NOT LISTED FOR SALE

125 S 3rd Ave Big Rapids, MI 49307

Estimated Value: $142,000 - $192,000

-- Bed
-- Bath
-- Sq Ft
6,100 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $103,500

Est. 61% increase in value since last sale

Current estimated payment $1,128/month

9 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Wood Siding

About This Home

As of April 2021

Excellent Rental History, great investment opportunity. Two Apartments; Apt #1 Main floor 2 bedroom with washer & dryer, kitchen with stove & fridge, fenced back yard and full basement. Apt #2 Upper floor updated1 Bedroom apartment with high end kitchen cabinets, stove & fridge very spacious. BONUS is the garage previously rented out to an individual who ran an Automotive Garage (painting and mechanical workshop). The new owner may need to replace Living Room carpet, possibly remove old furnace from basement which was left there when new furnace and duct work were installed and while the roof on house is newer and in good condition the garage roof will need attention, PRICED ACCORDINGLY. Occupied and minimum of 24 hours notice to show.

Last Agent to Sell the Property

Roxanne McIntyre

Always McIntyre Realty, LLC License #6502401726 Listed on: 02/22/2021

Last Buyer's Agent

Roxanne McIntyre

Always McIntyre Realty, LLC License #6502401726 Listed on: 02/22/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,127

Year Built

  • Built in 1950

Lot Details

  • 6,100

Parking

  • 5 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 6,100 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,127

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • List Price: 99900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer, Cable Connected, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6100.0
  • Zoning Description: C - 3
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2127.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Jun 21, 2021
Sold by
Geyer Thomas J and Geyer Kimberly
Bought by
Crystal Investments Properties Llc
Seller's Agent
Roxanne McIntyre
Always McIntyre Realty, LLC
Buyer's Agent
Roxanne McIntyre
Always McIntyre Realty, LLC
List Price
$99,900
Sold Price
$103,500
Premium/Discount to List
$3,600
3.6%
Current Estimated Value
$166,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,201
Avg. Annual Appreciation
10.15%
Original Mortgage
$189,898
Outstanding Balance
$172,676
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$13,722

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 23, 2021
Sold by
Friedman Beth
Bought by
Geyer Thomas J and Geyer Kim
Seller's Agent
Roxanne McIntyre
Always McIntyre Realty, LLC
Buyer's Agent
Roxanne McIntyre
Always McIntyre Realty, LLC
List Price
$99,900
Sold Price
$103,500
Premium/Discount to List
$3,600
3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,898
Outstanding Balance
$172,676
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$13,722
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
Crystal Investments Properties Llc -- None Available
Geyer Thomas J $103,500 Verified Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crystal Investments Properties Llc $189,898
Previous Owner Geyer Thomas J $77,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $103,500 +3.6% --
03/03/2021 03/03/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $99,900 -- --
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 $2,936 $67,600 $0 $0
2024 -- $64,200 $0 $0
2023 -- $56,800 $0 $0
2022 $2,744 $47,600 $0 $0
2021 $2,744 $42,000 $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

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 21005264

Southwestern Michigan Association of REALTORS®

APN: 5417-011-458-004