NOT LISTED FOR SALE

607 Columbus Ave Bay City, MI 48708

Estimated Value: $111,451

5 Beds
5 Baths
2,480 Sq Ft
$45/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $69,900 $28 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $702/month

25 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Many Trees
  • 2 Car Detached Garage

About This Home

As of August 2018

SUPER CASH FLOW FOR THIS 5 UNIT WHICH ARE ALL CURRENTLY RENTED. IT HAS TWO ONE BEDROOM APARTMENTS AND THREE EFFICIENCIES. ROOF AND ELECTRICAL HAVE BOTH BEEN UPDATED. OWNER PAYS ALL UTILITIES. BUILDING IS CERTIFIED UNTIL JUNE 2021.

Last Agent to Sell the Property

Mike Slezak

Century 21 Signature Realty - Bay City License #BCRA-6501262583 Listed on: 07/03/2018

Century 21 Signature Realty - Bay City

Last Buyer's Agent

Mike Slezak

Century 21 Signature Realty (Bay City) License #BCRA-211086

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66.5 x 100
  • Corner Lot
  • Many Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 160-028-252-015-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,536

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 2590.45
  • Total Tax Year: 2017
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Sub Room Description: Entry
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2480

Exterior Features

  • Construction: Brick
  • Frontage: 100
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 160-028-252-015-00
  • Location: Corner Lot
  • Lot Dimensions: 66.5 x 100
  • Acreage: 0.3
  • Lot Description: Treed
  • Zoning: Multi-Family, Commercial
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Electric, Gas, Taxes, Trash Removal, Water/Sewer
  • Total Expenses: 10763

Tax Info

  • Summer Tax: Year: 2017, Amount: $2,193.43
  • Winter Tax: Year: 2017, Amount: $397.02
  • Taxable Value: 36296
  • Total Tax: Year: 2017, Amount: $2,590.45
  • SEV Year: 2018

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Bay City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Sep 7, 2018
Sold by
Knodt Road Llc
Bought by
607 Columbus Llc
Seller's Agent
Mike Slezak
Century 21 Signature Realty - Bay City
Buyer's Agent
Mike Slezak
Century 21 Signature Realty (Bay City)
List Price
$75,900
Sold Price
$69,900
Premium/Discount to List
-$6,000
-7.91%
Current Estimated Value
$111,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,551
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Oct 8, 2001
Sold by
Kinkema John and Kinkema Kathy
Bought by
Knodt Road Llc

Purchase Details

Closed on
Aug 6, 2001
Sold by
Rau Thomas E and Rau Tammy L
Bought by
Kinkema John and Kinkema Kathy

Purchase Details

Closed on
May 5, 1995
Sold by
Brenay Gary and Brenay Brenda
Bought by
Rau Thomas E and Rau Tammy L
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
607 Columbus Llc $69,900 Crossroads Title
Knodt Road Llc -- --
Kinkema John $78,800 --
Rau Thomas E $57,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $69,900 -7.9% $28 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $75,900 -- $31 / 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 $3,536 $78,600 $0 $0
2024 $2,417 $74,700 $0 $0
2023 $2,656 $60,700 $0 $0
2022 $2,954 $49,650 $0 $0
2021 $2,569 $46,850 $2,800 $44,050
2020 $2,667 $46,150 $2,650 $43,500
2019 $3,137 $36,350 $0 $0
2018 $2,643 $38,300 $0 $0
2017 $2,590 $35,550 $0 $0
2016 $2,695 $37,000 $0 $37,000
2015 $3,151 $39,300 $0 $39,300
2014 $3,151 $44,200 $0 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 31352728

Bay County Realtor® Association MLS

APN: 09-160-028-252-015-00