NOT LISTED FOR SALE

1870 N Pratt Lake Rd Gladwin, MI 48624

Estimated Value: $128,000 - $170,000

2 Beds
1.5 Baths
924 Sq Ft
$168/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2025

Last sale price $124,000 $134 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $874 / mo

23 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • 2 Car Detached Garage
  • Gladwin High School Rated 9+
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of February 2025

Charming Cabin on Pratt Lake. This delightful 2-bedroom, 2-bath cabin offers the perfect lakeside retreat. The open-concept living and kitchen areas are bright and welcoming, while the sunroom provides gorgeous views of Pratt Lake—ideal for relaxing and taking in the peaceful surroundings. Step outside to a spacious yard with direct waterfront access, perfect for enjoying the all-sports lake. A 2-car garage offers plenty of storage for your gear. This affordable cabin is perfect to relax and enjoy.

Last Agent to Sell the Property

Matt Hechlik

Berkshire Hathaway Bay License #MBR-6506045994 Listed on: 01/14/2025

Berkshire Hathaway Bay

Last Buyer's Agent

Rick Loose

Ayre Rhinehart Real Estate Partners License #MBR-6501303541

Ayre Rhinehart Real Estate Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 40x 125
  • Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 924 Sq Ft Home
  • Living Room with Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12012500002000

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.27 Acres

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1091
  • Year Built: 1955
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 1st Floor, Dimensions: 15 x 8
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: On Level: First, Flooring: Linoleum
  • Kitchen: On 1st Floor, Dimensions: 12 x 13
  • Laundry: On 1st Floor, Dimensions: 7 x 10
  • Laundry Room Floor Covering: Wood
  • Living Room: On 1st Floor, Dimensions: 13 x 13
  • Living Room Floor Covering: Wood
  • Above Grade Finished Sq Ft: 924
  • Total Finished Sq Ft: 924
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Crawl
  • Frontage: 40
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 12012500002000
  • Lot Dimensions: 40X 125
  • Acreage: 0.27
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $475.00
  • Winter Tax: Year: 2017, Amount: $616.00
  • Total Tax: Amount: $1,091.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2025
Closed on
Feb 13, 2025
Sold by
Bought by
Seller's Agent
Matt Hechlik
Berkshire Hathaway Bay
Buyer's Agent
Rick Loose
Ayre Rhinehart Real Estate Partners
List Price
$149,900
Sold Price
$124,000
Premium/Discount to List
-$25,900
-17.28%
Views
34
Current Estimated Value
$154,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,993
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Sep 2, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
4.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$124,000 Title Resource Agcy
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $70,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $124,000 -17.3% $134 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $149,900 -- $162 / Sq Ft
Source: Midland Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $507 $75,300 $75,300 $0
2024 $13 $73,800 $73,800 $0
2023 $1,288 $63,600 $0 $0
2022 $2,115 $55,700 $0 $0
2021 $1,940 $45,900 $45,900 $0
2020 $1,908 $41,600 $41,600 $0
2019 $1,880 $38,150 $38,150 $0
2018 $1,239 $40,250 $40,250 $0
2017 $1,092 $39,650 $13,150 $26,500
2016 $1,751 $38,000 $14,000 $24,000
2015 -- $38,100 $19,750 $18,350
2014 -- $43,150 $19,750 $23,400
Source: Public Records

Agents Affiliated with this Home

  • Matt Hechlik

    Seller's Agent in 2025

    Matt Hechlik

    Berkshire Hathaway Bay

    (989) 928-0880

    137 Total Sales

    Matt Hechlik
    Section Image
  • Rick Loose

    Buyer's Agent in 2025

    Rick Loose

    Ayre Rhinehart Realtors

    (989) 631-6665

    70 Total Sales

    Rick Loose
    Section Image
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Map

Source: Midland Board of REALTORS®

MLS Number: 50164520

Midland Board of REALTORS®

APN: 120-125-000-020-00

Michigan Gladwin County Gladwin 48624

1870 N Pratt Lake Rd, Gladwin, MI

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.

Midland 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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