NOT LISTED FOR SALE

5028 Kings Way Gladwin, MI 48624

Estimated Value: $447,000 - $489,000

4 Beds
2 Baths
1,638 Sq Ft
$286/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $399,900 $244 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,256/month

3 Days on Market

Highlights

  • Airport or Runway
  • Beach
  • Golf Course Community
  • Beach Front
  • Pier or Dock
  • Outdoor Pool

About This Home

As of September 2023

A Great Get-a-away. Serene shaded lot with a beautiful sandy 74ft shoreline on Lake Lancelot. Great swimming location and deck to sun bathe on. Cozy 4 bedroom Chalet with wood burning fireplace, large relaxing deck and overlooks waterfront. Coming fully furnished. Spacious upper level with 2 large bedrooms, one with loft view and full bath. Roomy through out home for large family gatherings and peaceful evenings. Home also offers a large unfinished 1092 sqft basement that walks out to waterfront. perfect for making into a recreation or family room or leave as is for storage of water toys, etc. Ownership offers access to all of Sugar Springs amenities and beach clubs, 2 golf courses, community center, and many year around activities and events to enjoy.

Last Agent to Sell the Property

Alice Moore

RE/MAX RIVERHAVEN--SS License #CGBOR-6501340208 Listed on: 08/08/2023

RE/MAX RIVERHAVEN--SS

Co-Listed By

Marti Drabing

RE/MAX RIVERHAVEN--SS License #CGBOR-6501408599

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 87x144x74x171
  • Beach Front
  • Lake Front
  • Sloped Lot

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 3 Car Parking Spaces

Home Design

  • Chalet
  • Cottage
  • Poured Concrete
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 1,638 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Free Standing Fireplace
  • Window Treatments
  • Great Room
  • Living Room with Fireplace
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener is Owned
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 060-130-000-267-00

Community Details

Overview

  • Association fees include hoa, club house included
  • Kings Realm Subdivision

Amenities

  • Restaurant
  • Airport or Runway
  • Clubhouse
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Pier or Dock
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Exercise Course
  • Community Spa
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,748

Year Built

Built in 1979

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Chalet, Cottage
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 4119.16
  • Total Tax Year: 2022
  • Year Built: 1979
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 9 ft + Ceilings, Cable/Internet Avail., Cathedral/Vaulted Ceiling, Ceramic Floors, Window Treatment(s), Furnished, Skylights
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Stove, Free Standing Fireplace
  • Basement: Yes
  • Basement: Full, Outside Entrance, Walk Out, Poured, Interior Access, Unfinished
  • Bedrooms: 4
  • Bedroom 1: On Main Floor, Dimensions: 11 x 11
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 14 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 13 x 10
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On Upper Floor, Dimensions: 25 x 15
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 5, On Level: Main, Flooring: Ceramic
  • Bathroom 2: Dimensions: 8 x 5, On Level: Upper, Flooring: Ceramic
  • Room Types: First Floor Bedroom, Great Room, Living Room, Loft, Primary Bathroom
  • Dining Room: On Main Floor, Dimensions: 12 x 8
  • Dining Room Floor Covering: Carpet
  • Kitchen: On Main Floor, Dimensions: 12 x 8
  • Kitchen Floor Covering: Ceramic
  • Laundry: In Basement
  • Living Room: On Main Floor, Dimensions: 25 x 14
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1092
  • Above Grade Finished Sq Ft: 1638
  • Total Finished Sq Ft: 1638

Exterior Features

  • Pool: Yes
  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Deck, Patio
  • Foundation: Basement
  • Frontage: 87
  • Lake Name: Lake Lancelot
  • Road: City/County, Paved Street, Year Round
  • Water Features: All Sports Lake, Dock/Pier Facility, Lake Frontage, Waterfront, Beach Front, Interior Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • HOA Fee Includes: Hoa, Club House Included
  • HOA Fees: 630
  • HOA Fee Frequency: Yearly
  • Community Features: Club House, Exercise/Facility Room, Golf Course, Park, Playground, Pool/Hot Tub, Tennis Courts, Pets-Allowed, Dogs Allowed, Cats Allowed, Wi-Fi Available, Airport/Runway, Restaurant, Storage, Beach Area, Trail(s)
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 060-130-000-267-00
  • Zoning: Residential
  • Lot Dimensions: 87X144X74X171
  • Acreage: 0.29
  • Geo Subdivision: MI
  • Site/Lot Features: Platted, Sloping

Tax Info

  • Summer Tax: Year: 2022, Amount: $2,659.99
  • Winter Tax: Year: 2022, Amount: $1,456.17
  • Taxable Value: 91155
  • Total Tax: Year: 2022, Amount: $4,119.16
  • SEV Year: 2022

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 8, 2023
Sold by
Oonk Frederic W
Bought by
Zeiter Robin L
Seller's Agent
Alice Moore
RE/MAX RIVERHAVEN--SS
Buyer's Agent
Non Member Non Member
NONMEMBER
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$468,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,100
Avg. Annual Appreciation
7.89%
Original Mortgage
$319,920
Outstanding Balance
$313,135
Interest Rate
6.96%
Mortgage Type
Construction
Estimated Equity
$154,865
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
Zeiter Robin L $399,900 North Star Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeiter Robin L $319,920
Closed Zeiter Robin L $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $399,900 0.0% $244 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $399,900 -- $244 / 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 $8,748 $215,900 $0 $215,900
2024 $5,463 $195,700 $0 $195,700
2023 $2,747 $120,900 $0 $0
2022 $2,660 $103,600 $0 $0
2021 $3,885 $105,200 $0 $105,200
2020 $2,552 $97,100 $0 $97,100
2019 $3,635 $86,300 $0 $86,300
2018 $3,556 $86,100 $0 $86,100
2017 $3,459 $84,300 $45,000 $39,300
2016 $3,258 $88,700 $45,000 $43,700
2015 -- $0 $0 $0
2014 -- $86,600 $45,000 $41,600
Source: Public Records

Agents Affiliated with this Home

  • Alice Moore

    Seller's Agent in 2023

    Alice Moore

    RE/MAX RIVERHAVEN--SS

    (989) 430-0966

    275 Total Sales

    Alice Moore
    Section Image
  • Marti Drabing

    Seller Co-Listing Agent in 2023

    Marti Drabing

    RE/MAX RIVERHAVEN--SS

    (313) 999-8715

    73 Total Sales

    Marti Drabing
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member Non Member

    NONMEMBER

See All Agents

Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50118115

Clare Gladwin Board of REALTORS®

APN: 060-130-000-267-00

Michigan Gladwin County Gladwin 48624

5028 Kings Way, Gladwin, MI

This home is located at 5028 Kings Way, Gladwin, MI 48624 since 08 August 2023 and is currently estimated at $468,000, approximately $285 per square foot. This property was built in 1979. 5028 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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