NOT LISTED FOR SALE

5480 S Cedar River Rd Gladwin, MI 48624

Estimated Value: $116,000 - $188,000

2 Beds
1 Bath
1,050 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $100,000 $95 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $980/month

104 Days on Market

Highlights

  • Cabana
  • 2 Car Detached Garage
  • Patio
  • River Front
  • Porch
  • Living Room

About This Home

As of July 2019

Clear your mind at the cottage on the Cedar River! Listen to the river flow by as you enjoy nature from your backyard. A massive 229' of riverfront allows for plenty of space to throw a line in, wade in for a swim, or drop in your tube or kayak for a float. Step into the cottage and the cheery, beachy atmosphere greets you. The open floor plan offers much space for the family to gather and the living room has a sliding door offering a great view of the river. Large, well equipped kitchen with all appliances included and a large dining area with a view too! 2 spacious bedrooms both with closets, an updated bathroom and a laundry/entry room complete the interior. The screened cabana will be a favorite evening hangout. Two 1 car garages for storage. Additional lot has it's own well and septic and deck perfect for your guests to park their travel trailer at. Newer metal roofs provide peace of mind!

Last Agent to Sell the Property

Sonya Loose

Century 21 Signature Realty Midland License #MBR-6506042167 Listed on: 01/29/2019

Century 21 Signature Realty Midland

Last Buyer's Agent

Non Member

Midland Board of REALTORS License #MBR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 229x132x216x120
  • River Front

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Cabana
  • Patio
  • Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 120-075-000-043-00 & 120-075-0

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of Realtors
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 Story
  • Total Tax Amount: 1843.68
  • Total Tax Year: 2018
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 11 x 11
  • Bedroom 2: On Main Floor, Dimensions: 11 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Room Types: First Floor Laundry, First Floor Mstr Bedroom, Living Room
  • Dining Room: On Main Floor, Dimensions: 8 x 13
  • Kitchen: On Main Floor, Dimensions: 8 x 12
  • Laundry: On Main Floor, Dimensions: 7 x 8
  • Living Room: On Main Floor, Dimensions: 13 x 18
  • Above Grade Finished Sq Ft: 1050
  • Total Finished Sq Ft: 1050

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio, Porch
  • Foundation: Crawl, Slab
  • Frontage: 216
  • Road: Gravel, Private Road
  • Water Features: River Frontage, Water View
  • Waterfront: Yes
  • Out Buildings: Shed, Cabana

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Wall Heat
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Window Unit(s)

Lot Info

  • Assessor Parcel Number: 120-075-000-043-00 & 120-075-0
  • Zoning: Residential
  • Lot Dimensions: 229x132x216x120
  • Acreage: 0.64
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,145.92
  • Winter Tax: Year: 2018, Amount: $697.76
  • Total Tax: Year: 2018, Amount: $1,843.68

MLS Schools

  • School District: Gladwin Community Schools

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Jul 3, 2019
Sold by
Aleman and Amy
Bought by
Lanzon Eric S
Seller's Agent
Sonya Loose
Century 21 Signature Realty Midland
Buyer's Agent
Non Member
Midland Board of REALTORS
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Current Estimated Value
$159,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,968
Avg. Annual Appreciation
7.58%
Original Mortgage
$90,000
Outstanding Balance
$78,848
Interest Rate
3.82%
Mortgage Type
Construction
Estimated Equity
$81,120
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lanzon Eric S $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanzon Eric S $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $100,000 -9.0% $95 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $109,900 -8.3% $105 / Sq Ft
01/29/2019 01/29/19 For Sale $119,900 -- $114 / Sq Ft
Source: Midland 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 $1,666 $70,200 $0 $70,200
2024 $990 $70,400 $0 $70,400
2023 $1,017 $44,900 $0 $0
2022 $1,560 $35,100 $0 $0
2021 $1,458 $36,600 $0 $36,600
2020 $1,432 $30,700 $0 $30,700
2019 $1,325 $31,950 $0 $31,950
2018 $1,284 $28,100 $0 $28,100
2017 $1,256 $28,200 $11,300 $16,900
2016 $1,230 $26,650 $5,650 $21,000
2015 -- $0 $0 $0
2014 -- $28,700 $11,300 $17,400
Source: Public Records

Agents Affiliated with this Home

  • Sonya Loose

    Seller's Agent in 2019

    Sonya Loose

    Century 21 Signature Realty Midland

    (989) 429-2600

    299 Total Sales

    Sonya Loose
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    Midland Board of REALTORS

See All Agents

Map

Source: Midland Board of REALTORS®

MLS Number: 31369837

Midland Board of REALTORS®

APN: 120-075-000-043-00

Michigan Gladwin County Gladwin 48624

5480 S Cedar River Rd, Gladwin, MI

Not Listed for Sale

Detached

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