$26,000
SOLD JAN 30, 2013

324 S State St Big Rapids, MI 49307

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Recently Sold

48% Below List Price

153 Days on Market

Highlights

  • Forced Air Heating System
  • Heating System Uses Steam
  • Wood Siding

About This Home

As of June 2015

8-UNIT APT BLDG WALKING DISTANCE TO DOWNTOWN AND FERRIS. TWO (3) BEDROOM APTS, ONE (2) BEDROOM APT. AND FIVE (1) BEDROOM APTS. SUBJECT TO BANK APPROVAL OF SHORT SALE, AS FINAL PAID IN FULL.

Last Agent to Sell the Property

Clara McCray

Concept 1 Realty Co. Listed on: 08/15/2012

Last Buyer's Agent

Clara McCray

Concept 1 Realty Co. Listed on: 08/15/2012

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Parking

  • 10 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Forced Air Heating System
  • Space Heater
  • Wall Furnace
  • Heating System Uses Steam
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Michigan Basement
  • 0.34 Acre Lot

Community Details

  • 3 Buildings
  • 3 Units

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 50000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 3
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14985.0
  • Zoning Description: R/C

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 3548.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jul 17, 2015
Sold by
Mcafee Timothy W
Bought by
Vanderploeg Scott
Seller's Agent
Clara McCray
Concept 1 Realty Co.
Buyer's Agent
Clara McCray
Concept 1 Realty Co.
List Price
$59,000
Sold Price
$41,750
Premium/Discount to List
-$17,250
-29.24%
Current Estimated Value
$134,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,312
Original Mortgage
$87,575
Interest Rate
4.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 15, 2012
Closed on
Jan 30, 2013
Sold by
Mccray Clara P
Bought by
Mcafee Timothy W
Seller's Agent
Clara McCray
Concept 1 Realty Co.
Buyer's Agent
Clara McCray
Concept 1 Realty Co.
List Price
$50,000
Sold Price
$26,000
Premium/Discount to List
-$24,000
-48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.02%
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 $41,750 Cfc Title
Warranty Deed $10,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Future Advance Clause Open End Mortgage
Closed $87,575 Credit Line Revolving
Closed $37,575 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $41,750 -29.2% --
05/08/2015 05/08/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $59,000 +126.9% --
01/30/2013 01/30/13 Sold $26,000 -48.0% --
01/15/2013 01/15/13 Pending -- -- --
08/15/2012 08/15/12 For Sale $50,000 -- --
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 $4,717 $168,100 $0 $0
2024 -- $137,000 $0 $0
2023 -- $135,900 $0 $0
2022 $4,523 $120,300 $0 $0
2021 $4,523 $111,700 $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: Southwestern Michigan Association of REALTORS®

MLS Number: 12045274

Southwestern Michigan Association of REALTORS®

APN: 5417-015-232-022