NOT LISTED FOR SALE

5249 King Richards Ct Gladwin, MI 48624

Estimated Value: $452,000 - $667,000

3 Beds
2 Baths
3,814 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $532,000 $139 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,692/month

253 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Outdoor Pool
  • Beach
  • Sandy Beach
  • Clubhouse

About This Home

As of September 2023

Wow! Check out this beautiful waterfront home on this unique lot located on lovely Lake Lancelot in Sugar Springs. This gorgeous home sits on a rare private point with over 250 ft of waterfront, surrounded by hand placed stone, featuring stunning summer sunrises and gorgeous panoramic views. Sit out on the open deck with a tall glass of ice tea and take in the view. This large ranch features 1964 sq ft of living space on the main level and over 1800 finished sq ft on the lower level. You’ll have plenty of space to entertain guests. You’ll love the open floor plan with vaulted ceilings, large open kitchen, breakfast bar, dining area with a view, stone fireplace, master bedroom suite, private sunroom and a full finished walkout basement with knotty pine interior. There is a stone fireplace in the living room that can burn natural wood and also has gas piped in for gas log. There is also a ventless gas fireplace in the basement level for extra heat. Drive up to this lovely home on a large blacktop driveway with extra parking space. Make your appointment today! *(Buyer's Agent must accompany their buyers at ALL Showings)*

Last Agent to Sell the Property

Ivie Baker

Baker-Kehoe Realty LLC License #CGBOR-6502368792 Listed on: 10/31/2022

Last Buyer's Agent

Non Member

Non-Member License #FAAR-126710

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 260x226.61x30x207.98
  • Lake Front
  • Sandy Beach
  • Lot Has A Rolling Slope

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 060-130-000-111-00

Community Details

Overview

  • Kings Realm Subdivision

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Exercise Course
  • Community Spa
  • Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1998

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: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2855.58
  • Total Tax Year: 2021
  • Year Built: 1998
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Finished, Walk Out, Wood
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 15 x 13
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 15 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Main Floor, Dimensions: 15 x 12
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 9 x 9, On Level: Main, Flooring: Ceramic
  • Bathroom 2: Dimensions: 10 x 8, On Level: Lower, Flooring: Ceramic
  • Dining Room: On Main Floor, Dimensions: 15 x 11
  • Dining Room Floor Covering: Carpet
  • Family Room: On Lower Floor, Dimensions: 24 x 21
  • Family Room Floor Covering: Carpet
  • Kitchen: On Main Floor, Dimensions: 17 x 12
  • Kitchen Floor Covering: Vinyl
  • Laundry: On Main Floor, Dimensions: 8 x 7
  • Laundry Room Floor Covering: Vinyl
  • Living Room: On Main Floor, Dimensions: 23 x 16
  • Living Room Floor Covering: Carpet
  • Sun Room: On Main Floor, Dimensions: 10 x 10
  • Other Room 2: Dimensions: 21x16, On Level: Lower, Flooring: Carpet
  • Below Grade Sq Ft: 1950
  • Finished Below Grade Sq Ft: 1850
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1964
  • Total Finished Sq Ft: 3814

Exterior Features

  • Pool: Yes
  • Exterior: Stone, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation: Basement
  • Frontage: 250
  • Lake Name: Lake Lancelot
  • Road: Country, Paved Street
  • Water Features: All Sports Lake, Lake Frontage, Waterfront, Interior Lake, Sandy Bottom
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage, Gar Door Opener
  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 630
  • HOA Fee Frequency: Yearly
  • Community Features: Club House, Exercise/Facility Room, Golf Course, Park, Playground, Pool/Hot Tub, Tennis Courts, Restaurant, Beach Area, Trail(s)
  • Association Phone: 989-426-7111
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 060-130-000-111-00
  • Zoning: Residential
  • Lot Dimensions: 260x226.61x30x207.98
  • Acreage: 0.39
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision, Rolling/Hilly

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,291.55
  • Winter Tax: Year: 2021, Amount: $1,564.03
  • Total Tax: Year: 2021, Amount: $2,855.58

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Sep 1, 2023
Sold by
Cottee Barry G and Cottee Sharon R
Bought by
Ackerman Kevin
Seller's Agent
Ivie Baker
Baker-Kehoe Realty LLC
Buyer's Agent
Non Member
Non-Member
List Price
$589,907
Sold Price
$532,000
Premium/Discount to List
-$57,907
-9.82%
Current Estimated Value
$574,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,216
Avg. Annual Appreciation
3.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ackerman Kevin $532,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $532,000 -8.3% $139 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $579,905 0.0% $152 / Sq Ft
04/23/2023 04/23/23 Price Changed $579,907 -0.9% $152 / Sq Ft
12/02/2022 12/02/22 Price Changed $584,907 -0.8% $153 / Sq Ft
10/31/2022 10/31/22 For Sale $589,907 -- $155 / 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 $7,878 $287,800 $0 $287,800
2024 $74 $264,100 $0 $264,100
2023 $1,344 $210,200 $0 $0
2022 $1,334 $160,500 $0 $0
2021 $2,856 $162,300 $0 $162,300
2020 $1,289 $149,900 $0 $149,900
2019 $2,617 $140,900 $0 $140,900
2018 $2,563 $133,600 $0 $133,600
2017 $2,483 $121,300 $45,000 $76,300
2016 $2,287 $123,800 $45,000 $78,800
2015 -- $123,500 $45,000 $78,500
2014 -- $119,300 $45,000 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50094738

Clare Gladwin Board of REALTORS®

APN: 060-130-000-111-00