NOT LISTED FOR SALE

5487 Morrow Rd Gladwin, MI 48624

Estimated Value: $86,000 - $108,000

1 Bed
1 Bath
980 Sq Ft
$100/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $82,987 $85 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $552/month

6 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Porch
  • Wood Burning Stove
  • 2.5 Car Detached Garage
  • Ceramic Tile Flooring

About This Home

As of January 2024

Check out this cute and cozy waterfront home/cottage on Grass Lake in northwestern Gladwin County. This home is located on a large corner lot on the lake and is just a short distance from state land and the snowmobile trailhead. This home is currently being used as a full-time home but it would also make a fantastic getaway cottage. This home features a full kitchen, spacious living room, wood-burning stove, full bath, spacious bedroom with a walk-in closet, and a laundry/utility room. This home also features a 2.5 car detached garage and a nice storage shed. There are 3 driveways and a nice walk to the lake from the backyard. Make your appointment today! (Will not go FHA, VA or RD).

Last Agent to Sell the Property

Ivie Baker

Baker-Kehoe Realty LLC License #CGBOR-6502368792 Listed on: 12/05/2023

Last Buyer's Agent

Ryan Baker

Baker-Kehoe Realty LLC License #CGBOR-6501442147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 75x417x74x401
  • Waterfront
  • Rural Setting

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 980 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • Grass Lake Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140-075-000-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$841

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 841
  • Total Tax Year: 2022
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Stove, Wood Burning, Free Standing Fireplace
  • Bedrooms: 1
  • Bedroom 1: On Main Floor, Dimensions: 12 x 14
  • Bedroom 1 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main, Flooring: Ceramic
  • Kitchen: On Main Floor, Dimensions: 9 x 8
  • Kitchen Floor Covering: Ceramic
  • Living Room: On Main Floor, Dimensions: 18 x 13
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 980
  • Total Finished Sq Ft: 980

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Slab
  • Frontage: 75
  • Lake Name: Grass Lake
  • Road: Gravel, Year Round
  • Water Features: Lake Frontage, Water View, Waterfront
  • Waterfront: Yes
  • Sideof Street: S
  • Out Buildings: Garage(s)
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 140-075-000-001-00
  • Zoning: Residential
  • Lot Dimensions: 75x417x74x401
  • Acreage: 0.69
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Subdivision

Tax Info

  • Summer Tax: Year: 2022, Amount: $232.00
  • Winter Tax: Year: 2022, Amount: $609.00
  • Total Tax: Year: 2022, Amount: $841.00

MLS Schools

  • School District: Harrison Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jan 19, 2024
Sold by
Kilgore Gerald G
Bought by
Hagood Joseph
Seller's Agent
Ivie Baker
Baker-Kehoe Realty LLC
Buyer's Agent
Ryan Baker
Baker-Kehoe Realty LLC
List Price
$82,987
Sold Price
$82,987
Views
11
Current Estimated Value
$98,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,085
Avg. Annual Appreciation
8.99%
Original Mortgage
$80,497
Outstanding Balance
$76,431
Interest Rate
0.66%
Mortgage Type
Construction
Estimated Equity
$21,641
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hagood Joseph $82,987 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagood Joseph $80,497
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $82,987 0.0% $85 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $82,987 -- $85 / 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 $457 $43,900 $43,900 $0
2024 $254 $36,200 $36,200 $0
2023 $243 $29,800 $0 $0
2022 $841 $26,500 $0 $0
2021 $221 $23,800 $23,800 $0
2020 $221 $24,200 $24,200 $0
2019 $705 $24,300 $24,300 $0
2018 $684 $21,000 $21,000 $0
2017 $642 $19,800 $8,800 $11,000
2016 $648 $21,400 $8,800 $12,600
2015 -- $0 $0 $0
2014 -- $23,500 $8,800 $14,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50129198

Clare Gladwin Board of REALTORS®

APN: 140-075-000-001-00