features new roof in 2011, new garage door, new hot water heater, and state land across the road.

Betty Partello

RE/MAX of Higgins Lake License #6502390323 Listed on: 07/05/2013

RE/MAX of Higgins Lake

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $781

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 165x660
  • Dirt Road
  • Adjoins Government Land
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,130 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio
  • Shed

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Propane
  • Well
  • Septic System
  • TV Antenna

Property Details

Property Type

Land

Est. Annual Taxes

$781

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1130.00
  • Home Age: 31+ Years Approx
  • Directions: M72 east Right on Stephan Br Road house is on the right about half mile before four mile road
  • Garage Yn: Yes
  • Lot Size: 165x660
  • Open House Office I D: 20110803142014000585000000
  • Prop. Type: Residential
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: Ranch
  • Total Bedrooms: 2
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • AppliancesAndEquipmt: Dryer, Garage Door Opener, Range/Oven, Refrigerator, Washer
  • BasementSpecifics: Partial
  • BasementSpecificsBasementSize: 20x20
  • Laundry: Basement
  • Other Rooms: Family Room
  • Total Bathrooms: 2.00
  • Basement Type: Residential Acreage

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Aluminum, Shingles
  • Exterior Features: Adj State/Federal Ld, Landscaped, Patio/Porch, Shed, TV Antenna
  • Foundation: Basement
  • Road: Dirt, Maintained
  • Waterfront: No

Garage/Parking

  • Garage Stall: 2
  • Garage Type: Attached/UN

Utilities

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

Schools

  • Elem School Dist Number: 5692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2013
Closed on
Jun 27, 2014
Sold by
Rex A Rex A and Sortor Cynthia A
Bought by
Castle John W
Buyer's Agent
Betty Partello
RE/MAX of Higgins Lake
Sold Price
$68,000
Total Days on Market
306
Current Estimated Value
$181,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,735
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Jun 16, 2008
Sold by
Mierzejewski M Virgina
Bought by
Mierzejewski, M Virgina Trust

Purchase Details

Closed on
Nov 7, 2001
Sold by
Wolvin John
Bought by
Mierzejewski M Virgina

Purchase Details

Closed on
Jul 23, 2001
Sold by
Wolvin John and Wolvin Gail
Bought by
Wolvin John

Purchase Details

Closed on
Sep 5, 2000
Sold by
Burton Lureda L and Burton George R
Bought by
Wolvin John and Wolvin Gail

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
Castle John W $68,000 Three Lakes Abstract & Title
Mierzejewski, M Virgina Trust -- --
Mierzejewski M Virgina $79,900 --
Wolvin John -- --
Wolvin John $57,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castle John W $4,658
Open Castle John W $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $68,000 -- $60 / Sq Ft
05/07/2014 05/07/14 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
2024 $781 $82,500 $4,000 $78,500
2023 $747 $68,700 $4,000 $64,700
2022 $711 $59,800 $4,000 $55,800
2021 $1,102 $55,500 $4,000 $51,500
2020 $1,089 $53,800 $4,000 $49,800
2019 $1,064 $45,600 $4,000 $41,600
2018 $1,047 $42,400 $4,000 $38,400
2017 $724 $41,200 $4,000 $37,200
2016 $718 $37,300 $37,300 $0
2015 $1,005 $37,300 $0 $0
2014 -- $35,600 $0 $0
2013 -- $35,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 285814

Water Wonderland Board of REALTORS®

APN: 040-40-031-13-140-00