NOT LISTED FOR SALE

2325 Bay St Saginaw, MI 48602

Estimated Value: $79,531 - $121,000

3 Beds
2 Baths
1,008 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $60,000 $60 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $657/month

588 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Ceiling Fan
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of December 2021

BUILD YOUR BIZ WITH BAY ST! This two-apartment building has gone through a full remodel down to the studs. The first-floor features two beds and one freshly redone bath that includes a new shower/tub combo and toilet. The first-floor also has a new furnace and A/C unit. The one bath studio second-floor unit was rebuilt from the studs featuring new cabinets, countertops, appliances, windows, bath, and high-efficiency electric heating. Additional updates include flooring, interior doors, steel roof (2019), lighting, and fresh painting. A detached 1100 sq ft outbuilding is the icing on the cake. This property is ready for its next investor. Don’t wait, call today for your own private showing!

Last Agent to Sell the Property

Jeremy Stedry

Modern Realty License #MBR-6501402047 Listed on: 03/03/2020

Modern Realty

Last Buyer's Agent

Jeremy Stedry

Modern Realty License #MBR-6501402047 Listed on: 03/03/2020

Modern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1884

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65x150

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 13 2821 00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,822

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units, Apartment, Investment
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 1 1/2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 1202.54
  • Total Tax Year: 2019
  • Year Built: 1884
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 9 x 11
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Lower Floor, Dimensions: 8 x 6
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On Upper Floor, Dimensions: 21 x 14
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 5, On Level: First, Flooring: Vinyl
  • Bathroom 2: Dimensions: 9 x 5, On Level: Upper, Flooring: Vinyl
  • Dining Room: On 1st Floor, Dimensions: 8 x 11
  • Dining Room Floor Covering: Vinyl
  • Kitchen: On 1st Floor, Dimensions: 9 x 5
  • Kitchen Floor Covering: Vinyl
  • Laundry: On 1st Floor, Dimensions: 8 x 5
  • Laundry Room Floor Covering: Laminate
  • Living Room: On 1st Floor, Dimensions: 13 x 12
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 1008
  • Total Finished Sq Ft: 1008

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch, Sidewalks
  • Foundation: Piers
  • Frontage: 65
  • Road: City/County, Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage, Electric in Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 13 2821 00000
  • Zoning: Multi-Family, Residential
  • Lot Dimensions: 65x150
  • Acreage: 0.22
  • Geo Subdivision: MI
  • Site/Lot Features: Main Street

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,024.11
  • Winter Tax: Year: 2019, Amount: $178.43
  • Taxable Value: 17500
  • Total Tax: Year: 2019, Amount: $1,202.54
  • SEV Year: 2019

MLS Schools

  • School District: Saginaw City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Dec 1, 2021
Sold by
Frost Jacob
Bought by
Tri City Property Management Llc
Seller's Agent
Jeremy Stedry
Modern Realty
Buyer's Agent
Jeremy Stedry
Modern Realty
List Price
$62,500
Sold Price
$60,000
Premium/Discount to List
-$2,500
-4%
Current Estimated Value
$94,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,883
Avg. Annual Appreciation
8.43%
Original Mortgage
$48,000
Outstanding Balance
$44,587
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$36,965

Purchase Details

Listed on
May 7, 2018
Closed on
May 25, 2018
Sold by
Schulz Jerry D
Bought by
Frost Jacob
Seller's Agent
Mark Greskowiak
Century 21 Signature Realty
Buyer's Agent
Jeremy Stedry
Modern Realty
List Price
$20,000
Sold Price
$18,500
Premium/Discount to List
-$1,500
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.69%

Purchase Details

Closed on
Oct 10, 1997
Sold by
Schulz Jerry D and Browning Susan M
Bought by
Schulz Jerry D

Purchase Details

Closed on
Jul 1, 1997
Sold by
Svetic Carol A and Svetic Carol A
Bought by
Basner David D and Basner Norma

Purchase Details

Closed on
Sep 8, 1994
Sold by
Schmitt Erick W
Bought by
Schulz Jerry D and Browning Susan M

Purchase Details

Closed on
Feb 23, 1994
Sold by
Adams Barbara A and Adams Robert M
Bought by
Schmitt Erick W

Purchase Details

Closed on
Jul 24, 1990
Sold by
Bledsoe Sherry A and Bledsoe David M
Bought by
Adams Barbara A and Adams Robert M

Purchase Details

Closed on
Jul 1, 1990

Purchase Details

Closed on
Aug 13, 1986
Sold by
Gordon William H and Gordon Hortense J
Bought by
Bledsoe Sherry A and Bledsoe David M
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
Tri City Property Management Llc $60,000 None Available
Frost Jacob $18,500 --
Schulz Jerry D -- --
Basner David D $69,000 --
Schulz Jerry D $35,000 --
Schmitt Erick W $29,500 --
Adams Barbara A $38,700 --
-- $23,900 --
Bledsoe Sherry A $21,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tri City Property Management Llc $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $60,000 0.0% $60 / Sq Ft
08/30/2020 08/30/20 Off Market $60,000 -- --
03/16/2020 03/16/20 Price Changed $59,000 -5.6% $59 / Sq Ft
03/03/2020 03/03/20 For Sale $62,500 +237.8% $62 / Sq Ft
05/25/2018 05/25/18 Sold $18,500 -7.5% $18 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $20,000 -- $20 / Sq Ft
Source: Midland Board of REALTORS®

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 $1,822 $29,500 $0 $0
2024 $1,490 $28,600 $0 $0
2023 $1,430 $25,600 $0 $0
2022 $1,664 $22,000 $0 $0
2021 $1,388 $20,500 $0 $0
2020 $1,198 $18,500 $0 $0
2019 $1,203 $17,500 $1,800 $15,700
2018 $969 $17,562 $0 $0
2017 $1,137 $17,650 $0 $0
2016 $1,496 $17,217 $0 $0
2014 -- $17,454 $0 $15,649
2013 -- $19,009 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midland Board of REALTORS®

MLS Number: 50007145

Midland Board of REALTORS®

APN: 91302821000000