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8921 Us Highway 31, Grawn, MI, 49637

2beds
1baths
1,276sqft
$395,000
$310price/sqft
$2,697/moest. monthly cost
$107,880/yrincome needed

About This Home

What an Investment and Adorable Home! Over 425 feet of Prime Road Frontage on US HIGHWAY 31. This property is currently zoned residential but is designated Commercial in the Futures Master Plan of the Township and can be changed any time per Township. Very close to Interlochen Corners where everything is developing at a rapid rate. Can split of land if desired. Home has character galore and very nice, wooded setting in the back. Featuring a two-car garage, two large sheds and beautiful field stone fireplace. Close to Interlochen Village, Interlochen Center for the Arts and Traverse City.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

7/10
8/10
West Middle SchoolGrades 6-87.8 mi
3/10
Traverse City High SchoolGrades PK,9-1211.3 mi

Construction

Condition

  • Year built: 1946

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Vinyl Siding,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Washer,Dryer,Oven,Cooktop,Exhaust Fan,Gas Water Heater
  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedroom2

  • Area: 80

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Breakfast Nook,High Speed Internet
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,276

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,276
  • Total interior livable area: 1,276 sqft

Kitchen

  • Area: 145

Living Room

  • Area: 250

Master Bathroom

  • Features: Shared

Master Bedroom

  • Area: 120

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0701500500
  • Zoning description: Residential,Commercial

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Countryside View
  • Waterfront features: None

Lot

  • Lot size: 3.20 Acres
  • Features: Wooded,Level,Landscaped,Metes and Bounds
  • Lot size dimensions: 427 x 217

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage Door Opener,Paved,Concrete Floors,Asphalt,Private
  • Has garage: Yes
  • Attached garage spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Inland Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Grand Traverse County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,997$23,964
Home Insurance *$158$1,896
Property Taxes $354$4,248
Electricity $188$2,259
Total$2,697$32,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,468/yr
40% on housing$80,910/yr
45% on housing$71,920/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$310This listing

vs Other Active Listings

Avg $/sqft

ZIP 49637$213
Grand Traverse County$306

vs Homes Sold Last Month

Median $/sqft

ZIP 49637$221
Grand Traverse County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-06-02Listed for sale$425,000

For Sale by Agent

AgentLaurie Bouwman
BrokerageBouwman Realty Group

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