NOT LISTED FOR SALE

5068 Kings Way Gladwin, MI 48624

Estimated Value: $311,000 - $343,000

3 Beds
1.5 Baths
1,260 Sq Ft
$256/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $189,000 $150 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,084/month

259 Days on Market

Highlights

  • Golf Course Community
  • Chalet
  • Living Room with Fireplace
  • Waterfront
  • Deck
  • Cathedral Ceiling

About This Home

As of December 2014

Enjoy Lake Lancelot all summer or all year, you choose! This wonderful log sided chalet has 78' of waterfront on all sports Lake Lancelot in the Sugar Springs community of Gladwin County. The kitchen has beautiful granite counter tops and offers a bar for additional dining space. Kitchen opens up to the Dining Room and Living Room w/ knotty pine cathedral ceiling. Natural gas fireplace is the centerpiece of this room as well as the gorgeous view of the lake from the 2 patio doors. Sliders open up to the wrap around deck where you can soak up the sun! 2 main floor bedrooms, full bath and large entry. The upstairs offers another bedroom with a private 1/2 bath and a loft overlooking the living area. Full walkout basement that is partially finished and offers extra sleeping space or family room. Gorgeous trex deck at the waters edge with stone steps down to the water. Enjoy all the amenities Sugar Springs has to offer including a golf course, pool, restaurant/pub and more!

Last Agent to Sell the Property

Sonya Loose

CENTURY 21 SIGNATURE - MIDLAND License #CGBOR-6502362712 Listed on: 04/04/2014

CENTURY 21 SIGNATURE - MIDLAND

Last Buyer's Agent

Sonya Loose

CENTURY 21 SIGNATURE - MIDLAND License #CGBOR-6502362712 Listed on: 04/04/2014

CENTURY 21 SIGNATURE - MIDLAND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1989

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 55x214x78x195
  • Waterfront

Home Design

  • Chalet

Interior Spaces

  • 1,260 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 060-130-000-259-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,541

Year Built

Built in 1989

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: 3536
  • Total Tax Year: 2013
  • Year Built: 1989
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Window Treatment(s)
  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Basement: Block, Full, Partially Finished, Walk Out
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 10 x 11
  • Bedroom 4: On Main Floor, Dimensions: 10 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Dining Room: On Main Floor, Dimensions: 11 x 13
  • Kitchen: On Main Floor, Dimensions: 10 x 12
  • Living Room: On Main Floor, Dimensions: 19 x 13
  • Other Room1: Dimensions: 7x11, On Level: Upper
  • Below Grade Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1260
  • Total Finished Sq Ft: 1260
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Log
  • Exterior Features: Deck, Patio, Porch
  • Frontage: 78
  • Lake Name: Lake Lancelot
  • Road: Paved Street
  • Water Features: All Sports Lake
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Water: Private Well
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • Community Features: Exercise/Facility Room, Golf Course, Pool/Hot Tub, Tennis Courts

Lot Info

  • Assessor Parcel Number: 060-130-000-259-00
  • Zoning: Residential
  • Lot Dimensions: 55x214x78x195
  • Acreage: 0.3
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $2,509.48
  • Winter Tax: Amount: $1,026.17
  • Taxable Value: 81451
  • Total Tax: Year: 2013, Amount: $3,536.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Dec 19, 2014
Sold by
Niffin Jeffrey F and Niffin Ani
Bought by
Landenberger Gary D and Landenberger Michele K
Seller's Agent
Sonya Loose
CENTURY 21 SIGNATURE - MIDLAND
Buyer's Agent
Sonya Loose
CENTURY 21 SIGNATURE - MIDLAND
List Price
$209,900
Sold Price
$189,000
Premium/Discount to List
-$20,900
-9.96%
Current Estimated Value
$322,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,787
Avg. Annual Appreciation
5.06%
Source: Public Records

Range of Values:

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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
Landenberger Gary D $180,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $189,000 -10.0% $150 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $209,900 -- $167 / 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 $4,541 $146,200 $146,200 $0
2024 $2,779 $131,600 $131,600 $0
2023 $2,856 $117,700 $0 $0
2022 $2,766 $100,900 $0 $0
2021 $4,031 $102,800 $102,800 $0
2020 $2,654 $94,700 $94,700 $0
2019 $3,772 $85,000 $85,000 $0
2018 $3,690 $84,300 $84,300 $0
2017 $3,591 $80,900 $24,700 $56,200
2016 $3,776 $89,400 $45,000 $44,400
2015 -- $0 $0 $0
2014 -- $87,100 $45,000 $42,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41018463

Clare Gladwin Board of REALTORS®

APN: 060-130-000-259-00