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$169,900

Beds
2
Baths
2.0
sq ft
1,250

327 S Gladwin St, Lake City, MI 49651

327 S Gladwin St

ReederTownship_Missaukee, MI 49651

  • 27 days on market
Nestled in the heart of downtown Lake City, this 2-bedroom, 2-bath home offers comfort and convenience. Just a short walk to beautiful Lake Missaukee, this property provides easy access to the beach, local shops and dining. This home is handicapped accessible, ensuring ease of movement throughout. One of the bathrooms features a huge walk-in/roll-in handicapped accessible custom shower. The expansive fenced-in backyard provides plenty of space for outdoor activities, pets or gardening. A storage shed adds extra space for tools and equipment. Whether relaxing on the porch, enjoying the privacy of the backyard, or taking a short stroll to the lake, this home is an ideal year-round residence or vacation retreat in one of northern Michigans most desirable lakefront communities.

Details

Property type

Single Family Residence

Est. home value

$221,245

Lot size

0.23 acres

Price per sq ft

$136

Year built

1979

Annual property taxes

$3,964.32

Price History

03/06/2025
Realcomp

Realcomp #78080054534

Listed
$169,900
+16.37%
08/30/2022
Realcomp

Realcomp #78001333503

Sold
$146,000
+89.08%
06/08/2018
Realcomp

Realcomp #78001179509

Sold
$77,216
+48.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

LakeCity

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$117,193
Asking price
$169,900
Closing costs (~8% of asking)
-$13,592
Est. remaining loan balance
-$39,115
Cash to seller
$117,193

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Northwestern Mortgage Co

Loan start date

July 2013

Original loan amount

$53,500

Est. remaining balance

$39,115

Interest rate

3.59%

Loan type

Not Provided, 30 year

Seller

Kyle A Smith and Linda Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 9:10 PM

Listing updated: 03/25/2025 at 9:24 AM

Listed by: Sue Whipple, City2Shore Real Estate Northern Michigan Phone #: (231) 839-0077

MLS: Realcomp #78080054534

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