NOT LISTED FOR SALE

743 N 4th Ave Big Rapids, MI 49307

Estimated Value: $227,000 - $245,190

7 Beds
3 Baths
-- Sq Ft
0.28 Acres

Last Sold July 28, 2023

Last sale price $178,000

Est. 35% increase in value since last sale

Current estimated payment $1,852/month

128 Days on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • 4-minute walk to Swede Hill Park

About This Home

As of July 2023

Investment opportunity awaits in this multi-functional Big Rapids home, with R-2 zoning and potential for a duplex. The shingled roof covers a spacious 7+ bedroom house that boasts two kitchens, 2 bathrooms, main floor laundry, wood fireplace and a screened-in porch. City water/sewer ensures convenience while its location on a paved road provides easy access to all that Big Rapids has to offer. With rental income potential and all the comforts of home, this is an ideal investment option for those looking to make their money work for them.

Last Agent to Sell the Property

Lori Brock

RiverTown Real Estate License #6502354410 Listed on: 02/22/2023

Last Buyer's Agent

Tyler Jackson

Five Star Real Estate (Main) License #6501343220

Five Star Real Estate (Main)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x122

Parking

  • 8 Parking Spaces

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Michigan Basement

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

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
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 100x122
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 4653.1
  • Tax Info:Zoning3: R-2
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Util Avail at Street:Cable2: Yes
  • Substructure:Michigan Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • List Price: 184900.0
  • Number of Buildings: 1
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info:Total Parking Spaces: 8.0
  • Unit 1:Garage4: Yes
  • Unit 2:Garage5: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Dimensions: 100x122
  • Lot Size Sq Ft: 12197.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4653.1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Jul 28, 2023
Sold by
Jaww Holdings Llc
Bought by
Edgcombe Marc
Seller's Agent
Lori Brock
RiverTown Real Estate
Buyer's Agent
Tyler Jackson
Five Star Real Estate (Main)
List Price
$199,900
Sold Price
$178,000
Premium/Discount to List
-$21,900
-10.96%
Views
296
Current Estimated Value
$239,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,798
Avg. Annual Appreciation
14.01%
Original Mortgage
$138,000
Outstanding Balance
$134,785
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$109,339

Purchase Details

Closed on
Mar 2, 2020
Sold by
Baird Jason and Baird Kathryn
Bought by
Jaww Holdings Llc

Purchase Details

Closed on
Jun 1, 2019
Sold by
Zurawski Chet R
Bought by
Baird Jason and Baird Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2014
Closed on
Jun 13, 2015
Sold by
Mellema Philip M and Mellema Roger A
Bought by
Zurawski Chet R
Seller's Agent
Randy Ostrander
Lake and Lodge Realty LLC
Buyer's Agent
Joseph McNally
Crossroads Realty of Michigan
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Apr 2, 2008
Sold by
Reed Theodore R
Bought by
Deutsche Bank Trust Co Americas and Morgan Stanley Abs I Capital Inc Msac 20

Purchase Details

Closed on
Jul 20, 2006
Sold by
Schumaker Norma J
Bought by
Reed Theodore R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
11.1%
Mortgage Type
Purchase Money Mortgage
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
Edgcombe Marc $184,000 Sun Title
Jaww Holdings Llc -- Bell Ttl Agcy Of Chesterfiel
Baird Jason $121,000 Bell Title Company
Zurawski Chet R $100,000 Lakeland Title
Deutsche Bank Trust Co Americas $131,750 None Available
Reed Theodore R $210,000 Lakeland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edgcombe Marc $138,000
Previous Owner Baird Jason $90,750
Previous Owner Reed Theodore R $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $178,000 -3.7% --
06/30/2023 06/30/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $184,900 -7.5% --
02/22/2023 02/22/23 For Sale $199,900 +99.9% --
06/13/2015 06/13/15 Sold $100,000 -16.6% -- View Prior Sale
02/14/2015 02/14/15 Pending -- -- --
09/25/2014 09/25/14 For Sale $119,900 -- --
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 $7,099 $134,100 $0 $0
2024 -- $126,900 $0 $0
2023 -- $111,700 $0 $0
2022 $4,863 $88,400 $0 $0
2021 $4,863 $79,600 $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

  • Lori Brock

    Seller's Agent in 2023

    Lori Brock

    RiverTown Real Estate

    (231) 250-8882

    21 in this area

    167 Total Sales

    Lori Brock
    Section Image

  • T

    Buyer's Agent in 2023

    Tyler Jackson

    Five Star Real Estate (Main)

    (616) 540-4606

    1 in this area

    110 Total Sales

    Tyler Jackson
    Section Image
  • Randy Ostrander

    Seller's Agent in 2015

    Randy Ostrander

    Lake and Lodge Realty LLC

    (231) 250-9802

    17 in this area

    76 Total Sales

    Randy Ostrander
    Section Image

  • J

    Buyer's Agent in 2015

    Joseph McNally

    Crossroads Realty of Michigan

See All Agents

Map

Source: MichRIC

MLS Number: 23005309

MichRIC

APN: 5417-011-180-002

Michigan Mecosta County Big Rapids 49307

743 N 4th Ave, Big Rapids, MI

Not Listed for Sale

MultiFamily

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MichRIC Information is deemed reliable but not guaranteed.
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