$107,600
SOLD NOV 5, 2021

209 N 3rd Ave Big Rapids, MI 49307

-- Bed
-- Bath
1,229 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

10% Below List Price

35 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of November 2021

Two-story duplex close to the Muskegon River, downtown Big Rapids, and the campus of Ferris State University. 2 bedrooms and 1 bath on the main level and 1 bedroom, 1 bath on the upper level. Could very easily be converted to a 4 bedroom, 2 bath home. Parking for 4 with access from the alley. Includes the appliances and has recently passed the annual occupancy inspection by the City of Big Rapids. Live in one unit and rent the other or rent both and take advantage of the investment opportunity. Very good rental history.

Last Agent to Sell the Property

Michael Fagerman

Cadillac Realty by Fagerman License #6502369720 Listed on: 07/28/2021

Last Buyer's Agent

Michael Fagerman

Cadillac Realty by Fagerman License #6502369720 Listed on: 07/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x122
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,229 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes heating/cooling, electric, water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,251

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story, Duplex
  • Estimated Year Built: 1900
  • Construction: Frame
  • Section Number: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer
  • Price Per Sq Ft: 87.55
  • Range: R 10W
  • Total Finished Sf Apx: 1229

Exterior Features

  • Exterior Features: Covered Porch
  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Number Of Acres: 0.07
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Central Air
  • Fireplace And Stoves: Gas, Stove

Schools

  • School District: Big Rapids Public Schools

Lot Info

  • Lot Dimensions: 25x122
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Included In Lease: Heating/Cooling, Electric, Water, Sewer

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Big Rapids Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Nov 5, 2021
Sold by
Briggs Patrick H
Bought by
Crystal Investment Properties Llc
Seller's Agent
Michael Fagerman
Cadillac Realty by Fagerman
Buyer's Agent
Michael Fagerman
Cadillac Realty by Fagerman
List Price
$119,000
Sold Price
$107,600
Premium/Discount to List
-$11,400
-9.58%
Current Estimated Value
$145,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,481
Avg. Annual Appreciation
6.77%

Purchase Details

Listed on
Sep 30, 2013
Closed on
Feb 28, 2014
Sold by
Dickinson Robert J
Bought by
Briggs Patrick H
Seller's Agent
Kirk Ragay
NON Member WCAR
Buyer's Agent
Sonja Porter
RE/MAX TOGETHER
List Price
$67,900
Sold Price
$59,500
Premium/Discount to List
-$8,400
-12.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$47,600
Interest Rate
4.41%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $108,000 Sun Title Agency Of Mi Llc
Warranty Deed $59,500 Corporate Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $47,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $107,600 0.0% $88 / Sq Ft
11/05/2021 11/05/21 Sold $107,600 -9.6% $88 / Sq Ft
08/31/2021 08/31/21 For Sale $119,000 0.0% $97 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $119,000 +100.0% $97 / Sq Ft
02/28/2014 02/28/14 Sold $59,500 -12.4% --
02/14/2014 02/14/14 Pending -- -- --
09/30/2013 09/30/13 For Sale $67,900 -- --
Source: Northern Great Lakes REALTORS® MLS

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 $2,251 $51,700 $0 $0
2024 -- $49,100 $0 $0
2023 -- $43,500 $0 $0
2022 $2,104 $36,500 $0 $0
2021 $2,104 $32,100 $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: Northern Great Lakes REALTORS® MLS

MLS Number: 1890946

Northern Great Lakes REALTORS® MLS

APN: 5417-011-379-011