NOT LISTED FOR SALE

409 N Chilson St Bay City, MI 48706

Estimated Value: $99,000 - $142,000

5 Beds
3 Baths
2,586 Sq Ft
$46/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $73,000 $28 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $880/month

42 Days on Market

About This Home

As of September 2021

Large 3 family rental unit. 2- 2 bedroom units & 1- 1 bedroom unit each with a stove,refrigerator and own furnace. Some newer vinyl windows. Roof is about 15yrs old. Full basement & 1+ detached garage for storage. Owner pay all utilities. 2 of the 3 units tenants have been there more than 3yrs. Solid home with a good income stream!

Last Agent to Sell the Property

Nancy Glaza

Century 21 Signature Realty - Bay City License #BCRA-6502355364 Listed on: 08/09/2021

Century 21 Signature Realty - Bay City

Last Buyer's Agent

Jess Faulmann

Berkshire Hathaway HomeServices, Bay City License #BCRA-6501402009

Berkshire Hathaway HomeServices, Bay City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1872

Lot Details

  • 10,019

Parking

  • 2 Car Detached Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Stone Basement

Additional Features

  • 2-Story Property
  • Lot Dimensions are 100x100
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 160-020-178-007-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,972

Year Built

Built in 1872

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: 1864.22
  • Year Built: 1872
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full, Brick, Stone
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2586

Exterior Features

  • Frontage: 100
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Sewer/Septic System: Storm, Public Sanitary

Lot Info

  • Assessor Parcel Number: 160-020-178-007-00
  • Lot Dimensions: 100x100
  • Lot Description: Large Lot - 65+ Ft.
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,678.46
  • Winter Tax: Year: 2020, Amount: $185.76
  • Taxable Value: 29706
  • Total Tax: Amount: $1,864.22
  • SEV Year: 2021

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 9, 2021
Closed on
Sep 27, 2021
Sold by
Rademacher Eugene L
Bought by
Vcm Rentals Llc
Seller's Agent
Nancy Glaza
Century 21 Signature Realty - Bay City
Buyer's Agent
Jess Faulmann
Berkshire Hathaway HomeServices, Bay City
List Price
$77,900
Sold Price
$73,000
Premium/Discount to List
-$4,900
-6.29%
Current Estimated Value
$119,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,167
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Jan 24, 2012
Sold by
Rademacher Sandra K
Bought by
Rademacher Eugene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,302
Interest Rate
3.95%
Mortgage Type
Unknown
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
Vcm Rentals Llc $73,000 None Available
Rademacher Eugene L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rademacher Eugene L $42,302
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $73,000 -6.3% $28 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $77,900 -- $30 / 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 $2,972 $54,450 $0 $0
2024 $2,619 $45,500 $0 $0
2023 $2,438 $42,800 $0 $0
2022 $2,841 $38,750 $0 $0
2021 $1,874 $36,550 $36,550 $0
2020 $1,951 $32,250 $32,250 $0
2019 $2,238 $30,300 $0 $0
2018 $2,212 $29,300 $0 $0
2017 $1,957 $29,000 $0 $0
2016 $1,946 $30,400 $0 $30,400
2015 $2,245 $26,850 $0 $26,850
2014 $2,245 $40,500 $0 $40,500
Source: Public Records

Agents Affiliated with this Home

  • Nancy Glaza

    Seller's Agent in 2021

    Nancy Glaza

    Century 21 Signature Realty - Bay City

    (989) 714-0424

    99 in this area

    260 Total Sales

    Nancy Glaza
    Section Image
  • Jess Faulmann

    Buyer's Agent in 2021

    Jess Faulmann

    Berkshire Hathaway HomeServices, Bay City

    (989) 439-5336

    41 in this area

    72 Total Sales

    Jess Faulmann
    Section Image
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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50051268

Bay County Realtor® Association MLS

APN: 09-160-020-178-007-00

Michigan Bay County Bay City 48706

409 N Chilson St, Bay City, MI

This home is located at 409 N Chilson St, Bay City, MI 48706 since 09 August 2021 and is currently estimated at $119,167, approximately $46 per square foot. This property was built in 1872. 409 N Chilson St is a home located in Bay County with nearby schools including Kolb 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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