NOT LISTED FOR SALE

5038 Kings Way Gladwin, MI 48624

Estimated Value: $402,744 - $523,000

5 Beds
3 Baths
1,664 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $232,000 $139 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,855/month

300 Days on Market

Highlights

  • Pier or Dock
  • Waterfront
  • Deck
  • Golf Course Community
  • Clubhouse
  • Living Room with Fireplace

About This Home

As of June 2014

Over 3200 square foot ranch with walkout lower level leading to all sports Lake Lancelot and beach. This home features 5 bedrooms and 3 baths plus a living room and dining room on main level. Master Suite opens to a large full bath with walk-in closet, shower and Jaccuzi tub. The living room features a gas log fireplace and has a great view of the lake from the windows. 2 Bedrooms up and 3 bedrooms on lower level with huge recreation/family room Custom Robert William home with with an excellent floor plan and perfect for entertaining and recreational fun. Ownership provides access to an 18 hole golf course, restaurant/pub, fitness center, indoor heated pool, tennis/bocce ball courts, chalet/sledding hill, walking (nature) trails, activity bldg, storage area, 2 all sports lakes, Lk Lancer/Lancelot, 15 beach clubs (5 with beach/bath house). Or fly to/from Sugar Springs off a 3500ft well maintained grass airpark. www.airnav.com 5M6. ALL just 2-1/2 hours from Detroit!

Last Agent to Sell the Property

Carl Moore

CGBOR Reciprocal License #CGBOR Listed on: 08/05/2013

Last Buyer's Agent

Wayne Walts

RE/MAX RIVER HAVEN License #CGBOR-6506037990

RE/MAX RIVER HAVEN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1991

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 82x182x74x145
  • Waterfront

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 060 130 000 264 00

Community Details

Recreation

  • Pier or Dock
  • Golf Course Community
  • Tennis Courts
  • Exercise Course
  • Community Spa

Additional Features

  • Kings Realm Subdivision
  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,120

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 4555
  • Total Tax Year: 2013
  • Year Built: 1991
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Security System, Window Treatment(s)
  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block, Finished, Walk Out
  • Bedrooms: 5
  • Bedroom 1: On Lower Floor, Dimensions: 10 x 12
  • Bedroom 4: On Lower Floor, Dimensions: 12 x 13
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Dining Room: On Main Floor, Dimensions: 12 x 13
  • Family Room: On Lower Floor, Dimensions: 13 x 38
  • Kitchen: On Main Floor, Dimensions: 10 x 12
  • Laundry: On Main Floor, Dimensions: 7 x 8
  • Living Room: On Main Floor, Dimensions: 17 x 22
  • Below Grade Sq Ft: 1600
  • Finished Below Grade Sq Ft: 1077
  • Above Grade Finished Sq Ft: 1664
  • Total Finished Sq Ft: 1664

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Frontage: 84
  • Lake Name: Lake Lancelot
  • Road: Paved Street
  • Water Features: All Sports Lake, Dock/Pier Facility
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage Spaces: 2
  • Parking: 2 Spaces
  • 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, Exercise/Facility Room, Golf Course, Pool/Hot Tub, Security, Tennis Courts, Pets-Allowed

Lot Info

  • Assessor Parcel Number: 060 130 000 264 00
  • Zoning: Residential
  • Lot Dimensions: 82x182x74x145
  • Acreage: 0.4
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $3,348.00
  • Winter Tax: Amount: $1,207.00
  • Taxable Value: 111155
  • Total Tax: Year: 2013, Amount: $4,555.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2013
Closed on
Jun 30, 2014
Sold by
Meyer Christian M Trustee
Bought by
Avery George C and Avery Carolyn A
Seller's Agent
Carl Moore
CGBOR Reciprocal
Buyer's Agent
Wayne Walts
RE/MAX RIVER HAVEN
List Price
$259,900
Sold Price
$232,000
Premium/Discount to List
-$27,900
-10.73%
Current Estimated Value
$475,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,186
Avg. Annual Appreciation
6.54%
Source: Public Records

Range of Values:

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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
Avery George C $232,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $232,000 -10.7% $139 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
08/05/2013 08/05/13 For Sale $259,900 -- $156 / 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 $4,120 $214,100 $29,400 $184,700
2024 $1,613 $194,200 $29,400 $164,800
2023 $1,669 $175,800 $0 $0
2022 $1,657 $154,000 $0 $0
2021 $3,492 $156,000 $29,400 $126,600
2020 $1,601 $144,200 $29,400 $114,800
2019 $3,205 $131,700 $29,400 $102,300
2018 $3,140 $128,800 $29,400 $99,400
2017 $3,044 $119,900 $23,000 $96,900
2016 $2,838 $118,100 $45,000 $73,100
2015 -- $118,000 $24,000 $94,000
2014 -- $114,300 $45,000 $69,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Carl Moore

    CGBOR Reciprocal

  • Wayne Walts

    Buyer's Agent in 2014

    Wayne Walts

    RE/MAX Michigan

    (989) 240-7733

    108 Total Sales

    Wayne Walts
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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41017764

Clare Gladwin Board of REALTORS®

APN: 060-130-000-264-00

Michigan Gladwin County Gladwin 48624

5038 Kings Way, Gladwin, MI

This home is located at 5038 Kings Way, Gladwin, MI 48624 since 05 August 2013 and is currently estimated at $475,186, approximately $285 per square foot. This property was built in 1991. 5038 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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