NOT LISTED FOR SALE

217 King St Bay City, MI 48706

Estimated Value: $96,000 - $117,000

6 Beds
3 Baths
1,997 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $72,000 $36 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $757/month

4 Days on Market

About This Home

As of January 2021

3 unit is ready for a new owner. Seller has owned for over 20 years and is ready to liquidate their rentals. Great money maker. 1 unit has had a 20+ year tenant and is paid on time every month. The other 2 units are vacant and have been completely renovated and cleaned up for a new owner. City certified, newer furnaces, basement with coin laundry, fenced backyard and 2 separate drives.

Last Agent to Sell the Property

Nancy Billingsley

Bay Area Real Estate License #BCRA-6501293497 Listed on: 12/17/2020

Last Buyer's Agent

Wade Eckenrod

RE/MAX Results License #BCRA-6506034867

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 65x100

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 2-Story Property
  • Separate Meters
  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 160-020-229-011-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,096

Year Built

Built in 1920

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: 1473.42
  • Total Tax Year: 2020
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 1997

Exterior Features

  • Frontage: 65
  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 160-020-229-011-00
  • Lot Dimensions: 65x100
  • Acreage: 0.15
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Gas

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,333.15
  • Winter Tax: Year: 2020, Amount: $140.27
  • Taxable Value: 22120
  • Total Tax: Year: 2020, Amount: $1,473.42
  • SEV Year: 2020

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Bay City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 5, 2021
Sold by
Neilson Chrisitne M and Parsons Duane C
Bought by
Beaubien Patrick and Patrick Beaubien Trust
Seller's Agent
Nancy Billingsley
Bay Area Real Estate
Buyer's Agent
Wade Eckenrod
RE/MAX Results
List Price
$72,500
Sold Price
$72,000
Premium/Discount to List
-$500
-0.69%
Current Estimated Value
$106,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,324
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Apr 1, 1988
Bought by
Parsons Duane C and Parsons Christine M
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
Beaubien Patrick $72,000 None Available
Parsons Duane C $18,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaubien Patrick James $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $72,000 -0.7% $36 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $72,500 -- $36 / 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 $2,096 $41,650 $0 $0
2024 $1,828 $34,650 $0 $0
2023 $1,741 $32,550 $0 $0
2022 $1,890 $29,350 $0 $0
2021 $1,415 $26,000 $26,000 $0
2020 $1,473 $22,850 $22,850 $0
2019 $1,537 $21,750 $0 $0
2018 $1,427 $21,200 $0 $0
2017 $1,542 $21,000 $0 $0
2016 $1,610 $21,950 $0 $21,950
2015 $1,645 $26,350 $0 $26,350
2014 $1,645 $27,750 $0 $27,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50030963

Bay County Realtor® Association MLS

APN: 09-160-020-229-011-00