NOT LISTED FOR SALE

5256 Riverside Dr Gladwin, MI 48624

Estimated Value: $242,004 - $279,000

2 Beds
2 Baths
1,800 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $230,000 $128 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,510/month

30 Days on Market

Highlights

  • River Front
  • Converted Barn or Barndominium
  • 2 Car Attached Garage
  • Wood Burning Stove
  • Fireplace
  • Wood Siding

About This Home

As of July 2024

Discover the perfect blend of relaxation and adventure at this riverside retreat in Sugar Springs. Enjoy serene walks through the woods, wade down the Tittabawassee River, or unwind on the balcony with breathtaking river views. This completely updated 2-bedroom, 2-bathroom barndominium features a new kitchen with granite countertops and new appliances, complemented by wide plank vinyl flooring. Large windows offer stunning views and fill the home with natural light. Set on over 3.5 acres, this property offers a large yard and an insulated attached 2-car garage. Warm up with wood heating in the winter, and take advantage of nearby golf courses, lakes, and abundant wildlife for great upland hunting. Priced at $228,500, this home is the ideal base camp for your next adventure, promising peace, tranquility, and endless outdoor activities. Don’t miss out on making a lifetime of memories here. Agent Owed Property

Last Agent to Sell the Property

Nathaniel Coston

EXP Realty License #FAAR Listed on: 06/14/2024

EXP Realty

Last Buyer's Agent

Tammy Glupker

Agent History License #GRAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2000

Lot Details

  • 3.69 Acre Lot
  • 250 Ft Wide Lot
  • River Front

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Converted Barn or Barndominium
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wood Burning Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Wood
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 060-014-203-003-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,408

Year Built

Built in 2000

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Barndominium
  • Structure Style: 2 Story
  • Total Tax Amount: 1408.47
  • Total Tax Year: 2023
  • Year Built: 2000
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplaces: Wood Stove
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 16
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 16
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Main, Flooring: Vinyl
  • Bathroom 2: On Level: Upper, Flooring: Vinyl
  • Kitchen: On Entry Level, Dimensions: 16 x 14
  • Kitchen Floor Covering: Vinyl
  • Living Room: On Entry Level, Dimensions: 16 x 14
  • Living Room Floor Covering: Vinyl
  • Above Grade Finished Sq Ft: 1800
  • Total Finished Sq Ft: 1800

Exterior Features

  • Exterior: Wood
  • Foundation: Slab
  • Frontage: 250
  • Lake Name: Tittabawasee
  • Water Features: River Frontage
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Attached Garage, Electric in Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Electric Heat
  • Heating Fuel: Electric, Wood
  • Sewer: Septic
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Fee Frequency: Yearly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 060-014-203-003-03
  • Lot Dimensions: 174240 sq ft
  • Acreage: 3.69
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $790.80
  • Winter Tax: Year: 2023, Amount: $617.67
  • Total Tax: Year: 2023, Amount: $1,408.47

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 26, 2024
Sold by
Coston Nathaniel L and Coston Sally K
Bought by
Margerison Robert C
Seller's Agent
Nathaniel Coston
EXP Realty
Buyer's Agent
Tammy Glupker
Agent History
List Price
$228,500
Sold Price
$230,000
Premium/Discount to List
$1,500
0.66%
Views
49
Current Estimated Value
$266,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,751
Avg. Annual Appreciation
10.53%
Original Mortgage
$210,000
Outstanding Balance
$203,138
Interest Rate
0.68%
Mortgage Type
Construction
Estimated Equity
$63,613
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Margerison Robert C $230,000 North Star Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margerison Robert C $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $230,000 +0.7% $128 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $228,500 -- $127 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,232 $112,400 $112,400 $0
2024 $14 $72,900 $72,900 $0
2023 $791 $44,700 $44,700 $0
2022 $766 $37,900 $0 $0
2021 $1,261 $37,100 $37,100 $0
2020 $735 $30,900 $30,900 $0
2019 $1,161 $29,300 $29,300 $0
2018 $1,134 $30,900 $30,900 $0
2016 $1,104 $26,200 $10,000 $16,200
2015 -- $26,200 $10,000 $16,200
2014 -- $26,200 $10,000 $16,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50145462

Michigan Multiple Listing Service

APN: 060-014-203-003-03