NOT LISTED FOR SALE

218 Monroe Ave Big Rapids, MI 49307

Estimated Value: $154,000 - $197,000

3 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold February 12, 2016

Last sale price $28,500

Est. 498% increase in value since last sale

Current estimated payment $1,077/month

29 Days on Market

Highlights

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

About This Home

As of February 2016

1 one bedroom apartment and 1 two bedroom apartment, live in one and rent out the other or this one would make an excellent investment property. Close to downtown and schools yet located on the edge of town. This is a Homepath property, visit www.homepath.com for details. Subject to FirstLook, only owner occupant and municipal offers will be accepted the first 20 days on the market.

Last Agent to Sell the Property

Jerry Garner

Century 21 Forward (BR) License #6502103560 Listed on: 12/28/2015

Century 21 Forward (BR)

Last Buyer's Agent

Jerry Garner

Century 21 Forward (BR) License #6502103560 Listed on: 12/28/2015

Century 21 Forward (BR)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • The property's road front is unimproved

Home Design

  • Composition Roof
  • Wood Siding

Basement

  • Partial Basement

Parking

  • 5 Parking Spaces
  • Unpaved Driveway

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Multi-Family

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 75x150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1430.0
  • Tax Info:Zoning3: R-1
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Extras:Sep Gas Meter: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 31900.0
  • Number of Buildings: 1
  • Road Surface Type: Unimproved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11250.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1430.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2015
Closed on
Feb 1, 2016
Sold by
Fannie Mae
Bought by
Peak Properties Llc
Seller's Agent
Jerry Garner
Century 21 Forward (BR)
Buyer's Agent
Jerry Garner
Century 21 Forward (BR)
List Price
$31,900
Sold Price
$28,500
Premium/Discount to List
-$3,400
-10.66%
Current Estimated Value
$170,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,011
Avg. Annual Appreciation
20.37%

Purchase Details

Closed on
Jul 15, 2015
Sold by
Conklin Scott E and Conklin Laurie J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 2008
Sold by
Conklin Scott and Conklin Laurie
Bought by
S & L 218 Llc

Purchase Details

Closed on
Jun 6, 2005
Sold by
Hall Steven C and Hall Delores E
Bought by
Conklin Scott and Conklin Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,100
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2004
Sold by
Hall Steven C and Hall Delores E
Bought by
Conklin Scott and Conklin Laurie
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
Peak Properties Llc $28,500 Besta Homes Title
Federal National Mortgage Association $42,101 Attorney
S & L 218 Llc -- None Available
Conklin Scott $51,000 Lakeland Title
Conklin Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conklin Scott $43,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2016 02/12/16 Sold $28,500 -10.7% --
01/26/2016 01/26/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $31,900 -- --
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 $2,071 $62,300 $0 $0
2024 -- $56,400 $0 $0
2023 -- $50,700 $0 $0
2022 $1,986 $42,300 $0 $0
2021 $1,986 $39,200 $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 2016

    Jerry Garner

    Century 21 Forward (BR)

    (231) 250-5736

    54 in this area

    195 Total Sales

    Jerry Garner
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 15063978

Southwestern Michigan Association of REALTORS®

APN: 5417-010-471-003

Michigan Mecosta County Big Rapids 49307

218 Monroe Ave, Big Rapids, MI

This home is located at 218 Monroe Ave, Big Rapids, MI 49307 since 28 December 2015 and is currently estimated at $170,511. This property was built in 1920. 218 Monroe Ave 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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