NOT LISTED FOR SALE

332 Ives Ave Big Rapids, MI 49307

Estimated Value: $167,000 - $201,000

4 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft

Last Sold August 30, 2023

Last sale price $158,000

Est. 17% increase in value since last sale

Current estimated payment $1,314/month

19 Days on Market

Highlights

  • Corner Lot: Yes
  • 4 Car Garage
  • High Speed Internet
  • Forced Air Heating System

About This Home

As of August 2023

Multi unit investment property in the City of Big Rapids. Close to FSU, hospital and downtown shopping, restaurants and parks. This duplex sits on a corner lot and has updated roof, furnace and hot water heater. Detached garage with potential. Great opportunity to add to your rental portfolio, start a rental business or live in one side and generate income from the other. Schedule a showing before this one is gone!

Last Agent to Sell the Property

Laura Veersma

Big Rapids Realty License #6501312844 Listed on: 07/07/2023

Last Buyer's Agent

Laura Veersma

Big Rapids Realty License #6501312844 Listed on: 07/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Corner Lot: Yes
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash collection, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,536

Year Built

Built in 1920

Lot Details

10,019 Sq Ft Lot

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: 100x100
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R-P
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Lot Description:Corner Lot: Yes
  • Substructure:Michigan Basement: Yes
  • Substructure:Crawl Space: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 164900.0
  • Lot Features: Level, Corner Lot
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0
  • Extras:Garages: Yes

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 100x100
  • Lot Size Sq Ft: 10019.0
  • Zoning Description: R-P

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 3536.0
  • Tax Year: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 30, 2023
Sold by
Fcl Holdings Llc
Bought by
Bulldawg Rentals Llc
Seller's Agent
Laura Veersma
Big Rapids Realty
Buyer's Agent
Laura Veersma
Big Rapids Realty
List Price
$164,900
Sold Price
$158,000
Premium/Discount to List
-$6,900
-4.18%
Views
49
Current Estimated Value
$184,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,554
Avg. Annual Appreciation
6.52%
Original Mortgage
$126,400
Outstanding Balance
$123,254
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$61,300

Purchase Details

Listed on
Jul 18, 2019
Closed on
Dec 30, 2019
Sold by
Albright Gregory J and Albright Julie A
Bought by
Fcl Holdings Llc
Seller's Agent
Judy Hoffman
Crossroads Realty of Michigan
Buyer's Agent
Judy Hoffman
Century 21 Forward (BR)
List Price
$119,900
Sold Price
$87,000
Premium/Discount to List
-$32,900
-27.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%
Original Mortgage
$142,400
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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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
Bulldawg Rentals Llc $158,000 Verified Title Agency
Bulldawg Rentals Llc $158,000 Verified Title Agency
Fcl Holdings Llc $84,000 Surveyors Ttl Of Osceola Cnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bulldawg Rentals Llc $126,400
Closed Bulldawg Rentals Llc $126,400
Previous Owner Fcl Holdings Llc $142,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2023 08/30/23 Sold $158,000 -4.2% --
07/26/2023 07/26/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $164,900 +89.5% --
11/05/2019 11/05/19 Sold $87,000 -27.4% -- View Prior Sale
09/04/2019 09/04/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $119,900 -- --
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 $4,397 $86,900 $0 $0
2024 -- $78,600 $0 $0
2023 -- $72,300 $0 $0
2022 $3,407 $62,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23023808

MichRIC

APN: 5417-014-132-016

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