NOT LISTED FOR SALE

5002 Princess Ct Gladwin, MI 48624

Estimated Value: $169,000 - $240,000

3 Beds
2 Baths
1,388 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $85,000 $61 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,082/month

38 Days on Market

Highlights

  • Access To Lake
  • Ranch Style House
  • 2 Car Attached Garage
  • Deck
  • Porch
  • Bay Window

About This Home

As of June 2019

This updated home within Sugar Springs is a great full-time residence but would also make a great retirement home or seasonal get away. Three bedrooms and a nicely remodeled full bath on the first floor along with a good sized living, dining and kitchen area. The basement houses the utilities, a 3/4 bath, bonus room and the drive under, 2 car garage. Lots of room and storage in a compact footprint. Enjoy the summer on the screened in porch, around the bonfire pit or walk less than a 1/2 mile to the beach. Sugar Springs is home to Lake Lancer and Lake Lancelot, providing nearly 1,000 acres of water for recreational use. Other amenities include an 18 hole golf course, airstrip, restaurant, indoor pool, and much more. Visit www.sugarsprings.net for more info.

Last Agent to Sell the Property

Preston Bovee

Homewaters LLC License #MBR-6501389429 Listed on: 04/16/2019

Last Buyer's Agent

Non Member

Midland Board of REALTORS License #MBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 102x157x108x120

HOA Fees

  • $41 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Bay Window

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Unassigned Parking

Outdoor Features

  • Access To Lake
  • Deck
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 060-160-000-037-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$847

Year Built

Built in 1978

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Originating MLS: Midland Board of Realtors
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Flood Insurance: Not Required
  • Flood Plain: Unknown
  • Total Tax Amount: 847
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Bay Window
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Partially Finished, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 3: On 1st Floor, Dimensions: 11 x 11
  • Bathrooms Description: Basement Full Bath
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Below Grade Bathroom: 1
  • Bathroom 1: On Level: First
  • Bathroom 2: On Level: Basement
  • Bathroom 3: On Level: Entry
  • Dining Room: On 1st Floor
  • Kitchen: On 1st Floor
  • Laundry: In Basement
  • Living Room: On 1st Floor
  • Below Grade Sq Ft: 597
  • Finished Below Grade Sq Ft: 308
  • Above Grade Finished Sq Ft: 1080
  • Total Finished Sq Ft: 1388

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation: Basement
  • Road: Paved Street
  • Water Features: All Sports Lake, Lake/River Access
  • Sideof Street: E

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: Unassigned/General
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Wall/Window A/C

Condo/Co-op/Association

  • HOA Fees: 495
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 060-160-000-037-00
  • Zoning: Residential
  • Lot Dimensions: 102x157x108x120
  • Acreage: 0.32
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $360.00
  • Winter Tax: Year: 2017, Amount: $487.00
  • Total Tax: Amount: $847.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jun 7, 2019
Sold by
Plude Timothy E
Bought by
Labeau Douglas
Seller's Agent
Preston Bovee
Homewaters LLC
Buyer's Agent
Non Member
Midland Board of REALTORS
List Price
$87,500
Sold Price
$85,000
Premium/Discount to List
-$2,500
-2.86%
Current Estimated Value
$191,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,342
Avg. Annual Appreciation
12.93%
Original Mortgage
$68,000
Outstanding Balance
$59,909
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$129,546
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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Purchase History

Date Buyer Sale Price Title Company
Labeau Douglas $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labeau Douglas $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2019 06/07/19 Sold $85,000 -2.9% $61 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $87,500 -- $63 / Sq Ft
Source: Midland 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 $475 $56,600 $0 $56,600
2024 $5 $53,800 $0 $53,800
2023 $478 $45,900 $0 $45,900
2022 $475 $39,500 $0 $0
2021 $1,148 $36,900 $0 $36,900
2020 $1,173 $40,400 $0 $40,400
2019 $888 $39,200 $0 $39,200
2018 $869 $36,200 $0 $36,200
2017 $842 $32,300 $2,500 $29,800
2016 $673 $28,300 $2,500 $25,800
2015 -- $28,300 $2,500 $25,800
2014 -- $27,500 $2,500 $25,000
Source: Public Records

Agents Affiliated with this Home

  • Preston Bovee

    Seller's Agent in 2019

    Preston Bovee

    Homewaters LLC

    (989) 513-1306

    115 Total Sales

    Preston Bovee
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    Midland Board of REALTORS

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Map

Source: Midland Board of REALTORS®

MLS Number: 31376947

Midland Board of REALTORS®

APN: 060-160-000-037-00

Michigan Gladwin County Gladwin 48624

5002 Princess Ct, Gladwin, MI

Not Listed for Sale

Detached

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