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Sold for $54,900
  • $54,900

    501 S Madison Ave, Bay City, MI 48708

    3beds
    3,615sqft
    Single Family Residence
    Built in 1920
    4,791 Square Feet Lot
    $130,400 Zestimate®
    $15/sqft
    $1,247 Estimated rent

    Home value

    $130,400

    $99,000 - $163,000

    $1,247/mo

    Zestimate® history
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    What's special

    Updated plumbingNewer rubber roof
    Originally built in 1920, this unique property began life as a neighborhood saloon before becoming a residence over the years. Offering approximately 3615 square feet, this property features a 3-bedroom layout with 1 1/2 bathrooms in its current configuration, with the potential to create additional flexible living spaces. The upstairs bathroom will make the primary bedroom a suite. The layout provides endless possibilities for a large single-family home, multi-generational living, or other uses permitted by local zoning R2. Major improvements include a newer rubber roof and some updated plumbing The home does need updating, particularly in the bathrooms and damage to ceilings from previous leaks, making it an excellent choice for investors, restoration enthusiasts, or buyers looking to build equity through renovation. Original details from the building's early days still remain, adding charm and character that simply can't be recreated in newer construction. Whether you appreciate historic architecture or enjoy bringing older homes back to life, you'll find plenty of inspiration here! This is not a move-in-ready home, but it is a rare opportunity to own a distinctive historic property with tremendous upside. A cash buyer is preferred. Bring your vision and transform this one-of-a-kind building into something extraordinary!

    Zillow last checked:

    Listing updated:

    Listed by:

    Charlene M Rupp 989-233-3301,

    Bay Area Real Estate

    Bought with:

    Annette Jeske, 6501423176

    Bay Area Real Estate

    Source: MiRealSource,MLS#: 50212849MLS LogoOriginating MLS: Bay County REALTOR Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom 1
    • Features: Wood
    • Level: Second
    • Area: 180
    • Dimensions: 12 x 15
    Bedroom 2
    • Features: Carpet
    • Level: Second
    • Area: 120
    • Dimensions: 8 x 15
    Bedroom 3
    • Features: Wood
    • Level: Second
    • Area: 130
    • Dimensions: 10 x 13
    Bathroom 1
    • Features: Wood
    • Level: Second
    • Area: 143
    • Dimensions: 11 x 13
    Dining room
    • Features: Wood
    • Level: First
    • Area: 120
    • Dimensions: 8 x 15
    Family room
    • Features: Carpet
    • Level: First
    • Area: 1650
    • Dimensions: 33 x 50
    Kitchen
    • Features: Laminate
    • Level: First
    • Area: 208
    • Dimensions: 13 x 16
    Living room
    • Features: Wood
    • Level: First
    • Area: 204
    • Dimensions: 12 x 17
    Heating
    • Hot Water, Natural Gas
    Features
    • Flooring: Wood, Carpet, Laminate
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 5,815
    • Total interior livable area: 3,615 sqft
    • Finished area above ground: 3,615
    • Finished area below ground: 0

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Frontage type: Road
    • Frontage length: 50
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 50 x 100
    Details
    • Parcel number: 16002841000100
    • Special conditions: Private

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Siding
    • Foundation: Basement
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sanitary
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Phillip Simons Sub
    HOA
    • Has HOA: No
    Location
    • Region: Bay City

    Financial & listing details

    • Price per square foot: $15/sqft
    • Tax assessed value: $95,700
    • Annual tax amount: $1,473
    • Date on market: 6/25/2026
    • Cumulative days on market: 107 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/22/2026Sold$54,900$15/sqft
    Source: MiRealSource #50212849 Report a problem
    10/10/2026Pending sale$54,900$15/sqft
    Source: MiRealSource #50212849 Report a problem
    10/8/2026Price change$54,900-8.3%$15/sqft
    Source: MiRealSource #50212849 Report a problem
    9/30/2026Price change$59,900-7.7%$17/sqft
    Source: MiRealSource #50212849 Report a problem
    8/5/2026Price change$64,900-4.4%$18/sqft
    Source: MiRealSource #50212849 Report a problem
    6/25/2026Listed for sale$67,900+35.8%$19/sqft
    Source: MiRealSource #50212849 Report a problem
    2/20/2015Sold$50,000-47.4%$14/sqft
    Source: Public Record Report a problem
    11/19/2009Sold$95,000$26/sqft
    Source: Public Record Report a problem
    2/8/2008Sold$95,000$26/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,431 +5.8%$47,850 +11.9%
    2024$1,352 $42,750 +21.3%
    2023-- $35,250 +9%
    2022-- $32,350 +4.2%
    2021-- $31,050 +6%
    2020$1,247 $29,300 +8.5%
    2019-- $27,000 +2.5%
    2018$1,247 +2.7%$26,350 -9.1%
    2017$1,214 $29,000 +17.6%
    2016$1,214 $24,650 -19.7%
    2015$1,214 -33.2%$30,700 +5.7%
    2014$1,818 $29,050
    Find assessor info on the county website

    Neighborhood: 48708

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Bay City School District

    Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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