NOT LISTED FOR SALE

5399 Morrow Rd Gladwin, MI 48624

Estimated Value: $70,651 - $98,000

3 Beds
1 Bath
890 Sq Ft
$93/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $50,000 $56 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $457/month

About This Home

As of November 2022

Grass lake area!

Last Agent to Sell the Property

Non Member Non Member

NONMEMBER License #CGBOR Listed on: 10/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $191

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 51 x 264
  • Waterfront

Home Design

  • 890 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Grass Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140-075-000-015-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$191

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 191
  • Year Built: 1940
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 9 x 8
  • Bedroom 2: On Main Floor, Dimensions: 7 x 7
  • Bedroom 3: On Main Floor, Dimensions: 6 x 7
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 7 x 9, On Level: Main
  • Above Grade Finished Sq Ft: 890
  • Total Finished Sq Ft: 890

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Slab
  • Frontage: 51
  • Lake Name: Grass Lake
  • Water Features: Water View, Waterfront
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 140-075-000-015-01
  • Lot Dimensions: 51 x 264
  • Acreage: 0.31
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $191.00
  • Winter Tax: Year: 2022
  • Total Tax: Amount: $191.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 7, 2022
Sold by
Glover Helen
Bought by
Ledtke Barbara J
Seller's Agent
Non Member Non Member
NONMEMBER
List Price
$63,500
Sold Price
$50,000
Premium/Discount to List
-$13,500
-21.26%
Current Estimated Value
$82,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,670
Avg. Annual Appreciation
17.59%
Original Mortgage
$40,000
Outstanding Balance
$31,230
Interest Rate
6.7%
Mortgage Type
Construction
Estimated Equity
$51,933
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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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
Ledtke Barbara J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledtke Barbara J $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2022 11/07/22 Sold $50,000 0.0% $56 / Sq Ft
11/07/2022 11/07/22 Sold $50,000 -21.3% $56 / Sq Ft View Prior Sale
10/05/2022 10/05/22 For Sale $63,500 0.0% $71 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
10/03/2022 10/03/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $63,500 -7.3% $71 / Sq Ft
06/13/2022 06/13/22 For Sale $68,500 0.0% $77 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $68,500 0.0% $77 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $68,500 -- $77 / 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 $290 $32,800 $0 $32,800
2024 $282 $27,000 $0 $27,000
2023 $271 $25,800 $0 $0
2022 $1,034 $25,000 $0 $0
2021 $182 $21,800 $0 $21,800
2020 $182 $20,400 $0 $20,400
2019 $897 $19,000 $0 $19,000
2018 $874 $18,100 $0 $18,100
2017 $833 $16,300 $1,500 $14,800
2016 $810 $16,300 $1,500 $14,800
2015 -- $0 $0 $0
2014 -- $18,300 $1,500 $16,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50096403

Clare Gladwin Board of REALTORS®

APN: 140-075-000-015-01