NOT LISTED FOR SALE

5715 Willow Banks Rd Grayling, MI 49738

Estimated Value: $142,000 - $235,000

2 Beds
1 Bath
740 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $120,000 $162 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,219/month

36 Days on Market

Highlights

  • River Front
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Wood Flooring
  • Cottage
  • Living Room

About This Home

As of August 2020

Just wait until you see this place! Situated with 60 feet of prime frontage on the North Branch of the AuSable River, great spot for trout fishing! Within walking distance to Shupac Lake and close to the town of Lovells with lots of nearby state land and trails. Once you walk through the door, it will knock your socks off! Rustic knotty pine decor with updated Kitchen and bathroom. Dining Room overlooking the river with amazing views. Spacious living room with open concept to the kitchen area. 2 bedrooms complete with closet space. The shower is stunning! Delightful screened in porch on the river side, great place for morning coffee or an evening cocktail or just a nice peaceful place to read a book. New roof and windows too! The sound of the river is tranquil here! Hurry this one is going to go fast!!

Last Agent to Sell the Property

Michelle Millikin

Homewaters, LLC - Houghton Lake License #6501284936 Listed on: 05/19/2020

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,691

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 60 x 161 x 83 x 133
  • River Front

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 740 Sq Ft Home
  • Living Room
  • Dining Room
  • Crawl Space
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Schools

  • Grayling Elementary School
  • Grayling High School

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Well
  • Septic Tank
  • Septic System

Community Details

  • T28n R2w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 010-13-013-02-060-00
  • Tax Block 13

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,691

Lot Details

0

Listing Details

  • Directions: Hartwick Pines Road, Right onto County Road 612, Left onto Twin Bridge Road, to Left on Willow Banks Road. (follow these directions not the GPS)
  • Garage Yn: Yes
  • Lot Size: 60 X 161 X 83 X 133
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Water
  • Road Frontage Type: River
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved, Maintained
  • Water Body Name: North Branch AuSable River
  • NAV29_Unit_1_Appliances: Range/Oven, Refrigerator
  • Co List Office Phone: 989-302-2951
  • MLS Status: Closed
  • Subdivision Name: T28N R2W
  • Above Grade Finished Sq Ft: 740.0
  • Architectural Style: Cottage
  • ResoBuildingAreaSource: Old MLS
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 60 X 161 X 83 X 133
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Cottage
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Propane3: Yes
  • General Property Information:Acres: 0.24
  • HeatingAir Space Heater2: Yes
  • Location Tax and Legal Zoning2: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Tile
  • BasementFoundation:Crawl: Yes
  • Interior Features:Hardwood Floors: Yes
  • Interior Features Tile Floor: Yes

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Crawl

Garage/Parking

  • Property Information:Garage Stall2: 1
  • Property Information:Garage Type2: Detached/UN

Utilities

  • Sewer: Septic Tank
  • Heating: Propane, Space Heater
  • HeatingYN: Yes

Schools

  • Schools Elementary School: Grayling
  • Schools High School: Grayling
  • Elementary School: Grayling
  • High School: Grayling

Lot Info

  • Zoning: Residential
  • Lot Size Sq Ft: 10454.4
  • Parcel Number: 010-13-013-02-060-00

Tax Info

  • Tax Block: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Aug 7, 2020
Sold by
Monchilov Randy
Bought by
Swiney Kevan and Swiney Kimberly
Seller's Agent
Michelle Millikin
Homewaters, LLC - Houghton Lake
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
Sold Price
$120,000
Current Estimated Value
$188,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,279
Avg. Annual Appreciation
9.07%
Original Mortgage
$108,000
Outstanding Balance
$95,804
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$92,475

Purchase Details

Listed on
Dec 16, 2013
Closed on
Jun 29, 2016
Sold by
Ronald W Kisson Revocable Trust
Bought by
Monchilov Randy
Seller's Agent
Mark Bear
AuSable Outdoors, LLC
Buyer's Agent
Mark Bear
AuSable Outdoors, LLC
Sold Price
$71,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%

Purchase Details

Closed on
Jan 9, 2004
Sold by
Adkisson Rodney L and Adkisson Rick A
Bought by
Adkisson Ronald W Trust

Purchase Details

Closed on
Aug 8, 2003
Sold by
Adkisson Ronald W and Adkisson Bonnie J
Bought by
Adkisson Rodney L and Adkisson Rick A

Purchase Details

Closed on
Aug 1, 1987
Bought by
Adkisson
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
Swiney Kevan $120,000 --
Monchilov Randy $71,500 None Available
Adkisson Ronald W Trust -- --
Adkisson Rodney L -- --
Adkisson $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swiney Kevan $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $120,000 +67.8% $162 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/29/2016 06/29/16 Sold $71,500 -- $97 / Sq Ft View Prior Sale
05/29/2016 05/29/16 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 $2,691 $63,100 $63,100 $0
2024 $2,027 $58,600 $58,600 $0
2023 $2,023 $58,100 $58,100 $0
2022 $1,922 $56,500 $56,500 $0
2021 $2,462 $53,600 $53,600 $0
2020 $1,009 $40,700 $40,700 $0
2019 $1,606 $34,600 $34,600 $0
2018 $1,580 $33,900 $33,900 $0
2017 $1,317 $35,500 $35,500 $0
2016 $622 $33,000 $33,000 $0
2015 -- $33,000 $0 $0
2014 -- $36,400 $0 $0
2013 -- $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 323872

Water Wonderland Board of REALTORS®

APN: 010-13-013-02-060-00