NOT LISTED FOR SALE

5116 Islanders Way Gladwin, MI 48624

Estimated Value: $276,000 - $503,000

3 Beds
2 Baths
1,852 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $370,000 $200 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,019/month

11 Days on Market

Highlights

  • Waterfront
  • Deck
  • Porch
  • Chalet
  • Balcony
  • 2 Car Attached Garage

About This Home

As of August 2022

Location, location...Rare find lake home. Located on Lake Lancer with 184 ft. of lake front. Enjoy your view of paradise. Nestled around mature trees-truly a serene setting. Home is located on approximately .66 acres. Floorplan features 3 bedrooms (with one bedroom on main level). 2 Full bathrooms. Beautiful kitchen features quartz countertops, with an abundance of cabinets and a separate pantry, new appliances with a breakfast nook. Separate dining room and living room with a fabulous view of the lake! The Family room stone fireplace facade is absolutely gorgeous! Expansive master suite with private balcony, perfect for relaxing. Both balcony's (lakeside) have new Trex Decking. Basement offers a lot of storage. Home features a two car garage with plenty of driveway parking as you will see when you enter this fabulous property!

Last Agent to Sell the Property

Karen Dull

SUGAR SPRINGS REAL ESTATE License #CGBOR-254122 Listed on: 07/10/2022

Last Buyer's Agent

Karen Dull

SUGAR SPRINGS REAL ESTATE License #CGBOR-254122 Listed on: 07/10/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1980

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 87x164x184x259
  • Waterfront
  • Sprinkler System

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Chalet
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 1,852 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • Islanders Realm Sub Lot 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060-120-000-007-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,602

Year Built

Built in 1980

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Chalet
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 4712
  • Year Built: 1980
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace
  • Basement: Yes
  • Basement: Block, Outside Entrance, Unfinished
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 19 x 19
  • Bedroom 2: Dimensions: 14 x 19
  • Bedroom 3: Dimensions: 9 x 9
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Second
  • Family Room: Dimensions: 20 x 14
  • Great Room: Dimensions: 20 x 14
  • Kitchen: Dimensions: 20 x 12
  • Laundry: Dimensions: 5 x 10
  • Living Room: Dimensions: 20 x 14
  • Below Grade Sq Ft: 832
  • Above Grade Finished Sq Ft: 1852
  • Total Finished Sq Ft: 1852

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: Exterior Balcony, Deck, Lawn Sprinkler, Patio, Porch
  • Foundation: Basement
  • Frontage: 184
  • Road: Paved Street
  • Water Features: All Sports Lake, Lake Frontage, Water View, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Private Well
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Condo/Co-op/Association

  • HOA Fees: 630
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 060-120-000-007-00
  • Lot Dimensions: 87x164x184x259
  • Acreage: 0.66
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $3,156.00
  • Winter Tax: Year: 2021, Amount: $1,556.00
  • Taxable Value: 141200
  • Total Tax: Amount: $4,712.00
  • SEV Year: 2021

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2022
Closed on
Aug 12, 2022
Sold by
Donnelly Mark S and Donnelly Catherine H
Bought by
Janssen Michael
Seller's Agent
Karen Dull
SUGAR SPRINGS REAL ESTATE
Buyer's Agent
Karen Dull
SUGAR SPRINGS REAL ESTATE
List Price
$374,400
Sold Price
$370,000
Premium/Discount to List
-$4,400
-1.18%
Current Estimated Value
$425,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,877
Avg. Annual Appreciation
4.09%
Source: Public Records

Range of Values:

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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
Janssen Michael $370,000 North Star Title Ins Agcy Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $370,000 -1.2% $200 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $374,400 +79.1% $202 / Sq Ft
07/11/2012 07/11/12 Sold $209,000 -5.0% $109 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
04/07/2012 04/07/12 For Sale $219,900 -- $115 / 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 $8,602 $236,500 $0 $236,500
2024 $5,370 $209,100 $0 $209,100
2023 $5,521 $183,200 $0 $0
2022 $3,260 $140,000 $0 $0
2021 $4,712 $141,200 $0 $141,200
2020 $4,534 $129,700 $0 $129,700
2019 $4,414 $111,500 $0 $111,500
2018 $4,318 $112,900 $0 $112,900
2017 $4,202 $116,900 $47,500 $69,400
2016 $3,990 $94,500 $45,000 $49,500
2015 -- $94,500 $47,500 $47,000
2014 -- $94,800 $47,500 $47,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karen Dull

    SUGAR SPRINGS REAL ESTATE

    (989) 802-1515

    23 Total Sales

    Karen Dull
    Section Image

  • C

    Seller's Agent in 2012

    Carl Moore

    CGBOR Reciprocal

  • Alice Moore

    Seller Co-Listing Agent in 2012

    Alice Moore

    RE/MAX RIVERHAVEN--SS

    (989) 430-0966

    286 Total Sales

    Alice Moore
    Section Image
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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50082022

Clare Gladwin Board of REALTORS®

APN: 060-120-000-007-00

Michigan Gladwin County Gladwin 48624

5116 Islanders Way, Gladwin, MI

This home is located at 5116 Islanders Way, Gladwin, MI 48624 since 10 July 2022 and is currently estimated at $425,877, approximately $229 per square foot. This property was built in 1980. 5116 Islanders 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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