B
Seller's Agent in 2015
Brian Thompson
Key Realty
324 Monroe Ave Big Rapids, MI 49307
Estimated Value: $137,000 - $164,000
Studio
--
Bath
--
Sq Ft
12,197
Sq Ft Lot
About This Home
As of March 2015*REDUCED* Investor must see! This property is TURN KEY, as all the hard work has already been completed. Fully occupied, recently remodeled, hardwood floors, lots of storage, two stall garage, hobby/garden shed, upgraded kitchen. Beautiful rolling corner lot, just inside the city limits. Close proximity to of all of area shopping and services, yet only minutes from the expressway! No need for both units? Rent out one and live in the other and let it pay for itself. Options are numerous. 2 Bedroom Unit Grosses $750 p/month, 3 Bedroom Grosses $1,150 p/month Call today for your personal showing, this property won't last long!
Last Agent to Sell the Property
Brian Thompson
Key Realty License #6501373816 Listed on: 08/11/2014
Property Details
Home Type
- Apartment
Year Built
- Built in 1920
Lot Details
- 11,979 Sq Ft Lot
Parking
- 4 Parking Spaces
Home Design
- Composition Roof
Utilities
- Forced Air Heating System
- Natural Gas Connected
- Internet Available
- Cable TV Available
Community Details
- 3 Buildings
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2014
Closed on
Mar 27, 2015
Sold by
Sapp Shelly M and Sapp Jeffrey R
Bought by
Hammer Rj and Booher Hammer Kimberly L
Seller's Agent
Brian Thompson
Key Realty
Buyer's Agent
Kathy Fleming
Reed City Realty Inc
List Price
$59,900
Sold Price
$55,000
Premium/Discount to List
-$4,900
-8.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,975
Avg. Annual Appreciation
9.80%
Original Mortgage
$44,000
Outstanding Balance
$33,860
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$120,115
Purchase Details
Listed on
Jul 27, 2012
Closed on
Nov 16, 2012
Sold by
Golupski Paul B and Estate Of Hugh T Morrow
Bought by
Sapp Jeffrey R and Sapp Shelly M
Seller's Agent
Deanna Flowers
Eagle Realty
Buyer's Agent
Russell Stevens
B & R Investment Partners LLC
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.67%
Purchase Details
Closed on
May 31, 2007
Sold by
Estate Of Doris Lee Morrow
Bought by
Ringler Virginia and Morrow Hugh T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hammer Rj | -- | Lakeland Title | |
| Sapp Jeffrey R | $25,000 | Lakeland Title | |
| Ringler Virginia | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hammer Rj | $44,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2015 03/27/15 | Sold | $55,000 | -8.2% | -- | |
| 02/24/2015 02/24/15 | Pending | -- | -- | -- | |
| 08/11/2014 08/11/14 | For Sale | $59,900 | +139.6% | -- | |
| 11/16/2012 11/16/12 | Sold | $25,000 | -44.4% | $17 / Sq Ft | View Prior Sale |
| 11/08/2012 11/08/12 | Pending | -- | -- | -- | |
| 07/27/2012 07/27/12 | For Sale | $45,000 | -- | $30 / Sq Ft |
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 | $1,951 | $69,500 | $0 | $0 |
| 2024 | -- | $62,800 | $0 | $0 |
| 2023 | -- | $56,400 | $0 | $0 |
| 2022 | $1,871 | $47,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kathy Fleming
K
Buyer's Agent in 2015
Kathy Fleming
Reed City Realty Inc
(231) 388-2454
4 in this area
74 Total Sales
-
D
Seller's Agent in 2012
Deanna Flowers
Eagle Realty
-
Russell Stevens
R
Buyer's Agent in 2012
Russell Stevens
B & R Investment Partners LLC
(231) 629-5389
1 Total Sale
Map
Source: MichRIC
MLS Number: 14046337
APN: 5417-010-461-001
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.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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