Sold
Last Sold Price
4 beds1,890 sqft

1072 Rivers Terrace Road, Gladwin, MI 48624

Single FamilyProperty Type
0.86 acresLot Size
1980Year Built
$95/sq ftPrice per sq ft
1 carParking Spaces

Description

A lovely 4-bedroom WATERFRONT home on all-sports Smallwood Lake for under $200,000! This home has over 1800 sqft of finished living space that's perfect for hosting! The walkout basement has a large ENTERTAINING AREA that spills out perfectly onto the expansive outdoor patios. You'll enjoy the UPDATED KITCHEN that overlooks the entertaining space and the firelit living room where you can see water from every window! The home is located on a treed DOUBLE LOT which has room for all of your guests and...A lovely 4-bedroom WATERFRONT home on all-sports Smallwood Lake for under $200,000! This home has over 1800 sqft of finished living space that's perfect for hosting! The walkout basement has a large ENTERTAINING AREA that spills out perfectly onto the expansive outdoor patios. You'll enjoy the UPDATED KITCHEN that overlooks the entertaining space and the firelit living room where you can see water from every window! The home is located on a treed DOUBLE LOT which has room for all of your guests and provides lots of privacy. You'll love the up north feel as you drive down the peaceful dead-end street surrounded by trees to your new home. Lots of outdoor storage in the 1-car garage, additional 2nd floor loft, and large workshop! This home really has it all, you'll love walking down to your boat dock and making memories with your family and friends on the lake! It's the PERFECT getaway, full-time home, even possibly an Airbnb. Furnishings negotiable. Smallwood Dam project estimated to be finished at the end of 2025 and lake returning for next Summer (2026).
Listing closed: 05/09/2025 12:00 AM • Source: MiRealSource, MLS#: 60382066
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Recent comparable sales

Median sold price

$173,900

Avg days on market

63

Sale-to-list ratio

88.7%

Gladwin, MI

9 comparable properties found

$173,900 | 948 Rivers Terrace Road, Gladwin, MI 48624
1/41
1

$173,900

Sold 09/29/26

3
Bedrooms
942
Square Feet
0.34
Acres
$72,500 | 546 Highway 30, Gladwin, MI 48624
1/37
2

$72,500

Sold 06/20/25

4
Bedrooms
976
Square Feet
2
Acres
$145,000 | 946 Rivers Terrace Road, Gladwin, MI 48624
1/40
3

$145,000

Sold 10/31/24

3
Bedrooms
1,000
Square Feet
0.58
Acres
$220,000 | 511 Rivers Terrace Drive, Gladwin, MI 48624
1/27
4

$220,000

Sold 05/09/25

3
Bedrooms
900
Square Feet
0.95
Acres
$185,900 | 520 Birchwood Lane, Gladwin, MI 48624
1/39
5

$185,900

Sold 09/16/26

3
Bedrooms
2,100
Square Feet
1.3
Acres
$228,000 | 2760 3 Rivers Road, Gladwin, MI 48624
1/36
6

$228,000

Sold 06/25/26

4
Bedrooms
1,508
Square Feet
12.5
Acres
$155,000 | 519 East Sun Oil Road, Gladwin, MI 48624
1/21
7

$155,000

Sold 09/10/26

3
Bedrooms
1,076
Square Feet
0.26
Acres
$123,000 | 425 North Antler Street, Gladwin, MI 48624
1/19
8

$123,000

Sold 03/17/25

4
Bedrooms
2,000
Square Feet
0.2
Acres
$238,000 | 4100 Highway 18, Gladwin, MI 48624
1/45
9

$238,000

Sold 03/10/25

4
Bedrooms
1,934
Square Feet
8.70
Acres

Location

Listing Courtesy of Tremaine Real Estate

Sold By LPS

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Payment Calculator

$1,168 per month

30 year fixed, 7.03% Interest

Principal and Interest

$961

Property Taxes

$207

HOA Dues

$0

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Property Information for 1072 Rivers Terrace Road

Property Details

  • Taxes: $2,479 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Traditional
  • Waterfront Features: Lake Front, Lake, Waterfront, Beach Access
  • Has Waterfront: Yes

Building Information

  • Stories: 2
  • Year Built: 1980
  • Lot Size: 0.86 AC / 37,461 SF

Summary

Location and General Information
  • Cross Street: M-30 and Rivers RD
  • Directions: N. M-30 to Old M-30 to Rivers Rd to Rivers Terrace to property
  • Latitude: 43.997905
  • Longitude: -84.354005
  • MLS Area Major: Secord Twp (26013)
  • Senior Community: No
  • Township: Gladwin Secord Twp
  • Water Body Name: Smallwood Lake
Taxes and HOA
  • Association: No
  • Parcel Number: 13016000001003
  • Tax Annual Amount: $2,479.00
  • Tax Assessed Value: 68600
School Information
  • High School District: Gladwin
Parking
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Paved, Detached

Property

Lot Information
  • Frontage Length: 143.0
  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Size Dimensions: 150x250
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
Property and Assessments
  • Above Grade Finished Area: 1180.0
  • Below Grade Finished Area: 710.0
  • Building Area Total: 1936.0
  • Living Area: 1890.0
  • Living Area Source: Estimated
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1980
Building Features
  • Construction Materials: Wood Siding
  • Entry Location: Ground Levelw Steps
  • Foundation Details: Basement, Block
  • Levels: Two
  • Roof: Asphalt
  • Total Stories: 2
Utilities
  • Sewer: Septic Tank
  • Water Source: Well, Private

Interior and Exterior Features

Exterior Features
  • Patio And Porch Features: Deck
  • Private Pool: No
Interior Features
  • Appliances: Electric Water Heater
  • Basement: Partially Finished
  • Has Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Has Fireplace: No
  • Total Rooms: 8
  • Water Heater: Electric

Room Information

Room 1
  • Type: Bedroom 2
  • Level: Basement
  • Description: Carpet
  • Dimensions: 7x7
  • Length: 7.0
  • Width: 7.0
Room 2
  • Type: Bedroom 4
  • Level: Second
  • Description: Carpet
  • Dimensions: 13x14
  • Length: 13.0
  • Width: 14.0
Room 3
  • Type: Bedroom 3
  • Level: Second
  • Description: Carpet
  • Dimensions: 13x9
  • Length: 13.0
  • Width: 9.0
Room 4
  • Type: Kitchen
  • Level: Basement
  • Dimensions: 15x13
  • Length: 15.0
  • Width: 13.0
Room 5
  • Type: Dining Room
  • Level: Basement
  • Description: Carpet
  • Dimensions: 8x12
  • Length: 8.0
  • Width: 12.0
Room 6
  • Type: Family Room
  • Level: Basement
  • Description: Carpet
  • Dimensions: 16x20
  • Length: 16.0
  • Width: 20.0
Room 7
  • Type: Bedroom 1
  • Level: Second
  • Description: Carpet
  • Dimensions: 24x13
  • Length: 24.0
  • Width: 13.0
Room 8
  • Type: Bedroom
  • Level: Second
  • Length: 13.0
  • Width: 14.0

Property History for 1072 Rivers Terrace Road

DateEvent & SourcePriceAppreciation
May 9, 2025

Sold

Realcomp #20250014720

$180,000—
May 9, 2025

Sold

MiRealSource #60382066

$180,000—
Apr 14, 2025

Contract Signed

Realcomp #20250014720

—
DateEvent & SourcePrice
05/09/2025

Sold

Realcomp #20250014720

$180,000
05/09/2025

Sold

MiRealSource #60382066

$180,000
04/14/2025

Contract Signed

Realcomp #20250014720

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1072 Rivers Terrace Road

Taxable Value

Land

$129,300

Additions

-
Total$129,300

Tax Record

2025

$3,772 ($314 / month)

Home Facts

Beds

0

Lot Size

37,462 SqFt

Style

Single Family Residence

County

GLADWIN

APN

130-160-000-010-03

Schools near 1072 Rivers Terrace Road

This home is within Gladwin Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Gladwin Elementary School
PublicPK to 2

Gladwin Intermediate School
Public3 to 5

Gladwin Junior High School
Public6 to 8

Gladwin High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1072 Rivers Terrace Road, Gladwin, MI 48624
$180,000
4
1,890
37,461
–
–
–
–
20,038
$159,000
3
1,800
23,958
–
–
–
–
21,780
$185,000
2
1,120
20,473
$120,000
–
–
–
22,651

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Tremaine Real Estate

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.