Seller's Agent in 2023
Wayne Walts
RE/MAX Michigan
(989) 240-7733
104 Total Sales
2425 Ritchie Rd Gladwin, MI 48624
Estimated Value: $369,000 - $581,000
3
Beds
2
Baths
2,424
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- 37.83 Acre Lot
- Deck
- Wood Flooring
- Cape Cod Architecture
- Farm
- Pole Barn
About This Home
As of September 2023RURAL GLADWIN - Immaculate 3BR/2.5BA/2400+ sq ft cape cod home on 37.83 gorgeous acres! Home includes all appliances, central air, gas-log fireplace, Anderson windows, 3/4" maple floors on main level, master suite on main floor, 2-car attached garage, maintenance free decking, and covered front porch. Property is setup for horses & livestock with 24x48 barn w/3 box stalls and additional tack room, old 40x60 barn w/16' walls & access off Butman Rd, lean-to, shed, and fencing. There also is a 24x40 stick-built outbuilding with 33x72 addition in the back, which has a woodworking shop that offers kiln drying equipment operated by a boiler system, a half-bath that is plumbed for a shower, and full RV hook-up. This corner parcel has 26 tillable acres, includes mineral rights, has the seasonal Shell Drain running thru it, and has frontage on both Butman Road & Ritchie Road. Must see to appreciate the attention to detail throughout the house and in the outbuildings. Country living at its finest! $495,000
Last Agent to Sell the Property
RE/MAX RIVER HAVEN License #CGBOR-6506037990 Listed on: 04/07/2023
Last Buyer's Agent
Bryan Gardner
Ayre/Rhinehart-Midland License #BCRA
Home Details
Home Type
- Single Family
Year Built
- Built in 1997
Lot Details
- 37.83 Acre Lot
- 2,225 Ft Wide Lot
- Rural Setting
Home Design
- Cape Cod Architecture
- Stone Siding
- Vinyl Siding
Interior Spaces
- 2,424 Sq Ft Home
- 1.5-Story Property
- Ceiling Fan
- Gas Fireplace
- Living Room with Fireplace
- Bonus Room
- Workshop
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Basement
- Sump Pump
- Block Basement Construction
- Crawl Space
Parking
- 2 Car Garage
- Workshop in Garage
- Garage Door Opener
Outdoor Features
- Balcony
- Deck
- Pole Barn
- Shed
- Porch
Farming
- Horse or Livestock Barn
- Farm
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Electric Water Heater
- Water Softener is Owned
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 060-032-200-002-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2023
Closed on
Sep 6, 2023
Sold by
Schaefer Luke R and Schaefer Cortney A
Bought by
Hough Bernard J
Seller's Agent
Wayne Walts
RE/MAX RIVER HAVEN
Buyer's Agent
Bryan Gardner
Ayre/Rhinehart-Midland
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,743
Avg. Annual Appreciation
1.97%
Original Mortgage
$475,000
Outstanding Balance
$464,639
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$32,607
Purchase Details
Listed on
May 30, 2019
Closed on
May 31, 2019
Sold by
Gibbins John D and Gibbins Marcia A
Bought by
Schaefer Luke R
Seller's Agent
Robin Hanel
COLDWELL BANKER PROFESSIONALS
Buyer's Agent
Non Member Non Member
NONMEMBER
List Price
$365,000
Sold Price
$342,066
Premium/Discount to List
-$22,934
-6.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$287,699
Interest Rate
4.1%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hough Bernard J | $475,000 | North Star Title Ins Agcy Inc | |
| Schaefer Luke R | $342,066 | Attorney Only |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hough Bernard J | $475,000 | |
| Previous Owner | Schaefer Luke R | $287,699 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | $475,000 | -4.0% | $196 / Sq Ft | |
| 08/03/2023 08/03/23 | Pending | -- | -- | -- | |
| 04/07/2023 04/07/23 | For Sale | $495,000 | +44.7% | $204 / Sq Ft | |
| 05/31/2019 05/31/19 | Sold | $342,066 | -6.3% | $154 / Sq Ft | View Prior Sale |
| 05/31/2019 05/31/19 | Pending | -- | -- | -- | |
| 05/30/2019 05/30/19 | For Sale | $365,000 | -- | $164 / Sq Ft |
Source: Clare Gladwin Board of REALTORS®
Tax History Compared to Growth
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 | $1,374 | $216,400 | $33,600 | $182,800 |
| 2024 | $13 | $206,300 | $33,600 | $172,700 |
| 2023 | $1,385 | $157,100 | $0 | $0 |
| 2022 | $1,375 | $130,000 | $0 | $0 |
| 2021 | $2,899 | $106,800 | $33,600 | $73,200 |
| 2020 | $1,378 | $109,300 | $33,600 | $75,700 |
| 2019 | $2,184 | $91,500 | $33,600 | $57,900 |
| 2018 | $2,139 | $81,200 | $33,600 | $47,600 |
| 2017 | $2,432 | $94,200 | $33,600 | $60,600 |
| 2016 | $2,260 | $103,200 | $38,400 | $64,800 |
| 2015 | -- | $94,100 | $33,600 | $60,500 |
| 2014 | -- | $98,600 | $33,500 | $65,100 |
Source: Public Records
Agents Affiliated with this Home
-
Wayne Walts
-
B
Buyer's Agent in 2023
Bryan Gardner
Ayre/Rhinehart-Midland
-
Robin Hanel
Seller's Agent in 2019
Robin Hanel
COLDWELL BANKER PROFESSIONALS
(248) 701-5715
29 Total Sales
-
N
Buyer's Agent in 2019
Non Member Non Member
NONMEMBER
Map
Source: Clare Gladwin Board of REALTORS®
MLS Number: 50105155
APN: 060-032-200-002-00
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