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$107,900

Beds
3
Baths
2.0
sq ft
1,690

421 Garfield Ave, Bay City, MI 48708

421 Garfield Ave

Bay City, MI 48708

  • 18 days on market
This historical home offers endless potential for those looking for the perfect candidate to restore and update! This 3-bedroom, 2-bathroom home has an abundance of charm and character, with original wood floors, woodwork & craftsmanship that are hard to find in modern homes. The kitchen has already been updated, with flooring on site, and includes newer stainless steel appliances & granite countertops. The unfinished basement provides ample storage space or the opportunity to expand living areas. There is a bonus/flex space room on the main floor. This home is a must-see for those who appreciate classic & historical homes! Key Features: Classic wooden details and historic craftsmanship throughout Original hardwood floors with potential to refinish Spacious rooms with high ceilings Downstairs bathroom also contains a stand-up shower for added convenience. Unfinished basement with excellent storage and expansion possibilities Water heater replaced May 2024. Conveniently located & close to everything Bay City has to offer! This home offers a unique opportunity for the right buyer to bring it into the modern age while preserving its rich history. Whether you're an investor or a homeowner looking to make this historical beauty your own, the possibilities are endless. *Please note fireplace does NOT work

Details

Property type

Single Family Residence

Est. home value

$82,021

Lot size

4,792 sq ft

Price per sq ft

$64

Year built

1880

Annual property taxes

$1,658.39

Price History

12/04/2024
Realcomp

Realcomp #61050162434

Listed
$107,900
+61.04%
08/08/2022
Realcomp

Realcomp #65022033911

Sold
$67,000
+28.85%
09/07/2018
Realcomp

Realcomp #61031346297

Sold
$52,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bay City

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$40,830
Asking price
$107,900
Closing costs (~8% of asking)
-$8,632
Est. remaining loan balance
-$58,438
Cash to seller
$40,830

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Churchill Mortgage Corp

Loan start date

August 2022

Original loan amount

$60,300

Est. remaining balance

$58,438

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Jason Leonard Rice

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 1:40 PM

Listing updated: 12/06/2024 at 5:55 PM

Listed by: Alaina Poulos, Keller William Preferred Phone #: (989) 792-8200

MLS: Realcomp #61050162434

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