NOT LISTED FOR SALE

415 S Warren Ave Big Rapids, MI 49307

Estimated Value: $195,825 - $255,000

Studio
-- Bath
-- Sq Ft
0.26 Acres

Last Sold July 11, 2014

Last sale price $42,000

Est. 420% increase in value since last sale

Current estimated payment $1,344/month

3 Days on Market

About This Home

As of July 2014

Zoned R-3, and rental permit is current with City. This 4 unit building generates a LOT of rental income. The price is remarkably low, takes into consideration that property needs work. Two 1 BR units, two 2 BR units. We are offering this property at WAY under Assessed Value. Opportunity knocks!

Last Agent to Sell the Property

Mark Wentland

Big Rapids Realty License #6502102934 Listed on: 06/23/2014

Last Buyer's Agent

Jerry Garner

Century 21 Forward (BR) License #6502103560

Century 21 Forward (BR)

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot

Parking

  • 6 Parking Spaces

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water, sewer, gas

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 42900.0
  • Number of Buildings: 1

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Telephone Line, Public Water

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11326.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2124.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2014
Closed on
Jul 11, 2014
Sold by
Smith Terry and Smith Peggy A
Bought by
Dimambro Daniel and Dimambro Mario
Seller's Agent
Mark Wentland
Big Rapids Realty
Buyer's Agent
Jerry Garner
Century 21 Forward (BR)
List Price
$42,900
Sold Price
$42,000
Premium/Discount to List
-$900
-2.1%
Current Estimated Value
$218,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,456
Avg. Annual Appreciation
15.25%
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
Dimambro Daniel -- Corporate Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $42,000 -2.1% --
06/26/2014 06/26/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $42,900 -- --
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 $2,514 $95,400 $0 $0
2024 -- $85,800 $0 $0
2023 -- $78,700 $0 $0
2022 $2,411 $67,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 14029790

MichRIC

APN: 5417-014-154-005

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