$380,000
SOLD JUL 3, 2025

9137 N Lake Shore Dr Grayling, MI 49738

2 Beds
1 Bath
1,016 Sq Ft
1948 Built

Recently Sold

$374 Per Sq Ft

4% Below List Price

98 Days on Market

Highlights

  • Docks
  • Deck
  • No HOA
  • Waterfront
  • Main Floor Bedroom
  • Cottage

About This Home

As of July 2025

This is the super cute lakefront get-away cottage you've been waiting for! Located on the North shore of beautiful Lake Margrethe it offers 50 feet of prime frontage and a dock! The interior features a knotty pine interior for that rustic feel. There are two nice sized bedrooms with closets as well as a king sized murphy bed for extra sleeping arrangements as needed. The lakeside gazebo is perfect for morning coffee, meals, entertaining and just plain relaxing. The 2 story outbuilding has an office above that can also serve as extra storage space. This cool cottage is located just 5 minutes from vibrant downtown Grayling with its micro breweries, art galleries, gift shops, restaurants, bakery and historic Rialto movie theater. Natural gas available at the road. Sold mostly furnished.

Last Agent to Sell the Property

Brad Scheer

Premier Waterfront Realty License #6501399607 Listed on: 03/03/2025

Last Buyer's Agent

Tammy Culler

MLS NON-MEMBER

MLS NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50 x 50 x 98.3 x 91
  • Waterfront

Home Design

  • Cottage
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,016 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Shed

Schools

  • Grayling Elementary School
  • Grayling High School

Utilities

  • Heating System Uses Propane
  • Wall Furnace
  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • T26n, R4w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040-45-460-00-013-00
  • Tax Block SEC 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Directions: From Grayling west on M-72. After lake visible on left N Lake Shore Drive is the first road on your left. The yellow cottage will be on the left.
  • Garage Yn: No
  • Lot Size: 50 x 50 x 98.3 x 91
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1948
  • PropertySubType: Residential Water
  • Road Frontage Type: All-Sport
  • ResoLaundryFeatures: Main Level
  • Road Surface Type: Gravel, Maintained
  • NAV29_Unit_1_Appliances: Water Heater, Washer, Range/Oven, Refrigerator, Microwave
  • MLS Status: Closed
  • Subdivision Name: T26N, R4W
  • Above Grade Finished Sq Ft: 1016.0
  • Architectural Style: Cottage
  • ResoBuildingAreaSource: Old MLS
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 50 x 50 x 98.3 x 91
  • 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 Ceiling Fan: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • Appliances Equipmt Water Heater: Gas
  • HeatingAir Propane3: Yes
  • Laundry Main Level: Yes
  • Appliances Equipmt Blinds: Yes
  • Appliances Equipmt Washer2: Yes
  • Appliances Equipmt Drapes: Yes
  • HeatingAir Wall Furnace: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None
  • Interior Amenities: Blinds, Ceiling Fan, Drapes
  • Family Room Level: 1st
  • Utility Room Level: 1st
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BasementFoundation:Crawl: Yes
  • Other Rooms:Office2: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Exterior Features: Cable TV, Deck, Dock, Shed
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Exterior Features:Deck: Yes
  • Exterior Features:Shed: Yes
  • Exterior Features:Cable TV: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

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

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Schools Elementary School: Grayling
  • Schools High School: Grayling
  • Elementary School: Grayling
  • Junior High Dist: Crawford Ausable
  • High School: Grayling

Lot Info

  • Parcel Number: 040-45-460-00-013-00

Tax Info

  • Tax Block: SEC 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2017
Sold by
Rauch Wilbur G and Rauch Shirley M
Bought by
Smock Joseph L and Rauch-Smock Karen

Purchase Details

Closed on
May 27, 2005
Sold by
Rauch Wilbur Gene and Rauch Shirley
Bought by
Rauch, Wilber G & Shirley M Trust

Purchase Details

Closed on
May 1, 1994
Source: Public Records

Similar Homes in Grayling, MI

  • 2179 Danish Landing Rd, Grayling, MI 49738

    $449,900

    • 4 Beds
    • 3 Baths
    • 1,760 Sq Ft
    • 2179 Danish Landing Rd
    • Grayling, MI

    This is the one you have been waiting for! 4 bedroom, 3 full bathroom home that has shared ownership of a Lake Margrethe waterfront lot to park your boat! Main floor huge master suite has private bathroom, laundry and direct access to the backyard. The second floor is the show piece with 3 more bedrooms, 2 more full bathrooms (one on suite), and a huge open concept living room with cathedral

    Chet Wheeler Re/Max Of Grayling

    Section Image
  • 6960 Trem Pal Rd, Grayling, MI 49738

    $435,000

    • 2 Beds
    • 2 Baths
    • 1,728 Sq Ft
    • 6960 Trem Pal Rd
    • Grayling, MI

    Enjoy private mainstream AuSable riverfront access - beautifully set in the woods on a dead end road & easy access to all that Grayling has to offer. Very open, spacious & roomy with white pine accents. This home consists of over 1700 sq ft. 2 bedrooms, possible 3rd with a huge loft upstairs 30 x 13 but portioned off for an office, sitting room or storage, & 2 full baths. Enjoy nature at it's

    Mary Becker Heart of Up North Realty, LLC

    Section Image
  • 14628 Club Cir SE, Grayling, MI 49738

    $299,900

    • 3 Beds
    • 1 Bath
    • 1,180 Sq Ft
    • 14628 Club Cir SE
    • Grayling, MI

    A classic cottage on a classic setting on the pristine waters of the Manistee River in the blue ribbon section of the river. No slope to the waters edge, just step in. Easy wading with sweepers hold the largest trout in the upper reaches. It is exceptional scenery, fishing and upland bird hunting. Thousands of Acres of acres of State land and all sorts of trails, wood roads, and two tracks.

    Rick Matley The Difference Real Estate

    Section Image
  • 3466 Short St, Grayling, MI 49738

    $419,000

    • 2 Beds
    • 2 Baths
    • 1,388 Sq Ft
    • 3466 Short St
    • Grayling, MI

    Well maintained home nestled on the serene East Branch of the Ausable River with 126' of private frontage offering stunning views. Set at the end of a quiet cul-de-sac on a blacktop road, this peaceful retreat features mature red & white pines, maple and spruce trees. Home upgrades include Anderson Windows, new luxury vinyl plank flooring, newer metal roof, well, drain field, and a cozy gas

    Craig Hinkle Re/Max Of Grayling

    Section Image
  • 2498 W 5 Mile Rd, Grayling, MI 49738

    $395,000

    • 1 Bed
    • 1 Bath
    • 845 Sq Ft
    • 2498 W 5 Mile Rd
    • Grayling, MI

    CABIN WITH 60.5 ACRES WITH STATE LAND ON 2 SIDES. POLE BARN 30 x 40 with electric. Recreational cabin with 1 bedroom, 1 bath offers open kitchen, dining and living area plus a family room with a walkout patio door. L.P. Gas Payne Wall Furnace and a wood stove in the Family Room. Campfire pit in front yard. Hunters take delight in the trails throughout the property and 6-7 deer blinds, 1 tree

    Charlene Scheer Premier Waterfront Realty

    Section Image
  • 2168 S Spite Ave, Grayling, MI 49738

    $365,000

    • 2 Beds
    • 1 Bath
    • 717 Sq Ft
    • 2168 S Spite Ave
    • Grayling, MI

    Charming cabin on the renowned Ausable River's Holy Water with 203' of pristine frontage! Enjoy peace and tranquility in this beautifully remodeled knotty pine retreat featuring a cozy interior and fly-fishing-themed decor. Numerous windows featuring custom wood blinds allow expansive views throughout. The cabin includes a newer roof, new well, and portable generator for added comfort. Relax in

    Craig Hinkle Re/Max Of Grayling

    Section Image
  • 10719 Arrow Dr, Grayling, MI 49738

    $325,000

    • 2 Beds
    • 1.5 Baths
    • 1,600 Sq Ft
    • 10719 Arrow Dr
    • Grayling, MI

    Stunning, newly built home overlooking a bend in the main branch of the AuSable coming first toward the property and then bending away. A detached 3+car garage provides plenty of space for whatever outdoor toys you might bring along, and inside you'll find a beautiful hand-crafted wood bar top at the center of this amazing place.

    Aaron Raymond Century 21 Realty North Grayling

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed -- --
Warranty Deed $93,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $380,000 0.0% $374 / Sq Ft
07/03/2025 07/03/25 Sold $380,000 -3.1% $374 / Sq Ft
05/05/2025 05/05/25 Price Changed $392,000 0.0% $386 / Sq Ft
05/05/2025 05/05/25 Price Changed $392,000 -1.3% $386 / Sq Ft
03/05/2025 03/05/25 Price Changed $397,000 0.0% $391 / Sq Ft
03/03/2025 03/03/25 For Sale $397,000 -99.9% $391 / Sq Ft
03/01/2025 03/01/25 For Sale $397,000,000 -- $390,748 / 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
2025 $3,500 $134,500 $52,500 $82,000
2024 $2,656 $130,600 $52,500 $78,100
2023 $2,453 $110,400 $52,500 $57,900
2022 $2,289 $97,800 $52,500 $45,300
2021 $2,864 $90,800 $52,500 $38,300
2020 $2,826 $90,900 $52,500 $38,400
2019 $2,766 $87,700 $52,500 $35,200
2018 $2,686 $85,000 $52,500 $32,500
2017 $2,192 $92,800 $52,500 $40,300
2016 $2,173 $72,900 $72,900 $0
2015 $2,537 $72,900 $0 $0
2014 -- $65,700 $0 $0
2013 -- $66,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201833533

Water Wonderland Board of REALTORS®

APN: 040-45-460-00-013-00