NOT LISTED FOR SALE

7028 Merrio Rd Grayling, MI 49738

Estimated Value: $238,000 - $274,000

10 Acres
$25,384 Price per Acre
435,600 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $235,000 $165 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,541/month

58 Days on Market

Highlights

  • Chalet
  • Vaulted Ceiling
  • 2.5 Car Detached Garage
  • Deck
  • No HOA
  • Fireplace

About This Lot

As of January 2024

Your Up North home awaits! Perfect for seasonal or year round living. Newly remodeled 3 bedroom, 2 bath on 10 acres bordering state land. Motivated seller with many updates! New hot water tank, cabinets, windows, countertops, lighting, electrical wiring, trim, flooring and much more. Merrio is a county maintained road. Beautifully secluded home and property but just minutes from I-75. Sellers offering a $10,000 credit for the roof of the home.

Last Listed By

Katie Smith

Berkshire Hathaway HomeServices License #6501414674 Listed on: 10/11/2023

Berkshire Hathaway HomeServices

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 328 x 1328
  • Dirt Road
  • Adjoins Government Land

Home Design

  • Chalet
  • Frame Construction

Interior Spaces

  • 1,426 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace
  • Living Room
  • Dining Room
  • Basement
  • Michigan Basement
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 2.5 Car Detached Garage
  • Heated Garage

Location

  • Outside City Limits

Utilities

  • Heating System Uses Wood
  • Heating System Uses Propane
  • Well
  • Septic System
  • Internet Available
  • Satellite Dish

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck

Property Details

Property Type

Land

Est. Annual Taxes

$1,604

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Renovated: 2023.00
  • Above Grade Finished Sq Ft: 1426.00
  • Home Age: 31+ Years Approx
  • Directions: Old 27 South to 5 Mile. Property is on corner of 5 Mile and Merrio Rd.
  • Garage Yn: Yes
  • Lot Size: 328 x 1328
  • Open House Office I D: 20050121235031203554000000
  • Prop. Type: Residential
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • OFFICELIST_STATE: MI
  • Building Style: Chalet
  • Total Bedrooms: 3
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • AppliancesAndEquipmt: Blinds, Ceiling Fan, Curtain Rods, Dishwasher, Drapes, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer
  • BasementSpecifics: Michigan/Utility
  • BasementSpecificsBasementSize: 25x35
  • Foreclosure: No
  • Lower Floor 1 Half Bathrooms: 1
  • In City Limits: No
  • Interior Amenities: Fireplace, Smoke Detector, Stacked Washer/Dryer, Vaulted Ceilings
  • Laundry: Main Level
  • Total Bathrooms: 2.00
  • Basement Type: Residential Acreage

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Wood
  • Exterior Features: Adj State/Federal Ld, Deck, Satellite Dish
  • Foundation: Basement
  • Road: Dirt, Maintained
  • Waterfront: No

Garage/Parking

  • Garage Size: 24x24
  • Garage Stall: 2.5
  • Garage Type: Detached/HTD

Utilities

  • Heating Air: Propane, See Remarks, Wood
  • Internet Access: Satellite
  • Sewer: Septic
  • Hot Water: Well

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • School District: Crawford Ausable
  • School District: Crawford Ausable
  • Elem School Dist Number: 7028

Lot Info

  • Water Mineral Rights: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 18, 2024
Sold by
Lillis Kenneth
Bought by
Freeman William Mibry and Freeman Marcy
Seller's Agent
Katie Smith
Berkshire Hathaway HomeServices
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
List Price
$285,000
Sold Price
$235,000
Premium/Discount to List
-$50,000
-17.54%
Total Days on Market
58
Views
417
Current Estimated Value
$253,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,843
Avg. Annual Appreciation
6.11%
Original Mortgage
$176,250
Outstanding Balance
$173,987
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$79,856

Purchase Details

Closed on
Feb 25, 2019
Sold by
Lillis Lavina F
Bought by
Lillis Kenneth E

Purchase Details

Closed on
Dec 11, 2009
Bought by
Lillis Kenneth and Lillis Lavina

Purchase Details

Closed on
Dec 3, 2009
Bought by
Lillis Kenneth and Lillis Lavina F

Purchase Details

Closed on
Aug 30, 2008
Bought by
Aurora Loan Service

Purchase Details

Closed on
Aug 20, 2008
Sold by
Sheriffs Deed
Bought by
Auora Loan Services

Purchase Details

Closed on
Dec 18, 1998
Sold by
Stillwell Frederick
Bought by
Grala Jodon T

Range of Values:

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Average Value
Not Available
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
Freeman William Mibry $235,000 --
Lillis Kenneth E -- --
Lillis Kenneth E -- --
Lillis Kenneth $27,000 --
Lillis Kenneth -- --
Aurora Loan Service $8,234,000 --
Auora Loan Services -- --
Grala Jodon T $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mibry Freeman William $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $235,000 -11.0% $165 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
11/15/2023 11/15/23 Price Changed $264,000 -1.9% $185 / Sq Ft
10/20/2023 10/20/23 Price Changed $269,000 -5.6% $189 / Sq Ft
10/11/2023 10/11/23 For Sale $285,000 -- $200 / Sq Ft
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 $1,604 $69,200 $69,200 $0
2023 $1,538 $62,200 $62,200 $0
2022 $1,460 $51,700 $51,700 $0
2021 $1,980 $46,600 $46,600 $0
2020 $1,954 $46,100 $46,100 $0
2019 $1,912 $44,400 $44,400 $0
2018 $1,875 $42,700 $42,700 $0
2017 $1,398 $41,700 $41,700 $0
2016 $1,386 $37,300 $37,300 $0
2015 -- $37,300 $0 $0
2014 -- $36,300 $0 $0
2013 -- $39,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Katie Smith

    Berkshire Hathaway HomeServices

    (989) 732-9555

    44 Total Sales

    Katie Smith
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MEMBER MLS

    MLS NON-MEMBER

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201826792

Water Wonderland Board of REALTORS®

APN: 050-009-001-115-00

Michigan Crawford County Grayling 48653

7028 Merrio Rd, Grayling, MI

Homes for Sale in Grayling, MI

This home is located at 7028 Merrio Rd, Grayling, MI 49738 since 11 October 2023 and is currently estimated at $253,843, approximately $178 per square foot. This property was built in 1979. 7028 Merrio 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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