NOT LISTED FOR SALE

5097 Ruby Dr Gladwin, MI 48624

Estimated Value: $366,359 - $404,000

3 Beds
2.5 Baths
2,350 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $359,000 $153 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,216/month

15 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wooded Lot
  • Sandy Beach
  • Wood Burning Stove
  • Saltbox Architecture

About This Home

As of July 2024

Check out this gorgeous waterfront home on beautiful Island Lake in NW Gladwin County. This extremely well-maintained home features a large updated kitchen with quartz countertops, farm house sink, hardwood floors, lots of cupboard space, under counter lighting, dining room with a natural fireplace, large living room with vaulted ceilings and lake-facing windows, main floor master bedroom suite with a view, main floor laundry, 2 large upstairs bedrooms, full upper bathroom, walkout basement with a wood-stove and a hobby room, fixed internet by AT&T. This home also features a three-level lake facing deck, a lower covered patio, deep attached 1.5 car garage, and more! Sit out on the open decks and enjoy the beautiful panoramic view of the lake or grab your fishing pole and go fishing at the end of the dock. (Bass, crappy, bluegill, sunfish, pike, perch). Island Lake is a no-gas motors lake that does allow electric motors. Island Lake also feature approximately 230 acres (+/-) of shared land for hunting, hiking, and ATV'ing. There's approx 7 miles of ATV trails throughout shared property. Island lake is also just around the corner from 1000's of acres of state land, snowmobile, and state ORV trails that lead up to Houghton Lake and surrounding areas. ***Sellers will not be responding to offers until after 12PM on May 28th to allow buyers time to tour the home over the holiday weekend.*** Take a Virtual Tour:

Last Agent to Sell the Property

Ivie Baker

Baker-Kehoe Realty LLC License #CGBOR-6502368792 Listed on: 05/21/2024

Last Buyer's Agent

Ivie Baker

Baker-Kehoe Realty LLC License #CGBOR-6502368792 Listed on: 05/21/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75.01x191.6x199.2x100
  • Lake Front
  • Sandy Beach
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Saltbox Architecture
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Entryway
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Home Office

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction
  • Crawl Space

Parking

  • 1.5 Car Attached Garage
  • Workshop in Garage

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Water Softener Leased
  • Septic Tank

Community Details

  • Island Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140-101-000-027-00

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Saltbox
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 2540
  • Total Tax Year: 2022
  • Year Built: 1981
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors, Walk-In Closet
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Leased
  • Fireplace: Yes
  • Fireplaces: DinRoom Fireplace, Natural Fireplace, Wood Stove
  • Basement: Yes
  • Basement: Block, Partially Finished, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 16 x 14
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 13 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 18 x 10
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: First, Flooring: Ceramic
  • Bathroom 2: On Level: Upper, Flooring: Ceramic
  • Room Types: Den/Study/Lib, Entry, Family Room, First Floor Laundry, First Flr Primary Bedroom, Living Room, Primary Bedroom, Primary Bathroom, Home Office, Primary Bdrm Suite, Second Flr Full Bathroom
  • Dining Room: On Main Floor, Dimensions: 14 x 12
  • Dining Room Floor Covering: Wood
  • Family Room: On Lower Floor, Dimensions: 20 x 10
  • Family Room Floor Covering: Carpet
  • Kitchen: On Main Floor, Dimensions: 15 x 11
  • Kitchen Floor Covering: Wood
  • Laundry: On Main Floor, Dimensions: 6 x 5
  • Laundry Room Floor Covering: Ceramic
  • Library Den: On Lower Floor, Dimensions: 11 x 10
  • Living Room: On Main Floor, Dimensions: 20 x 14
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 720
  • Finished Below Grade Sq Ft: 400
  • Above Grade Finished Sq Ft: 1950
  • Total Finished Sq Ft: 2350
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Patio, Porch
  • Foundation: Basement, Crawl, Partial Basement
  • Frontage: 75
  • Lake Name: Island Lake
  • Road: Access, Gravel, Private Road, Year Round, Private w/association
  • Water Features: Lake Frontage, Waterfront, No Gas Motors, No Wake Lake, Interior Lake, Sandy Bottom
  • Waterfront: Yes
  • Sideof Street: W
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage, Workshop
  • Garage Spaces: 1.5
  • Parking: 3 or More Spaces, Garage, Paved Driveway
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 140-101-000-027-00
  • Zoning: Residential
  • Lot Description: Treed
  • Lot Dimensions: 75.01X191.6X199.2X100
  • Acreage: 0.29
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Subdivision, Rolling/Hilly, Wooded

Rental Info

  • Pets Allowed: Yes
  • Application Fee: 500
  • Pet Restriction: Cats Allowed, Dogs Allowed

Tax Info

  • Summer Tax: Year: 2022, Amount: $935.00
  • Winter Tax: Year: 2022, Amount: $1,605.00
  • Total Tax: Year: 2022, Amount: $2,540.00

MLS Schools

  • School District: Harrison Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 2, 2024
Sold by
Zelno Richard A and Zelno Julia A
Bought by
Lapwing John
Seller's Agent
Ivie Baker
Baker-Kehoe Realty LLC
Buyer's Agent
Ivie Baker
Baker-Kehoe Realty LLC
List Price
$389,403
Sold Price
$359,000
Premium/Discount to List
-$30,403
-7.81%
Views
15
Current Estimated Value
$389,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,090
Avg. Annual Appreciation
5.59%

Purchase Details

Listed on
Jan 24, 2015
Closed on
Aug 5, 2015
Sold by
Thompson Matthew S and Thompson Michelle M
Bought by
Zelno Richard A and Zelno Julia A
Seller's Agent
Dave Walczak
Hallmark Real Estate Inc.
Buyer's Agent
Dave Walczak
Hallmark Real Estate Inc.
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$225,000
Interest Rate
4.01%
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
Lapwing John $359,000 --
Zelno Richard A $165,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zelno Richard A $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2024 07/02/24 Sold $359,000 -5.4% $153 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $379,403 -2.6% $161 / Sq Ft
05/21/2024 05/21/24 For Sale $389,403 +136.0% $166 / Sq Ft
08/05/2015 08/05/15 Sold $165,000 -8.3% $85 / Sq Ft View Prior Sale
07/27/2015 07/27/15 Pending -- -- --
01/24/2015 01/24/15 For Sale $179,900 -- $92 / Sq Ft
Source: Clare Gladwin 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
2025 $1,714 $164,700 $2,100 $162,600
2024 $978 $107,800 $2,100 $105,700
2023 $935 $102,700 $2,100 $100,600
2022 $2,495 $93,100 $0 $0
2021 $850 $85,900 $2,100 $83,800
2020 $850 $84,200 $2,100 $82,100
2019 $2,195 $82,400 $2,100 $80,300
2018 $2,134 $80,800 $2,100 $78,700
2017 $1,974 $83,200 $4,100 $79,100
2016 $1,929 $75,400 $18,700 $56,700
2015 -- $0 $0 $0
2014 -- $94,800 $19,700 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50142802

Clare Gladwin Board of REALTORS®

APN: 140-101-000-027-00