NOT LISTED FOR SALE

1675 E Pratt Lake Rd Gladwin, MI 48624

Estimated Value: $172,319 - $261,000

2 Beds
1 Bath
540 Sq Ft
$384/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $27,450 $51 Per Sq Ft

Est. 656% increase in value since last sale

Current estimated payment $1,174/month

260 Days on Market

Highlights

  • Waterfront
  • Cottage
  • Ceiling Fan
  • Deck

About This Home

As of February 2015

Pratt Lake waterfront cottage with sandy bottom frontage. Eight foot boardwalk across the lake front. A 14x14 deck overlooks the water. Cottage appears to have newer shingles and vinyl siding. Interior has updates to the drywall and bathroom. The two rooms used as bedrooms do not have closets. Nat. gas wall furnace heat. Needs other interior updates. Cottage has no well or septic. It is strongly encouraged that an offer include proof of funds (if cash offer) or pre-approval (if financing) and is a requirement for seller's final acceptance. Deposit to be held in listing broker's trust account. Addendum to be signed with an offer. Selling agents submit offers at www.HomePath.com

Last Agent to Sell the Property

Rebecca Jager

SMITH-MILLER,INC. License #CGBOR-6501306361 Listed on: 05/23/2014

Co-Listed By

Emmalou Brasseur

SMITH-MILLER,INC. License #CGBOR

Last Buyer's Agent

Greg Ruppel

BETTER HOMES AND ACRES LLC License #CGBOR-6501383709

Home Details

Home Type

  • Single Family

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 75x56.61x5.55x69.83x56.4
  • Waterfront

Home Design

  • Cottage
  • Slab Foundation
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 540 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Deck
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 26-120-210-000-007-03

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cottage
  • Total Tax Amount: 770
  • Total Tax Year: 2013
  • Mail City: Gladwin
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Poured
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 7 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 5 x 8, On Level: Main
  • Kitchen: On Main Floor, Dimensions: 9 x 12
  • Living Room: On Main Floor, Dimensions: 9 x 15
  • Sitting Room: On Main Floor, Dimensions: 6 x 9
  • Above Grade Finished Sq Ft: 540
  • Total Finished Sq Ft: 540

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Slab
  • Frontage: 75
  • Lake Name: Pratt Lake
  • Road: Private Road
  • Water Features: All Sports Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Heat
  • Sewer: None
  • Water: None
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • HOA Fee Frequency: Optional

Lot Info

  • Assessor Parcel Number: 26-120-210-000-007-03
  • Zoning: Residential
  • Lot Dimensions: 75x56.61x5.55x69.83x56.4
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $363.29
  • Winter Tax: Amount: $406.45
  • Total Tax: Year: 2013, Amount: $770.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Feb 26, 2015
Sold by
Federal National Mortgage Assoc
Bought by
Baker Darlene J
Seller's Agent
Rebecca Jager
SMITH-MILLER,INC.
Buyer's Agent
Greg Ruppel
BETTER HOMES AND ACRES LLC
List Price
$72,000
Sold Price
$27,450
Premium/Discount to List
-$44,550
-61.88%
Current Estimated Value
$207,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,130
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Ward Rex & Wanita Trust
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Baker Darlene J $27,500 --
-- $73,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $27,450 -61.9% $51 / Sq Ft
02/07/2015 02/07/15 Pending -- -- --
05/23/2014 05/23/14 For Sale $72,000 -- $133 / 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 $1,066 $80,900 $0 $80,900
2024 $10 $67,500 $0 $67,500
2023 $1,025 $56,700 $0 $0
2022 $1,782 $48,700 $0 $0
2021 $1,622 $50,600 $0 $50,600
2020 $1,596 $41,900 $0 $41,900
2019 $1,573 $34,700 $0 $34,700
2018 $1,577 $29,650 $0 $29,650
2017 $919 $30,600 $17,000 $13,600
2016 $897 $30,350 $13,100 $17,250
2015 -- $0 $0 $0
2014 -- $27,400 $17,000 $10,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41019050

Clare Gladwin Board of REALTORS®

APN: 120-210-000-007-03