NOT LISTED FOR SALE

213 N Sheridan St Bay City, MI 48708

Estimated Value: $138,984

-- Bed
5 Baths
2,700 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 16, 2013

Last sale price $69,000 $26 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $900/month

36 Days on Market

About This Home

As of December 2013

VERY WELL MAINTAINED 5 UNIT THAT'S A OUTSTANDING INVESTMENT OPPORTUNITY. ALL UNITS ARE FULLY RENTED AND MAKE THIS PROPERTY A EXCELLENT INSTANT MONEY MAKER. ALL UNITS HAVE STOVES AND REFRIGERATORS THAT REMAIN. NEWER FURNACE AND AIR CONDITIONING UNIT AND MOSTLY NEWER WINDOWS. SOME UNITS HAVE UPDATED BATHS, FLOORING AND PAINT. COIN OPERATED LAUNDRY AVAILABLE IN BASEMENT. OWNER PAYS ALL UTILITIES BUT HEAT IS REGULATED BY OWNER. UNIT 5 IS RENTED FOR $500.

Last Agent to Sell the Property

Mike Slezak

Top Producers, Inc. License #BCRA Listed on: 10/29/2013

Last Buyer's Agent

Michael Meehleder

Ayre/Rhinehart Bay REALTORS License #BCRA-6501356791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $177

Lot Details

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

Interior Spaces

  • 2-Story Property
  • Oven or Range

Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Net Operating Income $31,200

Listing and Financial Details

  • Assessor Parcel Number 160-028-242-023-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$177

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: 2 Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven
  • Basement: Yes
  • Basement Type: Block, Full
  • Estimated Sq Ft: 2700

Exterior Features

  • Construction: Aluminum
  • Frontage: 50
  • Roads: Paved Street
  • Frontage Type: Road

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air

Lot Info

  • Assessor Parcel Number: 160-028-242-023-00
  • Lot Dimensions: 50 X 100
  • Acreage: 0.11
  • Zoning: Mixed Use
  • Geo Subdivision: MI

Rental Info

  • Total Expenses: 11926.8

Tax Info

  • Summer Tax: Year: 2013, Amount: $1,680.41
  • Winter Tax: Year: 2012, Amount: $176.39
  • Taxable Value: 27000
  • SEV Year: 2013

MLS Schools

  • School District: Bay City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
Moulton Debbie and Bujouves Glen
Bought by
Bujouves Revocable Trust and Bujouves
Current Estimated Value
$138,984

Purchase Details

Listed on
Oct 29, 2013
Closed on
Dec 16, 2013
Sold by
Hill John M and Hill Sharon J
Bought by
Moulton Debbie and Bujouves Glen
Seller's Agent
Mike Slezak
Top Producers, Inc.
Buyer's Agent
Michael Meehleder
Ayre/Rhinehart Bay REALTORS
List Price
$72,900
Sold Price
$69,000
Premium/Discount to List
-$3,900
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$44,850
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2011
Closed on
Jan 23, 2012
Sold by
Schmitt Ruth Helen
Bought by
Hill John M and Hill Sharon J
Seller's Agent
Anne VanSumeren
Properties Plus
Buyer's Agent
Mike Slezak
Top Producers, Inc.
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.24%

Purchase Details

Closed on
Jun 9, 2011
Sold by
Schmitt Arthur C
Bought by
Schmitt Ruth Helen

Purchase Details

Closed on
Dec 5, 2001
Sold by
Zook Lonnie D and Zook Linda M
Bought by
Schmitt Arthur C and Finne Ruth H

Purchase Details

Closed on
Oct 1, 1996
Sold by
Zook Lonnie D and Zook Linda M
Bought by
Schmitt Arthur C and Finneman Ruth H
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
Bujouves Revocable Trust -- None Listed On Document
Moulton Debbie $69,000 First American Title Ins Co
Hill John M $40,000 None Available
Schmitt Ruth Helen -- United Title Agency
Schmitt Arthur C -- --
Schmitt Arthur C $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moulton Debbie $44,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2013 12/16/13 Sold $69,000 -5.3% $26 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
10/29/2013 10/29/13 For Sale $72,900 +82.3% $27 / Sq Ft
01/23/2012 01/23/12 Sold $40,000 0.0% $15 / Sq Ft
12/24/2011 12/24/11 Pending -- -- --
06/27/2011 06/27/11 For Sale $40,000 -- $15 / 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 $1,671 $56,500 $0 $0
2024 $1,458 $53,150 $0 $0
2023 $1,388 $41,450 $0 $0
2022 $1,507 $34,100 $0 $0
2021 $1,429 $32,450 $5,050 $27,400
2020 $1,488 $31,100 $5,050 $26,050
2019 $1,461 $24,700 $0 $0
2018 $1,441 $24,800 $0 $0
2017 $1,410 $25,400 $0 $0
2016 $1,592 $28,550 $5,100 $23,450
2015 $1,542 $32,700 $5,100 $27,600
2014 $1,542 $20,400 $5,100 $15,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 2132107

Bay County Realtor® Association MLS

APN: 09-160-028-242-023-00