4 months on rocket

311 N Sherman St, Bay City, MI, 48708

$72,400

Home List Price

$860*

Closing Credit

4 Bedrooms
2 Full Baths
3,484 SqFt
$21/SqFt
Multi

Location

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311 N Sherman St, Bay City$72,400

Buyer Closing Credits

$860*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1900
HeatingWall Furnace, Forced Air
BasementYes
MLS #50151000
Lot Size0.15 Acres
StatusActive

About 311 N Sherman St

This multi-unit property offers a versatile investment with great potential. The spacious lower unit features 3 bedrooms, providing ample living space. The upstairs unit is a well-maintained, cozy 1-bedroom apartment. Additionally, the property includes a storefront space currently utilized for storage, offering potential for additional rental income.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 1
  • Living Area: 3,484 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices, Bay City
  • Office Phone: (989) 892-8888
  • Listing Agent: Hechlik Group

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace, Forced Air

School Info

School District Information:

  • School District: Bay City School District

Other

Directions Information:

  • Directions: sherman and 9th

Price Information

Listing Price Info

Price Summary:

  • List Price: $72,400
  • Price Per SqFt: $21/SqFt

Tax Information:

  • Annual Amount: $1,056
  • 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

311 N Sherman St vs Bay City

138 DAYS ON ROCKET

+114 Days

$72,400

-$67.7K Less

$21/SqFt

-$86 Less

KEY TAKEAWAY

This property is $67.7K less than the Median Sold Price and $86/SqFt less than other homes in Bay City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Bay County REALTOR Association
  • MLS Number: #50151000

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices, Bay City
  • Office Phone: (989) 892-8888
  • Listing Agent: Hechlik Group

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 2:21:02 AM 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 - $16,750
2020$1,056$13,150
2019$779$12,350
2018$927$11,900
2017$927$11,600

History based on county public records data.

Payment Calculator

$429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$284

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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-850638
4
/10

  • Washington Elementary School

  • 1821 McKinley St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-850639
6
/10

  • Hampton Elementary School

  • 1908 W Youngs Ditch Rd

  • 1.33 miles

  • Public District Grades PK-5

school-card-donut-850640
5
/10

  • Kolb Elementary School

  • 305 W Crump St

  • 1.43 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,409. Typical income of Bay City, MI residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Bay County›Bay City›48708›311 N Sherman St

This home is located at 311 N Sherman St in Bay City, MI and zip code 48708. This 3,484 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $72,400.

In November 2024 more than 14 listings in Bay City, MI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 24 were sold below. The number of listings in Bay City, MI decreased by 8.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $140,139, while the average time on the real estate market was 24 days.

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

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