NOT LISTED FOR SALE

7690 Dam Four Rd Grayling, MI 49738

Estimated Value: $263,000 - $487,000

4 Beds
1 Bath
1,560 Sq Ft
$218/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $183,000 $117 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,175/month

Highlights

  • Docks
  • Deck
  • Cottage
  • Waterfront
  • Main Floor Bedroom
  • Living Room

About This Home

As of February 2021

Most anglers know this property as The Dam Four Cabin but it was once called The Au Sable Trout and Game Club and Henry Ford was among it's members. Fish the same waters he, Firestone and Edison did! The cabin sits just a few yards from the waters edge and affords spectacular views. An enormous riverside deck provides a perfect spot to enjoy a cocktail and await the hatch. The cabin itself offers four bedrooms, a renovated family room, dining room and kitchen as well as a separate living room overlooking the water. The setting here simply cannot be duplicated with wide open space for casting, abroad shallow gravel bottom for wading, no other visible neighbors, no commercial canoe traffic and excellent numbers of wild brown, brook and the occasional rainbow trout to chase. UPDATE: Sellers The source for information of this property is the seller and township, accuracy of said information is not guaranteed, lot size and frontages are per the legal description. It is recommended to the buyer that any information, which is of special interest, should be obtained through independent verification. ALL MEASUREMENTS ARE APPROXIMATE Purchaser is advised to confirm facts that are material to the property.

Last Agent to Sell the Property

Michelle Millikin

Homewaters, L.L.C. Grayling License #6501284936 Listed on: 02/01/2021

Last Buyer's Agent

Craig Hinkle

Re/Max Of Grayling License #6502121227

Re/Max Of Grayling

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 1900

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 346 x 150 x 345 x 130
  • Waterfront

Parking

  • 1 Car Garage

Home Design

  • Cottage
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Deck

Utilities

  • Baseboard Heating
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 010-11-008-02-030-00
  • Tax Block 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,657

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Follow Lovells Road north from North Down River Road to Dam Four Road on the left. To cabin on left at end.
  • Lot Size: 346 X 150 X 345 X 130
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1900
  • PropertySubType: Residential Water
  • Lot Size Acres: 1.12
  • Road Surface Type: Gravel, Maintained
  • Water Body Name: Au Sable River
  • Co List Office Phone: 734-474-9487
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1560.0
  • Architectural Style: Cottage
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 346 X 150 X 345 X 130
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Cottage
  • Property Information Construction: Frame
  • Sewer:Septic2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • General Property Information:Acres: 1.12
  • HeatingAir Baseboard2: Yes
  • Location Tax and Legal Zoning2: RES
  • Exterior:Aluminum: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Interior Amenities: Microwave, Refrigerator, Range/Oven
  • Bedroom 3 Level: 1st
  • Bedroom 4 Level: 1st
  • Family Room Level: 1st
  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Deck, Dock
  • Waterfront: Yes
  • Construction Type: Aluminum
  • Exterior Features:Deck: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • Property Information:Garage Stall2: 1

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard
  • HeatingYN: Yes

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 48787.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 010-11-008-02-030-00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 8, 2021
Sold by
Fisher Lester M
Bought by
Guoan Bryan A
Seller's Agent
Michelle Millikin
Homewaters, L.L.C. Grayling
Buyer's Agent
Craig Hinkle
Re/Max Of Grayling
Sold Price
$183,000
Current Estimated Value
$340,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,757
Avg. Annual Appreciation
14.08%
Original Mortgage
$91,500
Outstanding Balance
$81,766
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$258,991

Purchase Details

Closed on
Nov 26, 2008
Sold by
Fisher Lester M and Gregory Phill
Bought by
Fisher Lester and Fisher Todd

Purchase Details

Closed on
Oct 24, 2003
Sold by
Warner Dennis H and Warner Catherine
Bought by
Fisher Lester M and Gregory Phill

Purchase Details

Closed on
May 26, 1994
Sold by
Warner Schade
Bought by
Warner Dennis H and Warner Catherine

Purchase Details

Closed on
Jan 15, 1989
Sold by
Warner Schade
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
Guoan Bryan A $183,000 --
Fisher Lester $16,000 --
Fisher Lester M $138,500 --
Warner Dennis H $45,000 --
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guoan Bryan A $91,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $183,000 -- $117 / Sq Ft
12/21/2020 12/21/20 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 $4,657 $195,700 $98,400 $97,300
2024 $3,561 $170,800 $98,400 $72,400
2023 $3,415 $133,300 $98,400 $34,900
2022 $3,242 $93,400 $93,400 $0
2021 $3,918 $86,400 $86,400 $0
2020 $4,722 $121,400 $98,400 $23,000
2019 $4,619 $113,900 $98,400 $15,500
2018 $4,535 $158,800 $98,400 $60,400
2017 $3,640 $164,800 $98,400 $66,400
2016 $3,609 $121,500 $98,400 $23,100
2015 -- $121,500 $0 $0
2014 -- $138,600 $0 $0
2013 -- $94,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201805961

Water Wonderland Board of REALTORS®

APN: 010-11-008-02-030-00