$2,731 Closing Credit¹
#50168780, PATTIE MOWERY, Listing Office: LADY OF THE LAKES NORTH
$199,000 List price
1072 Rivers Terrace Rd Gladwin, MI 48624
$2,363
Closing credit¹
4 beds
1 full
1,890 sqft
0.9 acres
$105 / sqft
House
Property details
About 1072 Rivers Terrace Rd
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).
Highlights
Home typeSingle Family Residence
HeatingForced Air, Propane
StatusActive
CoolingCeiling Fan(s)
Size1,890 sqft
BasementYes
Lot size0.86 Acres
Year built1980
ParkingOne Car Garage, Detached
MLS #20250014720
Garage1 space
WaterfrontLake, Beach, Waterfront, Dock Facilities, Lake Front, Seawall
Summary
- MLS Number: 20250014720
- MLS Name: Realcomp II Ltd
- Office Name: Tremaine Real Estate
- Office Phone: (810) 750-4663
- Listing Agent: Ryan Scully
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 6:00:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$199,000
1072 Rivers Terrace Rd
$2,363
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $103,800 | $2,506 |
| 2023 | $68,600 | $- |
| 2022 | $68,100 | $- |
| 2021 | $68,100 | $- |
| 2020 | $74,700 | $- |
| 2019 | $68,800 | $- |
| 2018 | $72,300 | $- |
| 2017 | $74,300 | $- |
History based on county public records data.
Nearby schools
4
Gladwin Intermediate School
Public District 3-5
7.1 mi
•780 W 1st St
5
Beaverton Elementary School
Public Magnet KG-6
10.8 mi
•440 S Ross St
5
Standish-Sterling Central Elementary School
Public District 1-6
19.5 mi
•3789 Wyatt Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,790. The most common annual income of people living in Gladwin, MI is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
47%
<35k
49%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
6%
Single, with Kids
41%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
46%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Figure Skating
Monster Trucks
Where do the neighbors shop?
Dollar General
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Oldsmobile
Cadillac
What do the neighbors listen to?
Classic Country
Oldies- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1072 Rivers Terrace Rd
This home is located at 1072 Rivers Terrace Rd in Gladwin, MI and zip code 48624. This 1,890 square foot home, which was built in 1980, sits on a 0.86 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $199,000.
In March 2025, from all listings sold in Gladwin, MI there were more than 1 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. Between February and March 2025, Gladwin, MI real estate market has seen increase in the number of listings by 26.5%. While the average time on the market in March 2025 was 95 days, the median list price was $199,500.
From Rocket Homes Real Estate and based on county public records data.