NOT LISTED FOR SALE

505 Rivers Terrace Rd Gladwin, MI 48624

Estimated Value: $207,867 - $329,000

3 Beds
2 Baths
1,225 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 26, 2016

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

Est. 102% increase in value since last sale

Current estimated payment $1,624/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

Est. Annual Taxes

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

Est. Annual Taxes

$2,476

Year Built

Built in 1978

Lot Details

0

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
  • Taxable Value: 61735
  • 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
$262,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,317
Avg. Annual Appreciation
5.42%
Original Mortgage
$103,920
Outstanding Balance
$84,099
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$125,303
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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 Change Sq Ft Price
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 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 $2,476 $89,900 $89,900 $0
2024 $821 $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

  • Judy Boman

    Seller's Agent in 2016

    Judy Boman

    BETTER HOMES AND ACRES LLC

    (989) 240-7996

    83 Total Sales

    Judy Boman
    Section Image
  • Ivie Baker

    Buyer's Agent in 2016

    Ivie Baker

    Baker-Kehoe Realty LLC

    (989) 429-0124

    306 Total Sales

    Ivie Baker
    Section Image
See All Agents

Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41022043

Clare Gladwin Board of REALTORS®

APN: 110-277-000-133-00

Michigan Gladwin County Gladwin 48624

505 Rivers Terrace Rd, Gladwin, MI

This home is located at 505 Rivers Terrace Rd, Gladwin, MI 48624 since 10 May 2016 and is currently estimated at $262,217, approximately $214 per square foot. This property was built in 1978. 505 Rivers Terrace Rd 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.

Nearby Homes