NOT LISTED FOR SALE

5475 N Cedar River Rd Gladwin, MI 48624

Estimated Value: $192,000 - $230,000

2 Beds
1.5 Baths
950 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $167,500 $176 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,284/month

15 Days on Market

Highlights

  • 134 Feet of Waterfront
  • Wooded Lot
  • Pole Barn
  • Deck
  • Ranch Style House
  • Furnished

About This Home

As of September 2021

Welcome home to the most beautiful location on the Cedar River. The adorable river cabin with expansive grassy yard and lovely perennial gardens feels almost like living in a storybook. Seller has used it year round as a weekend getaway. This 2 bed, 1.5 bath ranch has been lovingly updated over the past several years. The expansive deck wraps around 3 sides of the cabin. Some updates include 6 door walls which give you the best view of the river from every angle. Huge living room and dining room for family gatherings. Newer paint, carpeting, vinyl plank and vinyl floor coverings. Bead board in laundry and 1/2 bath. Huge pole barn with spacious storage area in the back and 2 car garage in the front.
Other updates include driveway retaining wall and new walkway off the front porch. Sump pump, Water Boss water softener and so much more! You will love the peacefulness of life at the river not to mention the great trout fishing. Selling partially furnished! Agent is owner.

Last Agent to Sell the Property

Mary Ketelhut

Real Estate One-Novi License #6501308620 Listed on: 07/31/2021

Real Estate One-Novi

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1965 | Remodeled in 1988

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 150x137x134x167
  • 134 Feet of Waterfront
  • River Front
  • Wooded Lot

Home Design

  • Ranch Style House
  • Cottage
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 950 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Pole Barn

Location

  • Ground Level

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Liquid Propane Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Garver Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12007500000700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,719

Year Built

Built in 1965 | Remodeled in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cottage, Ranch
  • Architecture Level: 1 Story
  • Assessment: N/K
  • Year Built: 1965
  • State Equalized Value: 43000.0000
  • Year Renovated: 1988
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 338297.8700
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Water Softener (owned), Furnished - Yes
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Washer
  • Total Sq Ft: 950

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Cedar River
  • Waterfront: Yes
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Chimney Cap(s)
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Gravel
  • Water Frontage Feet: 134.00
  • Waterfront Description: River Front, Water Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Wall/Floor Furnace
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Features: Vacation Home, Wooded
  • Lot Size Area: 0.47
  • Lot Dimensions: 150x137x134x167
  • Parcel Number: 12007500000700
  • Percent Wooded: 40

Tax Info

  • Tax Amount Summer: 1149.0000
  • Tax Amount Winter: 570.0000
  • Total Tax: 1719.0000
  • Taxable Value: 38025.0000

MLS Schools

  • School District: Gladwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Sep 15, 2021
Sold by
Ketelhut John J and Ketelhut Mary C
Bought by
Regiec Jesse M
Seller's Agent
Mary Ketelhut
Real Estate One-Novi
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$159,000
Sold Price
$167,500
Premium/Discount to List
$8,500
5.35%
Current Estimated Value
$211,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,626
Avg. Annual Appreciation
5.62%
Original Mortgage
$128,800
Outstanding Balance
$117,372
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$93,754
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Regiec Jesse M $146,076 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regiec Jesse M $128,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $167,500 +5.3% $176 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $159,000 +218.0% $167 / Sq Ft
02/02/2016 02/02/16 Sold $50,000 -27.5% $56 / Sq Ft View Prior Sale
02/02/2016 02/02/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $69,000 -- $77 / Sq Ft
Source: Realcomp

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 $2,072 $84,900 $6,300 $78,600
2024 $1,256 $86,700 $6,300 $80,400
2023 $1,291 $68,400 $0 $0
2022 $1,938 $40,800 $0 $0
2021 $1,749 $43,000 $6,300 $36,700
2020 $1,718 $37,500 $6,300 $31,200
2019 $1,715 $38,850 $6,300 $32,550
2018 $1,662 $36,500 $6,300 $30,200
2017 $1,659 $36,600 $3,750 $32,850
2016 $973 $36,200 $5,600 $30,600
2015 -- $0 $0 $0
2014 -- $36,500 $11,150 $25,350
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Ketelhut

    Real Estate One

    Section Image

  • N

    Buyer's Agent in 2021

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2021

    Unidentified Agent

    Unidentified Office

  • L

    Seller's Agent in 2016

    Lisa Vasher

    VASHER PROPERTIES LLC

    (989) 429-0908

    105 Total Sales

    Lisa Vasher
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member Non Member

    NONMEMBER

See All Agents

Map

Source: Realcomp

MLS Number: 2210060995

Realcomp

APN: 120-075-000-007-00

Michigan Gladwin County Gladwin 48624

5475 N Cedar River Rd, Gladwin, MI

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes