NOT LISTED FOR SALE

309 Adams St Bay City, MI 48708

Estimated Value: $70,101 - $98,000

2 Beds
2 Baths
1,323 Sq Ft
$65/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $50,500 $38 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $595/month

60 Days on Market

About This Home

As of March 2022

Investment opportunity!!!...2 Houses & a Vacant Lot only 2 Blocks from Bay City's new Uptown and 4 blocks from the River! Good income producing properties. One two unit, one four unit plus a vacant lot. Some long term tenants. Also convenient to downtown Bay City. Sale includes 309 Adams, 311 Adams and 323 Adams (vacant lot).

Last Agent to Sell the Property

Kristi Lambert

Ayre/Rhinehart Bay REALTORS License #BCRA-6501422336 Listed on: 09/22/2021

Last Buyer's Agent

Bill Jaynes

RE/MAX Results License #BCRA-6501395379

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x101

Parking

  • On-Street Parking

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 09-160-028-132-008-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$988

Year Built

Built in 1922

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
  • Total Tax Amount: 988.43
  • Year Built: 1922
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1323

Exterior Features

  • Construction: Aluminum
  • Foundation Type: Basement

Garage/Parking

  • Parking: On Street

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 09-160-028-132-008-00
  • Lot Dimensions: 30X101
  • Acreage: 0.07
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Electric, Gas, Water/Sewer
  • Lease Information: Long Term

Tax Info

  • Summer Tax: Year: 2021, Amount: $887.30
  • Winter Tax: Year: 2020, Amount: $101.13
  • Taxable Value: 15488
  • Total Tax: Amount: $988.43

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Bay City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Mar 15, 2022
Sold by
Stepanski James P and Stepanski Beatrice
Bought by
Charlie Observer Llc
Seller's Agent
Kristi Lambert
Ayre/Rhinehart Bay REALTORS
Buyer's Agent
Bill Jaynes
RE/MAX Results
List Price
$50,000
Sold Price
$50,500
Premium/Discount to List
$500
1%
Current Estimated Value
$86,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,525
Avg. Annual Appreciation
18.20%

Purchase Details

Closed on
Sep 12, 2008
Sold by
Stepanski Kay
Bought by
Stepanski James P and Stepanski Beatrice
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
Charlie Observer Llc $50,500 None Listed On Document
Stepanski James P $20,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $50,500 +1.0% $38 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $50,000 0.0% $38 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/25/2021 10/25/21 Price Changed $50,000 -49.9% $38 / Sq Ft
09/22/2021 09/22/21 For Sale $99,900 -- $76 / 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 $1,520 $28,400 $0 $0
2024 $1,326 $23,750 $0 $0
2023 $1,262 $22,350 $0 $0
2022 $1,045 $19,850 $0 $0
2021 $991 $18,350 $18,350 $0
2020 $1,032 $16,200 $16,200 $0
2019 $1,013 $15,200 $0 $0
2018 $1,023 $15,200 $0 $0
2017 $1,012 $15,050 $0 $0
2016 $1,099 $16,300 $0 $16,300
2015 $1,856 $18,950 $0 $18,950
2014 $1,856 $27,800 $0 $27,800
Source: Public Records

Agents Affiliated with this Home

  • Kristi Lambert

    Seller's Agent in 2022

    Kristi Lambert

    Ayre/Rhinehart Bay REALTORS

    (989) 980-8298

    30 in this area

    76 Total Sales

    Kristi Lambert
    Section Image
  • Bill Jaynes

    Buyer's Agent in 2022

    Bill Jaynes

    RE/MAX Michigan

    (989) 233-7501

    41 in this area

    64 Total Sales

    Bill Jaynes
    Section Image
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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50056096

Bay County Realtor® Association MLS

APN: 09-160-028-132-008-00

Michigan Bay County Bay City 48708

309 Adams St, Bay City, MI

This home is located at 309 Adams St, Bay City, MI 48708 since 22 September 2021 and is currently estimated at $86,025, approximately $65 per square foot. This property was built in 1922. 309 Adams St is a home located in Bay County with nearby schools including Washington Elementary School, Handy Middle School, and Bay City Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay County Realtor® Association MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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