8 days on rocket

16 Cove Dr, Bay City, MI, 48706

$309,000

Home List Price

$3,669*

Closing Credit

2 Bedrooms
2 Full Baths
1,440 SqFt
$215/SqFt
Condo

Location

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16 Cove Dr, Bay City$309,000

Buyer Closing Credits

$3,669*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingTwoCarGarage, Assigned2Spaces, Attached
Attached Garage2 spaces
Year Built2024
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air
WaterfrontBoat Facilities, Lake Privileges
MLS #61050163029
StatusActive

About 16 Cove Dr

DOES A RIVERFRONT CONDO WITH APPX 50% REDUCED PROPERTY TAXES SOUND APPEALING? READ ON! Looking for a sparkling new space that has it all? Look no further! These brand new condos on the Saginaw River bring a multitude of features that will check all the boxes in your luxury home search. This 2 bed/2 bath is at the stage of construction where you can add some of your own customization and still have it completed in about 30 days. This unit features a superior 1440 sf floorplan on the interior circle of the development with a partial river view and features river access via the expansive common areas and the next door marina (Wheeler's Landing). It will boast all the amenities savvy upscale buyers are seeking including granite counters, stainless appliances, ceramic floors, walk in ceramic shower and two full baths, a master suite, dedicated laundry room, covered stamped concrete patio, 9' ceilings, attached garage (insulated and drywalled). All this and they are situated upon state of the art, engineered foundation systems with fully barrier free access into the home space. Apart from the water being close by, the overall location of these spaces is so desirable. The Riverbend West park is next door and offers walking, biking and a place to walk dogs. Across the street is DeFoe Park with a skate park, play equipment, ball fields and recreation areas. The Saginaw Bay is very close by boat and all the shopping, restaurants and night life of Bay City are minutes away (by boat or by car)... as is health care. And what is really special is that while all these amenities are nearby, because of its location, an abundance of beautiful wildlife can be spotted on and near the grounds, including deer and eagles. Brand new construction and a modest HOA fee makes the way to a maintenance free lifestyle. Additionally, the State of Michigan has approved the NEZ zone requested by the developers. This will result in approximately a 50% reduction in property taxes for 15 years. One year social membership at Wheele

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2024
  • Living Area: 1,440 SqFt

Listing Office:

  • Office Name: Coldwell Banker Professionals
  • Office Phone: (989) 631-1234
  • Listing Agent: Anna Merillat

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Boat Facilities, Lake Privileges

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: TwoCarGarage, Assigned2Spaces, Attached

Lot Features

Lot Information:

  • Lot: City Lot

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,000
  • Price Per SqFt: $215/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $87
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bay City, MI.

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Bay City, MI

City

Med. Sold Price

$140.1K

Med. Price/SqFt

$107

Avg. Days On Market

24

# of Sold Homes

46

16 Cove Dr vs Bay City

8 DAYS ON ROCKET

-16 Days

$309,000

+$168.8K More

$215/SqFt

+$108 More

KEY TAKEAWAY

This property is $168.8K more than the Median Sold Price and $108/SqFt more than other homes in Bay City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Saginaw Board of REALTORS
  • MLS Number: #61050163029

Listing Office:

  • Office Name: Coldwell Banker Professionals
  • Office Phone: (989) 631-1234
  • Listing Agent: Anna Merillat

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $9,000
2020$87$9,000
2019$85$9,000
2018$85$9,000
2017$85$5,000

History based on county public records data.

Payment Calculator

$1,910

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$993

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-717120
4
/10

  • Washington Elementary School

  • 1821 McKinley St

  • 1.41 miles

  • Public District Grades PK-5

school-card-donut-717121
5
/10

  • Kolb Elementary School

  • 305 W Crump St

  • 1.43 miles

  • Public District Grades PK-5

school-card-donut-717122
5
/10

  • Bangor West Central School

  • 3175 Wilder Rd

  • 2.05 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,882. Typical income of Bay City, MI residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Cove Dr

What is the listing price of this property?

The listing price of 16 Cove Dr property is $309,000.

What type of property is this?

The property 16 Cove Dr is a condo located in Bay City, Michigan, 48706.

Is this property for sale now?

Active Listing: 16 Cove Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $87 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16 Cove Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16 Cove Dr is 1,440 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Cove Dr is 2024.

Rocket Homes›Michigan›Bay County›Bay City›48706›16 Cove Dr

This home is located at 16 Cove Dr in Bay City, MI and zip code 48706. This 1,440 square foot home was built in 2024. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $309,000.

Bay City, MI housing market in November 2024 saw over 14 listings sold above listed price, more than 8 sold at listed price and over 24 sold below. The inventory of homes for sale in Bay City, MI between October 2024 and November 2024 decreased by 8.3%. While the average time on the market in November 2024 was 24 days, the median list price was $140,139.

From Rocket Homes Real Estate and based on county public records data.

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