NOT LISTED FOR SALE

1116 Gratiot Ave Saginaw, MI 48602

Estimated Value: $51,000 - $98,557

4 Beds
2 Baths
2,088 Sq Ft
$36/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $40,000 $19 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $586/month

51 Days on Market

About This Home

As of January 2018

Great income potential. Used as a rental, good rental history. Two units in building, each unit has 2 bedrooms, 1 full bath, & full basements. Freshly painted and new roof. Call today for your personal showing.

Last Agent to Sell the Property

Coty Lewis

NextHome Greater Tri-cities License #SBR-6502432123 Listed on: 11/13/2017

NextHome Greater Tri-cities

Co-Listed By

Brenda Vendelboe

NextHome Greater Tri-cities License #SBR-6501313279

Last Buyer's Agent

Linda Shephard

Pinnacle Realty License #SBR-6502392892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1874

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x103

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Saginaw Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18091200000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,074

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1874
  • Mail City: Saginaw
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Bathroom Description: Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2088

Exterior Features

  • Construction: Aluminum
  • Frontage: 50
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Basement

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 18091200000
  • Location: Main Street
  • Lot Dimensions: 50x103
  • Acreage: 0.1
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Year: 2017, Amount: $1,453.83
  • Winter Tax: Year: 2016, Amount: $172.72
  • Taxable Value: 18362
  • SEV Year: 2017

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Saginaw City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Murphy Michael S and Murphy Heather
Bought by
M & H Properties Llc
Current Estimated Value
$75,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,125
Outstanding Balance
$73,125
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$8,469

Purchase Details

Closed on
Apr 1, 2025
Sold by
Rockworth One Llc
Bought by
Murphy Michael S and Murphy Heather

Purchase Details

Closed on
Sep 15, 2020
Sold by
Rockworth One Llc
Bought by
Murphy Michael and Murphy Heather

Purchase Details

Listed on
Nov 13, 2017
Closed on
Dec 27, 2017
Sold by
Apex Bank
Bought by
Rockworth 1 Llc
Seller's Agent
Coty Lewis
NextHome Greater Tri-cities
Buyer's Agent
Linda Shephard
Pinnacle Realty
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Aug 22, 2016
Sold by
Chernich Deborah A and Chernich Daniel R
Bought by
Bank Of Camden and Apex Bank

Purchase Details

Closed on
May 29, 2007
Sold by
Federal National Mortgage Assoc
Bought by
Chernich Daniel R and Chernich Deborah A

Purchase Details

Closed on
Jun 26, 2006
Sold by
Billings Robert R and Billings Marlene K
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Jun 22, 2006
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Assoc

Purchase Details

Closed on
Jan 30, 2003
Sold by
Foster Craig C
Bought by
Billings Robert R and Billings Marlene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 1998
Sold by
Hasse Jeff P and Hasse Cris
Bought by
Foster Craig D

Purchase Details

Closed on
Nov 1, 1989
Sold by
Draper Jerry R and Draper Ellen M
Bought by
Hasse Jeff P and Hasse Cris

Purchase Details

Closed on
Sep 11, 1981
Sold by
Taub Charles J and Taub Barbara L
Bought by
Draper Jerry R and Draper Ellen M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
M & H Properties Llc -- None Listed On Document
Murphy Michael S $50,000 None Listed On Document
Murphy Michael -- Diversified National Title
Rockworth 1 Llc $40,000 --
Bank Of Camden $26,181 --
Chernich Daniel R $24,000 --
Wells Fargo Bank $46,200 --
Federal National Mortgage Assoc -- --
Billings Robert R $50,000 --
Billings Robert R $50,000 Lti
Foster Craig D $30,000 --
Hasse Jeff P -- --
Draper Jerry R $18,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & H Properties Llc $73,125
Previous Owner Billings Robert R $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold $40,000 -19.8% $19 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $49,900 -- $24 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,074 $33,500 $0 $0
2024 $2,074 $31,100 $0 $0
2023 $1,484 $27,000 $0 $0
2022 $2,116 $23,400 $0 $0
2021 $1,632 $22,200 $0 $0
2020 $1,371 $20,400 $0 $0
2019 $1,904 $21,300 $600 $20,700
2018 $1,174 $21,276 $0 $0
2017 $1,628 $19,750 $0 $0
2016 $1,562 $20,064 $0 $0
2014 -- $18,412 $0 $17,769
2013 -- $19,338 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coty Lewis

    Seller's Agent in 2018

    Coty Lewis

    NextHome Greater Tri-cities

    (989) 239-7545

    357 Total Sales

    Coty Lewis
    Section Image
  • Brenda Vendelboe

    Seller Co-Listing Agent in 2018

    Brenda Vendelboe

    NextHome Greater Tri-cities

    (989) 529-1166

    74 Total Sales

    Brenda Vendelboe
    Section Image
  • Linda Shephard

    Buyer's Agent in 2018

    Linda Shephard

    Pinnacle Realty

    (989) 295-3900

    191 Total Sales

    Linda Shephard
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31335347

Michigan Multiple Listing Service

APN: 91800912000000

Michigan Saginaw County Saginaw 48602

1116 Gratiot Ave, Saginaw, MI

This home is located at 1116 Gratiot Ave, Saginaw, MI 48602 since 13 November 2017 and is currently estimated at $75,889, approximately $36 per square foot. This property was built in 1874. 1116 Gratiot Ave is a home located in Saginaw County with nearby schools including Chester F. Miller School, Thompson Middle School, and Arthur Hill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2025 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.

Nearby Homes