NOT LISTED FOR SALE

1109 5th St Bay City, MI 48708

Estimated Value: $160,000 - $182,000

5 Beds
3 Baths
4,039 Sq Ft
$42/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $90,000 $22 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,180/month

10 Days on Market

Highlights

  • Balcony
  • Porch
  • Patio
  • 4 Car Garage

About This Home

As of November 2019

A beautiful and well keep 3 unit Multi-Family home in a Historic part of Bay City. Nearby the ever growing Downtown Bay City, this 3 Unit is a great investment opportunity!! New roof installed in 2018!! All newer windows except for 3 in 2007!! Each unit has a private balcony and/or porch for each tenant to enjoy and a parking spot in a detached 3 car garage, with an additional 1 car attached garage!!! Each tenant pays their own electrical, hot water, and cooking gas. Owner currently pays for sewer, heat, and water.

Last Agent to Sell the Property

Louis Castillo

Ayre/Rhinehart Bay REALTORS License #BCRA-6501413413 Listed on: 11/10/2019

Last Buyer's Agent

Louis Castillo

Ayre/Rhinehart Bay REALTORS License #BCRA-6501413413 Listed on: 11/10/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 90x 90

Parking

  • 4 Car Garage

Interior Spaces

  • 2-Story Property
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Boiler Heating System
  • Separate Meters

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 160-021-436-010-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,160

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2249
  • Total Tax Year: 2019
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 4039

Exterior Features

  • Exterior Features: Patio, Porch, Exterior Balcony
  • Frontage: 90
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Attached Garage, Detached Garage
  • Garage Spaces: 4

Utilities

  • Water: Public Water
  • Heating System: Boiler
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 160-021-436-010-00
  • Lot Dimensions: 90x 90
  • Acreage: 0.19
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,690.17
  • Winter Tax: Year: 2018, Amount: $558.13
  • Total Tax: Year: 2019, Amount: $2,249.00
  • SEV Year: 2019

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Bay City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2019
Closed on
Jan 14, 2020
Sold by
Dollinger Llc
Bought by
5Th1109 Llc
Seller's Agent
Louis Castillo
Ayre/Rhinehart Bay REALTORS
Buyer's Agent
Louis Castillo
Ayre/Rhinehart Bay REALTORS
List Price
$92,000
Sold Price
$90,000
Premium/Discount to List
-$2,000
-2.17%
Current Estimated Value
$168,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,621
Avg. Annual Appreciation
10.79%
Original Mortgage
$5,829
Outstanding Balance
$5,206
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$157,648

Purchase Details

Listed on
Nov 10, 2019
Closed on
Nov 22, 2019
Sold by
Wible Sandra G
Bought by
Dollinger Llc
Seller's Agent
Louis Castillo
Ayre/Rhinehart Bay REALTORS
Buyer's Agent
Louis Castillo
Ayre/Rhinehart Bay REALTORS
List Price
$92,000
Sold Price
$90,000
Premium/Discount to List
-$2,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,829
Outstanding Balance
$5,206
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$157,648

Purchase Details

Closed on
Mar 29, 2007
Sold by
Fannie Mae
Bought by
Wible Sandra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 20, 2006
Sold by
Breza Richard
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Dec 15, 2004
Sold by
Chargot Clayton M and Chargot Lucy
Bought by
Breza Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Chargot Clayton M
Bought by
Chargot Clayton M and Chargot Lucy

Purchase Details

Closed on
Oct 4, 1999
Sold by
Armstrong James G and Armstrong Judy A
Bought by
Chargot Clayton M
Source: Public Records

Range of Values:

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Average Value
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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
5Th1109 Llc -- None Available
Dollinger Llc $90,000 None Available
Wible Sandra G $139,000 Title First Agency Box
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $192,085 None Available
Breza Richard $185,400 Fatic
Chargot Clayton M -- --
Chargot Clayton M $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5Th1109 Llc $5,829
Previous Owner Wible Sandra G $90,400
Previous Owner Wible Sandra G $111,200
Previous Owner Breza Richard $185,400
Previous Owner Chargot Clayton M $20,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $90,000 -2.2% $22 / Sq Ft
11/10/2019 11/10/19 For Sale $92,000 -- $23 / Sq Ft
Source: Bay County Realtor® Association MLS

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 $3,160 $73,100 $0 $0
2024 $2,756 $60,500 $0 $0
2023 $2,830 $57,200 $0 $0
2022 $2,850 $51,650 $0 $0
2021 $2,770 $47,950 $47,950 $0
2020 $3,604 $42,250 $42,250 $0
2019 $2,173 $39,750 $0 $0
2018 $2,589 $38,550 $0 $0
2017 $2,324 $38,150 $0 $0
2016 $2,561 $43,900 $0 $43,900
2015 $2,755 $48,150 $0 $48,150
2014 $2,755 $47,700 $0 $47,700
Source: Public Records

Agents Affiliated with this Home

  • Louis Castillo

    Seller's Agent in 2019

    Louis Castillo

    Ayre/Rhinehart Bay REALTORS

    (989) 892-4800

    34 in this area

    98 Total Sales

    Louis Castillo
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Map

Source: Bay County Realtor® Association MLS

MLS Number: 31400266

Bay County Realtor® Association MLS

APN: 09-160-021-436-010-00

Michigan Bay County Bay City 48708

1109 5th St, Bay City, MI

This home is located at 1109 5th St, Bay City, MI 48708 since 10 November 2019 and is currently estimated at $168,621, approximately $41 per square foot. This property was built in 1900. 1109 5th St is a home located in Bay County with nearby schools including Washington Elementary School, Handy Middle School, and Bay City Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay County Realtor® Association MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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