NOT LISTED FOR SALE

5032 Kings Way Gladwin, MI 48624

Estimated Value: $253,000 - $483,000

3 Beds
2 Baths
2,744 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $345,000 $126 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,866/month

85 Days on Market

Highlights

  • Airport or Runway
  • Beach
  • Outdoor Pool
  • Beach Front
  • Golf Course Community
  • Deck

About This Home

As of October 2021

All Sports Lake Lancelot waterfront home or could be your cottage, offering a fabulous view of the Lake... A Great place to relax and enjoy life at the lake , this 3 bedroom 2 full bath home offers a main level open concept living room - kitchen - dining room, master bedroom suite. The walk out lower level offers a Game/Family room with fireplace, bedrooms, full bath, laundry. deep lot with sandy bottom frontage. You wont be disappointed. Enjoy boating, jet skiing, fishing, SUP & kayaking within Sugar Springs. Access to Lake Lancer, as well as 15 beach clubs, Sugar Springs amenities include a golf course, indoor pool, exercise room and activity building. tennis courts, pub/restaurant & more..2/12 hours north of Detroit.

Last Agent to Sell the Property

Rebecca Jager

SMITH-MILLER,INC. License #CGBOR-6501306361 Listed on: 06/10/2021

Last Buyer's Agent

Rebecca Jager

SMITH-MILLER,INC. License #CGBOR-6501306361 Listed on: 06/10/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1987

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 82x181x74x219
  • Beach Front

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Outdoor Pool
  • Deck

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 26-060-130-000-265-00

Community Details

Overview

  • Kings Realm Subdivision

Amenities

  • Restaurant
  • Airport or Runway
  • Community Storage Space

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Exercise Course
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$5

Year Built

Built in 1987

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Raised Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 5368
  • Year Built: 1987
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Finished, Full, Outside Entrance, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 14 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: In Basement, Dimensions: 13 x 13
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: In Basement, Dimensions: 13 x 13
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main, Flooring: Ceramic
  • Bathroom 2: On Level: Basement
  • Dining Room: On Main Floor
  • Dining Room Floor Covering: Carpet
  • Family Room: In Basement
  • Family Room Floor Covering: Carpet
  • Kitchen: On Main Floor
  • Kitchen Floor Covering: Ceramic
  • Laundry: In Basement
  • Living Room: On Main Floor
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1456
  • Finished Below Grade Sq Ft: 1288
  • Above Grade Finished Sq Ft: 1456
  • Total Finished Sq Ft: 2744

Exterior Features

  • Pool: Yes
  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Basement
  • Frontage: 82
  • Lake Name: Lake Lancelot
  • Road: Paved Street
  • Water Features: All Sports Lake, Lake Frontage, Waterfront, Beach Access, Beach Front
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fees: 500
  • HOA Fee Frequency: Yearly
  • Community Features: Exercise/Facility Room, Golf Course, Pool/Hot Tub, Tennis Courts, Airport/Runway, Restaurant, Storage, Beach Area
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 26-060-130-000-265-00
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Dimensions: 82x181x74x219
  • Acreage: 0.2
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $3,730.00
  • Winter Tax: Year: 2019, Amount: $1,638.00
  • Taxable Value: 121143
  • Total Tax: Amount: $5,368.00
  • SEV Year: 2020

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Oct 7, 2021
Sold by
Nelson Albert T and Nelson Faye A
Bought by
Swieboda Michael
Seller's Agent
Rebecca Jager
SMITH-MILLER,INC.
Buyer's Agent
Rebecca Jager
SMITH-MILLER,INC.
List Price
$405,999
Sold Price
$345,000
Premium/Discount to List
-$60,999
-15.02%
Current Estimated Value
$408,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,390
Avg. Annual Appreciation
4.32%
Original Mortgage
$276,000
Outstanding Balance
$252,660
Interest Rate
3.07%
Mortgage Type
Construction
Estimated Equity
$155,730
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
Swieboda Michael $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swieboda Michael $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $345,000 -6.7% $126 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $369,900 -8.9% $135 / Sq Ft
06/10/2021 06/10/21 For Sale $405,999 -- $148 / 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 $7,981 $224,100 $224,100 $0
2024 $4,974 $203,300 $203,300 $0
2023 $5,113 $184,500 $0 $0
2022 $4,951 $161,600 $0 $0
2021 $5,576 $149,200 $149,200 $0
2020 $3,730 $137,700 $137,700 $0
2019 $5,229 $125,600 $125,600 $0
2018 $5,115 $125,800 $125,800 $0
2017 $4,979 $117,200 $45,000 $72,200
2016 $4,757 $115,600 $45,000 $70,600
2015 -- $0 $0 $0
2014 -- $112,100 $45,000 $67,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rebecca Jager

    SMITH-MILLER,INC.

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50044656

Clare Gladwin Board of REALTORS®

APN: 060-130-000-265-00

Michigan Gladwin County Gladwin 48624

5032 Kings Way, Gladwin, MI

This home is located at 5032 Kings Way, Gladwin, MI 48624 since 10 June 2021 and is currently estimated at $408,390, approximately $148 per square foot. This property was built in 1987. 5032 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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