NOT LISTED FOR SALE

707 N Linn St Bay City, MI 48706

Estimated Value: $97,000 - $136,000

4 Beds
2 Baths
1,806 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $53,000 $29 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $756/month

21 Days on Market

Highlights

  • Farmhouse Style Home
  • Porch
  • Forced Air Heating System

About This Home

As of August 2020

Cash Flow is Good. Fully rented Money Maker Currently rented by 1 Family. Or Ideal owner occupied 2-unit. Separate Drives. Separate Electric. Priced for Quick Sale.

Last Agent to Sell the Property

Wade Eckenrod

RE/MAX Results License #BCRA-6506034867 Listed on: 06/24/2020

RE/MAX Results

Last Buyer's Agent

The Ryan Valdera Erica Roseberry Team

Berkshire Hathaway HomeServices, Bay City License #BCRA

Berkshire Hathaway HomeServices, Bay City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 63x100

Parking

  • 3 Car Parking Spaces

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 160-020-226-017-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,918

Year Built

Built in 1890

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
  • Styles: Farm House
  • Total Tax Amount: 1432.94
  • Total Tax Year: 2019
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1806

Exterior Features

  • Construction: Aluminum, Brick
  • Exterior Features: Porch, Sidewalks
  • Foundation Type: Basement
  • Roads: Curbed, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Window Unit(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 160-020-226-017-00
  • Lot Dimensions: 63x100
  • Acreage: 0.14
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Gas, Taxes
  • Lease Information: Gas Included

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,311.62
  • Winter Tax: Year: 2019, Amount: $121.32
  • Taxable Value: 21504
  • Total Tax: Year: 2019, Amount: $1,432.94
  • SEV Year: 2019

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
Jun 27, 2017
Closed on
Dec 29, 2017
Sold by
Rasmer Richard T and Rasmer Patricia A
Bought by
Sklar Brian and Schollard Robert J
Seller's Agent
Nancy Billingsley
Bay Area Real Estate
Buyer's Agent
The Ryan Valdera Erica Roseberry Team
Berkshire Hathaway HomeServices, Bay City
List Price
$59,900
Sold Price
$51,000
Premium/Discount to List
-$8,900
-14.86%
Current Estimated Value
$109,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,380
Avg. Annual Appreciation
10.17%
Original Mortgage
$38,250
Outstanding Balance
$32,487
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$74,689

Purchase Details

Closed on
Nov 8, 1986
Sold by
Thorp Frieda and Thorp Wesley
Bought by
Rasmer Richard T and Rasmer Patricia A
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
Sklar Brian $51,000 None Available
Rasmer Richard T $13,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sklar Brian $38,250
Previous Owner Mushenski Karey $2,797
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $53,000 -6.9% $29 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $56,900 +11.6% $32 / Sq Ft
12/29/2017 12/29/17 Sold $51,000 -14.9% $32 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $59,900 -- $37 / 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 $1,918 $39,850 $0 $0
2024 $1,673 $33,100 $0 $0
2023 $1,593 $31,100 $0 $0
2022 $1,730 $28,050 $0 $0
2021 $1,640 $26,000 $26,000 $0
2020 $1,460 $22,900 $22,900 $0
2019 $1,433 $21,750 $0 $0
2018 $1,673 $21,000 $0 $0
2017 $1,381 $20,800 $0 $0
2016 $1,373 $21,700 $0 $21,700
2015 $1,499 $20,300 $0 $20,300
2014 $1,499 $22,900 $0 $22,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50016367

Bay County Realtor® Association MLS

APN: 09-160-020-226-017-00