$220,000
SOLD SEP 10, 2025

555 Rivers Terrace Rd Gladwin, MI 48624

2 Beds
1 Bath
1,106 Sq Ft
0.49 Acres

Recently Sold

$199 Per Sq Ft

12% Below List Price

82 Days on Market

Highlights

  • River Front
  • Contemporary Architecture
  • Shed
  • Bluff on Lot
  • Porch
  • Ranch Style House

About This Home

As of September 2025

Welcome to 555 Rivers Terrace Rd – a cozy waterfront home on a double lot with 133 feet of frontage along the channel to Smallwood Lake. Nestled on nearly half an acre (.49 acres), this 2-bedroom, 1-bath home offers 1,106 sq ft on the main level, plus a full, unfinished basement with an egress window and space for a potential third bedroom or additional living area. The primary bedroom overlooks the water and features a sliding door to the covered deck—perfect for relaxing and taking in the view. The living room is warm and inviting with a wood-burning fireplace, and all appliances are included. The property also features a concrete driveway and is surrounded by great neighbors in a peaceful setting. Smallwood Lake is currently lowered due to dam repairs, but is expected to return to normal water levels in 2026. A great home, full of charm and possibilities—schedule your showing today!

Last Agent to Sell the Property

Randy Bierlein

REAL ESTATE ONE - GLADWIN License #CGBOR-6502428081 Listed on: 06/18/2025

REAL ESTATE ONE - GLADWIN

Last Buyer's Agent

Non Member Non Member

NONMEMBER License #CGBOR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 133.6x164.96x132x170
  • River Front
  • Home fronts a canal
  • Bluff on Lot

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,106 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Rivers Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110-276-000-123-10

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Contemporary, Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2251
  • Total Tax Year: 2025
  • Year Built: 2000
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Burning
  • Basement: Yes
  • Basement: Poured, Sump Pump, Unfinished
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 14 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 11 x 8
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 12 x 6, On Level: Main, Flooring: Vinyl
  • Dining Room: On Main Floor, Dimensions: 11 x 11
  • Dining Room Floor Covering: Vinyl
  • Kitchen: On Main Floor, Dimensions: 11 x 8
  • Kitchen Floor Covering: Vinyl
  • Living Room: On Main Floor, Dimensions: 19 x 14
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 1106
  • Above Grade Finished Sq Ft: 1106
  • Total Finished Sq Ft: 1106

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 133
  • Lake Name: Smallwood Lake
  • Road: City/County
  • Water Features: All Sports Lake, Canal Frontage, River Frontage, Waterfront
  • Waterfront: Yes
  • Sideof Street: W
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 110-276-000-123-10
  • Zoning: Residential
  • Lot Dimensions: 133.6x164.96x132x170
  • Acreage: 0.49
  • Geo Subdivision: MI
  • Site/Lot Features: Platted, Bluff

Tax Info

  • Summer Tax: Year: 2024, Amount: $1,205.00
  • Winter Tax: Year: 2024, Amount: $1,046.00
  • Total Tax: Year: 2025, Amount: $2,251.00

MLS Schools

  • School District: Gladwin Community Schools

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2025 09/10/25 Sold $220,000 -8.3% $199 / Sq Ft
09/08/2025 09/08/25 Pending -- -- --
07/29/2025 07/29/25 Price Changed $239,900 -4.0% $217 / Sq Ft
06/18/2025 06/18/25 For Sale $249,900 -- $226 / 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 $1,288 $91,900 $91,900 $0
2024 $12 $84,400 $84,400 $0
2023 $1,239 $71,300 $0 $0
2022 $2,087 $67,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randy Bierlein

    Seller's Agent in 2025

    Randy Bierlein

    REAL ESTATE ONE - GLADWIN

    (989) 329-9766

    86 Total Sales

    Randy Bierlein
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member Non Member

    NONMEMBER

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50179021

Clare Gladwin Board of REALTORS®

APN: 110-276-000-123-10

Michigan Gladwin County Gladwin 48624

555 Rivers Terrace Rd, Gladwin, MI

Sold

Detached

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