NOT LISTED FOR SALE

505 Rivers Terrace Rd Gladwin, MI 48624

Estimated Value: $201,293 - $253,000

3 Beds
2 Baths
1,225 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2016

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

Est. 71% increase in value since last sale

Current estimated payment $1,256 / mo

61 Days on Market

Highlights

  • Pier or Dock
  • Waterfront
  • Deck
  • Gladwin High School Rated 9+
  • Chalet
  • Living Room with Fireplace

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

  • 35,719 Sq Ft 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
$222,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,423
Avg. Annual Appreciation
5.69%
Original Mortgage
$103,920
Outstanding Balance
$82,981
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$139,342
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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