Seller's Agent in 2023
Shawn McNeil
Our Home & Co Real Estate
(989) 392-7719
25 in this area
71 Total Sales
259 N Madison Ave Bay City, MI 48708
Estimated Value: $133,000 - $220,216
6
Beds
5
Baths
3,729
Sq Ft
$44/Sq Ft
Est. Value
About This Home
As of March 2023Income producing four unit with a brand new roof! City certified! Potential for a 5th unit in the basement.
Last Agent to Sell the Property
Our Home & Co Real Estate License #SBR-6502431572 Listed on: 02/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 65 x 100
Interior Spaces
- 2-Story Property
- Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Utilities
- Forced Air Heating System
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 160-028-208-017-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2023
Closed on
Mar 22, 2023
Sold by
S/V Dianne Llc
Bought by
Spaine David and Spaine Linda
Seller's Agent
Shawn McNeil
Our Home & Co Real Estate
Buyer's Agent
Derek Batch
RE/MAX Results
List Price
$139,900
Sold Price
$134,000
Premium/Discount to List
-$5,900
-4.22%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,804
Avg. Annual Appreciation
7.96%
Original Mortgage
$100,425
Outstanding Balance
$97,153
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$67,651
Purchase Details
Listed on
Feb 9, 2023
Closed on
Mar 15, 2023
Sold by
S/V Dianne Llc
Bought by
Spaine David and Spaine Linda
Seller's Agent
Shawn McNeil
Our Home & Co Real Estate
Buyer's Agent
Derek Batch
RE/MAX Results
List Price
$139,900
Sold Price
$134,000
Premium/Discount to List
-$5,900
-4.22%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,425
Outstanding Balance
$97,153
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$67,651
Purchase Details
Closed on
Jul 5, 2022
Sold by
Jackson Thomas
Bought by
S/V Dianne Llc
Purchase Details
Listed on
Feb 25, 2022
Closed on
Mar 10, 2022
Sold by
Hanje and Alyssa
Bought by
Jackson Thomas
Seller's Agent
Brittini Rase
All Star Real Estate
Buyer's Agent
Shawn McNeil
Our Home & Co Real Estate
List Price
$99,900
Sold Price
$125,000
Premium/Discount to List
$25,100
25.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Purchase Details
Listed on
Oct 17, 2018
Closed on
Apr 5, 2019
Sold by
The Apsostolic Life Church Of Bay City
Bought by
Hanje Justine and Hanje Alyssa
Seller's Agent
Jean Ann DeShano
RE/MAX Results
Buyer's Agent
Myles Shephard
Pinnacle Realty
List Price
$69,900
Sold Price
$56,000
Premium/Discount to List
-$13,900
-19.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.53%
Original Mortgage
$42,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2017
Sold by
Greater Bible Way Temple Of Bay City
Bought by
Teh Apostolic Life Church Of Bay City
Purchase Details
Closed on
Dec 28, 2013
Sold by
Greater Works Community Development Corp
Bought by
Greater Bible Way Temple
Purchase Details
Closed on
Dec 21, 2012
Sold by
Brown Lilly Palmer
Bought by
Greater Works Community Development Corp
Purchase Details
Listed on
Jan 25, 2012
Closed on
Mar 27, 2012
Sold by
U S Bank National Association
Bought by
Brown Lillie Palmer
Seller's Agent
Thomas Arthur
Welcome Home Realty
Buyer's Agent
Debbie Lee Nation
Best Real Estate-Janca & Associates
List Price
$43,000
Sold Price
$43,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Purchase Details
Closed on
Apr 29, 2011
Sold by
Budnik Theodore J and Budnik Shelly L
Bought by
U S Bank National Association
Purchase Details
Closed on
Mar 25, 2005
Sold by
Schweinsberg Richard Michael and Schweinsberg Peggy
Bought by
Budnik Theodore J and Budnik Shelly L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 30, 2003
Sold by
Backus George F and Backus Dawn M
Bought by
Schweinsberg Richard Michael and Schweinsberg Richard M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,505
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 22, 2002
Sold by
Backus George F and Backus Dawn M
Bought by
The Bank Of New York Trust
Purchase Details
Closed on
May 18, 2000
Sold by
Russell-Tite Barbara J
Bought by
Backus George F and Backus Dawn M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spaine David | $133,900 | Crossroads Title | |
| Spaine David | $133,900 | Crossroads Title | |
| S/V Dianne Llc | $152,000 | -- | |
| Jackson Thomas | $125,000 | Crossroads Title | |
| Hanje Justine | $56,000 | None Available | |
| Teh Apostolic Life Church Of Bay City | -- | None Available | |
| Greater Bible Way Temple | -- | None Available | |
| Greater Works Community Development Corp | -- | None Available | |
| Brown Lillie Palmer | $43,000 | None Available | |
| U S Bank National Association | $43,650 | None Available | |
| Budnik Theodore J | $135,000 | Fatic | |
| Schweinsberg Richard Michael | $109,450 | -- | |
| The Bank Of New York Trust | $73,200 | -- | |
| Backus George F | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spaine David | $100,425 | |
| Closed | Spaine David | $100,425 | |
| Previous Owner | Hanje Justine | $42,000 | |
| Previous Owner | Budnik Theodore J | $108,000 | |
| Previous Owner | Schweinsberg Richard Michael | $98,505 | |
| Closed | Budnik Theodore J | $20,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/10/2023 03/10/23 | Sold | $134,000 | -4.2% | $36 / Sq Ft | |
| 02/12/2023 02/12/23 | Pending | -- | -- | -- | |
| 02/09/2023 02/09/23 | For Sale | $139,900 | +11.9% | $38 / Sq Ft | |
| 03/11/2022 03/11/22 | Sold | $125,000 | +25.1% | $36 / Sq Ft | View Prior Sale |
| 02/28/2022 02/28/22 | Pending | -- | -- | -- | |
| 02/25/2022 02/25/22 | For Sale | $99,900 | +78.4% | $28 / Sq Ft | |
| 04/08/2019 04/08/19 | Sold | $56,000 | -17.5% | $15 / Sq Ft | View Prior Sale |
| 04/05/2019 04/05/19 | Pending | -- | -- | -- | |
| 02/21/2019 02/21/19 | Price Changed | $67,900 | -2.9% | $18 / Sq Ft | |
| 10/17/2018 10/17/18 | For Sale | $69,900 | +62.6% | $19 / Sq Ft | |
| 03/22/2012 03/22/12 | Sold | $43,000 | 0.0% | $13 / Sq Ft | View Prior Sale |
| 02/21/2012 02/21/12 | Pending | -- | -- | -- | |
| 01/25/2012 01/25/12 | For Sale | $43,000 | -- | $13 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $4,243 | $81,450 | $0 | $0 |
| 2024 | $3,701 | $65,500 | $0 | $0 |
| 2023 | $3,573 | $63,250 | $0 | $0 |
| 2022 | $2,382 | $47,300 | $0 | $0 |
| 2021 | $2,488 | $43,950 | $43,950 | $0 |
| 2020 | $2,591 | $38,900 | $38,900 | $0 |
| 2019 | $2,566 | $38,800 | $0 | $0 |
| 2018 | $3,466 | $37,600 | $0 | $0 |
| 2017 | $2,661 | $37,200 | $0 | $0 |
| 2016 | $2,694 | $39,950 | $0 | $39,950 |
| 2015 | $3,361 | $45,350 | $0 | $45,350 |
| 2014 | $3,361 | $50,350 | $0 | $50,350 |
Source: Public Records
Agents Affiliated with this Home
-
Shawn McNeil
-
Derek Batch
Buyer's Agent in 2023
Derek Batch
RE/MAX Michigan
(989) 859-0015
13 in this area
62 Total Sales
-
Brittini Rase
B
Seller's Agent in 2022
Brittini Rase
All Star Real Estate
(989) 545-9608
31 in this area
43 Total Sales
-
Jean Ann DeShano
Seller's Agent in 2019
Jean Ann DeShano
RE/MAX Michigan
(989) 233-8380
65 in this area
170 Total Sales
-
Myles Shephard
Buyer's Agent in 2019
Myles Shephard
Pinnacle Realty
(989) 295-1125
7 in this area
115 Total Sales
-
Thomas Arthur
T
Seller's Agent in 2012
Thomas Arthur
Welcome Home Realty
(989) 460-4663
2 in this area
43 Total Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 50101249
APN: 09-160-028-208-017-00
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Source MLS: MiRealSource
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