NOT LISTED FOR SALE

3900 2 Mile Rd Gladwin, MI 48624

Estimated Value: $483,513 - $576,000

3 Beds
1.5 Baths
1,786 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 10, 2016

Last sale price $220,000 $123 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $3,131/month

412 Days on Market

Highlights

  • Private Waterfront
  • Fruit Trees
  • Pole Barn
  • 115.26 Acre Lot
  • Pond
  • Garden

About This Home

As of February 2016

Huge Price Reduction! Highly Motivated Seller. Bring all offers. Hunting Retreat with lots of deer and turkey. Excellent fishing too. 115 acres located in Butman Township Gladwin County. This is a beautiful mostly wooded tract with some tillable acreage, water features and lots of wildlife. The property includes an 1800 square foot brick ranch dwelling with 3 bedrooms, 1 full bath and two outbuildings, a perfect setup for a family getaway, hunting retreat or year around residence. The home water well and two stocked fishponds are fed by an Artesian water well. Good access and frontage along the Sugar River provides excellent fishing and recreational opportunities. This is a secluded property yet close to shopping centers, public land and lakes and major transportation routes.

Last Agent to Sell the Property

RJ Johnson

Michigan Lifestyle Properties / Gull Lake Realty License #1201069847 Listed on: 11/11/2014

Last Buyer's Agent

RJ Johnson

Michigan Lifestyle Properties / Gull Lake Realty License #1201069847 Listed on: 11/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1971

Lot Details

  • 115.26 Acre Lot
  • Private Waterfront
  • 1,866 Feet of Waterfront
  • River Front
  • The property's road front is unimproved
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Property is zoned RF & B1, RF & B1

Parking

  • Unpaved Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Water Views
  • Partial Basement

Kitchen

  • Built-In Oven
  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Pond
  • Wetlands on Lot
  • Pole Barn

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank
  • Septic System
  • Phone Connected

Additional Features

  • Mineral Rights
  • Tillable Land

Community Details

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,220

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1971
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 139.42
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: Irreg, Meetes & Bounds Desc.
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1786.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • General Property Info:Design: Ranch
  • Tax Info:Annual Property Tax: 4220.0
  • Tax Info:Zoning3: RF & B1
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Waterfront Options:Water Frontage3: 1866.0
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: Yes
  • Utilities Attached:Telephone Line: Yes
  • Landscape:Garden Area: Yes
  • Outbuildings:Pole Barn: Yes
  • Mineral Rights:Yes: Yes
  • Landscape:Fruit Trees: Yes
  • Heat Type:Baseboard: Yes
  • Appliances:Built in Oven: Yes
  • Landscape:Decor Pond: Yes
  • Lot Description:Tillable: Yes
  • Lot Description:Wetland Area: Yes
  • Outbuildings:Barn: Yes
  • General Property Info:SqFt Above Grade: 1786.0
  • General Property Info Garage YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Refrigerator, Range, Freezer, Dryer, Dishwasher, Built in Oven
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Partial
  • LivingArea: 1786.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Total Basement SQFT: 1786.0
  • Appliances Range: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 249000.0
  • Lot Features: Level, Recreational, Tillable, Wooded, Wetland Area
  • Other Structures: Barn(s), Pole Barn
  • Road Surface Type: Paved, Unimproved
  • Water Body Name: River Lake
  • Waterfront Features: River
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Available, Phone Connected
  • Water Source: Well
  • Water Well: Yes
  • Heat Source:Electric2: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 115.26
  • Lot Size Area: 115.26
  • Lot Dimensions: Irreg, Meetes & Bounds Desc.
  • Lot Size Sq Ft: 5020725.0
  • Zoning Description: RF & B1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4220.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2014
Closed on
Feb 10, 2016
Sold by
Reinard Krigner
Bought by
Mesanovic Admir
Seller's Agent
RJ Johnson
Michigan Lifestyle Properties / Gull Lake Realty
Buyer's Agent
RJ Johnson
Michigan Lifestyle Properties / Gull Lake Realty
List Price
$299,900
Sold Price
$220,000
Premium/Discount to List
-$79,900
-26.64%
Current Estimated Value
$529,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,757
Avg. Annual Appreciation
9.24%
Original Mortgage
$176,000
Outstanding Balance
$75,967
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$453,790
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Mesanovic Admir $220,000 Worldwide Recording Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesanovic Admir $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2016 02/10/16 Sold $220,000 -26.6% $123 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $299,900 -- $168 / Sq Ft
Source: MichRIC

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 $4,332 $226,300 $226,300 $0
2024 $41 $227,900 $227,900 $0
2023 $4,167 $188,100 $0 $0
2022 $4,035 $133,100 $0 $0
2021 $5,763 $131,500 $131,500 $0
2020 $3,871 $142,700 $142,700 $0
2019 $5,404 $127,300 $127,300 $0
2018 $5,287 $120,500 $120,500 $0
2017 $6,426 $148,100 $97,600 $50,500
2016 $4,017 $127,100 $97,600 $29,500
2015 -- $121,400 $97,600 $23,800
2014 -- $123,500 $97,600 $25,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14061944

MichRIC

APN: 060-035-200-001-10