NOT LISTED FOR SALE

321 Franklin St Bay City, MI 48708

Estimated Value: $72,000 - $113,000

4 Beds
2 Baths
1,560 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $42,200 $27 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $653/month

46 Days on Market

About This Home

As of August 2020

Nice $12,000/year investment income opportunity. This 2 unit has alot of nice features like hardwood floors, Sunporch, updated windows, separate Gas & Electric, and updated plumbing. Full Basement & 1.5+ garage. Appliances are negotiable. Current tenants are in the process of finding new housing. Tenants will need at least 30 days possession.

Last Agent to Sell the Property

Robert Struck

RE/MAX Results License #BCRA-6506038502 Listed on: 06/01/2020

RE/MAX Results

Last Buyer's Agent

Sabrina Hines

Keller Williams Preferred License #SBR-6501407105

Keller Williams Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1935

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 1.5 Car Detached Garage

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 160-028-331-006-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,021

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1583
  • Total Tax Year: 2019
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Below Grade Bedrooms: 1

Exterior Features

  • Frontage: 50
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1.5

Utilities

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

Lot Info

  • Assessor Parcel Number: 160-028-331-006-00
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Water Included

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,445.58
  • Winter Tax: Year: 2019, Amount: $137.69
  • Total Tax: Year: 2019, Amount: $1,583.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Bay City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2018
Sold by
Jej Real Estate Llc
Bought by
Willett Arlyn and Willett Desiree
Current Estimated Value
$92,684

Purchase Details

Closed on
Jan 13, 2014
Sold by
Johnson James E and Johnson Jill L Putnam
Bought by
Jej Real Estate Llc

Purchase Details

Closed on
Mar 2, 1995
Sold by
Puffer Thompson
Bought by
Johnson James E
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
Willett Arlyn $15,000 None Available
Jej Real Estate Llc -- None Available
Johnson James E $44,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $42,200 -6.2% $27 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $45,000 +6.6% $29 / Sq Ft
06/01/2020 06/01/20 Off Market $42,200 -- --
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 $2,021 $42,000 $0 $0
2024 $1,763 $34,950 $0 $0
2023 $1,679 $32,800 $0 $0
2022 $1,823 $29,600 $0 $0
2021 $2,007 $27,400 $27,400 $0
2020 $1,609 $25,250 $25,250 $0
2019 $1,579 $23,700 $0 $0
2018 $1,534 $22,800 $0 $0
2017 $1,520 $22,600 $0 $0
2016 $1,692 $25,100 $0 $25,100
2015 $1,923 $29,400 $0 $29,400
2014 $1,923 $28,800 $0 $28,800
Source: Public Records

Agents Affiliated with this Home

  • Robert Struck

    Seller's Agent in 2020

    Robert Struck

    RE/MAX Michigan

    (989) 239-0054

    46 in this area

    88 Total Sales

    Robert Struck
    Section Image
  • Sabrina Hines

    Buyer's Agent in 2020

    Sabrina Hines

    Keller Williams Preferred

    (989) 574-7075

    61 Total Sales

    Sabrina Hines
    Section Image
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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50012843

Bay County Realtor® Association MLS

APN: 09-160-028-331-006-00

Michigan Bay County Bay City 48708

321 Franklin St, Bay City, MI

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