NOT LISTED FOR SALE

11438 N Saginaw St Mount Morris, MI 48458

Estimated Value: $113,000 - $159,000

4 Beds
3 Baths
1,620 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $80,000 $49 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $925/month

195 Days on Market

Highlights

  • Farmhouse Style Home
  • Covered Patio or Porch
  • Dogs Allowed

About This Home

As of September 2020

Great Investment opportunity. Add this to your existing portfolio or live in one unit and have the other units pay your mortgage. All units are rented. Tenants pay their own electric bills. All units have separate entrances. Upstairs unit is large and was updated at the end of 2019 with new flooring, paint, and tub enclosure. Downstairs units were updated 2018. Building is in downtown Mount Morris. Easy access to both the 475 and 75 freeways. BATVAI

Last Agent to Sell the Property

Keta Rocha

Burrell Real Estate License #6501403416 Listed on: 01/24/2020

Last Buyer's Agent

Noelle Heller

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66.00x99.00

Parking

  • Unassigned Parking

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1,620 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Electric Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5707100023

Community Details

Overview

  • 3 Units

Pet Policy

  • Limit on the number of pets
  • Dogs Allowed
  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,569

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Farmhouse
  • Architecture Level: 2 Story
  • Year Built: 1920
  • State Equalized Value: 27600.0000
  • Foundation Features: Sump Pump
  • Pets Allowed: Dogs OK | Number Limit | Size Limit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Type: Unfinished
  • Sq Ft Combined: 1620
  • Total Sq Ft: 1620
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block, Stone
  • Frontage Feet: 66
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Radiant
  • Sewer: Sewer at Street
  • Water Heater Fuel: Electric
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Mt. Morris

Lot Info

  • List Price per Acre: 599333.3333
  • Lot Size Area: 0.15
  • Lot Dimensions: 66.00X99.00
  • Parcel Number: 5707100023
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 1350

Tax Info

  • Tax Amount Summer: 1017.0000
  • Tax Amount Winter: 552.0000
  • Total Tax: 1569.0000
  • Taxable Value: 27600.0000

Multi Family

  • Gross Scheduled Income: 16200.00
  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Mt. Morris

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Oct 19, 2020
Sold by
Mccall Athena
Bought by
Nino Mac Investment Group Llc
Seller's Agent
Keta Rocha
Burrell Real Estate
Buyer's Agent
Noelle Heller
List Price
$99,500
Sold Price
$80,000
Premium/Discount to List
-$19,500
-19.6%
Current Estimated Value
$133,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,128
Avg. Annual Appreciation
10.48%
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2020
Closed on
Sep 11, 2020
Sold by
L & T Assets Llc
Bought by
Mccall Athena
Seller's Agent
Keta Rocha
Burrell Real Estate
Buyer's Agent
Noelle Heller
List Price
$99,500
Sold Price
$80,000
Premium/Discount to List
-$19,500
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2016
Closed on
Mar 30, 2018
Sold by
Sydow Todd and Sydow Shelly
Bought by
L7t Assets Llc
Seller's Agent
Lucy Ham
Ham Group Realty
Buyer's Agent
Terri Hutchison
Elite Real Estate Professionals, Inc.
List Price
$49,900
Sold Price
$30,000
Premium/Discount to List
-$19,900
-39.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.75%

Purchase Details

Closed on
Apr 16, 2007
Sold by
Jones Burton I and Jones Patricia A
Bought by
Sydow Todd and Sydow Shelly
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Nino Mac Investment Group Llc -- Oliver Jennifer
Mccall Athena $80,000 Mason Burgess Title Agency
L7t Assets Llc $30,000 Liberty Title
Sydow Todd $70,000 Guaranty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccall Athena $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2020 09/17/20 Sold $80,000 -11.0% $49 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $89,900 -9.6% $55 / Sq Ft
06/03/2020 06/03/20 For Sale $99,500 0.0% $61 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
02/11/2020 02/11/20 Price Changed $99,500 -11.2% $61 / Sq Ft
01/24/2020 01/24/20 For Sale $112,000 +273.3% $69 / Sq Ft
03/30/2018 03/30/18 Sold $30,000 -39.9% $18 / Sq Ft View Prior Sale
02/21/2018 02/21/18 Pending -- -- --
08/23/2016 08/23/16 For Sale $49,900 -- $30 / Sq Ft
Source: Realcomp

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 $2,713 $55,900 $0 $0
2024 $1,395 $49,700 $0 $0
2023 $1,332 $45,800 $0 $0
2022 $2,470 $37,800 $0 $0
2021 $2,447 $34,400 $0 $0
2020 $1,032 $31,600 $0 $0
2019 $1,017 $27,600 $0 $0
2018 $655 $23,800 $0 $0
2017 $1,165 $19,600 $0 $0
2016 $1,155 $18,000 $0 $0
2015 -- $17,200 $0 $0
2014 -- $20,600 $0 $0
2012 -- $20,400 $20,400 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Keta Rocha

    Burrell Real Estate

  • N

    Buyer's Agent in 2020

    Noelle Heller

  • Lucy Ham

    Seller's Agent in 2018

    Lucy Ham

    Ham Group Realty

    (810) 659-6569

    50 in this area

    535 Total Sales

    Lucy Ham
    Section Image

  • T

    Buyer's Agent in 2018

    Terri Hutchison

    Elite Real Estate Professionals, Inc.

    Section Image
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Map

Source: Realcomp

MLS Number: 2200006509

Realcomp

APN: 57-07-100-023

Michigan Genesee County Mount Morris 48458

11438 N Saginaw St, Mount Morris, MI

This home is located at 11438 N Saginaw St, Mount Morris, MI 48458 since 24 January 2020 and is currently estimated at $133,128, approximately $82 per square foot. This property was built in 1920. 11438 N Saginaw St is a home located in Genesee County with nearby schools including Elisabeth Ann Johnson High School and St. Mary's 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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