NOT LISTED FOR SALE

5013 Ruby Dr Gladwin, MI 48624

Estimated Value: $264,000 - $479,000

5 Beds
3 Baths
3,200 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $389,000 $122 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,268/month

2 Days on Market

Highlights

  • Guest House
  • Waterfront
  • Recreation Room
  • Spa
  • Deck
  • Raised Ranch Architecture

About This Home

As of July 2024

Nestled along the serene shores of Island Lake, this exquisite 5-bedroom, 3-bathroom waterfront retreat epitomizes luxury living. Immaculately maintained, this home boasts elegant touches throughout, including granite countertops and upscale appliances in the spacious kitchen, perfect for culinary enthusiasts and entertaining alike. Stepping through the sunlit rooms, you'll find yourself enchanted by the panoramic views of the lake from the enclosed sun porch, a tranquil spot to savor morning coffee or unwind after a long day. Step outside onto the composite decking, where you can soak in the natural beauty and peaceful ambiance of the surrounding landscape. With 150 feet of frontage, this property offers unparalleled access to the crystal-clear waters of Island Lake, renowned for its excellent fishing and recreational opportunities. Additionally, the included bunkhouse provides comfortable accommodations for up to 6 guests, ensuring that family and friends can join in on the lakeside fun. Moreover, this property features a sandy beach and firepit, perfect for enjoying cozy evenings by the water with loved ones. With a private boat dock, you can easily embark on aquatic adventures or simply bask in the sun while taking in the tranquil surroundings. For outdoor enthusiasts, the possibilities are endless. Situated within a homeowners association boasting 270 acres of pristine wilderness, residents have exclusive access to hunting, woodcutting, and trail riding opportunities right in their backyard. And with proximity to Houghton Lake and access to thousands of acres of state land and ORV trails, adventure awaits around every corner. Beyond the main residence, a spacious 30 x 40 detached garage offers ample storage for vehicles, watercraft, and outdoor gear, while the all-concrete horseshoe driveway adds both convenience and curb appeal. Experience the epitome of waterfront living in this meticulously crafted retreat, where every detail has been thoughtfully designed to enhance your lifestyle and create lasting memories amidst the natural splendor of Island Lake.

Last Listed By

James Diedrich

Ayre/Rhinehart Bay REALTORS License #BCRA-6506045438 Listed on: 05/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 150x312
  • Waterfront

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 4 Car Detached Garage

Home Design

  • Raised Ranch Architecture
  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Entryway
  • Great Room
  • Family Room
  • Living Room
  • Recreation Room
  • Workshop
  • Sun or Florida Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Porch

Additional Homes

  • Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Zoned Heating
  • Boiler Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • Island Lake Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140-102-000-053-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,654

Year Built

Built in 2000

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Raised Ranch
  • Structure Style: Bi-Level
  • Year Built: 2000
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Block, Full, Partially Finished, Walk Out
  • Bedrooms: 5
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 16
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 12
  • Bedroom 2 Floor Covering: Laminate
  • Bedroom 3: On 1st Floor, Dimensions: 10 x 13
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On Lower Floor, Dimensions: 13 x 16
  • Bedroom 4 Floor Covering: Laminate
  • Bedroom 5: On Lower Floor, Dimensions: 12 x 13
  • Bedroom 5 Floor Covering: Carpet
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First, Flooring: Laminate
  • Bathroom 2: On Level: First, Flooring: Laminate
  • Bathroom 3: On Level: Lower, Flooring: Laminate
  • Room Types: Entry, Family Room, First Floor Bedroom, First Floor Laundry, First Flr Primary Bedroom, Great Room, Living Room, Recreation Room, Sun/Florida Room, Utility/Laundry Room, Workshop, Primary Bedroom, Primary Bathroom, Basement Full Bath, Primary Bdrm Suite
  • Dining Room: On 1st Floor, Dimensions: 11 x 13
  • Dining Room Floor Covering: Laminate
  • Family Room: On Lower Floor, Dimensions: 18 x 25
  • Family Room Floor Covering: Vinyl
  • Kitchen: On 1st Floor, Dimensions: 17 x 12
  • Kitchen Floor Covering: Laminate
  • Laundry: On 1st Floor, Dimensions: 10 x 6
  • Laundry Room Floor Covering: Laminate
  • Living Room: On 1st Floor, Dimensions: 25 x 12
  • Living Room Floor Covering: Laminate
  • Sun Room: On 1st Floor, Dimensions: 14 x 14
  • Sun Room Floor Covering: Laminate
  • Below Grade Sq Ft: 1960
  • Finished Below Grade Sq Ft: 1240
  • Above Grade Finished Sq Ft: 1960
  • Total Finished Sq Ft: 3200

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Patio, Porch, Spa/Hot Tub
  • Foundation: Basement
  • Frontage: 150
  • Lake Name: Island Lake
  • Road: Private Road, Private w/association
  • Water Features: Lake Frontage, Waterfront, No Gas Motors
  • Waterfront: Yes
  • Out Buildings: Shed, Garage(s), Guest House, Workshop
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 4
  • Garage: Yes

Utilities

  • Heating: Boiler, Zoned Heating
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Wall/Window A/C, Window Unit(s)

Condo/Co-op/Association

  • HOA Fees: 350
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 140-102-000-053-00
  • Lot Dimensions: 150x312
  • Acreage: 1.05
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,582.37
  • Winter Tax: Year: 2023, Amount: $2,908.63
  • Taxable Value: 150841
  • Total Tax: Year: 2023, Amount: $4,491.00
  • SEV Year: 2023

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 1, 2024
Sold by
Thompson Matthew S and Thompson Michelle M
Bought by
Living Lewis
Seller's Agent
James Diedrich
Ayre/Rhinehart Bay REALTORS
List Price
$389,000
Sold Price
$389,000
Total Days on Market
2
Views
29
Current Estimated Value
$378,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,130
Avg. Annual Appreciation
-3.06%

Purchase Details

Closed on
Jun 20, 2017
Sold by
Thompson Family Trust
Bought by
Thompson Matthew S and Thompson Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2015
Sold by
Thompson James and Thompson Ruth

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 Buyer Sale Price Title Company
Living Lewis $389,000 --
Thompson Matthew S $205,000 Mason Burgess Title Agcy
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Matthew S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $389,000 0.0% $122 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $389,000 -- $122 / Sq Ft
Source: Bay County Realtor® Association 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
2024 $1,654 $185,700 $185,700 $0
2023 $1,582 $178,100 $178,100 $0
2022 $4,115 $152,100 $0 $0
2021 $1,231 $123,000 $123,000 $0
2020 $1,231 $118,300 $118,300 $0
2019 $5,232 $115,200 $115,200 $0
2018 $5,406 $121,200 $121,200 $0
2017 $4,353 $123,900 $36,100 $87,800
2016 $4,278 $98,400 $33,300 $65,100
2015 -- $0 $0 $0
2014 -- $104,500 $36,100 $68,400
Source: Public Records

Agents Affiliated with this Home

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Source: Bay County Realtor® Association MLS

MLS Number: 50141822

Bay County Realtor® Association MLS

APN: 140-102-000-053-00