NOT LISTED FOR SALE

228 Arbutus St Gladwin, MI 48624

Estimated Value: $155,000 - $181,000

0.23 Acre
$726,448 Price per Acre
10,019 Sq Ft Lot

Last Sold August 24, 2022

Last sale price $128,000 $111 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $932/month

9 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • 1.5 Car Attached Garage
  • Ranch Style House
  • Fireplace
  • Living Room

About This Lot

As of August 2022

PRICE REDUCED!! PRICE REDUCED!! 2 bedroom, 1 bath, single-family home located on a Smallwood Lake canal. Situated on a hill (and NOT affected by the 2020 flood), sit back and enjoy the views from one of the two enclosed porches. 2022 updates include: switch from propane to natural gas, stainless steel refrigerator and gas stove, gas hot water heater, laminate flooring, fresh paint, and new window screens. Other updates include a new well, pump, and bladder (2017). The home also features two wood-burning fireplaces, cedar-lined closets, and marble windowsills.

Per the Four Lakes Task Force as of May 3rd, 2022, water levels are expected to return to Smallwood in 2024.

Last Agent to Sell the Property

Laurie Dickson

Real Estate One Gladwin License #6501372502 Listed on: 06/08/2022

Real Estate One Gladwin

Last Buyer's Agent

TINA SCHUMACHER

Heritage House Realty, P.C License #6501387757

Property Details

Property Type

  • Land

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Home fronts a canal
  • Property fronts a private road

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,156 Sq Ft Home
  • Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 1.5 Car Attached Garage
  • Heated Garage

Schools

  • Gladwin Elementary School
  • Gladwin High School

Utilities

  • Central Heating
  • Well
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Heil & Rivers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110-170-000-009-00
  • Tax Block 9

Property Details

Property Type

Land

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: M-61 East 6 mile to Arbutus. South on Arbutus to property.
  • Garage Yn: Yes
  • Lot Size: 100x100
  • Prop. Type: Residential
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1960
  • PropertySubType: Residential Lot
  • Road Frontage Type: All-Sport
  • ResoLaundryFeatures: In Basement
  • Lot Size Acres: 0.23
  • Road Surface Type: Gravel, Private
  • NAV29_Unit_1_Appliances: Washer, Range/Oven, Refrigerator, Microwave, Dryer
  • Co List Office Phone: 989-426-2000
  • MLS Status: Closed
  • Subdivision Name: Heil & Rivers
  • Above Grade Finished Sq Ft: 1156.0
  • Architectural Style: Ranch
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Canal
  • General Property Information Lot Size Dimensions: 100x100
  • Property Information Total Bathrooms2: 1.0
  • Property Information:Style2: Ranch
  • Property Information Construction: Frame
  • Road:Private2: Yes
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Basement Specifics Full: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Central Air2: Yes
  • HeatingAir Natural Gas4: Yes
  • General Property Information:Acres: 0.23
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Features Fireplace3: Yes

Exterior Features

  • Waterfront: Yes
  • Construction Type: Vinyl
  • Foundation Details: Basement

Garage/Parking

  • Property Information:Garage Stall2: 1.5
  • Property Information:Garage Type2: Attached/HTD

Utilities

  • Sewer: Septic Tank
  • Heating: Central Air, Natural Gas
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Schools Elementary School: Gladwin
  • Schools High School: Gladwin
  • Elementary School: Gladwin
  • Junior High Dist: Gladwin
  • High School: Gladwin

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel Number: 110-170-000-009-00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 25, 2022
Sold by
Woodgate Lisa C
Bought by
Jordan Georgina A
Seller's Agent
Laurie Dickson
Real Estate One Gladwin
Buyer's Agent
TINA SCHUMACHER
Heritage House Realty, P.C
List Price
$128,800
Sold Price
$128,000
Premium/Discount to List
-$800
-0.62%
Views
32
Current Estimated Value
$167,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,083
Avg. Annual Appreciation
8.33%
Original Mortgage
$106,837
Outstanding Balance
$102,046
Interest Rate
5.22%
Mortgage Type
Construction
Estimated Equity
$65,037
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
Jordan Georgina A $128,000 North Star Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Georgina A $106,837
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $128,000 -0.6% $111 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $128,800 -- $111 / Sq Ft
Source: Water Wonderland 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 $679 $71,500 $71,500 $0
2024 $661 $67,600 $67,600 $0
2023 $684 $57,200 $0 $0
2022 $1,574 $46,200 $0 $0
2021 $1,277 $51,700 $51,700 $0
2020 $1,239 $50,900 $50,900 $0
2019 $2,162 $43,800 $43,800 $0
2018 $2,088 $41,800 $41,800 $0
2017 $2,032 $42,400 $18,800 $23,600
2016 $2,008 $43,200 $17,500 $25,700
2015 -- $0 $0 $0
2014 -- $41,600 $18,800 $22,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 201819061

Water Wonderland Board of REALTORS®

APN: 110-170-000-009-00