20 days on rocket

505 N Michigan Ave, Big Rapids, MI, 49307

$189,900

Home List Price

$2,255*

Closing Credit

3 Bedrooms
1 Full Bath
1,641 SqFt
$116/SqFt
House

Location

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505 N Michigan Ave, Big Rapids$189,900

Buyer Closing Credits

$2,255*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1920
HeatingForced Air
BasementYes
MLS #24057350
Lot Size0.34 Acres
StatusActive

About 505 N Michigan Ave

Location! Location! Location! Situated on the outskirts of the charming downtown area of Big Rapids, this 1517 sqft home is walking distance to Riverwalk, restaurants and shops. Two separate units provide rental opportunities perfect for students, multi-family and investors. A large grassy side lot and fenced in backyard allow for tons of open area for play and pets. Unit 1 is a completely renovated ground floor 1 bed/1bath studio, while Unit 2 is a newly updated two story 2 bed/1 bath. Large shared laundry. Great income potential and ready to move in and generate income. All appliances included. Forced Air. This opportunity won't last long. Call for a showing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,641 SqFt

Listing Office:

  • Office Name: Midwest Properties ERA Powered BR
  • Office Email: jimlyals@gmail.com
  • Listing Agent: Gail Wyatt

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: N Michigan Ave to property 505

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,900
  • Price Per SqFt: $116/SqFt
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Housing Market Comparison

See how this home compares to others in Big Rapids, MI.

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Big Rapids, MI

City

Med. Sold Price

$210K

Med. Price/SqFt

$141

Avg. Days On Market

38

# of Sold Homes

12

505 N Michigan Ave vs Big Rapids

20 DAYS ON ROCKET

-18 Days

$189,900

-$20.1K Less

$116/SqFt

-$26 Less

KEY TAKEAWAY

This property is $20.1K less than the Median Sold Price and $26/SqFt less than other homes in Big Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24057350

Listing Office:

  • Office Name: Midwest Properties ERA Powered BR
  • Office Email: jimlyals@gmail.com
  • Listing Agent: Gail Wyatt

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $46,100
2020 - $44,600
2019 - $43,800
2018 - $45,600
2017 - $44,600

History based on county public records data.

Payment Calculator

$1,015

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-275146
3
/10

  • Crossroads Charter Academy K6

  • 215 N State St

  • 0.28 miles

  • Public Charter Grades KG-6

school-card-donut-275147
5
/10

  • Brookside Elementary School

  • 210 Escott St

  • 0.74 miles

  • Public District Grades PK-4

school-card-donut-275148
7
/10

  • Riverview Elementary School

  • 509 Willow Ave

  • 0.95 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,000. Typical income of Big Rapids, MI residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 N Michigan Ave

What is the listing price of this property?

The listing price of 505 N Michigan Ave property is $189,900.

What type of property is this?

The property 505 N Michigan Ave is a house located in Big Rapids, Michigan, 49307.

Is this property for sale now?

Active Listing: 505 N Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 N Michigan Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 505 N Michigan Ave is 1,641 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 N Michigan Ave is 1920.

Rocket Homes›Michigan›Mecosta County›Big Rapids›49307›505 N Michigan Ave

This home is located at 505 N Michigan Ave in Big Rapids, MI and zip code 49307. This 1,641 square foot home, which was built in 1920, sits on a 0.34 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $189,900.

While more than 8 listings in Big Rapids, MI in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $210,000.

From Rocket Homes Real Estate and based on county public records data.

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