NOT LISTED FOR SALE

1516 E Lake Point Dr Gladwin, MI 48624

Estimated Value: $267,476 - $344,000

3 Beds
2 Baths
1,044 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $179,900 $172 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,873/month

466 Days on Market

Highlights

  • Pier or Dock
  • Deck
  • Cathedral Ceiling
  • Waterfront
  • Ranch Style House
  • Attached Garage

About This Home

As of October 2017

The exceptional Pratt Lake view and maintenance free lifestyle of this energy efficient home makes your decision easy!The seller is willing to convert the home back to 3 bedrooms. The existing 12x8 second bath would be changed to an appx 8x8 bedroom and smaller 2nd bath. The quality of the home assures you that the changes being made would be both taste full and completed to perfection. The well appointed kitchen is open to the living room. Step out on the deck and have instant shade with the electric sun setter awning.The three plus garage allows for all the storage a lake house needs plus a second kitchen for all of the fun lake parties in your future. Offered with all appliances and some furnishings. Keyless entry,high speed internet plus a quiet location on this 180 acre spring fed lovely lake. Swimming, fishing, boating or playing on the sand bar can be enjoyed with this move in ready and maintenance free gem! Make the right choice, all this home needs is you!!

Last Agent to Sell the Property

Robin Hanel

COLDWELL BANKER PROFESSIONALS License #CGBOR-6501235512 Listed on: 06/27/2016

COLDWELL BANKER PROFESSIONALS

Last Buyer's Agent

Richard Galeaz

RICHARDS PROPERTIES License #CGBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1983

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 201x102x96
  • Waterfront

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,044 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 120-087-000-007-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,384

Year Built

Built in 1983

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: 2588
  • Total Tax Year: 2015
  • Year Built: 1983
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Window Treatment(s)
  • Appliances: Disposal, Dryer, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 11 x 9
  • Bedroom 4: On Main Floor, Dimensions: 8 x 8
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Kitchen: On Main Floor, Dimensions: 28 x 15
  • Living Room: On Main Floor, Dimensions: 28 x 15
  • Above Grade Finished Sq Ft: 1044
  • Total Finished Sq Ft: 1044

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Frontage: 201
  • Lake Name: Pratt Lake
  • Road: Private Road
  • Water Features: All Sports Lake, Dock/Pier Facility, Sea Wall
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Ceiling Fan(s), Window Unit(s)

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly

Lot Info

  • Assessor Parcel Number: 120-087-000-007-00
  • Zoning: Residential
  • Lot Dimensions: 201x102x96
  • Acreage: 0.23
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,803.00
  • Winter Tax: Amount: $785.00
  • Taxable Value: 59283
  • Total Tax: Year: 2015, Amount: $2,588.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Oct 6, 2017
Sold by
Merlin Bush and Merlin Christian
Bought by
Fore Edwin D
Seller's Agent
Robin Hanel
COLDWELL BANKER PROFESSIONALS
Buyer's Agent
Richard Galeaz
RICHARDS PROPERTIES
List Price
$198,900
Sold Price
$179,900
Premium/Discount to List
-$19,000
-9.55%
Current Estimated Value
$300,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,219
Avg. Annual Appreciation
6.58%
Original Mortgage
$160,000
Outstanding Balance
$133,645
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$166,474
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
Fore Edwin D $179,900 North Star Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fore Edwin D $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $179,900 -9.6% $172 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
06/27/2016 06/27/16 For Sale $198,900 -- $191 / 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 $3,384 $131,200 $0 $131,200
2024 $2,064 $109,900 $0 $109,900
2023 $2,122 $93,000 $0 $0
2022 $3,261 $80,700 $0 $0
2021 $3,063 $82,400 $0 $82,400
2020 $3,010 $71,400 $0 $71,400
2019 $2,963 $64,350 $0 $64,350
2018 $2,927 $61,350 $0 $61,350
2017 $2,532 $56,000 $31,500 $24,500
2016 $2,654 $59,850 $28,900 $30,950
2015 -- $0 $0 $0
2014 -- $58,350 $31,500 $26,850
Source: Public Records

Agents Affiliated with this Home

  • Robin Hanel

    Seller's Agent in 2017

    Robin Hanel

    COLDWELL BANKER PROFESSIONALS

    (248) 701-5715

    30 Total Sales

    Robin Hanel
    Section Image

  • R

    Buyer's Agent in 2017

    Richard Galeaz

    RICHARDS PROPERTIES

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41022400

Clare Gladwin Board of REALTORS®

APN: 120-087-000-007-00

Michigan Gladwin County Gladwin 48624

1516 E Lake Point Dr, Gladwin, MI

This home is located at 1516 E Lake Point Dr, Gladwin, MI 48624 since 27 June 2016 and is currently estimated at $300,119, approximately $287 per square foot. This property was built in 1983. 1516 E Lake Point Dr is a home located in Gladwin County with nearby schools including Gladwin Elementary School, Gladwin Intermediate School, and Gladwin Junior High School.

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.

Clare Gladwin Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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