NOT LISTED FOR SALE

118 Oak St Big Rapids, MI 49307

Estimated Value: $165,000 - $241,000

5 Beds
3 Baths
-- Sq Ft
0.26 Acres

Last Sold March 12, 2021

Last sale price $107,000

Est. 94% increase in value since last sale

Current estimated payment $1,481/month

98 Days on Market

About This Home

As of March 2021

This duplex located within a couple of blocks from campus is currently used as a 6 bedroom 2.5 bath fraternity house, but with the installation of one door becomes two 3 bedroom units. Lots of parking and a 3 car garage too, this one offers flexibility to the new owner of keeping it one unit or splitting it into 2. An excellent investment property!

Last Agent to Sell the Property

Jerry Garner

Century 21 Forward (BR) License #6502103560 Listed on: 11/09/2020

Century 21 Forward (BR)

Last Buyer's Agent

Kayla Kesting

Big Rapids Realty License #6501388148

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 127900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Cable Connected

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11326.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3590.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Mar 12, 2021
Sold by
Ewing Scott M and Ewing Cheryl A
Bought by
Kathy S Rental Properties Llc
Seller's Agent
Jerry Garner
Century 21 Forward (BR)
Buyer's Agent
Kayla Kesting
Big Rapids Realty
List Price
$132,900
Sold Price
$107,000
Premium/Discount to List
-$25,900
-19.49%
Current Estimated Value
$207,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,588
Avg. Annual Appreciation
15.61%
Original Mortgage
$74,900
Outstanding Balance
$67,479
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$140,109

Purchase Details

Closed on
Oct 8, 2013
Sold by
Ewing Scott M and Ewing Cheryl A
Bought by
Scott M & Cheryl A Ewing Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Kathy S Rental Properties Llc $107,000 Americas One Title Agency
Scott M & Cheryl A Ewing Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kathy S Rental Properties Llc $74,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $107,000 -19.5% --
11/09/2020 11/09/20 For Sale $132,900 -- --
Source: Southwestern Michigan Association 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 $4,515 $103,400 $0 $0
2024 -- $93,100 $0 $0
2023 -- $85,500 $0 $0
2022 $4,252 $73,200 $0 $0
2021 $4,252 $70,000 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerry Garner

    Seller's Agent in 2021

    Jerry Garner

    Century 21 Forward (BR)

    (231) 250-5736

    54 in this area

    193 Total Sales

    Jerry Garner
    Section Image
  • Kayla Kesting

    Buyer's Agent in 2021

    Kayla Kesting

    Big Rapids Realty

    (231) 527-5371

    39 in this area

    96 Total Sales

    Kayla Kesting
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20046893

Southwestern Michigan Association of REALTORS®

APN: 5417-014-155-010

Michigan Mecosta County Big Rapids 49307

118 Oak St, Big Rapids, MI

This home is located at 118 Oak St, Big Rapids, MI 49307 since 09 November 2020 and is currently estimated at $207,588. This property was built in 1920. 118 Oak St is a home located in Mecosta County with nearby schools including Big Rapids High School, Crossroads Charter Academy Elementary School, and Crossroads Charter Academy Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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