NOT LISTED FOR SALE

550 Hilo Rd Gladwin, MI 48624

Estimated Value: $60,085 - $98,000

0.18 Acre
$455,672 Price per Acre
7,841 Sq Ft Lot

Last Sold August 01, 2019

Last sale price $46,500

Est. 76% increase in value since last sale

Current estimated payment $467/month

62 Days on Market

About This Lot

As of August 2019

60 FT OF LAKE FRONTAGE ON THE ALL SPORTS LAKE OF SMALLWOOD. LOT SIZE 60 X 130 W/ NEWER STEEL SEA WALL. BUILD YOUR SUMMER COTTAGE OR BRING YOUR CAMPER & ENJOY THE LAKE! EXISTING SEPTIC HAS BEEN SERVICED & IS IN GOOD WORKING ORDER. ELECTRICITY & WIRING AT THE MAIN POLE & READY TO BE RUN TO PROPERTY. NICE MAPLE TREE ON PROPERTY FOR NICE SHADE DURING THOSE HOT SUMMER DAYS!COME SEE WHAT FUN YOU & THE FAMILY WILL HAVE & MAKE MEMORIES ON SMALLWOOD LAKE! SELLER IS LICENSED BROKER IN STATE OF MICHIGAN.

Last Agent to Sell the Property

Thom Kuchulan

RE/MAX First License #MISPE-6506044705 Listed on: 05/30/2019

RE/MAX First

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 130
  • Waterfront
  • Street terminates at a dead end
  • Cleared Lot

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 11020000004000

Community Details

Overview

  • Hi Lo Sub Subdivision

Recreation

  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$987

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 987
  • Total Tax Year: 2018
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 60
  • Lake Name: SMALLWOOD LAKE
  • Water Features: Lake Frontage, Sea Wall, Waterfront, All Sports Lake
  • Waterfront: Yes
  • Roads: City/County

Utilities

  • Water: Private Well
  • Sewer/Septic System: Septic

Lot Info

  • Assessor Parcel Number: 11020000004000
  • Location: Dead End
  • Acreage: 0.18
  • Lot Description: Graded, Cleared
  • Zoning: Residential
  • Lot Size: 60 x 130
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $510.00
  • Winter Tax: Year: 2018, Amount: $477.00
  • Total Tax: Year: 2018, Amount: $987.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 1, 2019
Sold by
Kuchulan Thomas M
Bought by
Colthorp Randy E and Colthorp Jeannie M
Seller's Agent
Thom Kuchulan
RE/MAX First
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$49,900
Sold Price
$46,500
Premium/Discount to List
-$3,400
-6.81%
Current Estimated Value
$82,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,521
Avg. Annual Appreciation
9.24%
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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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
Colthorp Randy E $46,500 Etitle Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2019 08/01/19 Sold $46,500 0.0% --
08/01/2019 08/01/19 Sold $46,500 -6.8% -- View Prior Sale
07/31/2019 07/31/19 Pending -- -- --
07/31/2019 07/31/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $49,900 0.0% --
05/15/2019 05/15/19 For Sale $49,900 -- --
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 $460 $20,100 $20,100 $0
2024 $431 $16,400 $16,400 $0
2023 $443 $14,700 $0 $0
2022 $1,035 $14,700 $0 $0
2021 $788 $14,900 $14,900 $0
2020 $826 $16,100 $16,100 $0
2019 $1,057 $17,400 $17,400 $0
2018 $1,012 $17,700 $17,700 $0
2017 $977 $17,700 $15,500 $2,200
2016 $967 $17,700 $16,500 $1,200
2015 -- $16,100 $15,500 $600
2014 -- $16,300 $15,500 $5,700
Source: Public Records

Agents Affiliated with this Home

  • Thom Kuchulan

    Seller's Agent in 2019

    Thom Kuchulan

    RE/MAX

    (313) 530-6000

    31 Total Sales

    Thom Kuchulan
    Section Image

  • .

    Buyer's Agent in 2019

    . Non Mls Member

    NON MLS Member

  • N

    Buyer's Agent in 2019

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2019

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31381787

Michigan Multiple Listing Service

APN: 110-200-000-040-00

Michigan Gladwin County Gladwin 48624

550 Hilo Rd, Gladwin, MI

Not Listed for Sale

Lots

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Michigan Multiple Listing Service Source MLS: MiRealSource
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