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For sale
    • Price cut: $50K (7/20)
    $525,000

    7055 Costello Dr, Grayling, MI 49738

    2beds
    1,250sqft
    : 
    $3,387/mo
    Get pre-qualified
    Single Family Residence
    Built in 1968
    1.59 Acres Lot
    $559,800 Zestimate®
    $420/sqft
    $-- HOA

    What's special

    Riverfront viewsVery recent updates throughout
    Charm and Comfort abound within and about this Au Sable North Branch Ranch! Your Riverfront Views are enhanced by the 35 foot proximity to the river itself. Very recent updates throughout capture its essence.
    15 days
    |
    792
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lance G Weyeneth Mr. 989-370-2045,

    Headwater Realty, LLC 989-705-2600,

    Christian A. Guest 231-510-2352

    Source: WWMLS,MLS#: 201841370MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Baseboard
      Appliances
      • Included: Water Heater, Range/Oven, Refrigerator, Dryer, Dishwasher
      • Laundry: Main Level
      Features
      • Ceiling Fan(s), Walk-In Closet(s), Split Bdrm Flr Plan
      • Flooring: Hardwood
      • Windows: Egress Windows, Blinds
      • Basement: None
      Interior area
      • Total structure area: 1,250
      • Total interior livable area: 1,250 sqft
      • Finished area above ground: 1,250

      Property

      Parking
      • Parking features: Garage Door Opener
      • Has garage: Yes
      Features
      • Patio & porch: Deck
      • On waterfront: Yes
      • Waterfront features: River
      • Body of water: North Branch AuSable River
      Lot
      • Size: 1.59 Acres
      • Dimensions: 252/ 600/171/105/30/26
      Details
      • Parcel number: 010120290624000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Crawl
      Condition
      • Year built: 1968

      Utilities & green energy

      • Sewer: Septic Tank

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: T28N - R1W
      Location
      • Region: Grayling

      Financial & listing details

      • Price per square foot: $420/sqft
      • Tax assessed value: $536,600
      • Annual tax amount: $5,292
      • Date on market: 7/9/2026
      • Listing terms: Cash,Conventional Mortgage
      • Ownership: Owner
      • Road surface type: Gravel, Maintained

        Estimated market value

        $559,800

        $532,000 - $588,000

        $1,533/mo

        Price history

        DateEventPrice
        7/20/2026Price change$525,000-8.7%$420/sqft
        Source: WWMLS #201841370 Report a problem
        7/9/2026Listed for sale$575,000+150%$460/sqft
        Source: WWMLS #201841370 Report a problem
        5/2/2008Sold$230,000$184/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,292 +4.4%$268,300 +14.1%
        2024$5,069 +4.8%$235,200 +7.1%
        2023$4,837 $219,700 +4.5%
        2022-- $210,200 +1.3%
        2021-- $207,500 +8.6%
        2020-- $191,000 +7.7%
        2019-- $177,300 +0.5%
        2018-- $176,400 -4.9%
        2017-- $185,400 +52.7%
        2016-- $121,400
        2015-- $121,400 -8.4%
        2014-- $132,500 -5%
        2013-- $139,500 +55.2%
        2012-- $89,900 +3.6%
        2011-- $86,800 -2%
        2010-- $88,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 49738

        Getting around

        1 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Grayling
        • High: Grayling

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

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