NOT LISTED FOR SALE

422 S Stewart Ave Big Rapids, MI 49307

Estimated Value: $149,000 - $222,000

-- Bed
3 Baths
-- Sq Ft
7,500 Sq Ft Lot

Last Sold December 09, 2014

Last sale price $63,000

Est. 181% increase in value since last sale

Current estimated payment $1,157/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Level Lot

About This Home

As of December 2014

Main Floor unit has 3 bedroom, 1 bath.
Upper floor unit has 4 bedrooms, 2 baths.

Last Agent to Sell the Property

Susan Glatz

Silvernail Realty License #6504155347 Listed on: 10/14/2014

Last Buyer's Agent

Susan Glatz

Silvernail Realty License #6504155347 Listed on: 10/14/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Slab Foundation
  • Composition Roof
  • Rubber Roof
  • Vinyl Siding

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $5,942
  • Manager Expense $1,600
  • Utility Expense $450
  • Operating Expense $9,326
  • Gross Income $14,040
  • Net Operating Income $4,714

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:Lot Dimensions: 50x150
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2008.0
  • Tax Info:Zoning3: R-3
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Substructure:Partial: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Broadband: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Substructure:Slab: Yes
  • Substructure:Crawl Space: Yes
  • Extras:Sep Gas Meter: Yes
  • Roofing:Rubber: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Basement, Crawl Space, Slab

Exterior Features

  • List Price: 62900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition, Rubber
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Utilities: Telephone Line, 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: 7500.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 14040.0
  • Maintenance Expense: 5942.0
  • Manager Expense: 1600.0
  • Net Operating Income: 4714.0
  • Number of Units Total: 2
  • Operating Expense: 9326.0

Tax Info

  • Tax Annual Amount: 2008.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2018
Sold by
Park Hill Properties Llc
Bought by
Peak Properties Llc
Current Estimated Value
$176,820

Purchase Details

Listed on
Oct 14, 2014
Closed on
Dec 10, 2014
Sold by
Speas Mark and Speas Jodie
Bought by
Park Hill Properties Llc
Seller's Agent
Susan Glatz
Silvernail Realty
Buyer's Agent
Susan Glatz
Silvernail Realty
List Price
$62,900
Sold Price
$63,000
Premium/Discount to List
$100
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%

Purchase Details

Listed on
Oct 14, 2014
Closed on
Dec 8, 2014
Sold by
Richardson Thomas C and Richardson Doug
Bought by
Speas Mark and Speas Jodie
Seller's Agent
Susan Glatz
Silvernail Realty
Buyer's Agent
Susan Glatz
Silvernail Realty
List Price
$62,900
Sold Price
$63,000
Premium/Discount to List
$100
0.16%

Purchase Details

Closed on
Jul 2, 2014
Sold by
Victoria Douglas J and Victoria Lisa R
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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
Peak Properties Llc $112,500 Lakeland Title Of Mecosta Co
Park Hill Properties Llc -- Lakeland Title
Speas Mark $63,000 Lakeland Title
Federal Home Loan Mortgage Corporation $50,150 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Peak Properties Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2014 12/09/14 Sold $63,000 +0.2% --
10/28/2014 10/28/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $62,900 -- --
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 $2,626 $68,500 $0 $0
2024 -- $61,700 $0 $0
2023 -- $56,800 $0 $0
2022 $2,518 $48,700 $0 $0
2021 $2,518 $46,500 $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

  • Susan Glatz

    Seller's Agent in 2014

    Susan Glatz

    Silvernail Realty

    (231) 598-1950

    76 in this area

    79 Total Sales

    Susan Glatz
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 14057840

Southwestern Michigan Association of REALTORS®

APN: 5417-014-154-014

Michigan Mecosta County Big Rapids 49307

422 S Stewart Ave, Big Rapids, MI

This home is located at 422 S Stewart Ave, Big Rapids, MI 49307 since 14 October 2014 and is currently estimated at $176,820. This property was built in 1910. 422 S Stewart Ave is a home located in Mecosta County with nearby schools including Big Rapids High School, Crossroads Charter Academy Elementary School, and Crossroads Charter Academy Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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