NOT LISTED FOR SALE

5026 Kings Way Gladwin, MI 48624

Estimated Value: $273,000 - $335,000

3 Beds
3 Baths
912 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $97,000 $106 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,959/month

285 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Dining Room with Fireplace
  • Waterfront
  • Deck
  • Contemporary Architecture

About This Home

As of October 2016

Family friendly 3 bedroom waterfront home with full walkout basement with it's own kitchen and bath. Enjoy the view from the large deck or relax by the two sided fireplace. Along with the attached garage and blacktop drive there is additional garage/storage underneath making a perfect place for all your water toys. The upstairs bedrooms have door walls that lead out to the deck.

Last Agent to Sell the Property

Dawn Morris

989 REAL ESTATE LLC License #CGBOR-6501348850 Listed on: 01/03/2016

Last Buyer's Agent

Non Member Non Member

NONMEMBER License #CGBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 86x114x105x124
  • Waterfront

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Wood Siding

Interior Spaces

  • 912 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 060-130-000-268-00

Community Details

Recreation

  • Golf Course Community
  • Community Spa

Additional Features

  • Kings Realm Subdivision
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,706

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Contemporary
  • Structure Style: Bi-Level
  • Total Tax Amount: 2727
  • Total Tax Year: 2015
  • Year Built: 1979
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: DinRoom Fireplace, LivRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Block, Finished, Full, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 11 x 13
  • Bedroom 4: On Upper Floor, Dimensions: 9 x 14
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Family Room: In Basement, Dimensions: 13 x 17
  • Living Room: On Main Floor, Dimensions: 13 x 19
  • Below Grade Sq Ft: 912
  • Above Grade Finished Sq Ft: 912
  • Total Finished Sq Ft: 912

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck
  • Frontage: 105
  • Lake Name: Lake Lancelot
  • Road: Paved Street
  • Water Features: All Sports Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage
  • Parking: 1 Space
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Water: Private Well
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • Community Features: Club House, Golf Course, Pool/Hot Tub

Lot Info

  • Assessor Parcel Number: 060-130-000-268-00
  • Zoning: Residential
  • Lot Dimensions: 86x114x105x124
  • Acreage: 0.29
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,053.52
  • Winter Tax: Amount: $1,673.57
  • Taxable Value: 84086
  • Total Tax: Year: 2015, Amount: $2,727.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2016
Closed on
Oct 14, 2016
Sold by
Falk Ned A
Bought by
Zembo Cody and Holaly Megan
Seller's Agent
Dawn Morris
989 REAL ESTATE LLC
Buyer's Agent
Non Member Non Member
NONMEMBER
List Price
$175,000
Sold Price
$97,000
Premium/Discount to List
-$78,000
-44.57%
Current Estimated Value
$312,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,234
Avg. Annual Appreciation
13.84%
Original Mortgage
$87,300
Outstanding Balance
$69,898
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$242,336
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
Zembo Cody $97,000 North Star Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zembo Cody $87,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $97,000 -44.6% $106 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
01/03/2016 01/03/16 For Sale $175,000 -- $192 / 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 $3,706 $151,700 $0 $151,700
2024 $2,246 $134,700 $0 $134,700
2023 $2,309 $118,100 $0 $0
2022 $2,236 $100,600 $0 $0
2021 $3,302 $102,400 $0 $102,400
2020 $2,145 $94,400 $0 $94,400
2019 $3,085 $82,500 $0 $82,500
2018 $3,017 $84,800 $0 $84,800
2017 $2,934 $85,500 $45,000 $40,500
2016 $3,607 $85,400 $45,000 $40,400
2015 -- $85,500 $45,000 $40,500
2014 -- $83,800 $45,000 $38,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dawn Morris

    989 REAL ESTATE LLC

    28 Total Sales

    Dawn Morris
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member Non Member

    NONMEMBER

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41021571

Clare Gladwin Board of REALTORS®

APN: 060-130-000-268-00

Michigan Gladwin County Gladwin 48624

5026 Kings Way, Gladwin, MI

This home is located at 5026 Kings Way, Gladwin, MI 48624 since 03 January 2016 and is currently estimated at $312,234, approximately $342 per square foot. This property was built in 1979. 5026 Kings Way is a home located in Gladwin County with nearby schools including Gladwin Elementary School, Gladwin Intermediate School, and Gladwin Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Clare Gladwin Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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