NOT LISTED FOR SALE

524 Rivers Terrace Rd Gladwin, MI 48624

Estimated Value: $212,519 - $271,000

3 Beds
1.5 Baths
1,300 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $134,000 $103 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,531/month

209 Days on Market

Highlights

  • Pier or Dock
  • Deck
  • 1 Car Detached Garage
  • Home fronts a canal
  • Cathedral Ceiling
  • Water Softener is Owned

About This Home

As of April 2017

Quality constructed, immaculate home or cottage right on the waterfront of Smallwood Lake. Very secluded and private with lots of trees. Just out front park your boat or pontoon, and start having fun on the lake. Great fishing, boating and swimming on this all sport lake. Knotty pine fine quality built kitchen cabinets. Large open cathedral ceilings and open space for the kitchen, dining and living room, all joining for that family gathering. Tile and wood flooring through out the house. Three bedroom with a large bedroom upstairs for all you family or extra guests. Newly painted bedrooms. Sit out on the wrap around deck and view the water, just minutes from the main lake. Detached garage with a loft for extra storage or a work shop. Make your appointment today and don't miss out on this one. Just reduced. 20' Bently Pontoon and paddle boat for sale or negotiable in the price. Extra furnishings negotiable too.

Last Agent to Sell the Property

Jan Stoike

COLDWELL BANKER PROFESSIONALS License #CGBOR-6501317800 Listed on: 10/01/2016

COLDWELL BANKER PROFESSIONALS

Last Buyer's Agent

Jan Stoike

COLDWELL BANKER PROFESSIONALS License #CGBOR-6501317800 Listed on: 10/01/2016

COLDWELL BANKER PROFESSIONALS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 2002

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 336x201x35x135
  • Home fronts a canal

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding
  • Masonite

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Sump Pump
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Propane
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Pier or Dock

Listing and Financial Details

  • Assessor Parcel Number 11027700013600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,308

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2692
  • Total Tax Year: 2015
  • Year Built: 2002
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Window Treatment(s)
  • Appliances: Dishwasher, Freezer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Basement: Yes
  • Basement: Block, Sump Pump
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 15 x 16
  • Bedroom 4: On Main Floor, Dimensions: 11 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 3 x 6, On Level: Main
  • Bathroom 4: Dimensions: 8 x 8, On Level: Main
  • Great Room: On Main Floor, Dimensions: 16 x 29
  • Laundry: On Main Floor, Dimensions: 7 x 7
  • Above Grade Finished Sq Ft: 1300
  • Total Finished Sq Ft: 1300
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Wood, Masonite
  • Exterior Features: Deck
  • Frontage: 230
  • Lake Name: Smallwood Lake
  • Road: Paved Street
  • Water Features: All Sports Lake, Canal Frontage, Dock/Pier Facility
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Parking: 1 Space
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 11027700013600
  • Zoning: Residential
  • Lot Dimensions: 336x201x35x135
  • Acreage: 0.7
  • Geo Subdivision: MI

Tax Info

  • Taxable Value: 57000
  • Total Tax: Year: 2015, Amount: $2,692.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2016
Closed on
Apr 26, 2017
Sold by
Baylis Perry A and Baylis Renee J
Bought by
Lockwood Frederic A
Seller's Agent
Jan Stoike
COLDWELL BANKER PROFESSIONALS
Buyer's Agent
Jan Stoike
COLDWELL BANKER PROFESSIONALS
List Price
$135,000
Sold Price
$134,000
Premium/Discount to List
-$1,000
-0.74%
Current Estimated Value
$247,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,630
Avg. Annual Appreciation
7.62%
Original Mortgage
$125,000
Outstanding Balance
$104,566
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$143,064
Source: Public Records

Range of Values:

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Average Value
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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
Lockwood Frederic A $134,000 North Star Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockwood Frederic A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $134,000 -0.7% $103 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
10/01/2016 10/01/16 For Sale $135,000 -- $104 / 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 $2,308 $100,400 $100,400 $0
2024 $778 $96,200 $96,200 $0
2023 $805 $82,300 $0 $0
2022 $2,088 $67,400 $0 $0
2021 $1,741 $65,900 $65,900 $0
2020 $1,692 $71,600 $71,600 $0
2019 $1,812 $63,300 $63,300 $0
2018 $1,743 $58,700 $58,700 $0
2017 $1,659 $58,900 $21,000 $37,900
2016 $2,653 $60,100 $19,600 $40,500
2015 -- $55,800 $21,000 $34,800
2014 -- $57,000 $21,000 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41022809

Clare Gladwin Board of REALTORS®

APN: 110-277-000-136-00