Photo 1 of 1962 Gray RD
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Active · MLS #20261083389
$209,000 3 bd1 ba960 sqft

1962 Gray RD , Oregon Township, MI 48446

Price cut $10,900 since it was listed at $219,900

Est. $1,567/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1962
Lot1 acres
Garage2 spaces
Price/sqft$218
On market16 days

About this home

Nice ranch home with a beautiful one acre setting. Features mature tree on this rolling acre and many lilac bushes. Home features 3 nice size bedrooms with hardwood floors. Large living room with a picture window and hardwood floors. Third bedroom could be used as a formal dining room. Nice kitchen with oak cabinetry and appliances included. Full walkout basement ready to finish, plumbed for full bath. Garage is 24x40 with a large work shop, could be nice game room/craft room.

Monthly payment

$1,567per month
Principal & interest$1,189
Property tax, current$92
Homeowners insurance$200
Mortgage insurance (PMI)$86

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$209,000
Original price$219,900
Price cut−$10,900
Beds3
Baths1 full
Square feet960
TypeSingle family residence
Subdivision—
CountyLapeer
MLS #20261083389
Listed2026-10-14
Days on market16
Year built1962
PossessionNegotiable
Stories1 story
BasementFull, Unfinished, Walkout
HeatingForced air, Natural gas
FoundationBasement, Block
Garage spaces2.0
Water / SewerWell / Septic
Parcel number01702601000
Listing officeBraxton Brokers & Associates Real Estate

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$49,813about $104,500
Yearly property tax$1,105about $2,878

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $1,773 a year more than this seller pays. The assessor's state equalized value (SEV) is $73,700. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Oregon Township's 2025 homestead rate of 27.54 mills and assumes you claim the homestead exemption. See Oregon Township's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-03T21:03+00:00; refreshed at least twice daily.

$209,000Est. $1,567/mo
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