NOT LISTED FOR SALE

429 N State St Big Rapids, MI 49307

Estimated Value: $268,111

Studio
-- Bath
1,996 Sq Ft
$134/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $245,000 $123 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,662/month

69 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 3-minute walk to Holland Park
  • Cooling Available

About This Home

As of June 2022

Welcome to this unique opportunity of owing two investment properties in one! Two family home (red 1-1/2 story) and a restaurant business on the same property. Restaurant building is currently leased as a sandwich shop offering dining, take out, or delivery. (under lease until 2024 with buyout options available) Two family rental home offers upstairs unit with 1 BR/1 BA/Kitchen and downstairs offers 3 BR/1BA/Kitchen. Current lease expires 10/1/2022. Very good rental history and occupancy rate with both units. Many updates to both units including, roof, siding, windows, electrical, water heaters, rain gutters, front porch addition, furnace(restaurant), insulation, appliances (apt.) and more! 12x18 storage garage included. Tenant pays water/sewer, mowing, snowplowing, and garb

Last Agent to Sell the Property

Kurt Baird

Century 21 Affiliated (GR) License #6501291986 Listed on: 03/29/2022

Century 21 Affiliated (GR)

Last Buyer's Agent

Kati Ross

RE/MAX TOGETHER License #6502431285

RE/MAX TOGETHER

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 102 x 159
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Basement

  • Michigan Basement

Parking

  • 14 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Window Unit Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

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
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Block, Vinyl Siding
  • List Price: 254900.0
  • Lot Features: Corner Lot, Level, Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Concrete
  • Total Parking Spaces: 14.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Storm Sewer
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.3723
  • Lot Size Area: 0.37
  • Lot Dimensions: 102 x 159
  • Lot Size Sq Ft: 16218.0
  • Zoning Description: 201 Commercial

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 10124.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
Corsi Alexander B
Bought by
Northstate & Belleview Llc
Current Estimated Value
$268,111

Purchase Details

Listed on
Mar 29, 2022
Closed on
Jun 10, 2022
Sold by
Dannic Llc
Bought by
Corsi Alexander B
Seller's Agent
Kurt Baird
Century 21 Affiliated (GR)
Buyer's Agent
Kati Ross
RE/MAX TOGETHER
List Price
$254,900
Sold Price
$245,000
Premium/Discount to List
-$9,900
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Nov 9, 2004
Sold by
Danielle Inc
Bought by
Dannic Llc

Purchase Details

Closed on
May 10, 2004
Sold by
Bond Jeffrey A
Bought by
Danielle Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Northstate & Belleview Llc -- None Listed On Document
Northstate & Belleview Llc -- None Listed On Document
Northstate & Belleview Llc -- None Listed On Document
Northstate & Belleview Llc -- None Listed On Document
Corsi Alexander B -- Chicago Title Of Michigan Inc
Corsi Alexander B -- Chicago Title Of Michigan Inc
Dannic Llc -- --
Dannic Llc -- --
Danielle Inc $125,000 --
Bond Jeffrey A $101,000 --
Danielle Inc $125,000 --
Bond Jeffrey A $101,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $245,000 -3.9% $123 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $254,900 0.0% $128 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $254,900 -- $128 / Sq Ft
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 $8,072 $152,700 $0 $0
2024 -- $144,300 $0 $0
2023 -- $223,800 $0 $0
2022 $9,965 $188,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kurt Baird

    Seller's Agent in 2022

    Kurt Baird

    Century 21 Affiliated (GR)

    (616) 292-3094

    2 in this area

    69 Total Sales

    Kurt Baird
    Section Image
  • Kati Ross

    Buyer's Agent in 2022

    Kati Ross

    RE/MAX Michigan

    (616) 302-2573

    86 in this area

    215 Total Sales

    Kati Ross
    Section Image
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Map

Source: MichRIC

MLS Number: 22002071

MichRIC

APN: 5417-010-437-011

Michigan Mecosta County Big Rapids 49307

429 N State St, Big Rapids, MI

Not Listed for Sale

MultiFamily

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