NOT LISTED FOR SALE

5850 W 5 Mile Rd Grayling, MI 49738

Estimated Value: $149,000 - $266,000

13 Acres
$16,849 Price per Acre
583,704 Sq Ft Lot

Last Sold April 17, 2019

Last sale price $77,500 $39 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $1,363/month

111 Days on Market

Highlights

  • Farm
  • Pole Barn
  • Living Room
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Garden

About This Lot

As of April 2019

DEAL FELL THROUGH! Now's your chance.
Acreage, 13+
Pole Building
3 bedrooms
2 bathrooms
Located close to I-75 and Fox Run Golf Course in Grayling.
This house needs some TLC to make complete and would qualify for an FHA 203K renovation loan, Conventional Mortgage or Cash. Will NOT go Rural Development.

Last Agent to Sell the Property

TheTEAM Real Estate Group Gordon Hoyem, Brian Wallace, Justin Reed,

Berkshire Hathaway HomeServices License #6501270614 Listed on: 11/21/2018

Last Buyer's Agent

Cindy Clark

COLDWELL BANKER SCHMIDT GAYLORD License #6506043983

COLDWELL BANKER SCHMIDT GAYLORD

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1986

Lot Details

  • 13.4 Acre Lot
  • Dirt Road
  • Garden

Parking

  • Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Grayling Elementary School
  • Grayling High School

Farming

  • Farm

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 050-006-011-022-00
  • Tax Block 6

Community Details

Overview

  • T25n R3w Subdivision

Recreation

  • Pole Barn

Property Details

Property Type

Land

Est. Annual Taxes

$1,522

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Directions: Head northeast on Michigan Ave toward Cedar St/M-72 E. Take I-75 S to Oak Rd. Turn right at the 1st cross street onto Cedar St/M-72 E. Continue straight onto I-75BL. Use the right 2 lanes to take the ramp onto I-75 S. Take exit 251 for 4 Mile Rd. Turn right onto W 4 Mile Rd Continue on Oak Rd. Drive to W 5 Mile Rd
  • Garage Yn: Yes
  • Lot Size: 13.4 acres
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 2nd
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1986
  • PropertySubType: Residential Acreage
  • Road Frontage Type: None
  • ResoLaundryFeatures: Basement
  • Lot Size Acres: 13.4
  • Road Surface Type: Dirt, Maintained
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Microwave, Dryer
  • Co List Office Phone: 989-732-9555
  • MLS Status: Closed
  • Subdivision Name: T25N R3W
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: 2+ Story
  • ResoBuildingAreaSource: County Records
  • Contract Information:Short Sale: No
  • Property Information Waterfront: No
  • General Property Information Lot Size Dimensions: 13.4 acres
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Basement Specifics Full: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Propane3: Yes
  • General Property Information:Acres: 13.4
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • HeatingAir Baseboard2: Yes
  • Road Dirt2: Yes
  • HeatingAir Wall Furnace: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Full
  • BasementSpecificsBasementSize: 23 X 36
  • Interior Amenities: Ceiling Fan, Vaulted Ceiling(s)
  • Bedroom 3 Level: 2nd
  • Family Room Level: 1st
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Features Vaulted Ceilings2: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Exterior Features: Barn, Farm, Fixer-Upper, Garden Area, Pole Building
  • Waterfront: No
  • Foundation Details: Basement
  • Exterior Features Garden Area: Yes
  • Exterior Features Pole Building: Yes
  • Exterior Features:Barn: Yes
  • Exterior Features Farm: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: Pole Barn

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Propane, Wall Furnace
  • HeatingYN: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 583704.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 050-006-011-022-00

Tax Info

  • Tax Block: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Apr 17, 2019
Sold by
Galloway Roger D Est
Bought by
Kirby Peter
Seller's Agent
TheTEAM Real Estate Group Gordon Hoyem, Brian Wallace, Justin Reed,
Berkshire Hathaway HomeServices
Buyer's Agent
Cindy Clark
COLDWELL BANKER SCHMIDT GAYLORD
Sold Price
$77,500
Current Estimated Value
$225,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,273
Avg. Annual Appreciation
18.43%
Original Mortgage
$62,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2000
Sold by
Galloway Elizabeth
Bought by
Galloway Roger
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
Kirby Peter $77,500 --
Galloway Roger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirby Peter $82,500
Closed Kirby Peter $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2019 04/17/19 Sold $77,500 -- $39 / Sq Ft
03/12/2019 03/12/19 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 $1,522 $104,900 $104,900 $0
2024 $860 $99,900 $99,900 $0
2023 $822 $89,700 $89,700 $0
2022 $783 $72,200 $72,200 $0
2021 $1,375 $69,800 $69,800 $0
2020 $1,357 $44,000 $44,000 $0
2019 $1,507 $66,400 $66,400 $0
2018 $1,481 $62,900 $62,900 $0
2017 $909 $61,400 $61,400 $0
2016 $901 $55,100 $55,100 $0
2015 -- $55,100 $0 $0
2014 -- $53,000 $0 $0
2013 -- $57,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    TheTEAM Real Estate Group Gordon Hoyem, Brian Wallace, Justin Reed,

    Berkshire Hathaway HomeServices

  • Cindy Clark

    Buyer's Agent in 2019

    Cindy Clark

    COLDWELL BANKER SCHMIDT GAYLORD

    (989) 350-5520

    102 Total Sales

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 316863

Water Wonderland Board of REALTORS®

APN: 050-006-011-022-00

Michigan Crawford County Grayling 49738

5850 W 5 Mile Rd, Grayling, MI

This home is located at 5850 W 5 Mile Rd, Grayling, MI 49738 since 21 November 2018 and is currently estimated at $225,773, approximately $114 per square foot. This property was built in 1986. 5850 W 5 Mile Rd is a home located in Crawford County with nearby schools including Grayling Elementary School, Grayling Middle School, and Grayling High School.

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