NOT LISTED FOR SALE

505 S Sheridan St Bay City, MI 48708

Estimated Value: $90,000 - $125,000

4 Beds
2 Baths
1,189 Sq Ft
$91/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $85,500 $72 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $765/month

46 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • Private Entrance
  • Porch

About This Home

As of February 2023

Don't miss out on this multifamily unit investment property with new roof, windows, electrical and both furnaces Unit 1 is occupied currently renting out at $450 tenant pays consumers. Landlord pays water bill and takes care of lawn maintenance and snow removal. Unit 2 is vacant and currently remodeled.

Last Agent to Sell the Property

Sydney Schnell

Berkshire Hathaway HomeServices License #SBR-6501438491 Listed on: 12/09/2022

Berkshire Hathaway HomeServices

Last Buyer's Agent

Jordan Erwin

EXP Realty LLC License #MISPE-6501433098

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Private Entrance
  • Fenced Yard

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 160-028-439-002-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,132

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1132
  • Total Tax Year: 2020
  • Year Built: 1900
  • Mail City: Bay City
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Partial
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1189

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Exterior Features: Fenced Yard, Porch
  • Frontage: 50
  • Foundation Type: Basement

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Private Entry

Lot Info

  • Assessor Parcel Number: 160-028-439-002-00
  • Lot Dimensions: 50x110
  • Acreage: 0.13
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,025.00
  • Winter Tax: Year: 2020, Amount: $107.00
  • Taxable Value: 17255
  • Total Tax: Year: 2020, Amount: $1,132.00
  • SEV Year: 2021

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
Dec 9, 2022
Closed on
Mar 1, 2023
Sold by
Schnell Coty
Bought by
Sc Rentals & Real Estate Llc
Seller's Agent
Sydney Schnell
Berkshire Hathaway HomeServices
Buyer's Agent
Jordan Erwin
EXP Realty LLC
List Price
$99,000
Sold Price
$85,500
Premium/Discount to List
-$13,500
-13.64%
Views
262
Current Estimated Value
$107,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,218
Avg. Annual Appreciation
9.00%
Original Mortgage
$64,000
Outstanding Balance
$61,998
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$45,720

Purchase Details

Listed on
Jun 19, 2021
Closed on
Jan 14, 2022
Sold by
Biskupski Kristen L
Bought by
Schnell Coty
Seller's Agent
Linda McRae
Relax Real Estate
Buyer's Agent
Andie Holbrook
RE/MAX New Image
List Price
$55,000
Sold Price
$41,500
Premium/Discount to List
-$13,500
-24.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.78%
Original Mortgage
$33,200
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2016
Sold by
Biskupski Ii Daniel E
Bought by
Biskupski Kristen L

Purchase Details

Listed on
Sep 19, 2013
Closed on
Feb 24, 2014
Sold by
Rynalski George J and Rynalski Caroline
Bought by
Biskupski Ii Daniel E and Biskupski Kristen Leigh
Seller's Agent
Barbara Milkowski
Best Real Estate-Janca & Associates
Buyer's Agent
Linda McRae
Century 21 Signature-Freeland
List Price
$24,900
Sold Price
$16,500
Premium/Discount to List
-$8,400
-33.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%
Original Mortgage
$13,068
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2000
Sold by
Everitt Susan M
Bought by
Ryanlski George J and Ryanlski Caroline A
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
Sc Rentals & Real Estate Llc $85,500 Title Resource Agency
Schnell Coty $41,500 None Listed On Document
Biskupski Kristen L -- Attorney
Biskupski Ii Daniel E $16,500 None Available
Ryanlski George J $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sc Rentals & Real Estate Llc $64,000
Previous Owner Schnell Coty $33,200
Previous Owner Biskupski Ii Daniel E $13,068
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2023 02/22/23 Sold $85,500 -5.0% $72 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/16/2023 01/16/23 Price Changed $90,000 -9.1% $76 / Sq Ft
12/09/2022 12/09/22 For Sale $99,000 +138.6% $83 / Sq Ft
01/13/2022 01/13/22 Sold $41,500 -7.8% $28 / Sq Ft View Prior Sale
12/10/2021 12/10/21 Pending -- -- --
11/06/2021 11/06/21 Price Changed $45,000 -8.2% $30 / Sq Ft
09/27/2021 09/27/21 Price Changed $49,000 -10.9% $33 / Sq Ft
06/19/2021 06/19/21 For Sale $55,000 +233.3% $37 / Sq Ft
02/24/2014 02/24/14 Sold $16,500 -33.7% $8 / Sq Ft View Prior Sale
02/04/2014 02/04/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $24,900 -- $13 / 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 $2,401 $40,750 $0 $0
2024 $1,867 $33,050 $0 $0
2023 $1,316 $23,300 $0 $0
2022 $1,228 $22,750 $0 $0
2021 $1,348 $19,950 $19,950 $0
2020 $1,133 $17,550 $17,550 $0
2019 $1,113 $16,700 $0 $0
2018 $1,364 $16,400 $0 $0
2017 $1,093 $16,250 $0 $0
2016 $1,207 $17,900 $0 $17,900
2015 $1,613 $20,400 $0 $20,400
2014 $1,613 $24,800 $0 $24,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sydney Schnell

    Berkshire Hathaway HomeServices

    Section Image

  • J

    Buyer's Agent in 2023

    Jordan Erwin

    EXP Realty LLC

    Section Image

  • L

    Seller's Agent in 2022

    Linda McRae

    Relax Real Estate

    Section Image
  • Andie Holbrook

    Buyer's Agent in 2022

    Andie Holbrook

    RE/MAX Michigan

    (989) 284-5715

    12 in this area

    169 Total Sales

    Andie Holbrook
    Section Image

  • B

    Seller's Agent in 2014

    Barbara Milkowski

    Best Real Estate-Janca & Associates

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50097490

Michigan Multiple Listing Service

APN: 09-160-028-439-002-00

Michigan Bay County Bay City 48708

505 S Sheridan St, Bay City, MI

This home is located at 505 S Sheridan St, Bay City, MI 48708 since 09 December 2022 and is currently estimated at $107,718, approximately $90 per square foot. This property was built in 1900. 505 S Sheridan 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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