NOT LISTED FOR SALE

1550 Pratt Lake Rd Gladwin, MI 48624

Estimated Value: $102,038 - $201,000

1 Bed
1 Bath
550 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $65,000 $118 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $838/month

59 Days on Market

Highlights

  • Home fronts a canal
  • Cathedral Ceiling
  • Forced Air Heating System
  • Deck
  • Porch
  • Ceiling Fan

About This Home

As of July 2017

Bask in the summer sun at your own lake front retreat! This A-Frame cottage sits on a canal front lot on pristine Pratt Lake. Enjoy great fishing from the water side deck/dock or hop on your boat and head to main lake for water sports activities. The private beach for residents of this sub is a great place to catch some rays and swim in the shallow and sandy waterfront. The cottage is move-in ready and is being sold mostly furnished! Enjoy the view from the living room with knotty pine walls and cathedral ceilings. Step out to the large deck and read a book or bbq your dinner! Kitchen includes appliances and there is a bonus "beer" fridge. Rest and relax in the cozy loft bedroom that offers a view of the lake too! The 3/4 bath has been nicely updated and offers a large closet. Roof was new in 2011 and the furnace in 2014. There is a RV hook up with hot/cold water. Crushed asphalt drive, storage shed and plenty of perennials for extra curb appeal! Don't miss this one!

Last Agent to Sell the Property

Sonya Loose

CENTURY 21 SIGNATURE - MIDLAND License #CGBOR-6502362712 Listed on: 05/23/2017

CENTURY 21 SIGNATURE - MIDLAND

Last Buyer's Agent

Sonya Loose

CENTURY 21 SIGNATURE - MIDLAND License #CGBOR-6502362712 Listed on: 05/23/2017

CENTURY 21 SIGNATURE - MIDLAND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1976

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60x100x60x94
  • Home fronts a canal

Home Design

  • Wood Siding

Interior Spaces

  • 550 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 120-087-000-027-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,453

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Total Tax Amount: 1303
  • Total Tax Year: 2016
  • Year Built: 1976
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Window Treatment(s)
  • Appliances: Microwave, Range/Oven
  • Bedrooms: 1
  • Bedroom 1: On Upper Floor, Dimensions: 10 x 13
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Kitchen: On Main Floor, Dimensions: 8 x 13
  • Living Room: On Main Floor, Dimensions: 13 x 17
  • Above Grade Finished Sq Ft: 550
  • Total Finished Sq Ft: 550

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Porch
  • Frontage: 60
  • Lake Name: Pratt Lake
  • Road: Paved Street
  • Water Features: All Sports Lake, Canal Frontage
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Heat, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Ceiling Fan(s), Window Unit(s)

Lot Info

  • Assessor Parcel Number: 120-087-000-027-00
  • Zoning: Residential
  • Lot Dimensions: 60x100x60x94
  • Acreage: 0.13
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $819.49
  • Winter Tax: Amount: $483.48
  • Taxable Value: 26953
  • Total Tax: Year: 2016, Amount: $1,303.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 21, 2017
Sold by
Jason Cogswell and Jason Sherri
Bought by
Carpenter Christopher S and Carpenter Jennifer
Seller's Agent
Sonya Loose
CENTURY 21 SIGNATURE - MIDLAND
Buyer's Agent
Sonya Loose
CENTURY 21 SIGNATURE - MIDLAND
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Current Estimated Value
$135,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,260
Avg. Annual Appreciation
9.30%
Original Mortgage
$58,500
Outstanding Balance
$48,630
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$86,630
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carpenter Christopher S $65,000 North Star Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Christopher S $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $65,000 -13.2% $118 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $74,900 -- $136 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,453 $38,700 $38,700 $0
2024 $754 $40,200 $40,200 $0
2023 $775 $31,100 $0 $0
2022 $1,436 $25,400 $0 $0
2021 $1,298 $26,200 $26,200 $0
2020 $1,279 $23,400 $23,400 $0
2019 $1,468 $31,100 $31,100 $0
2018 $1,475 $27,200 $27,200 $0
2017 $1,277 $25,950 $10,750 $15,200
2016 $1,303 $27,950 $9,250 $18,700
2015 -- $0 $0 $0
2014 -- $26,450 $10,750 $15,700
Source: Public Records

Agents Affiliated with this Home

  • Sonya Loose

    Seller's Agent in 2017

    Sonya Loose

    CENTURY 21 SIGNATURE - MIDLAND

    (989) 429-2600

    311 Total Sales

    Sonya Loose
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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41023591

Clare Gladwin Board of REALTORS®

APN: 120-087-000-027-00

Michigan Gladwin County Gladwin 48624

1550 Pratt Lake Rd, Gladwin, MI

This home is located at 1550 Pratt Lake Rd, Gladwin, MI 48624 since 23 May 2017 and is currently estimated at $135,260, approximately $245 per square foot. This property was built in 1976. 1550 Pratt Lake Rd is a home located in Gladwin County with nearby schools including Gladwin Elementary School, Gladwin Intermediate School, and Gladwin Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Clare Gladwin Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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