$282,000
SOLD FEB 27, 2025

2550 S Grout Rd Gladwin, MI 48624

2 Beds
2 Baths
1,200 Sq Ft
4.8 Acres

Recently Sold

$235 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • River Front
  • Wooded Lot
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Loft

About This Home

As of February 2025

GETAWAY ON GROUT! Perfectly positioned on 4.8 acres with 770 foot of frontage on the Tobacco River in Gladwin County you will find this adorable 1200 sqft home. Featuring 2 bedrooms and 2 full bathrooms this home is full of character as you make your way from the modern rustic charm of the first floor living room, kitchen and full bathroom all the way to the loft at the top that makes a great home office or children's play-space. The original garage was built in 1999 and then the home portion of the house was built on in 2020. Solar panels supplement the electric bringing summer bills down to an average of $6 a month and there is water run out to the garden/chicken coup area. The Tobacco river is well know for it's Trout fishing and the property offers plenty of space to deer hunt. If you're looking for the perfect sanctuary at the "end of the road", you better call right away!

Last Agent to Sell the Property

Matt Smith

Modern Realty License #MBR-6501402988 Listed on: 01/09/2025

Modern Realty

Last Buyer's Agent

Jeremy Stedry

Modern Realty License #MBR-6501402047

Modern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2020

Lot Details

  • 4.8 Acre Lot
  • 770 Ft Wide Lot
  • River Front
  • Street terminates at a dead end
  • Rural Setting
  • Wooded Lot

Home Design

  • Quad-Level Property
  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Loft
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 100-033-200-008-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: Quad-Level
  • Flood Insurance: Not Required
  • Total Tax Amount: 1138.82
  • Total Tax Year: 2017
  • Year Built: 2020
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Hardwood Floors
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace
  • Bedrooms: 2
  • Bedroom 1: On 2nd Floor, Dimensions: 12 x 12
  • Bedroom 2: On 2nd Floor, Dimensions: 14 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 8 x 7, On Level: First
  • Bathroom 2: Dimensions: 10 x 7, On Level: Second
  • Room Types: Living Room, Loft, First Flr Full Bathroom, Pantry, Eat-In Kitchen
  • Kitchen: On 1st Floor, Dimensions: 12 x 12
  • Above Grade Finished Sq Ft: 1200
  • Total Finished Sq Ft: 1200

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Deck
  • Foundation: Slab
  • Frontage: 770
  • Water Features: River Frontage, Water View
  • Waterfront: Yes
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener, Side Loading Garage, Workshop
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Wall Heat, Electric Heat
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s), Wall/Window A/C

Lot Info

  • Assessor Parcel Number: 100-033-200-008-00
  • Zoning: Residential
  • Lot Dimensions: Irregular
  • Acreage: 4.8
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, Rural, Wooded

Tax Info

  • Summer Tax: Year: 2017, Amount: $754.04
  • Winter Tax: Year: 2017, Amount: $384.78
  • Taxable Value: 55896
  • Total Tax: Year: 2017, Amount: $1,138.82
  • SEV Year: 2024

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 27, 2025
Sold by
Soulliere Jenna and Soulliere Zackary A
Bought by
Hagarty Ryan
Seller's Agent
Matt Smith
Modern Realty
Buyer's Agent
Jeremy Stedry
Modern Realty
List Price
$289,000
Sold Price
$282,000
Premium/Discount to List
-$7,000
-2.42%
Views
61
Current Estimated Value
$302,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,498
Avg. Annual Appreciation
13.35%
Original Mortgage
$225,600
Outstanding Balance
$222,771
Interest Rate
0.68%
Mortgage Type
Construction
Estimated Equity
$79,727

Purchase Details

Closed on
Jan 28, 2021
Sold by
Russell and Catherine
Bought by
Soulliere Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2016
Sold by
Walterhouse Gregory L and Walterhouse Sandra L
Bought by
Russell Karson R and Russell Catherine E
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 Type Sale Price Title Company
Warranty Deed $282,000 Midland Title Agcy
Grant Deed $150,000 North Star Title Ins Agcy Inc
Grant Deed $55,000 North Star Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,600 Construction
Previous Owner $147,283 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $282,000 -2.4% $235 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $289,000 -- $241 / Sq Ft
Source: Midland 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
2024 $1,550 $62,700 $62,700 $0
2023 $987 $55,100 $55,100 $0
2022 $987 $50,700 $0 $0
2021 $987 $43,200 $43,200 $0
2020 $987 $34,500 $34,500 $0
2019 $877 $31,600 $31,600 $0
2018 $570 $18,900 $18,900 $0
2016 $888 $22,000 $10,500 $11,500
2015 -- $21,700 $10,200 $11,500
2014 -- $21,100 $10,200 $10,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50164236

Midland Board of REALTORS®

APN: 100-033-200-008-00