NOT LISTED FOR SALE

431 S Warren Ave Big Rapids, MI 49307

Estimated Value: $222,947 - $249,000

-- Bed
3 Baths
-- Sq Ft
8,233 Sq Ft Lot

Last Sold December 23, 2019

Last sale price $151,000

Est. 59% increase in value since last sale

Current estimated payment $1,592/month

5 Days on Market

About This Home

As of December 2019

Income property next to campus. Property shows great rental history. Both properties are rented through 8/15/20. Unit 1-4 bedroom rents for $1,500 a month. Unit 2 -2 bedroom rents for $750.00 a month. Tenants are responsible for all utilities. Plenty of off street parking. New roof October 2019.

Last Agent to Sell the Property

Susan Glatz

Silvernail Realty License #6504155347 Listed on: 10/25/2019

Last Buyer's Agent

Kathryn VanCuren

Silvernail Realty License #6504431027

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,988

Year Built

  • Built in 1900

Lot Details

  • 8,233 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,988

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 135000.0
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8233.0
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2988.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2020
Sold by
Bentley Matthew T and Bentley Christine
Bought by
Mc431 Llc
Current Estimated Value
$240,505

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 23, 2019
Sold by
Crosby Marilynn J and Crosby John E
Bought by
Bentley Matthew T and Bentley Christine
Seller's Agent
Susan Glatz
Silvernail Realty
Buyer's Agent
Kathryn VanCuren
Silvernail Realty
List Price
$135,000
Sold Price
$151,000
Premium/Discount to List
$16,000
11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$113,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2006
Sold by
Louzecky Thomas R
Bought by
Crosby John E and Crosby Marilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac
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
Mc431 Llc -- None Available
Bentley Matthew T $151,000 Sun Title Agency
Crosby John E $75,000 Lakeland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bentley Matthew T $113,250
Previous Owner Crosby John E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $151,000 +11.9% --
10/30/2019 10/30/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $135,000 -- --
Source: MichRIC

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 $3,934 $104,700 $0 $0
2024 -- $94,000 $0 $0
2023 -- $86,200 $0 $0
2022 $3,772 $73,600 $0 $0
2021 $3,772 $70,200 $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 2019

    Susan Glatz

    Silvernail Realty

    (231) 598-1950

    77 in this area

    78 Total Sales

    Susan Glatz
    Section Image
  • Kathryn VanCuren

    Buyer's Agent in 2019

    Kathryn VanCuren

    Silvernail Realty

    (616) 862-1039

    34 in this area

    64 Total Sales

    Kathryn VanCuren
    Section Image
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Map

Source: MichRIC

MLS Number: 19052179

MichRIC

APN: 5417-014-154-008

Michigan Mecosta County Big Rapids 49307

431 S Warren Ave, Big Rapids, MI

Not Listed for Sale

MultiFamily

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