NOT LISTED FOR SALE

7289 Merrio Rd Grayling, MI 49738

Estimated Value: $202,339 - $259,000

5.2 Acres
$43,612 Price per Acre
226,512 Sq Ft Lot

Last Sold August 17, 2018

Last sale price $89,900 $72 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,278/month

19 Days on Market

Highlights

  • Second Garage
  • Vaulted Ceiling
  • Sun or Florida Room
  • Wood Burning Stove
  • Pole Barn
  • 2 Car Detached Garage

About This Lot

As of August 2018

Five beautiful acres adjoining stat land, 2-car heated garage, additional 24 x 36 steel building all come with this 3-bedroom home just off Five Mile Rd south of Grayling. Storage is no issue here and, bordering state land, room to roam isn't either. The home needs some finish work, and the stack of trim is in the garage to do it. A little TLC and your northern Michigan spot will be all set.

Last Agent to Sell the Property

Aaron Raymond

Century 21 Realty North Grayling Brokerage Phone: (989) 348-5474 License #6506046469 Listed on: 06/19/2018

Century 21 Realty North Grayling

Last Buyer's Agent

Aaron Raymond

Century 21 Realty North Grayling Brokerage Phone: (989) 348-5474 License #6506046469 Listed on: 06/19/2018

Century 21 Realty North Grayling

Property Details

Property Type

  • Land

Lot Details

  • Adjoins Government Land
  • Hunting Land

Home Design

  • Frame Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Second Garage
  • Heated Garage

Outdoor Features

  • Pole Barn
  • Shed

Utilities

  • Heating System Uses Wood
  • Heating System Uses Propane
  • Propane
  • Well
  • Septic System

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 1248.00
  • Home Age: 31+ Years Approx
  • Directions: 4 Mile Rd to Old 27 south to 5 Mile Rd to Merrio Rd to sign on left.
  • Garage Yn: Yes
  • Lot Size: 330 x 660m/l
  • 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: 1+ Story
  • Total Bedrooms: 3
  • Attribution Contact: (989) 348-5474
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • AppliancesAndEquipmt: Dryer, Range/Oven, Refrigerator, Washer
  • AppliancesAndEquipmtLPTank: Own
  • BasementSpecifics: None
  • Foreclosure: No
  • Interior Amenities: Vaulted Ceilings, Wood Stove
  • Laundry: Main Level
  • Other Rooms: Sun Room
  • Bedroom 3 Level: 2nd
  • Total Bathrooms: 1.00
  • Basement Type: Residential Acreage

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Wood
  • Exterior Features: Adj State/Federal Ld, Extra Garage, Hunting Camp, Hunting Prop, Natural, Pole Building, Shed
  • Foundation: Crawl
  • Road: Gravel, Maintained
  • Waterfront: No

Garage/Parking

  • Garage Size: 24 x 24 & 24 x 36
  • Garage Stall: 2
  • Garage Type: Detached/HTD

Utilities

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

Schools

  • Elem School Dist Number: 7289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Aug 17, 2018
Sold by
Gacioch Terrence L
Bought by
Wagerly Charles J
Seller's Agent
Aaron Raymond
Century 21 Realty North Grayling
Buyer's Agent
Aaron Raymond
Century 21 Realty North Grayling
Sold Price
$89,900
Current Estimated Value
$226,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,880
Avg. Annual Appreciation
13.34%
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
Wagerly Charles J $89,900 Lighthouse Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $89,900 -- $72 / Sq Ft
07/08/2018 07/08/18 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 $1,127 $78,800 $5,600 $73,200
2024 $1,101 $75,800 $5,600 $70,200
2023 $1,053 $67,200 $5,600 $61,600
2022 $1,003 $60,000 $5,600 $54,400
2021 $1,749 $57,700 $5,600 $52,100
2020 $1,726 $57,400 $5,600 $51,800
2019 $1,686 $55,300 $5,600 $49,700
2018 $2,177 $49,800 $5,600 $44,200
2017 $1,629 $48,800 $5,600 $43,200
2016 $1,615 $46,000 $5,600 $40,400
2015 -- $46,000 $0 $0
2014 -- $44,400 $0 $0
2013 -- $44,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 314266

Water Wonderland Board of REALTORS®

APN: 050-009-001-100-01