Sold for $112,500

$112,500

1460 E North Down River Rd, Grayling, MI 49738

3beds

1,298sqft

Single Family Residence

Built in 1940

3 Acres Lot

$115,900 Zestimate^®

$87/sqft

$1,376 Estimated rent

Home value

$115,900

Estimated sales range

Not available

$1,376/mo

Zestimate^® history

Owner options

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$1,376/mo

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$1,376/mo

Rent Zestimate^®

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$578/mo

Est. payment

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$578/mo

Est. payment

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What's special

Amazing opportunity! Priced to sell quickly, this property is in close proximity to Stephan Bridge Road public access to the Holy Waters of the AuSable River. Zoned residential and commercial, the current owner operated a fly shop from the property. Multiple outbuildings on property for flexible use of personal storage or workshop. One bedroom on the main floor with the second and possibly a 3rd bedroom and/or office upstairs totaling approximately 1,298 square feet of living space including that finished upstairs. Property is in the process of being cleaned up through an auction house so all personal property will be removed by January 31 and not negotiable as part of a sale. Possession available February 1 or later.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Propane, Radiant Floor, Wall Furnace

Appliances

Laundry: Main Level

Features

Basement: Michigan/Utility

Interior area

Total structure area: 1,298
Total interior livable area: 1,298 sqft
Finished area above ground: 1,298

Property

Parking

Parking features: RV Access/Parking
Has garage: Yes

Features

Stories: 2
Patio & porch: Patio/Porch
Exterior features: Garden
Frontage type: None

Lot

Size: 3 Acres
Dimensions: 300 x 400
Features: Adj State/Federal Ld

Details

Additional structures: Shed(s)
Parcel number: 040400050502000

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Foundation: Basement

Condition

Year built: 1940

Utilities & green energy

Sewer: Septic Tank

Community & HOA

Community

Subdivision: T26N R2W

Location

Region: Grayling

Financial & listing details

Price per square foot: $87/sqft
Tax assessed value: $135,200
Annual tax amount: $769
Date on market: 1/6/2026
Listing terms: Cash,Conventional Mortgage
Ownership: Owner
Road surface type: Paved, Maintained

Price history

Date	Event	Price
3/27/2026	Sold	$112,500-13.4%$87/sqft
Source: WWMLS #201838417 Report a problem
3/24/2026	Pending sale	$129,900$100/sqft
Source: WWMLS #201838417 Report a problem
1/24/2026	Contingent	$129,900$100/sqft
Source: WWMLS #201838417 Report a problem
1/6/2026	Listed for sale	$129,900$100/sqft
Source: WWMLS #201838417 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$769 +0.8%	$67,600 +8.9%
2025	$763 +4.5%	$62,100 +4.9%
2024	$730 +4.1%	$59,200 +17.5%
2023	$701	$50,400 +16.7%
2022	--	$43,200 +7.5%
2021	--	$40,200 +3.3%
2020	--	$38,900 +15.4%
2019	--	$33,700 +3.4%
2018	$619 +4.9%	$32,600 +11.3%
2017	$589 +0.8%	$29,300 +8.1%
2016	$584	$27,100
2015	$584	$27,100 +8%
2014	--	$25,100 +0.8%
2013	--	$24,900 +25.1%
2012	--	$19,900 -2.5%
2011	--	$20,400 -29.7%
2010	--	$29,000