NOT LISTED FOR SALE

5045 Ruby Dr Gladwin, MI 48624

Estimated Value: $148,000 - $232,000

2 Beds
1 Bath
800 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 06, 2017

Last sale price $89,900 $112 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,089/month

308 Days on Market

Highlights

  • Waterfront
  • Wood Burning Stove
  • Sun or Florida Room
  • Deck
  • Ranch Style House
  • 2.5 Car Detached Garage

About This Home

As of April 2017

Don't let this one get away! Your very own private lakefront no wake Island Lake Cottage located on a large deep wooded lot w/a 2 + car garage w/opener. Open concept inside w/a natural wood burning fireplace in living room, nice kitchen w/stove & fridge included, dining area, sun porch, full bath & 2 bedrooms. Updates include new roof, vinyl siding, water softener & privacy fence. If you like swimming, you'll love the sandy swimming beach! If you like views, you'll love the scenery & watching the bald eagles & loons! If you like fishing, great fishing lake, laid back feel & no gas motors allowed on this fishing lake! If you like peace & quiet, sit back & have a coffee or drink on the open deck or enclosed sun porch, both facing the lake. If you like the woods, treed lot plus 230 Acres of association shared land for walking, hunting & ATV's! Island Lake is located within a very short distance from the designated Trail Heads leading you to Houghton Lake for year round fun!

Last Agent to Sell the Property

Thom Kuchulan

RE/MAX First License #MISPE-6506044705 Listed on: 05/02/2016

RE/MAX First

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1959

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 75x387x75x365
  • Waterfront

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Sun or Florida Room
  • Carpet
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Adams Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140101000004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

Built in 1959

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1918
  • Total Tax Year: 2015
  • Year Built: 1959
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Water Softener - Owned
  • Fireplaces: Wood Stove
  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 9
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Types: Sun/Florida Room
  • Dining Room: On 1st Floor, Dimensions: 10 x 8
  • Dining Room Floor Covering: Carpet
  • Kitchen: On 1st Floor, Dimensions: 8 x 6
  • Kitchen Floor Covering: Carpet
  • Living Room: On 1st Floor, Dimensions: 16 x 12
  • Living Room Floor Covering: Carpet
  • Sun Room: On 1st Floor, Dimensions: 16 x 8
  • Sun Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 800
  • Total Finished Sq Ft: 800

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Crawl
  • Frontage: 75
  • Road: Gravel
  • Water Features: Lake Frontage, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage: Detached Garage, Electric in Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Heating: Wall Heat, Floor Furnace
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • HOA Fees: 250
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 140101000004000
  • Lot Dimensions: 75x387x75x365
  • Acreage: 0.69
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $1,456.00
  • Winter Tax: Year: 2015, Amount: $462.00
  • Total Tax: Year: 2015, Amount: $1,918.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2020
Sold by
Welch Michael L and Welch Melissa E
Bought by
Switzer Andrew J and Switzer Roxanne
Current Estimated Value
$193,968

Purchase Details

Listed on
May 2, 2016
Closed on
Apr 6, 2017
Sold by
French Phillip W and French Margaret J
Bought by
Welch Michael L and Welch Melissa E
Seller's Agent
Thom Kuchulan
RE/MAX First
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$94,900
Sold Price
$89,900
Premium/Discount to List
-$5,000
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$83,250
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Switzer Andrew J $100,000 Three Lks Abs & Title
Welch Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welch Michael L $83,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2017 04/06/17 Sold $89,900 -5.3% $112 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $94,900 +5.6% $119 / Sq Ft
12/31/2016 12/31/16 Off Market $89,900 -- --
10/14/2016 10/14/16 Price Changed $94,900 -5.0% $119 / Sq Ft
07/05/2016 07/05/16 Price Changed $99,900 -4.8% $125 / Sq Ft
05/02/2016 05/02/16 For Sale $104,900 -- $131 / Sq Ft
Source: Michigan Multiple Listing Service

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 $591 $79,100 $79,100 $0
2024 $576 $60,700 $60,700 $0
2023 $551 $58,500 $0 $0
2022 $2,425 $52,800 $0 $0
2021 $474 $48,400 $48,400 $0
2020 $474 $45,400 $45,400 $0
2019 $2,069 $44,300 $44,300 $0
2018 $2,315 $50,700 $50,700 $0
2017 $2,002 $51,300 $18,500 $32,800
2016 $1,969 $45,200 $17,600 $27,600
2015 -- $0 $0 $0
2014 -- $44,400 $18,500 $25,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31289186

Michigan Multiple Listing Service

APN: 140-101-000-040-00