NOT LISTED FOR SALE

1887 E River Dr Beaverton, MI 48612

Estimated Value: $98,000 - $140,000

3 Beds
1 Bath
700 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $89,000 $127 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $687/month

13 Days on Market

Highlights

  • Sandy Beach
  • Deck
  • Wooded Lot
  • River Front
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of February 2024

WHOA! Excellent waterfront location on the Molasses River in Eastern Gladwin County. These 3 waterfront lots abut hundreds of acres of State Land which meander-eventually connecting to the Gladwin ORV trailhead. Get the best of both worlds with a quiet, serene waterfront view at the cabin or jump onto the trails for a day of fun! The cabin is being sold "as is" with updates needed. However, all the amenities function; well, septic, forced air furnace AND wood stove for back up heat. 3 Bedrooms/1 bath. Enclosed Sun porch on the riverside. The attached garage is more of a "boat house" with the larger door opening up on the riverside. One neighbor to the North, Stateland to the South/East and West! The 2nd best thing about this cabin; it's located on a stretch of the Molasses River that is boat-able into Wixom Lake (when the lake returns) However, there are NO DAM ASSESSMENTS on this property due to location on the Molasses River. YAY! This sale is CASH OR CONVENTIONAL loan only. NO LAND CONTRACTS.

Last Agent to Sell the Property

Susan Foster

Cedar & Crow Realty License #CGBOR-6501452181 Listed on: 12/28/2023

Co-Listed By

Rebecca Tomac

Cedar & Crow Realty License #CGBOR-6502432255

Last Buyer's Agent

Susan Foster

Cedar & Crow Realty License #CGBOR-6501452181 Listed on: 12/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • 158 Ft Wide Lot
  • River Front
  • Sandy Beach
  • Rural Setting
  • Wooded Lot
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 700 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Bonus Room
  • Sun or Florida Room
  • Carpet
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Whitney Beach Sub No 4 Subdivision
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 110-374-000-031-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,151

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units, Residential
  • Type Of Property: Single Family
  • Architecture Style: Cottage
  • Structure Style: 1 1/2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 1157
  • Total Tax Year: 2023
  • Year Built: 1960
  • Mail City: Beaverton
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Cable/Internet Avail., Cathedral/Vaulted Ceiling, Window Treatment(s), Furnished, Skylights
  • Appliances: Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Wood Stove, Wood Burning
  • Basement: None (Basement)
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 9 x 9
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 9 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 9 x 9
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 9 x 6, On Level: Entry, Flooring: Laminate
  • Room Types: First Floor Bedroom, First Flr Primary Bedroom, Living Room, Lower Level Laundry, Sun/Florida Room, Bonus Room, Pantry, Eat-In Kitchen
  • Dining Room: On Entry Level, Dimensions: 10 x 9
  • Dining Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 10 x 9
  • Kitchen Floor Covering: Carpet
  • Living Room: On Entry Level, Dimensions: 16 x 11
  • Living Room Floor Covering: Carpet
  • Sun Room: On Entry Level, Dimensions: 19 x 7
  • Other Room 2: Dimensions: 19x8, On Level: Entry, Flooring: Linoleum
  • Above Grade Finished Sq Ft: 700
  • Total Finished Sq Ft: 700

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Patio, Garden Area
  • Foundation: Slab
  • Frontage: 158
  • Lake Name: Molasses River
  • Road: City/County, Gravel
  • Water Features: All Sports Lake, River Frontage, Water View, Waterfront, Sandy Bottom
  • Waterfront: Yes
  • Sideof Street: E
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Parking: 3 or More Spaces
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 110-374-000-031-00
  • Zoning: Residential
  • Lot Description: Treed
  • Lot Dimensions: 7292
  • Acreage: 0.17
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Subdivision, Platted, Ravine, Wooded, Adjoins State/Fed Land

Rental Info

  • Pet Restriction: No Restrictions

Tax Info

  • Summer Tax: Year: 2023, Amount: $701.00
  • Winter Tax: Year: 2022, Amount: $456.00
  • Taxable Value: 22292
  • Total Tax: Year: 2023, Amount: $1,157.00
  • SEV Year: 2023

MLS Schools

  • School District: Beaverton Rural Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Feb 2, 2024
Sold by
Ruby R S R and Ruby S F
Bought by
Reaume Danny
Seller's Agent
Susan Foster
Cedar & Crow Realty
Buyer's Agent
Susan Foster
Cedar & Crow Realty
List Price
$99,000
Sold Price
$89,000
Premium/Discount to List
-$10,000
-10.1%
Views
221
Current Estimated Value
$112,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,743
Avg. Annual Appreciation
14.65%
Original Mortgage
$71,200
Outstanding Balance
$67,789
Interest Rate
0.67%
Mortgage Type
Construction
Estimated Equity
$44,954
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
Reaume Danny $89,000 North Star Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reaume Danny $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2024 02/02/24 Sold $89,000 -10.1% $127 / Sq Ft
12/28/2023 12/28/23 For Sale $99,000 -- $141 / 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 $1,151 $32,900 $32,900 $0
2024 $642 $30,400 $30,400 $0
2023 $615 $22,700 $0 $0
2022 $1,004 $21,100 $0 $0
2021 $941 $20,600 $20,600 $0
2020 $887 $20,300 $20,300 $0
2019 $849 $18,600 $18,600 $0
2018 $826 $17,200 $17,200 $0
2017 $807 $17,500 $4,300 $13,200
2016 $797 $17,600 $4,500 $13,100
2015 -- $0 $0 $0
2014 -- $16,700 $4,300 $12,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50130492

Clare Gladwin Board of REALTORS®

APN: 110-374-000-031-00