NOT LISTED FOR SALE

513 Clark St Big Rapids, MI 49307

Estimated Value: $174,000 - $209,000

4 Beds
1 Bath
-- Sq Ft
9,801 Sq Ft Lot

Last Sold January 29, 2018

Last sale price $112,000

Est. 73% increase in value since last sale

Current estimated payment $1,242/month

55 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Doors are 36 inches wide or more
  • Halls are 36 inches wide or more
  • Level Lot

About This Home

As of January 2018

Great investment opportunity!! Duplex with R-2 zoning close to college for student rental or owner/rental. 4 bedrooms in one unit and 2 bedrooms in the 2nd unit. Well maintained.

Last Agent to Sell the Property

Joseph Bechaz Jr

Big Rapids Realty License #6501348393 Listed on: 10/17/2017

Last Buyer's Agent

Nathan Bailey

Crossroads Realty of Michigan License #6506046785

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1920

Lot Details

  • 9,801 Sq Ft Lot
  • Lot Dimensions are 66x148.5
  • Level Lot

Home Design

  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • 2 Parking Spaces
  • Paved Parking

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 36 inches wide or more

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,265

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 66x148.5
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2265.0
  • Tax Info:Zoning3: R-2
  • 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
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Utilities Attached:Telephone Line: Yes
  • Accessibility Feat:_three_6_squote_ or Hallway: Yes
  • Substructure:Daylight: Yes
  • Accessibility Feat:_three_6 Inch Entrance Doo: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 36 Inch Entrance Doo, 36' or + Hallway
  • Fireplaces: 1
  • Basement: Daylight, Full

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 125000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: Yes
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Dimensions: 66x148.5
  • Lot Size Sq Ft: 9801.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 2265.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Synder Michael and Snyder Grant
Bought by
Newell Brent
Current Estimated Value
$194,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Outstanding Balance
$65,279
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$122,651

Purchase Details

Listed on
Oct 17, 2017
Closed on
Jan 29, 2018
Sold by
Williamson Diane M and Williamson Mary Ruth
Bought by
Snyder Michael and Snyder Grant
Seller's Agent
Joseph Bechaz Jr
Big Rapids Realty
Buyer's Agent
Nathan Bailey
Crossroads Realty of Michigan
List Price
$125,000
Sold Price
$112,000
Premium/Discount to List
-$13,000
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
Commercial
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
Newell Brent $91,800 Michigan Investment Title In
Snyder Michael -- Surveyors Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newell Brent $74,250
Previous Owner Snyder Michael $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2018 01/29/18 Sold $112,000 -10.4% --
12/11/2017 12/11/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $125,000 -- --
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 $2,810 $75,600 $0 $0
2024 -- $68,600 $0 $0
2023 -- $59,400 $0 $0
2022 $2,694 $51,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 17052070

MichRIC

APN: 5417-015-279-024