NOT LISTED FOR SALE

315 24th St Bay City, MI 48708

Estimated Value: $111,000 - $130,888

4 Beds
3 Baths
1,590 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $115,000 $72 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $852/month

6 Days on Market

About This Home

As of August 2023

This incredible investment opportunity awaits you! This immaculate 3 unit with long-term tenants is looking for a new owner. The lower level includes a 2 bedroom and a 1 bedroom apartment, and the upper level features a cozy one-bedroom apartment. Large front porch and back deck for tenants to relax and enjoy their own space. Additionally, the clean dry basement offers a secure individually locked storage area for each unit. Coin-operated laundry stays with the property and is owned outright. Off-street parking. Updates including a newer roof, siding, windows, and porches /decking contribute to this investment's overall value and low maintenance.

Last Agent to Sell the Property

The Real Estate Specialists

Berkshire Hathaway HomeServices, Bay City License #bcra Listed on: 08/03/2023

Berkshire Hathaway HomeServices, Bay City

Last Buyer's Agent

Rebecca Taylor

Real Estate One Great Lakes Bay License #SBR-6501419436

Real Estate One Great Lakes Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 100x50

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 1.5-Story Property
  • Forced Air Heating System
  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 160-033-106-011-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,471

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 1288.03
  • Total Tax Year: 2023
  • Year Built: 1900
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Estimated Sq Ft: 1590

Exterior Features

  • Foundation Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: None

Lot Info

  • Assessor Parcel Number: 160-033-106-011-00
  • Lot Dimensions: 100x50
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,136.20
  • Winter Tax: Year: 2022, Amount: $151.83
  • Total Tax: Year: 2023, Amount: $1,288.03
  • SEV Year: 2023

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
Aug 3, 2023
Closed on
Aug 28, 2023
Sold by
Bidwell Paul and Bidwell Kimberly
Bought by
Illig Family Holdings Llc
Seller's Agent
The Real Estate Specialists
Berkshire Hathaway HomeServices, Bay City
Buyer's Agent
Rebecca Taylor
Real Estate One Great Lakes Bay
List Price
$99,700
Sold Price
$115,000
Premium/Discount to List
$15,300
15.35%
Views
54
Current Estimated Value
$123,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,222
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Mar 27, 2012
Sold by
Lsf6 Mercury Reo Investments Llc
Bought by
Bidwell Paul and Bidwell Kimberly

Purchase Details

Closed on
Oct 29, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
The Cit Group/Consumer Finance Inc

Purchase Details

Closed on
Sep 25, 2008
Sold by
The Cit Group/Consumer Finance Inc
Bought by
Lsf6 Mercury Reo Investments Llc

Purchase Details

Closed on
Feb 9, 2007
Sold by
Loree Richard and Loree Richard L
Bought by
The Cit Group Consumer Finance Inc

Purchase Details

Closed on
Apr 27, 2004
Sold by
Mulholland Thomas S
Bought by
Loree Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,350
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Loree Richard L
Bought by
Mulholland Thomas S

Purchase Details

Closed on
Mar 8, 2002
Bought by
Loree Richard L

Purchase Details

Closed on
Jan 14, 2002
Bought by
Loree Richard L
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
Illig Family Holdings Llc $115,000 None Listed On Document
Bidwell Paul -- First American Title Ins Co
The Cit Group/Consumer Finance Inc -- First American Title Ins Co
Lsf6 Mercury Reo Investments Llc -- None Available
The Cit Group Consumer Finance Inc $45,100 None Available
Loree Richard L $91,500 Ati Title Company Agency
Mulholland Thomas S $69,000 --
Loree Richard L -- --
Loree Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loree Richard L $82,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $115,000 +15.3% $72 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $99,700 -- $63 / 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 $2,471 $47,150 $0 $0
2024 $2,155 $38,150 $0 $0
2023 $1,136 $25,500 $0 $0
2022 $1,234 $23,000 $0 $0
2021 $1,170 $21,450 $21,450 $0
2020 $1,218 $18,850 $18,850 $0
2019 $1,541 $17,950 $0 $0
2018 $1,543 $17,800 $0 $0
2017 $1,317 $17,650 $0 $0
2016 $1,291 $19,150 $0 $19,150
2015 $1,312 $21,850 $0 $21,850
2014 $1,312 $24,900 $0 $24,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50117590

Bay County Realtor® Association MLS

APN: 09-160-033-106-011-00