NOT LISTED FOR SALE

501 Elm St Bay City, MI 48706

Estimated Value: $83,000 - $114,003

3 Beds
1 Bath
1,155 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $42,000 $36 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $672/month

19 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Wood Flooring
  • Shed
  • Wood Siding

About This Home

As of January 2018

Excellent starter home or rental featuring a new metal roof over the main section of the home in '11, freshly painted exterior, 2 car garage plus a 10x12 shed for all your storage needs. Hardwood floors in all bedrooms and the living room which also offers a cozy wood burning fireplace. Spacious kitchen as well as a separate dining room. Per prior listing boiler is approx. 8-9 years old. ALL appliances are included! Immediate possession too.

Last Listed By

John Johnson

RE/MAX Results License #BCRA-6506031293 Listed on: 11/21/2017

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92

Year Built

  • 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 2 Car Detached Garage

Home Design

  • 1,155 Sq Ft Home
  • Ranch Style House
  • Wood Siding

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Oven or Range
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 160-016-327-015-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$92

Year Built

1920

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1920

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 8 x 9
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 9
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 1st Floor, Dimensions: 9 x 9
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On 1st Floor, Dimensions: 9 x 13
  • Dining Room Floor Covering: Ceramic
  • Kitchen: On 1st Floor, Dimensions: 11 x 11
  • Kitchen Floor Covering: Ceramic
  • Living Room: On 1st Floor, Dimensions: 26 x 11
  • Living Room Floor Covering: Wood
  • Other Room1: Dimensions: 8x8, On Level: First
  • Above Grade Finished Sq Ft: 1155

Exterior Features

  • Exterior: Wood
  • Foundation: Crawl
  • Frontage: 50
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 160-016-327-015-00
  • Zoning: Residential
  • Lot Dimensions: 50 X 100
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,112.00
  • Winter Tax: Year: 2016, Amount: $91.00
  • Taxable Value: 16400
  • SEV Year: 2016

MLS Schools

  • School District: Bay City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Laney Christina
Bought by
Laney Christina and Laney Rodney T
Total Days on Market
19
Current Estimated Value
$102,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$26,694
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$66,728

Purchase Details

Listed on
Nov 21, 2017
Closed on
Jan 8, 2018
Sold by
Palmer Chad
Bought by
Beebe Christina
Seller's Agent
John Johnson
RE/MAX Results
Buyer's Agent
Agent Non-Member
non-member
List Price
$45,000
Sold Price
$42,000
Premium/Discount to List
-$3,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%
Original Mortgage
$37,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2011
Sold by
Welskop Barbara J
Bought by
Palmer Chad

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
Laney Christina -- --
Beebe Christina $42,000 None Available
Palmer Chad $27,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laney Christina $30,000
Previous Owner Beebe Christina $37,800
Previous Owner Palmer Chad $26,549
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2018 01/08/18 Sold $42,000 -6.7% $36 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $45,000 -- $39 / 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
2024 $1,175 $39,600 $0 $0
2023 $970 $30,600 $0 $0
2022 $1,114 $27,800 $0 $0
2021 $1,048 $26,300 $26,300 $0
2020 $1,114 $23,450 $23,450 $0
2019 $1,090 $22,500 $0 $0
2018 $822 $22,300 $0 $0
2017 $1,103 $21,950 $0 $0
2016 $1,096 $21,800 $0 $21,800
2015 $1,065 $21,550 $0 $21,550
2014 $1,065 $19,900 $0 $19,900
Source: Public Records

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Source: Bay County Realtor® Association MLS

MLS Number: 2172226

Bay County Realtor® Association MLS

APN: 09-160-016-327-015-00