1 month on rocket

Sale Pending

500 S Sherman St, Bay City, MI, 48708

$124,900

Home List Price

$1,483*

Closing Credit

3 Bedrooms
2 Full Baths
1,624 SqFt
$77/SqFt
Multi

Location

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500 S Sherman St, Bay City$124,900

Buyer Closing Credits

$1,483*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarage, On Street, Unassigned/General
Garage2 spaces
Year Built1920
HeatingForced Air
BasementYes
MLS #50161112
Lot Size0.11 Acres
StatusSale Pending
(Pending)

About 500 S Sherman St

City Certified 2 Unit - Bay City. Well maintained.. This 2 unit is the perfect owner occupied home with 2 bedrooms on the main, full basement with laundry, and 2 car detached garage. The upper unit is a cute, comfortable, 1 bedroom, there is an additional room that contains the bathroom that is currently being used as a large closet. Home has been occupied by owners and family members since the original purchase in 2000, so rental rates do not reflect current market conditions. Located in a convenient location on the corner of 16th Street and Sherman. Appliances to remain, garage door opener is on 1 side only, electric in garage has been updated in 2023, both units have eat-in kitchens, and several rooms have been freshly painted. Make your appointment today.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,624 SqFt

Listing Office:

  • Office Name: Priority One Real Estate
  • Office Phone: (989) 225-7782
  • Listing Agent: Shellie Schlicker

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch, Sidewalks, Storms/Screens, Street Lights

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage, On Street, Unassigned/General

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

School District Information:

  • School District: Bay City School District

Other

Directions Information:

  • Directions: Corner of 16th Street and Sherman

Price Information

Listing Price Info

Price Summary:

  • List Price: $124,900
  • Price Per SqFt: $77/SqFt

Tax Information:

  • Annual Amount: $1,389
  • 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

500 S Sherman St vs Bay City

41 DAYS ON ROCKET

+17 Days

$124,900

-$15.2K Less

$77/SqFt

-$30 Less

KEY TAKEAWAY

This property is $15.2K less than the Median Sold Price and $30/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: #50161112

Listing Office:

  • Office Name: Priority One Real Estate
  • Office Phone: (989) 225-7782
  • Listing Agent: Shellie Schlicker

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: 12/26/2024, 6:21:01 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 - $24,400
2020$1,389$21,450
2019$1,116$19,850
2018$1,199$19,400
2017$1,199$19,200

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-1603290
4
/10

  • Washington Elementary School

  • 1821 McKinley St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-1603291
4
/10

  • Macgregor Elementary School

  • 1012 Fremont St

  • 1.02 miles

  • Public District Grades PK-5

school-card-donut-1603292
6
/10

  • Hampton Elementary School

  • 1908 W Youngs Ditch Rd

  • 1.17 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 $40,690. Most Bay City, MI residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Bay County›Bay City›48708›500 S Sherman St

This home is located at 500 S Sherman St in Bay City, MI and zip code 48708. This 1,624 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $124,900.

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 number of homes for sale in Bay City, MI decreased by 8.3% between October 2024 and November 2024. 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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