NOT LISTED FOR SALE

5651 Lakeside Dr Gladwin, MI 48624

Estimated Value: $93,810 - $149,000

2 Beds
1 Bath
640 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $27,000 $42 Per Sq Ft

Est. 331% increase in value since last sale

Current estimated payment $661/month

34 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Garage

About This Home

As of September 2016

Affordable cottage on a quiet lagoon of McGilvery Lake. Kayak or canoe to the lake for a fun day of fishing. Watch Bald Eagles, Osprays and a variety of other wildlife from your yard. McGilvery lake offers some fantastic fishing for bass, pike and panfish. (5648 Lakeside can also be purchased with this cottage, for extra room for guests. See MLS# 165746)

Last Agent to Sell the Property

Ivie Baker

Baker-Kehoe Realty LLC License #CGBOR-6502368792 Listed on: 05/24/2016

Last Buyer's Agent

David Merrifield

Baker-Kehoe Realty LLC License #CGBOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 92.8x74.5x65x99
  • Waterfront

Parking

  • Garage

Home Design

  • 640 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Kitchen

  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Mcgilver Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120-131-000-064-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$224

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Originating MLS: Clare Gladwin Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 224
  • Total Tax Year: 2015
  • Year Built: 1965
  • 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: 12 x 12
  • Bedroom 4: On Main Floor, Dimensions: 9 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 7, On Level: Main
  • Kitchen: On Main Floor, Dimensions: 16 x 11
  • Living Room: On Main Floor, Dimensions: 20 x 17
  • Above Grade Finished Sq Ft: 640
  • Total Finished Sq Ft: 640

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Slab
  • Frontage: 65
  • Lake Name: McGilvery
  • Road: Gravel
  • Water Features: Lake Frontage
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 120-131-000-064-00
  • Zoning: Residential
  • Lot Dimensions: 92.8x74.5x65x99
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $515.87
  • Winter Tax: Amount: $297.70
  • Total Tax: Year: 2015, Amount: $224.00

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Sep 18, 2016
Sold by
Keenan Michael D and Keenan Patricia A
Bought by
Farlin Richard G
Seller's Agent
Ivie Baker
Baker-Kehoe Realty LLC
Buyer's Agent
David Merrifield
Baker-Kehoe Realty LLC
List Price
$34,521
Sold Price
$27,000
Premium/Discount to List
-$7,521
-21.79%
Current Estimated Value
$116,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,453
Avg. Annual Appreciation
17.10%
Original Mortgage
$21,600
Outstanding Balance
$9,995
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$106,458
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
Farlin Richard G $27,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farlin Richard G $21,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $27,000 -21.8% $42 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $34,521 -- $54 / 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 $629 $34,000 $34,000 $0
2024 $589 $34,900 $34,900 $0
2023 $605 $25,100 $0 $0
2022 $991 $23,600 $0 $0
2021 $924 $20,800 $20,800 $0
2020 $908 $20,100 $20,100 $0
2019 $895 $21,600 $21,600 $0
2018 $870 $17,500 $17,500 $0
2017 $860 $17,350 $5,300 $12,050
2016 $832 $17,000 $4,000 $13,000
2015 -- $0 $0 $0
2014 -- $16,700 $5,300 $11,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 41022173

Clare Gladwin Board of REALTORS®

APN: 120-131-000-064-00