NOT LISTED FOR SALE

405 S Stewart Ave Big Rapids, MI 49307

Estimated Value: $201,000 - $233,936

2 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold June 03, 2024

Last sale price $218,000

Est. 1% increase in value since last sale

Current estimated payment $1,418/month

157 Days on Market

Highlights

  • Window Unit Cooling System
  • Laundry Room
  • Forced Air Heating System

About This Home

As of June 2024

This owner occupied income property located within walking distance of FSU, Downtown and the Hospital has the best of both worlds! Enjoy the updated large one bedroom home with additional room perfect for a home office, nursery or guest room. 10 ft ceilings, updated flooring, and charm everywhere you look. Home features over $60,000 in updates too. Current owners rent out the upstairs 1 bedroom apartment for additional income ($950 mth). Could rent out as a two bedroom for additional income or convert to a 3/4 bedroom home, use for AirBnB, mother-in-law suite, the possibilities will get you thinking, especially with all the storage throughout the home. Come see for yourself!

Last Agent to Sell the Property

Kathryn VanCuren

Silvernail Realty License #6504431027 Listed on: 03/19/2024

Last Buyer's Agent

Chris Frankenfield

Felde Realty License #6501444359

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 1900

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 48 x 150

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Laundry

  • Laundry Room

Basement

  • Michigan Basement
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System

Community Details

  • 7 Units

Listing and Financial Details

  • Tenant pays for electric, water, trash, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,125

Year Built

Built in 1900

Lot Details

7,187 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 48 x 150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: R-3
  • General Property Info:Total _pound_ Units: 7
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Substructure:Michigan Basement: Yes
  • Laundry Features Laundry Room: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement, Partial
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 220000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 48 x 150
  • Lot Size Sq Ft: 7187.0
  • Zoning Description: R-3

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electric, Water, Trash, Gas

Multi Family

  • Number of Units Total: 7

Tax Info

  • Tax Annual Amount: 2125.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jun 3, 2024
Sold by
Collins James C and Outlaw Valerie June
Bought by
Beck Steven
Seller's Agent
Kathryn VanCuren
Silvernail Realty
Buyer's Agent
Chris Frankenfield
Felde Realty
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%
Views
53
Current Estimated Value
$220,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,984
Avg. Annual Appreciation
0.76%
Original Mortgage
$185,300
Outstanding Balance
$183,024
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$37,960
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beck Steven $218,000 Sun Title Agency Of Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Steven $185,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $218,000 -0.9% --
03/19/2024 03/19/24 Price Changed $220,000 0.0% --
03/19/2024 03/19/24 For Sale $220,000 -7.9% --
01/31/2024 01/31/24 Off Market $239,000 -- --
11/27/2023 11/27/23 For Sale $239,000 -- --
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 $3,077 $94,200 $0 $0
2024 -- $84,600 $0 $0
2023 -- $77,600 $0 $0
2022 $2,103 $60,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23143116

MichRIC

APN: 5417-014-176-002

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