NOT LISTED FOR SALE

3226 N Water St Bay City, MI 48708

Estimated Value: $126,000 - $157,928

4 Beds
3 Baths
1,592 Sq Ft
$90/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $120,000 $75 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,010/month

69 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System

About This Home

As of March 2023

Investment opportunity to own a 3 unit apartment building located just on the border of Essexville. Easy access to bridges, bus stops and shopping. Brand new roof with complete tear off completed November 2022. Brand new windows also. Good standing Tennant in one unit the rest are vacant with fresh paint through out. Upper unit has brand new tub and vanity in bathroom. Coin laundry on site. Off street parking.

Last Agent to Sell the Property

Diana Smith

Berkshire Hathaway HomeServices License #SBR-6501289168 Listed on: 12/02/2022

Berkshire Hathaway HomeServices

Last Buyer's Agent

Tiffanie Bissett

Sine & Monaghan Realtors LLC St Clair License #MISPE-6501436419

Sine & Monaghan Realtors LLC St Clair

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

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

Parking

  • 3 Car Parking Spaces

Interior Spaces

  • 1.5-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 160-022-231-007-00

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,509

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Apartment, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1508.96
  • Total Tax Year: 2020
  • Year Built: 1900
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Block, Full
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1592

Exterior Features

  • Exterior Features: Deck, Porch, Sidewalks
  • Foundation Type: Basement
  • Roads: Curbed, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

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: 160-022-231-007-00
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Electric, Gas, Snow Removal, Taxes, Trash Removal, Water/Sewer

Tax Info

  • Summer Tax: Year: 2022, Amount: $1,323.27
  • Winter Tax: Year: 2022, Amount: $185.69
  • Taxable Value: 23428
  • Total Tax: Year: 2020, Amount: $1,508.96
  • SEV Year: 2022

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
Dec 2, 2022
Closed on
Mar 8, 2023
Sold by
Hayes Mark T and Hayes Jennifer
Bought by
Fletcher Nicholas J
Seller's Agent
Diana Smith
Berkshire Hathaway HomeServices
Buyer's Agent
Tiffanie Bissett
Sine & Monaghan Realtors LLC St Clair
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Views
235
Current Estimated Value
$142,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,982
Avg. Annual Appreciation
6.64%
Original Mortgage
$90,000
Outstanding Balance
$87,577
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$53,162

Purchase Details

Closed on
Aug 29, 2007
Sold by
Dore Arthur M and Dore Colleen M
Bought by
Hayes Mark T and Hayes Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,225
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Dore Arthur M and Dore Colleen M
Bought by
Mciver Patrick R and Mciver Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,820
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 2003
Sold by
Mortgage Electronic Registration System
Bought by
Bank One Na and The First National Bank Of Chicago

Purchase Details

Closed on
Jan 31, 2003
Sold by
Wells Arthur E
Bought by
Mortgage Electronic Registration

Purchase Details

Closed on
Jun 6, 2000
Sold by
Szilagyi Szilagyi E E and Szilagyi Carol J
Bought by
Wells Arthur E
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
Fletcher Nicholas J $120,000 Title Resource Agency
Hayes Mark T $64,300 Fatic
Mciver Patrick R $77,520 --
Bank One Na -- --
Mortgage Electronic Registration $79,300 --
Wells Arthur E $56,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Nicholas J $90,000
Previous Owner Hayes Mark T $48,225
Previous Owner Mciver Patrick R $76,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $120,000 -7.7% $75 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $130,000 0.0% $82 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
12/23/2022 12/23/22 For Sale $130,000 0.0% $82 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $130,000 -- $82 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,776 $52,500 $0 $0
2024 $2,421 $42,850 $0 $0
2023 $1,389 $31,650 $0 $0
2022 $1,509 $28,750 $0 $0
2021 $1,831 $26,900 $26,900 $0
2020 $1,490 $23,700 $23,700 $0
2019 $1,463 $21,950 $0 $0
2018 $1,460 $21,700 $0 $0
2017 $1,442 $21,450 $0 $0
2016 $1,561 $23,150 $0 $23,150
2015 $1,922 $27,750 $0 $27,750
2014 $1,922 $31,650 $0 $31,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50097104

Michigan Multiple Listing Service

APN: 09-160-022-231-007-00