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.
Sold
$160,000
505 N Michigan Ave, Big Rapids, MI 49307
3beds
1,641sqft
Single Family Residence
Built in 1920
0.34 Acres Lot
$178,800 Zestimate®
$98/sqft
$1,420 Estimated rent
Home value
$178,800
$147,000 - $218,000
$1,420/mo
Zestimate® history
Owner options
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$1,053/mo
Est. payment
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$1,053/mo
Est. payment
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List your homeWhat's special
Fenced in backyardLarge grassy side lotLarge shared laundry
Zillow last checked:
Listing updated:
Listed by:
Gail Wyatt 231-349-9980,
ERA Reardon Realty Great Lakes
Bought with:
Amber Ahlin
The Difference Real Estate
Source: MichRIC,MLS#: 24057350
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Heating
- Forced Air
Appliances
- Laundry: Common Area, Laundry Room, Main Level
Features
- Basement: Michigan Basement
- Has fireplace: No
Interior area
- Total structure area: 1,641
- Total interior livable area: 1,641 sqft
- Finished area below ground: 0
Property
Features
- Stories: 2
Lot
- Size: 0.34 Acres
- Dimensions: 120 x 125
- Features: Corner Lot
Details
- Parcel number: 541711305005
- Zoning description: R2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Big Rapids
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $45,440
- Annual tax amount: $2,539
- Date on market: 11/1/2024
- Listing terms: Cash,FHA,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2025 | Sold | $160,000-15.7%$98/sqft |
Source:  MichRIC #24057350 Report a problem | ||
| 12/27/2024 | Pending sale | $189,900$116/sqft |
Source: MichRIC #24057350 Report a problem | ||
| 10/17/2024 | Listed for sale | $189,900+160.1%$116/sqft |
Source: MichRIC #24054857 Report a problem | ||
| 1/9/2004 | Sold | $73,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,084 +1780.8% | $80,100 +33.5% |
| 2024 | $270 -89% | $60,000 +8.5% |
| 2023 | $2,462 +5.6% | $55,300 +15% |
| 2022 | $2,333 | $48,100 +4.3% |
| 2021 | -- | $46,100 +3.4% |
| 2020 | -- | $44,600 +1.8% |
| 2019 | -- | $43,800 -3.9% |
| 2018 | -- | $45,600 +2.2% |
| 2017 | -- | $44,600 +10.7% |
| 2016 | -- | $40,300 +6.3% |
| 2014 | -- | $37,900 -4.1% |
| 2013 | -- | $39,500 -6.6% |
| 2012 | -- | $42,300 -0.7% |
| 2011 | -- | $42,600 -4.5% |
| 2010 | -- | $44,600 -13.7% |
| 2009 | -- | $51,700 -4.3% |
| 2008 | -- | $54,000 +4.7% |
| 2007 | -- | $51,600 |
| 2006 | -- | $51,600 +9.8% |
| 2005 | -- | $47,000 +5.9% |
| 2004 | -- | $44,400 +4.7% |
| 2003 | -- | $42,400 |
Find assessor info on the county website
Neighborhood: 49307
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Nearby schools
GreatSchools rating
- 5/10Big Rapids Middle SchoolGrades: 5-8Distance: 0.1 mi
- 6/10Big Rapids High SchoolGrades: 9-12Distance: 2 mi
- 8/10Brookside Elementary SchoolGrades: PK-4Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Big Rapids Middle School
- Middle: Big Rapids Middle School
- High: Big Rapids High School
Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$178,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$178,800
- Michigan
- Mecosta County
- Big Rapids
- 49307
- 505 N Michigan Ave
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