NOT LISTED FOR SALE

964 Rivers Terrace Rd Gladwin, MI 48624

Estimated Value: $170,000 - $190,229

3 Beds
1 Bath
840 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $169,000 $201 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,209/month

21 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Walk-In Closet
  • Deck
  • 2 Car Detached Garage
  • Shed

About This Home

As of October 2022

SMALLWOOD LAKE - Totally remodeled year-round home or northern cottage! This 3BR/1.5BA home has new metal roof, updated heating & electric, new fireplace, and new vinyl plank flooring throughout. Nicely wooded lot with 60' of frontage on Smallwood Lake, with lake levels scheduled to return in 2024. Master bedroom ensuite has half-bath and walk-in closet with washer & dryer hookup. Large 2-car garage is insulated and has concrete floor. Large deck on lakeside with gorgeous view. Cost effective heating offers three options: propane wall furnace, electric, and wood fireplace. Add some solar panels and be totally self-sufficient! Propane tank & garden shed stay. As turn-key as it gets - schedule your appointment today! $165,000

Last Agent to Sell the Property

Wayne Walts

RE/MAX RIVER HAVEN License #CGBOR-6506037990 Listed on: 08/04/2022

RE/MAX RIVER HAVEN

Last Buyer's Agent

Joie Sawdon

Century 21 Realty North License #CGBOR-6501425227

Century 21 Realty North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 60x190x60x189
  • Waterfront

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 840 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

  • Rivers Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 110-273-000-049-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,855

Year Built

Built in 1978

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: 2176
  • Total Tax Year: 2021
  • Year Built: 1978
  • Mail City: Gladwin
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet
  • Appliances: Range/Oven, Refrigerator
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Wood Burning
  • Bedrooms: 3
  • Bedroom 1: On Main Floor, Dimensions: 10 x 9
  • Bedroom 1 Floor Covering: Vinyl
  • Bedroom 2: On Main Floor, Dimensions: 10 x 8
  • Bedroom 2 Floor Covering: Vinyl
  • Bedroom 3: On Main Floor, Dimensions: 10 x 8
  • Bedroom 3 Floor Covering: Vinyl
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 10 x 5, On Level: Main, Flooring: Vinyl
  • Kitchen: On Main Floor, Dimensions: 10 x 11
  • Kitchen Floor Covering: Vinyl
  • Living Room: On Main Floor, Dimensions: 15 x 12
  • Living Room Floor Covering: Vinyl
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 840
  • Total Finished Sq Ft: 840

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Crawl
  • Frontage: 60
  • Lake Name: Smallwood Lake
  • Road: City/County, Gravel
  • Water Features: All Sports Lake, Waterfront
  • Waterfront: Yes
  • Out Buildings: Shed, Garage(s)
  • Frontage Type: Water

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 110-273-000-049-00
  • Zoning: Residential
  • Lot Dimensions: 60x190x60x189
  • Acreage: 0.26
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,421.00
  • Winter Tax: Year: 2021, Amount: $755.00
  • Taxable Value: 47923
  • Total Tax: Year: 2021, Amount: $2,176.00
  • SEV Year: 2022

MLS Schools

  • School District: Gladwin Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 5, 2022
Sold by
Kuhn Deanna M
Bought by
Stewart William S
Seller's Agent
Wayne Walts
RE/MAX RIVER HAVEN
Buyer's Agent
Joie Sawdon
Century 21 Realty North
List Price
$165,000
Sold Price
$169,000
Premium/Discount to List
$4,000
2.42%
Current Estimated Value
$178,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,307
Avg. Annual Appreciation
5.38%
Original Mortgage
$152,100
Outstanding Balance
$147,950
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$48,499
Source: Public Records

Range of Values:

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Average Value
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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
Stewart William S $169,000 North Star Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart William S $152,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $169,000 +2.4% $201 / Sq Ft
08/04/2022 08/04/22 For Sale $165,000 -- $196 / 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 $2,855 $62,700 $62,700 $0
2024 $1,571 $59,900 $59,900 $0
2023 $1,615 $53,600 $0 $0
2022 $2,508 $48,300 $0 $0
2021 $2,177 $47,300 $47,300 $0
2020 $2,126 $48,900 $48,900 $0
2019 $2,252 $44,900 $44,900 $0
2018 $2,214 $44,800 $44,800 $0
2017 $2,148 $45,300 $18,500 $26,800
2016 $2,122 $46,100 $19,500 $26,600
2015 -- $43,300 $18,500 $24,800
2014 -- $44,100 $18,500 $25,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Clare Gladwin Board of REALTORS®

MLS Number: 50085618

Clare Gladwin Board of REALTORS®

APN: 110-273-000-049-00