2521 7th Street

Local assessors in Bay City, TX have categorized 2521 7th Street as a commercial type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 14,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 1,000 ft. As for the restroom situation, there are 6 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2521 7th Street has a total of 9,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2521 7th Street was last sold in Oct 12, 2021 for $394,012. According to our calculations, that's $43.78 per sqft. Current property owners are expected to pay $8,908 in taxes per year. The property on 2521 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $382,320. To break that down further, the land itself was valued at $74,620. While improvements to the property were assessed at a total of $307,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.