NOT LISTED FOR SALE

1218 Fraser St Bay City, MI 48708

Estimated Value: $88,000 - $130,176

3 Beds
3 Baths
2,032 Sq Ft
$51/Sq Ft Est. Value

Last Sold October 26, 2015

Last sale price $22,500 $11 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $749/month

396 Days on Market

About This Home

As of October 2015

City Certified Money maker. Excellent for owner occupied. 2 Units vacant. All appliances included. Seperate gas meters. 3rd unit is easily converted to Massive bedroom for Unit #1. The Price is Right for your investor or the owner who want to live for darn near free.

Last Agent to Sell the Property

Wade Eckenrod

RE/MAX Results License #BCRA-6506034867 Listed on: 09/22/2014

RE/MAX Results

Last Buyer's Agent

Wade Eckenrod

RE/MAX Results License #BCRA-6506034867 Listed on: 09/22/2014

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $160

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • Detached Garage

Interior Spaces

  • 1.5-Story Property
  • Oven or Range

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Space Heater

Community Details

  • 5 Units
  • Net Operating Income $15,000

Listing and Financial Details

  • Assessor Parcel Number 160-033-130-008-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$160

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, Full

Exterior Features

  • Construction: Aluminum
  • Frontage: 50
  • Frontage Type: Road

Garage/Parking

  • Garage Type: Detached Garage

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air, Space Heater
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 160-033-130-008-00
  • Lot Dimensions: 50 X 100
  • Acreage: 0.11
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Total Expenses: 6197.76

Tax Info

  • Summer Tax: Year: 2014, Amount: $1,738.49
  • Winter Tax: Year: 2013, Amount: $159.27

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Bay City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 26, 2015
Sold by
The Ralph Leonard Johnson Living Trust
Bought by
Kkl Trust
Seller's Agent
Wade Eckenrod
RE/MAX Results
Buyer's Agent
Wade Eckenrod
RE/MAX Results
List Price
$39,900
Sold Price
$22,500
Premium/Discount to List
-$17,400
-43.61%
Current Estimated Value
$102,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,294
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Johnson Ralph L
Bought by
Ralph L Johnson Inter Vivos Trust and Johnson Ralph L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kkl Trust $22,500 Attorney
Ralph L Johnson Inter Vivos Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2015 10/26/15 Sold $22,500 -43.6% $11 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
09/22/2014 09/22/14 For Sale $39,900 -- $20 / 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 $2,529 $46,300 $0 $0
2024 $1,807 $38,600 $0 $0
2023 $1,721 $36,200 $0 $0
2022 $2,098 $32,200 $0 $0
2021 $1,743 $29,850 $29,850 $0
2020 $1,911 $26,000 $26,000 $0
2019 $1,621 $24,700 $0 $0
2018 $1,858 $23,750 $0 $0
2017 $1,685 $23,500 $0 $0
2016 $1,716 $25,450 $0 $25,450
2015 $1,883 $29,250 $0 $29,250
2014 $1,883 $40,600 $0 $40,600
Source: Public Records

Agents Affiliated with this Home

  • Wade Eckenrod

    Seller's Agent in 2015

    Wade Eckenrod

    RE/MAX Michigan

    (989) 239-4585

    119 in this area

    290 Total Sales

    Wade Eckenrod
    Section Image
See All Agents

Map

Source: Bay County Realtor® Association MLS

MLS Number: 2141860

Bay County Realtor® Association MLS

APN: 09-160-033-130-008-00

Michigan Bay County Bay City 48708

1218 Fraser St, Bay City, MI

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.

Nearby Homes