NOT LISTED FOR SALE

5648 Lakeside Dr Gladwin, MI 48624

Estimated Value: $137,000 - $167,000

2 Beds
1 Bath
772 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $132,500 $172 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $846/month

7 Days on Market

Highlights

  • Waterfront
  • Cottage
  • 1-Story Property
  • Deck
  • Shed
  • Carpet

About This Home

As of August 2023

Cute waterfront cottage with over 146.55' on McGilvery Lake, a quiet no wake fishing lake (no gas motors). Enjoy watching Bald Eagles, Loons and a variety of other wildlife, from your front deck. This nice 2-bedroom cottage sits out on a point. This cottage also comes mostly furnished and includes the dock and pontoon boat! Many updates including vintage 50's kitchen with new cabinets and countertops, updated bathroom, flooring, 200 amp electrical panel, furnace, roof, 10x16 shed and more. Has a retractable awning on the water side. Sandy on one side of the property and can have weed control for a extra fee. The well is from 2014 and is a 5" artesian well. New plumbing added so easy to winterize. Cute place and ready for someone to enjoy! *Sellers won't look at offers until after July 17,2023 after 6pm. Any offers will be presented but not responded to until after that*

Last Agent to Sell the Property

Melissa Castillo

Baker-Kehoe Realty LLC License #CGBOR-6501299630 Listed on: 07/11/2023

Last Buyer's Agent

Melissa Castillo

Baker-Kehoe Realty LLC License #CGBOR-6501299630 Listed on: 07/11/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 146.55x49.1x90.8x77
  • Waterfront
  • Street terminates at a dead end

Home Design

  • Cottage

Interior Spaces

  • 772 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • Mcgilvery Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120-131-000-061-00

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cottage
  • Structure Style: 1 Story
  • Total Tax Amount: 1659.4
  • Total Tax Year: 2022
  • Year Built: 1960
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: On Main Floor, Dimensions: 10 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Main Floor, Dimensions: 10 x 9
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 9 x 5, On Level: Main, Flooring: Laminate
  • Great Room: On Main Floor, Dimensions: 25 x 15
  • Kitchen: On Main Floor, Dimensions: 15 x 13
  • Kitchen Floor Covering: Laminate
  • Living Room: On 1st Floor, Dimensions: 13 x 12
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 772
  • Total Finished Sq Ft: 772

Exterior Features

  • Exterior: Log
  • Exterior Features: Deck
  • Foundation: Crawl
  • Frontage: 147
  • Lake Name: McGilvery
  • Road: Gravel, Private Road
  • Water Features: Lake Frontage
  • Waterfront: Yes
  • Sideof Street: S
  • Out Buildings: Shed
  • Frontage Type: Water

Garage/Parking

  • Garage: No

Utilities

  • Heating: Wall Heat
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well

Lot Info

  • Assessor Parcel Number: 120-131-000-061-00
  • Zoning: Residential
  • Lot Dimensions: 146.55x49.1x90.8x77
  • Acreage: 0.17
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, Platted

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,054.82
  • Winter Tax: Year: 2022, Amount: $604.58
  • Total Tax: Year: 2022, Amount: $1,659.40

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Aug 4, 2023
Sold by
Parrott Trust
Bought by
Matlock Jeffrey
Seller's Agent
Melissa Castillo
Baker-Kehoe Realty LLC
Buyer's Agent
Melissa Castillo
Baker-Kehoe Realty LLC
List Price
$132,500
Sold Price
$132,500
Current Estimated Value
$151,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,561
Avg. Annual Appreciation
5.61%
Original Mortgage
$125,875
Outstanding Balance
$123,143
Interest Rate
7.07%
Mortgage Type
Construction
Estimated Equity
$27,918
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
Matlock Jeffrey $132,500 North Star Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matlock Jeffrey $125,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $132,500 0.0% $172 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $132,500 +112.0% $172 / Sq Ft
07/27/2016 07/27/16 Sold $62,500 -10.1% $89 / Sq Ft View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $69,521 -- $99 / 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 $682 $62,200 $0 $62,200
2024 $685 $62,300 $0 $62,300
2023 $1,089 $45,400 $0 $0
2022 $1,659 $43,700 $0 $0
2021 $1,551 $37,700 $0 $37,700
2020 $1,523 $35,800 $0 $35,800
2019 $1,499 $39,300 $0 $39,300
2018 $1,453 $31,500 $0 $31,500
2017 $1,437 $31,250 $8,850 $22,400
2016 $1,338 $29,700 $6,700 $23,000
2015 -- $29,700 $8,850 $20,850
2014 -- $28,700 $8,850 $19,850
Source: Public Records

Agents Affiliated with this Home

  • Melissa Castillo

    Seller's Agent in 2023

    Melissa Castillo

    Baker-Kehoe Realty LLC

    (989) 965-3170

    185 Total Sales

    Melissa Castillo
    Section Image
  • Ivie Baker

    Seller's Agent in 2016

    Ivie Baker

    Baker-Kehoe Realty LLC

    (989) 429-0124

    293 Total Sales

    Ivie Baker
    Section Image
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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50114836

Clare Gladwin Board of REALTORS®

APN: 120-131-000-061-00

Michigan Gladwin County Gladwin 48624

5648 Lakeside Dr, Gladwin, MI

Not Listed for Sale

Detached

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