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Sold for $250,000
  • $250,000

    505 Peninsular Ave, Grayling, MI 49738

    3beds
    4,448sqft
    Single Family Residence
    Built in 1921
    0.37 Acres Lot
    $269,800 Zestimate®
    $56/sqft
    $2,465 Estimated rent

    Home value

    $269,800

    Estimated sales range

    Not available

    $2,465/mo

    Zestimate® history
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    What's special

    Finished basementPaved driveOffice areaExpansive deckingThree bathsFirst floor master bedroomLarge family room
    This iconic 1920's home offers charm, space, comfort and location in the heart of the city. You can walk to nearly everything, just a block to downtown. Three bedrooms and three baths with a huge living room, formal dining room, large family room and a first floor master bedroom. Also a generous dedicated laundry/pantry. Expansive decking for entertainment overlooking the beautiful landscaped, sprinklered and fully fenced grounds. Of course a giant, attached, heated garage, paved drive and automatic generator. And then the finished basement with an additional kitchen, living room, office area, full bath and a sauna. Fresh roof in 2023. Measurements and square footage are approximate, buyers or their agent should verify.

    Zillow last checked:

    Listing updated:

    Listed by:

    Curt W Jansen (989)348-5474,

    Century 21 Realty North Grayling,

    Sally Jansen 989-348-5474

    Source: WWMLS,MLS#: 201830791MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: First
    Heating
    • Baseboard, Hot Water, Natural Gas
    Appliances
    • Included: Washer, Wall Oven, Refrigerator, Disposal, Dryer, Dishwasher, Cooktop
    • Laundry: Main Level
    Features
    • Sauna
    • Flooring: Hardwood
    • Doors: Doorwall
    • Windows: Curtain Rods, Drapes
    • Basement: Finished
    Interior area
    • Total structure area: 4,448
    • Total interior livable area: 4,448 sqft
    • Finished area above ground: 2,644

    Property

    Parking
    • Parking features: Driveway, Garage Door Opener
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Garden, Sprinkler System
    • Fencing: Fenced
    • Frontage type: None
    Lot
    • Size: 0.37 Acres
    • Dimensions: 120 x 135
    • Features: Landscaped
    Details
    • Additional structures: Workshop
    • Parcel number: 07010001400200
    • Special conditions: Trust
    • Other equipment: Automatic Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Basement
    Condition
    • Year built: 1921

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Subdivision: City of Grayling
    Location
    • Region: Grayling

    Financial & listing details

    • Price per square foot: $56/sqft
    • Tax assessed value: $259,000
    • Annual tax amount: $2,643
    • Date on market: 7/24/2024
    • Listing terms: Cash,Conventional Mortgage,FHA,VA Loan
    • Road surface type: Paved, Maintained

    Price history

    DateEventPrice
    12/30/2024Sold$250,000-9.1%$56/sqft
    Source: WWMLS #201830791 Report a problem
    10/25/2024Price change$275,000-8%$62/sqft
    Source: WWMLS #201830791 Report a problem
    8/11/2024Price change$299,000-8%$67/sqft
    Source: WWMLS #201830791 Report a problem
    7/24/2024Listed for sale$325,000$73/sqft
    Source: WWMLS #201830791 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,643 +2%$129,500 +25.2%
    2024$2,591 +4.7%$103,400 +44.8%
    2023$2,475 $71,400 +12.6%
    2022-- $63,400 +6.2%
    2021-- $59,700 +2.9%
    2020-- $58,000 +1.6%
    2019-- $57,100 +7.1%
    2018$2,255 $53,300 -1.3%
    2017-- $54,000 +9.3%
    2016-- $49,400
    2015-- $49,400 -5.4%
    2014-- $52,200 -2.2%
    2013-- $53,400 +1.9%
    2012-- $52,400 +3.6%
    2011-- $50,600 -25.3%
    2010-- $67,700
    Find assessor info on the county website

    Neighborhood: 49738

    Nearby schools

    GreatSchools rating
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