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Off market
  • $94,300

    517 Garfield Ave, Bay City, MI 48708

    3beds
    3baths
    1,728sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $94,300 Zestimate®
    $55/sqft
    $1,236 Estimated rent

    Home value

    $94,300

    $76,000 - $113,000

    $1,236/mo

    Zestimate® history
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    Owner options

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    $1,236/mo

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    $1,236/mo

    Rent Zestimate®

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    $509/mo

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    $509/mo

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    What's special

    East side 3-unit with full basement. In 2015 owner replaced the roof, soffit & facia, painted the slate exterior siding and replaced the 1st floor windows. Asphalt parking slab off the alley was re-sealed approx 2 years ago and fits 3-4 cars. New water heater in 2020. All tenants have access to the basement, there is a storage locker for each unit. All appliances stay. ALL units have long term tenants who make their payment by direct deposit into owners account. Unit 1 is a lower 1 bedroom - rent $550, tenant has been there 5 years. Unit 2 is a lower efficiency unit, this tenant has been there 10 years and he takes care of lawn maintenance & snow shoveling - rent $330. Unit 3 is an upper 1 bedroom - rent $481, tenant has been there over 14 years. All 3 tenants want to remain with the new owner, they do not want to move. All tenants are on a month-to-month basis. Owner pays all utilities (I have added a photo of the utility amounts from 2020). All showings scheduled thru listing agent

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Forced air
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,728 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: 16002833700500

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Bay City

    Price history

    DateEventPrice
    5/26/2021Sold$50,000-16.5%$29/sqft
    Source: MiRealSource #50038449 Report a problem
    5/7/2021Pending sale$59,900$35/sqft
    Source: RE/MAX of Michigan #50038449 Report a problem
    5/3/2021Listed for sale$59,900$35/sqft
    Source: RE/MAX of Michigan #50038449 Report a problem
    4/29/2021Pending sale$59,900$35/sqft
    Source: RE/MAX of Michigan #50038449 Report a problem
    4/9/2021Listed for sale$59,900+274.4%$35/sqft
    Source: RE/MAX of Michigan #50038449 Report a problem
    6/30/2016Sold$16,000$9/sqft
    Source: Public Record Report a problem
    1/5/2015Sold$16,000$9/sqft
    Source: MiRealSource #30826844 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,753 +5.6%$35,100 +20.4%
    2024$1,660 $29,150 +6.4%
    2023-- $27,400 +11.6%
    2022-- $24,550 +19.8%
    2021-- $20,500 +13.6%
    2020$1,127 $18,050 +5.2%
    2019-- $17,150 +2.4%
    2018$1,127 -6.1%$16,750 +0.9%
    2017$1,200 $16,600 -6.7%
    2016$1,200 $17,800 -0.6%
    2015$1,200 +60.9%$17,900 +22.6%
    2014$746 $14,600 -22.8%
    2013-- $18,900 -16.9%
    2012-- $22,750
    2011-- $22,750
    2010-- $22,750
    2009-- $22,750 -20.5%
    2008-- $28,600 -3.5%
    2007-- $29,650 -1%
    2006-- $29,950
    2005-- $29,950 +11.3%
    2004-- $26,900 +8.9%
    2003-- $24,700 +5.1%
    2002$1,368 $23,500 +9.3%
    2000-- $21,500

    Find assessor info on the county website

    Neighborhood: 48708

    Nearby schools

    GreatSchools rating
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