NOT LISTED FOR SALE

1601 2nd St Bay City, MI 48708

Estimated Value: $100,000 - $149,448

4 Beds
2 Baths
1,600 Sq Ft
$75/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $59,900 $37 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $781/month

64 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Heating System

About This Home

As of January 2021

GREAT INVESTMENT OPPORTUNITY! Come and see the potential this ideal owner occupied two-unit multifamily home has to offer. Upper unit is currently rented while you fix up the lower to live in or for extra income. Spacious lower vacant unit has hardwood floors just waiting to be restored to their original beauty! Oversized fenced yard, carport with plenty of extra parking in the driveway, enclosed porch, and shed. Separate gas and electric. City certified.

Last Agent to Sell the Property

Ali Smith

Ayre/Rhinehart Bay REALTORS License #BCRA-6501401164 Listed on: 11/06/2020

Last Buyer's Agent

Jeremy Owen

Our Home & Co. Real Estate License #BCRA-6501393139

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • 80 Ft Wide Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 3 Car Parking Spaces
  • Covered Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 160-022-303-007-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,544

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: 1712.19
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Hardwood Floors
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Basement Type: Block, Full, MI Basement
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1600

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch
  • Frontage: 80
  • Foundation Type: Basement

Garage/Parking

  • Parking: 3 Or More Spaces, Covered Parking

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 160-022-303-007-00
  • Lot Dimensions: 7841
  • Acreage: 0.18
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,330.01
  • Winter Tax: Year: 2019, Amount: $382.18
  • Taxable Value: 22068
  • Total Tax: Amount: $1,712.19

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
Nov 6, 2020
Closed on
Jan 13, 2021
Sold by
Kirchhoff Michael J
Bought by
Shepard Robert
Seller's Agent
Ali Smith
Ayre/Rhinehart Bay REALTORS
Buyer's Agent
Jeremy Owen
Our Home & Co. Real Estate
List Price
$59,000
Sold Price
$59,900
Premium/Discount to List
$900
1.53%
Current Estimated Value
$119,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,712
Avg. Annual Appreciation
15.50%

Purchase Details

Closed on
Jun 29, 2007
Sold by
Young James S and Pominville Kathleen A
Bought by
Kirchhoff Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,900
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Young James S and Pominville Kathleen A
Bought by
Young James S and Pominville Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,050
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2002
Sold by
Young James S
Bought by
Pominville Kathleen A and Young Jam

Purchase Details

Closed on
Jan 17, 2002
Bought by
Young James S

Purchase Details

Closed on
Feb 15, 1994
Sold by
Pominville Valerie M
Bought by
Pominville, Valerie M Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shepard Robert $59,900 None Available
Kirchhoff Michael J $84,900 Fatic
Young James S -- Alpha Title Agency Inc
Pominville Kathleen A -- --
Young James S $64,000 --
Pominville, Valerie M Trust $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirchhoff Michael J $76,900
Previous Owner Young James S $71,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $59,900 0.0% $37 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
11/11/2020 11/11/20 Price Changed $59,900 +1.5% $37 / Sq Ft
11/06/2020 11/06/20 For Sale $59,000 -- $37 / 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 $1,544 $43,750 $0 $0
2024 $1,271 $35,200 $0 $0
2023 $1,210 $33,100 $0 $0
2022 $1,390 $29,950 $0 $0
2021 $1,009 $26,150 $26,150 $0
2020 $1,730 $22,950 $22,950 $0
2019 $1,805 $21,850 $0 $0
2018 $1,683 $21,150 $0 $0
2017 $1,510 $20,900 $0 $0
2016 $1,700 $22,050 $0 $22,050
2015 $1,781 $25,450 $0 $25,450
2014 $1,781 $28,900 $0 $28,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50028370

Bay County Realtor® Association MLS

APN: 09-160-022-303-007-00