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Big Rapids 49307
1113 Platt Avenue
$150,000
● House - Off Market

1113 Platt Avenue

Big Rapids, MI 49307
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,104 Ft²
$152,512
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Come out today to tour this beautiful well kept ranch built in 2001. This 3 bedroom 1 bath home sits on a very quiet cul-de-sac street with minimal traffic. It is still within the city limits so you'll get to enjoy the convenience of city water and city sewer, yet when in the backyard there is nothing behind you but forest and complete privacy - awesome! The backyard is completely fenced in for any animal needs you may have now or in the future. Includes most kitchen appliances ... even the washer & dryer! This would make an excellent starter home or also an ideal rental being close to the university. Seller has asked agent to show home through Sunday 3/26, presenting any/all offers on 3/26 @ 4pm. Come tour this cute home while it lasts!!!
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$136
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23008215)

Price History

Date / Event Date Event Price
Apr 26, 2023 Sold
Premium
Sold
Mar 21, 2023 Listed by Five Star Real Estate (Main) $149,900
Listed by Five Star Real Estate (Main)
Apr 5, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,195
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HABITAT PLAT
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 001113 PLATT AVENUE: HABITAT PLAT -- LOT 3

Neighborhood

  • School District Name: Big Rapids Public Schools
  • School Tax School District: BIG RAPIDS PUBL
  • Census Tract: 960500

Geography

  • Parcel: 17-02-380-003
  • Lot: 3
  • Municipality: CITY OF BIG RAPIDS
  • Latitude: 43.7161
  • Longitude: -85.4775

    Address

  • Full Address: 1113 Platt Ave
  • Address - House Number: 1113
  • Address - Street Name: Platt
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Big Rapids
  • Carrier Code: R006
  • 4-Digit Zip Code: 9098
  • Zip Code: 49307

Valuation

    Tax

  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 67
  • Final Value: 154,242
  • High Value: 190,709
  • Low Value: 117,775

    Market Valuation

  • Market Total Value: $115,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,800

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2731
  • Previous Sale Recording Date: Apr 05, 2007
  • Previous Sale Contract Date: Apr 04, 2007
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Big Rapids

Stats & Trends

Median Asking:

$189,900

Sale Price/ft²

$121

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1697 ft²

Average Home Age

84.1 years

Currently For Sale

28 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: James S Shull, Five Star Real Estate (Main)
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23008215
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1113 Platt Avenue built and last sold?
The property at 1113 Platt Avenue was built in 2001 and last sold on Apr 21, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 1113 Platt Avenue is $0.
What are some comparable homes to 1113 Platt Avenue?
There are currently no comparable homes to 1113 Platt Avenue.
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