NOT LISTED FOR SALE

1162 Rivers Terrace Rd Gladwin, MI 48624

Estimated Value: $135,000 - $240,000

3 Beds
2 Baths
1,404 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 03, 2014

Last sale price $33,370 $24 Per Sq Ft

Est. 427% increase in value since last sale

Current estimated payment $1,077/month

87 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Detached Garage
  • Ranch Style House
  • Pole Barn
  • Forced Air Heating System

About This Home

As of March 2014

HUD Home, PRICE REDUCED Rural resort property, close to lakes and state land. 3 bed/2Ba home situated on 9.91 acres. Large pole barn garages on the property and nicely wooded land. Garden tub in master bedroom with french doors and double vanity separate shower and skylights. Skylights in kitchen with wood floors. Skylight in 2nd bath with combination shower/tub. Manufactured home, Property with propane, well, and septic systems. Any required propane, well or septic system repairs will be the buyer's expense, Properties location does not participate in FEMA Flood Zone mapping. Please refer to www.FloodSmart.gov for additional information regarding flood zones and insurance. Repairs: Remove yard hydrant, Remediate mold and replace ceiling drywall, Install disconnected down spout, Repair roof damages, Repair water lines to water heater, Install outlet cover. Available 02/03/14 bids due daily by 11:59pm CST till sold.Keys in LO $2/ea or $12/8-key set.

Last Agent to Sell the Property

Barbara Hecker

HARRISON REALTY INC. License #CGBOR Listed on: 11/13/2013

Co-Listed By

Chris Lowes

SMITH-MILLER,INC. License #CGBOR

Last Buyer's Agent

Rosemarie Mayfield

HARRISON REALTY INC. License #CGBOR-6502326205

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

Year Built

  • Built in 1996

Lot Details

  • 9.91 Acre Lot
  • Lot Dimensions are 383x1168

Parking

  • 3 Car Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Cathedral Ceiling

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Forced Air Heating System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 13003340000400

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,362

Year Built

Built in 1996

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: 1618
  • Total Tax Year: 2012
  • Year Built: 1996
  • Mail City: Gladwin
  • Special Features: RealEstateOwned
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling
  • Bedrooms: 3
  • Bedroom 1: On Main Floor
  • Bedroom 4: On Main Floor
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Dining Room: On Main Floor
  • Kitchen: On Main Floor
  • Living Room: On Main Floor
  • Above Grade Finished Sq Ft: 1404
  • Total Finished Sq Ft: 1404

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Frontage: 383
  • Road: Gravel
  • Out Buildings: Barn, Pole Barn

Garage/Parking

  • Garage: Detached Garage
  • Parking: 2 Spaces, 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 13003340000400
  • Lot Dimensions: 383x1168
  • Acreage: 9.91
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,073.57
  • Winter Tax: Amount: $544.79
  • Taxable Value: 34900
  • Total Tax: Year: 2012, Amount: $1,618.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2013
Closed on
Feb 27, 2014
Sold by
Secretary Of Housing & Urban Dev
Bought by
Mathis Kary
Seller's Agent
Barbara Hecker
HARRISON REALTY INC.
Buyer's Agent
Rosemarie Mayfield
HARRISON REALTY INC.
List Price
$49,000
Sold Price
$33,370
Premium/Discount to List
-$15,630
-31.9%
Current Estimated Value
$175,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,527
Avg. Annual Appreciation
16.35%
Source: Public Records

Range of Values:

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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
Mathis Kary $33,400 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2014 03/03/14 Sold $33,370 -31.9% $24 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
11/13/2013 11/13/13 For Sale $49,000 -- $35 / 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 $1,362 $83,500 $83,500 $0
2024 $466 $85,000 $85,000 $0
2023 $482 $64,500 $0 $0
2022 $463 $60,100 $0 $0
2021 $1,163 $56,700 $56,700 $0
2020 $1,127 $39,600 $39,600 $0
2019 $1,108 $36,000 $36,000 $0
2018 $1,175 $38,300 $38,300 $0
2017 $1,083 $42,600 $8,900 $33,700
2016 $1,083 $37,000 $11,100 $25,900
2015 -- $42,500 $8,900 $33,600
2014 -- $39,600 $8,900 $30,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41018197

Clare Gladwin Board of REALTORS®

APN: 130-033-400-004-00