NOT LISTED FOR SALE

2019 S Euclid Ave Bay City, MI 48706

Estimated Value: $137,000 - $164,153

4 Beds
2 Baths
1,680 Sq Ft
$91/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $154,000 $92 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $930/month

24 Days on Market

About This Home

As of May 2024

Fantastic investment opportunity! Well-maintained city certified 4 bedroom 2 bath multi-family property (2 units). 2019 S Euclid Ave. is conveniently located near shopping amenities and close to the highway, situated on a double lot with ample parking and a 3 car garage. The lower unit is currently vacant and has been tastefully updated with fresh paint, new carpet, vinyl kitchen flooring, and a newly remodeled bathroom. Ideal for an owner-occupant, you can live in one unit and have the other unit help cover the mortgage. Recent updates include a new roof (2023), furnace, and central A/C for lower unit both installed in 2024. Water heaters were replaced in 2018 and 2022.Tenants pay for electricity, while the owner covers all other utilities. Don't miss out on this excellent investment opportunity! Whether you're looking to generate rental income or seeking an owner-occupied investment, this property offers the perfect combination of convenience, updates, and potential. Schedule a showing today to explore all the possibilities this property has to offer!

Last Agent to Sell the Property

Ali Smith

Ayre/Rhinehart Bay REALTORS License #BCRA-6501401164 Listed on: 04/10/2024

Last Buyer's Agent

Matt Hechlik

Berkshire Hathaway Home Services Bay License #SBR-6506045994

Berkshire Hathaway Home Services Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x110

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Boiler Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 160-032-101-007-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,473

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1714.66
  • Total Tax Year: 2023
  • Year Built: 1910
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1680

Exterior Features

  • Frontage: 100
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 3

Utilities

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

Lot Info

  • Assessor Parcel Number: 160-032-101-007-00
  • Lot Dimensions: 100x110
  • Acreage: 0.25
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,503.65
  • Winter Tax: Year: 2023, Amount: $211.01
  • Taxable Value: 26621
  • Total Tax: Year: 2023, Amount: $1,714.66
  • SEV Year: 2023

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
Apr 10, 2024
Closed on
May 30, 2024
Sold by
Schmidt Robert A and Schmidt Susan G
Bought by
Frisbie Gabriel
Seller's Agent
Ali Smith
Ayre/Rhinehart Bay REALTORS
Buyer's Agent
Matt Hechlik
Berkshire Hathaway Home Services Bay
List Price
$180,000
Sold Price
$154,000
Premium/Discount to List
-$26,000
-14.44%
Views
75
Current Estimated Value
$152,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,212
Avg. Annual Appreciation
-0.56%
Original Mortgage
$143,220
Outstanding Balance
$141,420
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$11,368

Purchase Details

Closed on
Feb 2, 2000
Sold by
Schmidt Timothy P
Bought by
Schmidt Robert A and Schmidt Susan G
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
Frisbie Gabriel $154,000 None Listed On Document
Schmidt Robert A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frisbie Gabriel $143,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $154,000 -14.4% $92 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $180,000 -- $107 / 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 $1,473 $52,350 $0 $0
2024 $1,242 $37,100 $0 $0
2023 $1,504 $34,950 $0 $0
2022 $1,633 $31,700 $0 $0
2021 $1,751 $29,450 $29,450 $0
2020 $1,612 $25,850 $25,850 $0
2019 $1,583 $24,050 $0 $0
2018 $1,821 $23,200 $0 $0
2017 $1,543 $22,950 $0 $0
2016 $2,179 $25,200 $0 $25,200
2015 $2,206 $29,000 $0 $29,000
2014 $2,206 $36,900 $0 $36,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50138165

Bay County Realtor® Association MLS

APN: 09-160-032-101-007-00