NOT LISTED FOR SALE

407 S Michigan Ave Big Rapids, MI 49307

Estimated Value: $176,323 - $222,000

-- Bed
-- Bath
-- Sq Ft
7,492 Sq Ft Lot

Last Sold December 05, 2019

Last sale price $127,000

Est. 54% increase in value since last sale

Current estimated payment $1,293/month

5 Days on Market

About This Home

As of December 2019

Eight bedroom, 2 bath rental within close proximity to FSU campus. Home has showed good rental history in the past. It is currently vacant due to repairs being made after last tenants vacated. Seller is replacing most flooring and a new shower in downstairs bath. Roof is approximately 5-6 years old.

Last Agent to Sell the Property

Judy Hoffman

Crossroads Realty of Michigan Listed on: 10/17/2019

Last Buyer's Agent

Chris Jane

Chris Jane Sells Houses License #650139101

Chris Jane Sells Houses

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1920

Lot Details

  • 7,492

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof

Utilities

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

Additional Features

  • Michigan Basement
  • 7,492 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for water, trash collection, sewer, gas

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,221

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement

Exterior Features

  • List Price: 139900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Cable Connected, Public Water, Public Sewer, Broadband
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7492.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 1

Tax Info

  • Tax Annual Amount: 2220.91
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 5, 2019
Sold by
The Julia Maureen Albright Trust
Bought by
Robidoux Jayson and Robidoux Meghan
Seller's Agent
Judy Hoffman
Crossroads Realty of Michigan
Buyer's Agent
Chris Jane
Chris Jane Sells Houses
List Price
$139,900
Sold Price
$127,000
Premium/Discount to List
-$12,900
-9.22%
Total Days on Market
5
Current Estimated Value
$196,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,081
Avg. Annual Appreciation
8.19%
Original Mortgage
$95,250
Outstanding Balance
$84,851
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$111,230
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 Buyer Sale Price Title Company
Robidoux Jayson $127,000 Sun Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robidoux Jayson $95,250
Previous Owner Albright Harry A $695,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold $127,000 -9.2% --
10/22/2019 10/22/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $139,900 -- --
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
2024 -- $78,400 $0 $0
2023 -- $72,000 $0 $0
2022 $3,506 $61,600 $0 $0
2021 $3,506 $58,800 $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: 19050991

Southwestern Michigan Association of REALTORS®

APN: 5417-14-153-003