$414,900
SOLD JUN 27, 2025

4518 1/2 Nipigon Dr Gladwin, MI 48624

3 Beds
2 Baths
1,800 Sq Ft
1.03 Acres

Recently Sold

$230 Per Sq Ft

12% Below List Price

180 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Colonial Architecture
  • Gazebo
  • Dock Facilities
  • No HOA
  • Stainless Steel Appliances

About This Home

As of June 2025

An exceptional opportunity awaits you to own an incredible one+ acre property nestled on its own expansive peninsula on all sports Wiggins Lake with more than 350 ft of prime lake frontage. This true gem offers panoramic views from most every room in this well-maintained home. Offering the best of both worlds, you will enjoy the no wake regulation from 7:30 pm – 11 am for leisurely activities like fishing, kayaking and paddle boarding while enjoying plenty of time for skiing and tubing as well. The property is an entertainer’s dream, with 3 bedrooms (and loft area), 2 full baths, and plenty of inside living and outdoor space to host family and friends. Storage galore in the home and also in the spacious garage and very large shed on the property. Many expansions/upgrades to this home over the 35+ years this family has enjoyed and loved their piece of paradise. Permanent dock, seawall in great condition and several extras that are negotiable: Pontoon and paddle boats, golf cart, and riding lawn mower. 5 minute drive to downtown Gladwin. Don’t miss your chance to own a unique property that will create a lifetime of memories for you and those you love!

Last Agent to Sell the Property

Pamela Berklich

Real Estate One-Oxford License #6501454121 Listed on: 02/02/2024

Real Estate One-Oxford

Last Buyer's Agent

Jennifer Slavik

Century 21 Signature Realty Midland License #6501433519

Century 21 Signature Realty Midland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930 | Remodeled in 2009

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 43x84
  • 350 Feet of Waterfront
  • Lake Front
  • Fenced

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Electric Oven
  • Free-Standing Electric Range
  • Recirculated Exhaust Fan
  • Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Detached Garage
  • Heated Garage
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Dock Facilities
  • Boat Facilities
  • Patio
  • Gazebo
  • Shed

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Wood
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 12021500001500

Community Details

Overview

  • No Home Owners Association
  • Tipsico Beach Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,575

Year Built

Built in 1930 | Remodeled in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1930
  • State Equalized Value: 212900.0000
  • Year Renovated: 2009
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 435825.2400
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s), Circuit Breakers, Humidifier, Water Softener (owned)
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: ENERGY STAR® qualified freezer, Built-In Electric Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Exhaust Fan, Free-Standing Electric Range, Free-Standing Refrigerator, Ice Maker, Microwave, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1800

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Wiggins Lake
  • Waterfront: Yes
  • Foundation Details: Slab
  • Construction Materials: Stone, Vinyl
  • Exterior Features: Gazebo
  • Porch Type: Patio
  • Road Frontage Type: Gravel
  • Water Frontage Feet: 350.00
  • Waterfront Description: Direct Water Frontage, Lake Front, Water Front
  • Fencing: Fence Allowed

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Side Entrance, Electricity, Door Opener, Heated, Workshop, Detached, Garage Faces Front
  • Garage: Yes

Utilities

  • Heating Fuel: Wood
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Wall Furnace
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 1.03
  • Lot Dimensions: 43x84
  • Parcel Number: 12021500001500

Tax Info

  • Tax Amount Summer: 1400.3600
  • Tax Amount Winter: 2174.7400
  • Total Tax: 3575.1000
  • Taxable Value: 117138.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities, Sea Wall, DIRFRT

MLS Schools

  • School District: Gladwin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Jun 27, 2025
Sold by
August Ronald W Living Trust
Bought by
Moilanen Karl E
Seller's Agent
Pamela Berklich
Real Estate One-Oxford
Buyer's Agent
Jennifer Slavik
Century 21 Signature Realty Midland
List Price
$472,900
Sold Price
$414,900
Premium/Discount to List
-$58,000
-12.26%
Views
192
Current Estimated Value
$472,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,310
Avg. Annual Appreciation
33.31%
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 Type Sale Price Title Company
Warranty Deed $414,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $414,900 -7.6% $231 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $448,900 0.0% $249 / Sq Ft
03/13/2024 03/13/24 Price Changed $448,900 -5.1% $249 / Sq Ft
02/02/2024 02/02/24 For Sale $472,900 -- $263 / Sq Ft
Source: Realcomp

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 $3,645 $299,900 $300 $299,600
2024 $1,353 $248,800 $300 $248,500
2023 $1,400 $212,900 $300 $212,600
2022 $3,210 $185,900 $0 $0
2021 $3,072 $169,900 $300 $169,600
2020 $3,004 $155,000 $300 $154,700
2019 $2,979 $134,200 $250 $133,950
2018 $2,893 $136,300 $250 $136,050
2017 $2,688 $128,400 $72,900 $55,500
2016 $2,638 $131,600 $72,900 $58,700
2015 -- $0 $0 $0
2014 -- $122,400 $72,900 $49,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240005475

Realcomp

APN: 120-215-000-015-00