NOT LISTED FOR SALE

314 Spruce St E Big Rapids, MI 49307

Estimated Value: $207,000 - $265,000

5 Beds
3 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $174,500

Est. 31% increase in value since last sale

Current estimated payment $1,496/month

23 Days on Market

Highlights

  • 1 Fireplace
  • Baseboard Heating
  • 1-minute walk to City Parks
  • Forced Air Heating System

About This Home

As of November 2021

Looking for an awesome investment opportunity? Look no further this triplex is in a great location close to FSU. Unit 1- 2 bedroom, 1 bathroom fully remodeled. Unit 2 upstairs- 4 bedroom, 1 bathroom. Unit 3- (down stairs) 2 bedroom, 1 bath. This is a great income producing property. Possible total rent for all units when fully occupied is $2,750

Last Agent to Sell the Property

Whitney Harrison

Epique Realty License #6501426400 Listed on: 09/11/2021

Last Buyer's Agent

Whitney Harrison

Coldwell Banker Schmidt Big Rapids License #6501426400

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Composition Roof

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Parking

  • 5 Parking Spaces
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Phone Available
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for electricity, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,247

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1930
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 66.33
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 3246.66
  • Tax Info:Zoning3: Multi family
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • 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
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Michigan Basement: Yes
  • Heat Type:Baseboard: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement

Exterior Features

  • List Price: 199000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition, Other
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: Multi family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Water
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3246.66
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2017
Sold by
Worthington Gene W and Worthington Marcia A
Bought by
Bender Perry and Bender Denise
Current Estimated Value
$228,455

Purchase Details

Closed on
Nov 18, 2011
Sold by
Worthington Gene W and Worthington Marcia A
Bought by
Worthington Gene W and Worthington Marcia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bender Perry $107,000 Best Homes Title
Worthington Gene W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $174,500 -12.3% --
10/04/2021 10/04/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $199,000 -- --
Source: MichRIC

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 $3,608 $91,400 $0 $0
2024 -- $82,000 $0 $0
2023 -- $75,200 $0 $0
2022 $3,415 $58,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Whitney Harrison

    Seller's Agent in 2021

    Whitney Harrison

    Epique Realty

    (231) 250-6020

    34 in this area

    151 Total Sales

    Whitney Harrison
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Map

Source: MichRIC

MLS Number: 21105394

MichRIC

APN: 5417-011-362-006

Michigan Mecosta County Big Rapids 49307

314 Spruce St E, Big Rapids, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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