NOT LISTED FOR SALE

14431 175th Ave Big Rapids, MI 49307

Estimated Value: $189,129 - $255,000

Studio
-- Bath
-- Sq Ft
215,622 Sq Ft Lot

Last Sold May 17, 2016

Last sale price $108,000

Est. 104% increase in value since last sale

Current estimated payment $1,311/month

54 Days on Market

About This Home

As of May 2016

Looking for a great investment? Look no further!! Great opportunity to own 4 separate rental homes on 5 acres. There are two 2 bedroom, 1 bath homes. One 3 bedroom, 1 1/2 bath mobile. One 4 bedroom, 1 bath mobile. Perfect for your next investment. Great for student rentals. Great rental history and is currently rented. Huge return! Close to Big Rapids! Call today for your personal tour!

Last Agent to Sell the Property

Lori Brock

RiverTown Real Estate License #6502354410 Listed on: 03/17/2016

Last Buyer's Agent

Lori Brock

RiverTown Real Estate License #6502354410 Listed on: 03/17/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1970

Lot Details

  • 4.95 Acre Lot
  • Lot Dimensions are 300x720
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Basement

  • Crawl Space

Parking

  • 8 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Phone Connected
  • Cable TV Available

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,417

Year Built

Built in 1970

Lot Details

4.95 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1970
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 300x720
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1417.08
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 4.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Natural Gas: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Slab: Yes
  • Roofing:Metal: Yes
  • Substructure:Crawl Space: Yes
  • Driveway:Shared Unpaved: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Slab

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • List Price: 117900.0
  • Number of Buildings: 4
  • Road Surface Type: Paved
  • Roof: Composition, Metal
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0

Utilities

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

Lot Info

  • Lot Size Acres: 4.95
  • Lot Size Area: 4.95
  • Lot Size Sq Ft: 215622.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 1417.08
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 17, 2016
Sold by
Fisher Thomas W and Fisher Kathy Lou
Bought by
Chaffee Mike and Chaffee Mary
Seller's Agent
Lori Brock
RiverTown Real Estate
Buyer's Agent
Lori Brock
RiverTown Real Estate
List Price
$117,900
Sold Price
$108,000
Premium/Discount to List
-$9,900
-8.4%
Current Estimated Value
$220,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,782
Avg. Annual Appreciation
7.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Chaffee Mike -- Lakeland Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2016 05/17/16 Sold $108,000 -8.4% --
05/10/2016 05/10/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $117,900 -- --
Source: MichRIC

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 $2,103 $85,400 $0 $0
2024 -- $79,800 $0 $0
2023 -- $69,000 $0 $0
2022 $0 $61,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 15063551

MichRIC

APN: 5406-019-018-000

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