NOT LISTED FOR SALE

493 E Ridge Rd Gladwin, MI 48624

Estimated Value: $165,000 - $208,000

3 Beds
1 Bath
1,000 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $151,000 $151 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,017/month

30 Days on Market

Highlights

  • Private Waterfront
  • Bluff on Lot
  • Paneling
  • Deeded Waterfront Access Rights
  • Ranch Style House
  • Space Heater

About This Home

As of October 2021

3 bedroom cottage with 112 feet of waterfront on the Tittabawassee River leading to Smallwood Lake. Country kitchen, large, comfortable living room. Many updates and upgrades such as windows & shades, entry & storm doors, flooring. Private & secluded half acre lot on a dead end road.

Last Agent to Sell the Property

Sharon Wade

LADY OF THE LAKES NORTH REAL ESTATE, INC. License #6506015536 Listed on: 07/27/2021

Last Buyer's Agent

Non Member Office

Aspire North Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 112x143x86x150x120
  • Private Waterfront
  • 112 Feet of Waterfront
  • Bluff on Lot
  • Sloped Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Paneling
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Windows
  • Basement Window Egress

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Property is near a lake

Utilities

  • Space Heater
  • Well
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1960
  • Construction: Frame
  • Private Shared: Private
  • Qtr Section: NE
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Drywall, Paneling
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11x10
  • Bedroom 2: Dimensions: 11x9
  • Bedroom 3: Dimensions: 11x10
  • Total Bathrooms: 1
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 18x13
  • Living Room: Dimensions: 18x12
  • Range: R 1E
  • Total Finished Sf Apx: 1000

Exterior Features

  • Body Of Water: Smallwood Lake
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Slab, Daylight Windows, Egress Windows
  • Number Of Acres: 0.5
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), River, All Sports, Water View, Bluff (greater than 10ft), Public Lake
  • Waterfront Frontage: 112

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Cooling Types: Space Heater
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Sloping
  • Lot Dimensions: 112x143x86x150x120
  • Parcel Description: Metes and Bounds, Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 20, 2021
Sold by
Leonard and Kimberly
Bought by
Stumpo Christine N
Seller's Agent
Sharon Wade
LADY OF THE LAKES NORTH REAL ESTATE, INC.
Buyer's Agent
Non Member Office
Aspire North Realtors
List Price
$149,900
Sold Price
$151,000
Premium/Discount to List
$1,100
0.73%
Current Estimated Value
$185,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,728
Avg. Annual Appreciation
5.03%
Original Mortgage
$76,000
Outstanding Balance
$69,573
Interest Rate
3.07%
Mortgage Type
Construction
Estimated Equity
$116,155

Purchase Details

Listed on
Apr 9, 2019
Closed on
Aug 9, 2019
Sold by
Taylor David L and Taylor Lucille L
Bought by
Michael Leonard and Leonard Kimberly
Seller's Agent
Shannon Cummings
CUMMINGS REALTY
Buyer's Agent
Non Member Non Member
NONMEMBER
List Price
$105,000
Sold Price
$98,000
Premium/Discount to List
-$7,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.61%
Original Mortgage
$88,200
Interest Rate
3.73%
Mortgage Type
Construction
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

Date Buyer Sale Price Title Company
Stumpo Christine N $151,000 North Star Title Ins Agcy Inc
Michael Leonard $98,000 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stumpo Christine N $76,000
Previous Owner Michael Leonard $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $151,000 +0.7% $151 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $149,900 +53.0% $150 / Sq Ft
08/09/2019 08/09/19 Sold $98,000 -6.7% $89 / Sq Ft View Prior Sale
07/13/2019 07/13/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $105,000 -- $95 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $566 $65,200 $65,200 $0
2024 $6 $71,000 $71,000 $0
2023 $1,437 $49,800 $0 $0
2022 $2,688 $45,400 $0 $0
2021 $1,983 $39,100 $39,100 $0
2020 $1,938 $36,200 $36,200 $0
2019 $1,669 $37,500 $37,500 $0
2018 $1,649 $29,400 $29,400 $0
2017 $1,647 $30,000 $30,000 $0
2016 $1,759 $40,200 $21,800 $18,400
2015 -- $0 $0 $0
2014 -- $51,500 $34,400 $17,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sharon Wade

    LADY OF THE LAKES NORTH REAL ESTATE, INC.

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member Office

    Aspire North Realtors

  • Shannon Cummings

    Seller's Agent in 2019

    Shannon Cummings

    CUMMINGS REALTY

    (989) 339-1326

    248 Total Sales

    Shannon Cummings
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member Non Member

    NONMEMBER

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1890951

Northern Great Lakes REALTORS® MLS

APN: 130-028-400-007-00

Michigan Gladwin County Gladwin 48624

493 E Ridge Rd, Gladwin, MI

Not Listed for Sale

Detached

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Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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