Very nicely appointed and well maintained 3 bedroom, 2 bath home on a large corner lot. This is a very affordable move-in ready home. It is close to the vibrant downtown featuring shopping, restaurants, art galleries, churches, and also the famed Ausable River. It is walking distance to the Primary, Elementary and Middle Schools and Munson Hospital. Must be seen to be really appreciated. This home also offers a clean partial basement for plenty of storage space.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1945
Living Area: 1,458 SqFt
Listing Office:
Office Name: Premier Waterfront Realty
Office Phone: (989) 348-9199
Listing Agent: Brad Scheer
Interior Features
Interior Information:
Appliances: Refrigerator, Oven/Range
Interior: Mud Room, Drywall
Fireplace: None
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: None
Exterior: Sidewalk, Porch, Vinyl
Parking Information:
Attached Garage: No
Parking: Concrete, None
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Forced Air
Other
Directions Information:
Directions: Business Loop I-75 to Ionia Street to house on the left. Corner of Ionia St and Chestnut St.
Price Information
Listing Price Info
Price Summary:
List Price: $149,900
Price Per SqFt: $103/SqFt
Tax Information:
Annual Amount: $1,986
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Grayling, MI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$816
Per Month
Principal & Interest
$749
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$516
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Grayling Elementary School
306 Plum St
Distance between this listing and this school0.30 miles
Public District Grades PK-4
4
/10
Roscommon Elementary School
175 West Sunset Dr
Distance between this listing and this school12.60 miles
Public District Grades PK-3
3
/10
Cherry Street Intermediate School
315 S Cherry St
Distance between this listing and this school23.59 miles
Public District Grades 4-5
Nearby Schools
6
/10
Grayling Middle School
500 Spruce St
Distance between this listing and this school0.20 miles
Public District Grades 5-8
5
/10
Roscommon Middle School
299H West Sunset Dr
Distance between this listing and this school12.70 miles
Public District Grades 4-7
4
/10
Kalkaska Middle School
1700 W Kalkaska Rd
Distance between this listing and this school24.21 miles
Public District Grades 6-8
Nearby Schools
3
/10
Great Lakes Online Education
1135 N Old 27
Distance between this listing and this school2.79 miles
Public District Grades KG-12
9
/10
Grayling High School
1135 N Old 27
Distance between this listing and this school2.79 miles
Public District Grades 9-12
2
/10
Shawono Center
10 North Howes Lake Rd
Distance between this listing and this school5.29 miles
The neighbors living near this home have an average income of $41,702. The majority of Grayling, MI residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 501 Ionia St
What is the listing price of this property?
The listing price of 501 Ionia St property is $149,900.
What type of property is this?
The property 501 Ionia St is a house located in Grayling, Michigan, 49738.
Is this property for sale now?
Active Listing: 501 Ionia St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,986 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 8, 2018 for $73,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 501 Ionia St has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 501 Ionia St is 1,458 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 501 Ionia St is 1945.
This home is located at 501 Ionia St in Grayling, MI and zip code 49738. This 1,458 square foot home, which was built in 1945, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $149,900.
Grayling, MI housing market in October 2024 saw over 4 listings sold above listed price, more than 0 sold at listed price and over 7 sold below. The number of homes for sale in Grayling, MI increased by 9.5% between September 2024 and October 2024. In October 2024 median list price was $184,900 and the average listing age was 31 days.
From Rocket Homes Real Estate and based on county public records data.