NOT LISTED FOR SALE

1072 Rivers Terrace Rd Gladwin, MI 48624

Gladwin Area

Estimated Value: $66,000

4 Beds
1 Bath
1,890 Sq Ft
$35/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2025

Last sale price $180,000 $95 Per Sq Ft

Current estimated payment $388 / mo

3 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Beach Access
  • Ceiling Fan
  • Dock Facilities
  • Forced Air Heating System
  • Garage

About This Home

As of May 2025

A lovely 4-bedroom WATERFRONT home on all-sports Smallwood Lake for under $200,000! This home has over 1800 sqft of finished living space that’s perfect for hosting! The walkout basement has a large ENTERTAINING AREA that spills out perfectly onto the expansive outdoor patios. You’ll enjoy the UPDATED KITCHEN that overlooks the entertaining space and the firelit living room where you can see water from every window! The home is located on a treed DOUBLE LOT which has room for all of your guests and provides lots of privacy. You’ll love the up north feel as you drive down the peaceful dead-end street surrounded by trees to your new home. Lots of outdoor storage in the 1-car garage, additional 2nd floor loft, and large workshop! This home really has it all, you’ll love walking down to your boat dock and making memories with your family and friends on the lake! It's the PERFECT getaway, full-time home, even possibly an Airbnb. Furnishings negotiable. Smallwood Dam project estimated to be finished at the end of 2025 and lake returning for next Summer (2026).

Last Agent to Sell the Property

Ryan Scully

Tremaine Real Estate License #6501386493 Listed on: 04/07/2025

Last Buyer's Agent

Katie Savino

License #6501450371

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1980

Lot Details

  • 37,462 Sq Ft Lot
  • Lot Dimensions are 150x250
  • 150 Feet of Waterfront
  • Lake Front

Parking

  • Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Seawall
  • Dock Facilities

Location

  • Ground Level

Utilities

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

Community Details

  • Water Sports

Listing and Financial Details

  • Assessor Parcel Number 13016000001003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,479

Year Built

Built in 1980

Lot Details

0.86 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • State Equalized Value: 68600.00
  • Entry Location: GroundLevelwSteps
  • Property Sub Type: SingleFamilyResidence
  • LotSizeAcres: 0.86
  • Water Body Name: Smallwood Lake
  • Co List Office Mls Id: 308642
  • Above Grade Finished Sq Ft: 1180.00
  • Living Area: 1890.00
  • ClassName: Residential
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 710.00

Exterior Features

  • Waterfront: Yes
  • Foundation Details: Basement, Block
  • Construction Materials: WoodSiding
  • Road Frontage Type: Paved
  • Water Frontage Feet: 150.00
  • Disclosures: TaxesHomesteadExempt
  • Home Warranty: No
  • Roof: Asphalt

Garage/Parking

  • Garage: Yes

Utilities

  • Cooling: CeilingFans
  • Heating: ForcedAir, Propane
  • Sewer: SepticTank
  • Water Heater Fuel: Electric
  • Water Source: Well

Schools

  • Junior High Dist: Gladwin

Lot Info

  • Lot Size Area: 0.86
  • Lot Dimensions: 150x250
  • Parcel Number: 13016000001003

Tax Info

  • Tax Amount Summer: 792.00
  • Tax Amount Winter: 1687.00
  • Tax Annual Amount: 2479.00

Multi Family

  • Waterfront Features: AllSportsLake, BeachAccess, DirectWaterFrontage, DockFacilities, LakeFront, Seawall, Waterfront

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $180,000 -9.5% $95 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $199,000 -- $105 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $296 $14,900 $0 $0
2025 $296 $13,800 $13,800 $0
2024 $3 $14,900 $14,900 $0
2023 $284 $11,700 $0 $0
2022 $267 $9,200 $0 $0
2021 $383 $8,700 $8,700 $0
2020 $437 $10,000 $10,000 $0
2019 $97 $11,400 $11,400 $0
2018 $96 $11,300 $11,300 $0
2017 $94 $11,100 $11,100 $0
2016 $94 $6,500 $6,500 $0
2015 -- $4,800 $4,800 $0
2014 -- $4,800 $4,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250014720

Realcomp

APN: 130-033-400-004-19

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