NOT LISTED FOR SALE

226 N Jefferson St Bay City, MI 48708

Estimated Value: $79,000 - $131,000

5 Beds
4 Baths
2,678 Sq Ft
$39/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $65,000 $24 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $720/month

49 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 5-minute walk to Birney Park

About This Home

As of January 2024

Attention: here's your Bay City investment opportunity! This three-unit, two-story rental property offers versatility and income potential. The first floor features two 1-bedroom, 1-bathroom units, while upstairs there is a spacious 3-bedroom, 2-bathroom unit. All units are currently occupied. Call for more information today!

Last Agent to Sell the Property

Travis Scott

EXP Realty License #FAAR Listed on: 10/26/2023

EXP Realty

Last Buyer's Agent

Jason Pockrandt

EXP Realty License #SBR-6501429087

EXP Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 75x105

Parking

  • 3 Car Parking Spaces

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 160-028-208-010-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2316
  • Year Built: 1900
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior Features: Porch
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Lot Info

  • Assessor Parcel Number: 160-028-208-010-00
  • Lot Dimensions: 75x105
  • Acreage: 0.18
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,728.00
  • Winter Tax: Year: 2022, Amount: $588.00
  • Total Tax: Amount: $2,316.00

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
Oct 26, 2023
Closed on
Jan 24, 2024
Sold by
Rathor Vishal
Bought by
Box Devin James
Seller's Agent
Travis Scott
EXP Realty
Buyer's Agent
Jason Pockrandt
EXP Realty
List Price
$69,997
Sold Price
$65,000
Premium/Discount to List
-$4,997
-7.14%
Views
94
Current Estimated Value
$104,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,357
Avg. Annual Appreciation
28.99%
Original Mortgage
$48,750
Outstanding Balance
$47,897
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$56,460

Purchase Details

Listed on
Oct 26, 2023
Closed on
Jan 11, 2024
Sold by
Rathor Bachint
Bought by
Rathor Family Rental Llc
Seller's Agent
Travis Scott
EXP Realty
Buyer's Agent
Jason Pockrandt
EXP Realty
List Price
$69,997
Sold Price
$65,000
Premium/Discount to List
-$4,997
-7.14%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Outstanding Balance
$47,897
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$56,460

Purchase Details

Closed on
Sep 24, 2015
Sold by
Reo Bulk Purchase Portfolio Llc
Bought by
Rathor Bachint

Purchase Details

Closed on
Mar 2, 2015
Sold by
First National Bank Of America
Bought by
Reo Bulk Purchase Portfolio Llc

Purchase Details

Closed on
Jul 29, 2014
Sold by
First National Bank Of America
Bought by
Reo Bulk Purchase Portfolio Llc

Purchase Details

Closed on
Jul 1, 2014
Sold by
Rose Accpentance Inc
Bought by
First National Bank Of America

Purchase Details

Closed on
Jul 31, 2012
Sold by
First National Bank Of America
Bought by
Parker Barbara and Parker Daryl

Purchase Details

Closed on
Jul 1, 2012
Sold by
Rose Acceptance Inc
Bought by
First National Bank Of America

Purchase Details

Closed on
Mar 26, 2012
Sold by
Eavy Matthew and Eavy Dewann
Bought by
Rose Acceptance Inc

Purchase Details

Closed on
Jan 24, 2012
Sold by
Rose Land & Finance Corporation
Bought by
Rose Acceptance Inc

Purchase Details

Closed on
Mar 11, 2008
Sold by
Rose Land & Finance Corp
Bought by
Eavy Matthew and Eavy Dewan

Purchase Details

Closed on
Mar 1, 2008
Sold by
First National Bank Of America
Bought by
Rose Land & Finance Corp

Purchase Details

Closed on
Oct 9, 2006
Sold by
Simpson Gerald and Simpson Joyce
Bought by
First National Bank Of America

Purchase Details

Closed on
Dec 1, 2004
Sold by
Kozubal Theodore Thomas and Kozubal Pamela S
Bought by
Simpson Gerald and Simpson Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Box Devin James $65,000 Title Agency
Rathor Family Rental Llc $35,000 Michigan Moves Title Agency
Rathor Family Rental Llc $35,000 Michigan Moves Title Agency
Rathor Bachint $7,750 None Available
Reo Bulk Purchase Portfolio Llc $8,500 Attorney
Reo Bulk Purchase Portfolio Llc -- None Available
First National Bank Of America -- None Available
Parker Barbara -- None Available
First National Bank Of America -- None Available
Rose Acceptance Inc -- None Available
Rose Acceptance Inc -- None Available
Rose Acceptance Inc -- None Available
Eavy Matthew -- None Available
Rose Land & Finance Corp -- None Available
First National Bank Of America -- None Available
Simpson Gerald $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Box Devin James $48,750
Previous Owner Simpson Gerald $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Sold $65,000 -7.1% $24 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/19/2023 11/19/23 For Sale $69,997 0.0% $26 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $69,997 -- $26 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,041 $50,900 $0 $0
2024 $1,780 $42,150 $0 $0
2023 $1,695 $39,600 $0 $0
2022 $2,186 $34,600 $0 $0
2021 $2,325 $32,200 $5,450 $26,750
2020 $2,162 $28,300 $5,450 $22,850
2019 $2,234 $26,900 $0 $0
2018 $2,240 $26,150 $0 $0
2017 $2,057 $25,900 $0 $0
2016 $2,489 $35,150 $5,500 $29,650
2015 $1,436 $31,750 $5,500 $26,250
2014 $1,436 $33,900 $0 $33,900
Source: Public Records

Agents Affiliated with this Home

  • Travis Scott

    Seller's Agent in 2024

    Travis Scott

    EXP Realty

    (989) 225-2388

    23 in this area

    141 Total Sales

    Travis Scott
    Section Image

  • J

    Buyer's Agent in 2024

    Jason Pockrandt

    EXP Realty

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50126192

Michigan Multiple Listing Service

APN: 09-160-028-208-010-00

Michigan Bay County Bay City 48708

226 N Jefferson St, Bay City, MI

Not Listed for Sale

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