Last Sold Price
3 beds900 sqft$244/sqft
511 Rivers Terrace Drive, Gladwin, MI 48624

Description

3 bed 1 bath on large lot with 310' of waterfront to Smallwood All Sports Lake. Wrap around deck . wooded lot with tons of wildlife to enjoy. River is still in place. Sauna can be purchased . Boat over to the Rivers Place for lunch or dinner.3 bed 1 bath on large lot with 310' of waterfront to Smallwood All Sports Lake. Wrap around deck . wooded lot with tons of wildlife to enjoy. River is still in place. Sauna can be purchased . Boat over to the Rivers Place for lunch or dinner.
LISTING CLOSED: 05/09/2025 12:00 AM

  1. Listed by PATTIE MOWERY • LADY OF THE LAKES NORTH
    P: (989) 709-1999 C: (989) 709-1999 pm102346@msn.com
  2. Listed by SHARON WADE • LADY OF THE LAKES NORTH
    P: (989) 709-1600 C: (989) 709-1600 sharon@ladylakes.com

Property Details for 511 Rivers Terrace Drive

Status
MLS #
50168780
Days on Market
16
Taxes
$2,737 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1973
Lot Size
0.95 AC / 41,382 SF
Architectural Style
Ranch
Subdivision Name
Rivers Sub No 7 Lot 132
Waterfront Features
Lake, Waterfront
Has Waterfront
Yes
Zoning Description
Residential

Recent comparable sales

Median sold price

$142,000

Avg days on market

50

Sale-to-list ratio

92.2%

Gladwin, MI

9 comparable properties found

$145,000 | 946 Rivers Terrace Road, Gladwin, MI 48624
1/40
1

$145,000

Sold 10/31/24

3
Bedrooms
1,000
Square Feet
0.58
Acres
$100,000 | 620 Bushong Beach Drive, Gladwin, MI 48624
1/49
2

$100,000

Sold 05/15/25

3
Bedrooms
1,000
Square Feet
0.34
Acres
$220,000 | 555 Rivers Terrace Road, Gladwin, MI 48624
1/26
3

$220,000

Sold 09/11/25

2
Bedrooms
1,106
Square Feet
0.49
Acres
$140,000 | 115 South Elm Street, Gladwin, MI 48624
1/30
4

$140,000

Sold 06/30/25

2
Bedrooms
900
Square Feet
3.7
Acres
$167,000 | 264-274 Flynn Street, Gladwin, MI 48624
1/54
5

$167,000

Sold 10/04/24

3
Bedrooms
1,040
Square Feet
0.57
Acres
$125,000 | 103 Lakeview Drive, Gladwin, MI 48624
1/60
6

$125,000

Sold 08/03/26

2
Bedrooms
900
Square Feet
0.22
Acres
$142,000 | 1053 Radov Road, Gladwin, MI 48624
1/27
7

$142,000

Sold 12/01/25

3
Bedrooms
996
Square Feet
0.77
Acres
$228,000 | 11060 Cedar Lane, Gladwin, MI 48624
1/40
8

$228,000

Sold 12/13/24

3
Bedrooms
980
Square Feet
10
Acres
$72,500 | 546 Highway 30, Gladwin, MI 48624
1/37
9

$72,500

Sold 06/20/25

4
Bedrooms
976
Square Feet
2
Acres

Location

Listing Courtesy of LADY OF THE LAKES NORTH

Sold By LADY OF THE LAKES NORTH

Add your commute

Building Information for 511 Rivers Terrace Drive

Stories2Year Built1973Building Size-Lot Size0.95 AC / 41,382 SF

Payment Calculator

$1,346 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,118

Property Taxes

$228

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 511 Rivers Terrace Drive

Summary
Location and General Information
  • Cross Street: Rivers Rd
  • Directions: M-30 South to Old M-30 to Rivers Road to Rivers Terrace to property
  • Latitude: 43.98741301
  • Longitude: -84.35871601
  • MLS Area Major: Hay Twp (26011)
  • Water Body Name: Smallwood Lake
Taxes and HOA
  • Association: No
  • Parcel Number: 110-277-000-132-00
  • Tax Annual Amount: $2,737.18
  • Tax Year: 2024
Parking
  • Garage: No
Property
Lot Information
  • Frontage Length: 310.0
  • Frontage Type: Waterfront
  • Lot Features: Wooded
  • Lot Size Acres: 0.95
Property and Assessments
  • Above Grade Finished Area: 900.0
  • Building Area Total: 900.0
  • Living Area: 900.0
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1973
Building Features
  • Other Structures: Shed(s)
  • Construction Materials: Wood Siding
  • 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: Refrigerator, Range, Oven
  • Basement: Crawl Space
  • Has Basement: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Has Fireplace: No
  • Heating: Baseboard, Forced Air, Electric, Propane
  • Has Heating: Yes
  • Total Rooms: 5
Room Information
Room 1
  • Dimensions: 16x12
  • Length: 16.0
  • Level: Main
  • Type: Bedroom 1
  • Width: 12.0
Room 2
  • Dimensions: 18x16
  • Length: 18.0
  • Level: Upper
  • Type: Bedroom 3
  • Width: 16.0
Room 3
  • Dimensions: 10x12
  • Length: 10.0
  • Level: Main
  • Type: Bedroom 2
  • Width: 12.0
Room 4
  • Dimensions: 14x13
  • Length: 14.0
  • Level: Main
  • Type: Living Room
  • Width: 13.0

Property History for 511 Rivers Terrace Drive

DateEvent & SourcePriceAppreciation
May 9, 2025

Sold

MiRealSource #50168780

$220,000
Apr 14, 2025

Contract Signed

MiRealSource #50168780

Mar 14, 2025

Listed (Active)

MiRealSource #50168780

$230,000
DateEvent & SourcePrice
05/09/2025

Sold

MiRealSource #50168780

$220,000
04/14/2025

Contract Signed

MiRealSource #50168780

03/14/2025

Listed (Active)

MiRealSource #50168780

$230,000

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

Schools near 511 Rivers Terrace Drive

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: 511 Rivers Terrace Drive, Gladwin, MI 48624
$220,000
3
900
41,382
41,382
40,946
$175,000
2
1,232
76,665
440,827
32,670

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 LADY OF THE LAKES NORTH

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.