NOT LISTED FOR SALE

505 Rivers Terrace Rd Gladwin, MI 48624

Estimated Value: $193,471 - $250,000

3 Beds
2 Baths
1,225 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $129,900 $106 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,221/month

61 Days on Market

Highlights

  • Pier or Dock
  • Chalet
  • Living Room with Fireplace
  • Waterfront
  • Deck
  • Cathedral Ceiling

About This Home

As of August 2016

Well Built 3 bedroom 2 full bath Chalet home with 214+ ft of water frontage, steel seawall & permanent dock on the main part of Smallwood lake with 9 mile of All Sports Waterway, Fantastic Water view . 6" walls & 6 year old vinyl windows. Living room has beamed ceiling & brick wall wood burning fireplace with blower. Main floor bedroom has double closet. Full unfinished basement with steps to the outside & work shop area, 2 1/2 car garage with loft storage & work bench. Furnished as shown except personal items.

Last Agent to Sell the Property

Judy Boman

BETTER HOMES AND ACRES LLC License #CGBOR-6501216811 Listed on: 05/10/2016

Last Buyer's Agent

Ivie Baker

Baker-Kehoe Realty LLC License #CGBOR-6502368792

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 214.54x237.04x x152.04x85
  • Waterfront

Home Design

  • Chalet
  • Pillar, Post or Pier Foundation
  • Wood Siding

Interior Spaces

  • 1,225 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Workshop
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Workshop in Garage

Outdoor Features

  • Seawall
  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 110-277-000-133-00

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.82 Acres

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Chalet
  • Total Tax Amount: 2853
  • Total Tax Year: 2015
  • Year Built: 1978
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling
  • Appliances: Range/Oven, Refrigerator
  • Fireplaces: LivRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Full, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 11
  • Bedroom 4: On Upper Floor, Dimensions: 13 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 7 x 5, On Level: Upper
  • Bathroom 4: Dimensions: 7 x 5, On Level: Main
  • Room Types: Workshop
  • Dining Room: On Main Floor, Dimensions: 9 x 14
  • Kitchen: On Main Floor, Dimensions: 11 x 9
  • Living Room: On Main Floor, Dimensions: 24 x 13
  • Below Grade Sq Ft: 816
  • Above Grade Finished Sq Ft: 1225
  • Total Finished Sq Ft: 1225

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Porch
  • Foundation: Piller/Post/Pier
  • Frontage: 215
  • Lake Name: Smallwood Lake
  • Road: Gravel
  • Water Features: All Sports Lake, Dock/Pier Facility, Lake Frontage, Sea Wall
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage, Workshop
  • Parking: 2 Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 110-277-000-133-00
  • Zoning: Residential
  • Lot Dimensions: 214.54x237.04x x152.04x85
  • Acreage: 0.82
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,895.83
  • Winter Tax: Amount: $957.59
  • Total Tax: Year: 2015, Amount: $2,853.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Aug 26, 2016
Sold by
Gauthier Joseph A Trust
Bought by
Tyrrell Christopher A and Tyrrell Susan
Seller's Agent
Judy Boman
BETTER HOMES AND ACRES LLC
Buyer's Agent
Ivie Baker
Baker-Kehoe Realty LLC
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%
Current Estimated Value
$224,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,218
Avg. Annual Appreciation
5.90%
Original Mortgage
$103,920
Outstanding Balance
$82,981
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$141,137
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Tyrrell Christopher A $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyrrell Christopher A $103,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $129,900 -7.1% $106 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $139,900 -- $114 / Sq Ft
Source: Clare Gladwin Board of REALTORS®

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 $843 $89,900 $89,900 $0
2024 $8 $80,100 $80,100 $0
2023 $849 $71,900 $0 $0
2022 $2,246 $68,300 $0 $0
2021 $3,019 $67,300 $67,300 $0
2020 $2,952 $70,000 $70,000 $0
2019 $3,020 $62,800 $62,800 $0
2018 $3,118 $65,900 $65,900 $0
2017 $3,117 $66,600 $32,700 $33,900
2016 $2,905 $67,700 $34,600 $33,100
2015 -- $0 $0 $0
2014 -- $65,500 $32,700 $32,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41022043

Clare Gladwin Board of REALTORS®

APN: 110-277-000-133-00

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