$92,000
SOLD NOV 17, 2023

1221 Marsac St Bay City, MI 48708

4 Beds
2 Baths
1,514 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$61 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • Porch
  • Baseboard Heating
  • 5-minute walk to Roosevelt Park

About This Home

As of November 2023

Two unit with basement. On a corner lot. Could live in one unit and rent the other to pay expenses. Long term tenants in lower level that are month to month. Upper unit vacant.

Last Agent to Sell the Property

Nora Malchow

Mid-Michigan Realty License #BCRA-6501268671 Listed on: 08/25/2023

Last Buyer's Agent

Non Member

Non-Member License #FAAR-126710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 3 Car Parking Spaces

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Block Basement Construction
  • Basement Storage

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Porch

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 160-033-308-005-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,726

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
  • Year Built: 1900
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Block, Common, Outside Entrance
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1514

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Type: Basement

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Baseboard, Boiler
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 160-033-308-005-00
  • Lot Dimensions: 50x100
  • Encroachment: Yes
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $881.40
  • Winter Tax: Year: 2022, Amount: $271.32
  • Total Tax: Amount: $1,152.72

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Bay City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Nov 15, 2023
Sold by
S & S Real Property Llc
Bought by
Finkbeiner Ronald James
Seller's Agent
Nora Malchow
Mid-Michigan Realty
Buyer's Agent
Non Member
Non-Member
List Price
$95,000
Sold Price
$92,000
Premium/Discount to List
-$3,000
-3.16%
Total Days on Market
32
Views
213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$69,000
Outstanding Balance
$68,026
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$31,483

Purchase Details

Closed on
Nov 20, 2006
Sold by
Fannie Mae
Bought by
S & S Real Property Llc

Purchase Details

Closed on
Mar 26, 2004
Sold by
Indymac Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 19, 2004
Sold by
Galarno Jamie L and Dahlke Charles L
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Sep 13, 2000
Sold by
Kozubal Pamela S
Bought by
Galarno Jamie L and Dahlke Charles
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $92,000 None Listed On Document
Special Warranty Deed $15,000 None Available
Quit Claim Deed -- --
Sheriffs Deed $57,226 --
Warranty Deed $56,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $69,000 New Conventional
Previous Owner $0 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $95,000 +3.3% $63 / Sq Ft
11/17/2023 11/17/23 Sold $92,000 -3.2% $61 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $95,000 -- $63 / 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
2024 $1,726 $30,550 $0 $0
2023 $881 $20,400 $0 $0
2022 $1,811 $18,450 $0 $0
2021 $1,044 $16,700 $16,700 $0
2020 $1,306 $14,700 $14,700 $0
2019 $1,240 $13,950 $0 $0
2018 $1,312 $13,600 $0 $0
2017 $1,146 $13,450 $0 $0
2016 $1,145 $14,950 $0 $14,950
2015 $1,713 $16,800 $0 $16,800
2014 $1,713 $22,300 $0 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50120131

Bay County Realtor® Association MLS

APN: 09-160-033-308-005-00