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Off market
  • $510,400

    3488 Borchers Way, Grayling, MI 49738

    3beds
    1,497sqft
    SingleFamily
    Built in 1972
    2.94 Acres Lot
    $510,400 Zestimate®
    $341/sqft
    $1,971 Estimated rent

    Home value

    $510,400

    $413,000 - $607,000

    $1,971/mo

    Zestimate® history
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    What's special

    Very private setting with 124 lake frontage on all sports Lake Margrethe. This 3 bedroom, 2 bath home is situated on 2.94 acres. Very unique property with a private wooded setting and winding driveway. Natural gas forced air heat, fireplace, 2 door walls leading to deck overlooking the water. Dettached garage with additional storage.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Heating
    • Forced air, Gas
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Main Level
    Features
    • Fireplace, Tile Floor, Doorwall
    Interior area
    • Total interior livable area: 1,497 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2.94 Acres
    Details
    • Parcel number: 040420220318000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Septic

    Community & HOA

    Location
    • Region: Grayling

    Financial & listing details

    • Price per square foot: $341/sqft
    • Tax assessed value: $624,400
    • Annual tax amount: $6,693

    Price history

    DateEventPrice
    12/16/2016Sold$221,000+22.8%$148/sqft
    Source: WWMLS #305740 Report a problem
    12/9/2016Pending sale$179,900$120/sqft
    Source: Northern Michigan Real Estate Brokers, LLC #305740 Report a problem
    12/1/2016Listed for sale$179,900-5.9%$120/sqft
    Source: Northern Michigan Real Estate Brokers, LLC #305740 Report a problem
    8/22/2016Sold$191,173-34.1%$128/sqft
    Source: Public Record Report a problem
    2/1/2016Listing removed$290,000$194/sqft
    Source: Premier Waterfront Realty #299767 Report a problem
    1/27/2016Price change$290,000$194/sqft
    Source: Premier Waterfront Realty #299767 Report a problem
    12/31/2015Price change--
    Source: Auction.com Report a problem
    12/24/2015Price change$290,000+145.8%$194/sqft
    Source: Premier Waterfront Realty #299767 Report a problem
    12/22/2015Price change$117,985-59.3%$79/sqft
    Source: Auction.com Report a problem
    12/17/2015Price change--
    Source: Auction.com Report a problem
    12/9/2015Price change$290,000$194/sqft
    Source: Premier Waterfront Realty #299767 Report a problem
    11/25/2015Price change--
    Source: Auction.com Report a problem
    11/17/2015Price change$290,000$194/sqft
    Source: Premier Waterfront Realty #299767 Report a problem
    10/21/2015Price change--
    Source: Auction.com Report a problem
    10/8/2015Price change$290,000-9.4%$194/sqft
    Source: Premier Waterfront Realty #293716 Report a problem
    9/22/2015Price change--
    Source: Auction.com Report a problem
    4/27/2015Price change$320,000-8.6%$214/sqft
    Source: Premier Waterfront Realty #293716 Report a problem
    10/14/2014Listed for sale$350,000$234/sqft
    Source: Premier Waterfront Realty #1791455 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,693 +22%$312,200 +3.6%
    2024$5,487 +17.4%$301,400 +33.1%
    2023$4,672 $226,400 +28.9%
    2022-- $175,600 +4.8%
    2021-- $167,500 +4.4%
    2020-- $160,500 +4.2%
    2019-- $154,100 +1.6%
    2018$6,826 -4.5%$151,700 -6.4%
    2017$7,145 +59.1%$162,000 -2.9%
    2016$4,490 $166,900
    2015$4,490 $166,900 +15.4%
    2014-- $144,600 -0.8%
    2013-- $145,700 +7.5%
    2012-- $135,500 -25%
    2011-- $180,700 -24.7%
    2010-- $239,900
    Find assessor info on the county website

    Neighborhood: 49738

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Grayling Elementary School
    • Middle: Grayling Middle School
    • High: Grayling High School
    • District: Crawford/Ausabl

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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