NOT LISTED FOR SALE

417 Finley Ave Big Rapids, MI 49307

Estimated Value: $110,000 - $180,000

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold December 19, 2016

Last sale price $44,000

Est. 250% increase in value since last sale

Current estimated payment $1,016/month

12 Days on Market

About This Home

As of December 2016

2 one bedroom apartments in this home located in a quiet neighborhood close to schools, shopping, and downtown. A great investment possibility!! This property is a Homepath property. Visit www.homepath.com for details.

Last Agent to Sell the Property

Jerry Garner

Century 21 Forward (BR) License #6502103560 Listed on: 10/14/2016

Century 21 Forward (BR)

Last Buyer's Agent

Jerry Garner

Century 21 Forward (BR) License #6502103560 Listed on: 10/14/2016

Century 21 Forward (BR)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Connected

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1915
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2057.0
  • Tax Info:Zoning3: 2 Family Res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement

Exterior Features

  • List Price: 47900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: 2 Family Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2057.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 19, 2016
Sold by
Fannie Mae
Bought by
Fountain Joshua
Seller's Agent
Jerry Garner
Century 21 Forward (BR)
Buyer's Agent
Jerry Garner
Century 21 Forward (BR)
List Price
$47,900
Sold Price
$44,000
Premium/Discount to List
-$3,900
-8.14%
Current Estimated Value
$154,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,119
Avg. Annual Appreciation
15.33%
Original Mortgage
$41,800
Outstanding Balance
$27,529
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$126,590

Purchase Details

Closed on
Mar 7, 2016
Sold by
Ditech Financial Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2016
Sold by
Cardwell Matthew W and Calder Cardwell Michelle Lynne
Bought by
Ditech Financial Llc and Green Tree Servicing Llc

Purchase Details

Closed on
Jul 15, 2005
Sold by
Johnson Hazel W
Bought by
Cardwell Matthew W and Calder Cardwell Michelle Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Fountain Joshua $44,000 A.S.K. Services Inc
Fannie Mae -- Attorney
Ditech Financial Llc $34,700 Attorney
Cardwell Matthew W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fountain Joshua $41,800
Previous Owner Cardwell Matthew W $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2016 12/19/16 Sold $44,000 -8.1% --
10/26/2016 10/26/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $47,900 -- --
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
2025 $2,389 $67,500 $0 $0
2024 -- $60,800 $0 $0
2023 -- $54,500 $0 $0
2022 $2,291 $45,200 $0 $0
2021 $2,291 $40,800 $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: 16052520

Southwestern Michigan Association of REALTORS®

APN: 5417-010-425-004