NOT LISTED FOR SALE

551 Rivers Terrace Rd Gladwin, MI 48624

Estimated Value: $175,514 - $229,000

3 Beds
2 Baths
1,300 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $125,000 $96 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,267/month

183 Days on Market

Highlights

  • Private Waterfront
  • Bluff on Lot
  • Vaulted Ceiling
  • Deeded Waterfront Access Rights
  • Deck
  • Ranch Style House

About This Home

As of April 2021

Well maintained home with half acre double lot, this 3 bedroom 2 full bath home offers open floor plan with wood floors, large decks, and a 2.5 car heated garage. Matching metal roofs on house, garage, and shed, property has mature trees and a circular driveway in a quiet neighborhood.

Last Agent to Sell the Property

Randy Bierlein

REAL ESTATE ONE OF GLADWIN License #6505428081 Listed on: 09/23/2020

REAL ESTATE ONE OF GLADWIN

Last Buyer's Agent

Randy Bierlein

REAL ESTATE ONE OF GLADWIN License #6505428081 Listed on: 09/23/2020

REAL ESTATE ONE OF GLADWIN

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,981

Year Built

  • Built in 1992

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 68x68x158x131x159
  • Private Waterfront
  • 136 Feet of Waterfront
  • Bluff on Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Property is near a lake
  • Deck
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Satellite Dish

Community Details

Overview

  • Smallwood Lake Community

Recreation

  • Water Sports

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,981

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1992
  • Construction: Manufactured/HUD
  • Private Shared: Private
  • Qtr Section: SW
  • Section Number: 4
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1
  • Year Built: 1992

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Water Softener Owned, Washer, Dryer, Ceiling Fan, Propane Water Heater
  • Interior Amenities: Great Room, Vaulted Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 9'7x8'10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 9'7x8'10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15'7x12'8, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 10'2x13, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 13'3x12, On Level: Main Floor
  • Living Room: Dimensions: 18x13, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1300
  • Price Per Sq Ft: 96.15
  • Range: R 1E
  • Total Finished Sf Apx: 1300

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Smallwood Lake
  • Exterior Features: Deck, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.48
  • Road: Public Maintained, Gravel
  • Roof: Metal
  • Water Features: Priv Frontage (Wtr Side), River, All Sports, Bluff (greater than 10ft), Public Lake
  • Waterfront Frontage: 136

Garage/Parking

  • Driveway: Stone, Gravel, Circular
  • Garage Capacity: 2
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 7'10x7'10, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Dish TV
  • Water: Private Well

Association/Amenities

  • Development Name: Smallwood Lake

Schools

  • School District: Gladwin Community Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Bluff Site
  • Lot Dimensions: 68x68x158x131x159
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Apr 1, 2021
Sold by
Johnson Billie J
Bought by
Baldwin James M
Seller's Agent
Randy Bierlein
REAL ESTATE ONE OF GLADWIN
Buyer's Agent
Randy Bierlein
REAL ESTATE ONE OF GLADWIN
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$203,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,879
Avg. Annual Appreciation
11.52%
Source: Public Records

Range of Values:

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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
Baldwin James M $125,000 North Star Title Ins Agcy Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $125,000 -3.8% $96 / Sq Ft
09/23/2020 09/23/20 For Sale $130,000 -- $100 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $1,981 $72,800 $72,800 $0
2024 $660 $67,800 $67,800 $0
2023 $683 $57,100 $0 $0
2022 $1,821 $55,500 $0 $0
2021 $1,242 $53,100 $53,100 $0
2020 $1,205 $46,400 $46,400 $0
2019 $1,351 $42,000 $42,000 $0
2018 $1,296 $40,500 $40,500 $0
2017 $1,290 $41,500 $21,800 $19,700
2016 $1,272 $42,700 $20,300 $22,400
2015 -- $0 $0 $0
2014 -- $42,300 $21,800 $20,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Randy Bierlein

    REAL ESTATE ONE OF GLADWIN

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1880258

Northern Great Lakes REALTORS® MLS

APN: 110-276-000-125-00

Michigan Gladwin County Gladwin 48624

551 Rivers Terrace Rd, Gladwin, MI

This home is located at 551 Rivers Terrace Rd, Gladwin, MI 48624 since 23 September 2020 and is currently estimated at $203,879, approximately $156 per square foot. This property was built in 1992. 551 Rivers Terrace Rd is a home located in Gladwin County with nearby schools including Gladwin Elementary School, Gladwin Intermediate School, and Gladwin Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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