NOT LISTED FOR SALE

1200 Adams St Saginaw, MI 48602

Heritage Square Neighborhood

Estimated Value: $83,000 - $98,000

5 Beds
2 Baths
2,568 Sq Ft
$35/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $51,500 $20 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $676/month

325 Days on Market

Highlights

  • Fenced Yard
  • Fireplace
  • Forced Air Heating System
  • 3 Car Detached Garage

About This Home

As of April 2015

You could live rent free. Let the upstairs rent pay your mortgage payment! Great 2 unit. 3 car garage. What more can you ask for!

Last Agent to Sell the Property

Rick Willson

JPAR - Great Lakes Bay Region License #SBR-6501235098 Listed on: 03/31/2014

JPAR - Great Lakes Bay Region

Last Buyer's Agent

Rick Willson

JPAR - Great Lakes Bay Region License #SBR-6501235098 Listed on: 03/31/2014

JPAR - Great Lakes Bay Region

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1894

Lot Details

  • Lot Dimensions are 50x118
  • Fenced Yard

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dishwasher
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 16044500000

Property Details

Home Type

Multi-Family

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Originating MLS: Saginaw
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1540
  • Total Tax Year: 2014
  • Year Built: 1894
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Fireplace: Yes
  • Fireplace Features: Dinroom Fireplace
  • Basement: Yes
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 2568

Exterior Features

  • Exterior Features: Fenced Yard
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 3

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: 16044500000
  • Lot Dimensions: 50x118
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $1,267.00
  • Winter Tax: Year: 2013, Amount: $273.00
  • Taxable Value: 29401
  • Total Tax: Year: 2014, Amount: $1,540.00
  • SEV Year: 2014

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Saginaw City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2014
Closed on
Apr 14, 2015
Sold by
Shandon Shandon
Bought by
Herman Jonathan S and Herman Elizabeth
Seller's Agent
Rick Willson
JPAR - Great Lakes Bay Region
Buyer's Agent
Rick Willson
JPAR - Great Lakes Bay Region
List Price
$61,900
Sold Price
$51,500
Premium/Discount to List
-$10,400
-16.8%
Current Estimated Value
$89,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,122
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Dec 7, 2005
Sold by
Otter Jason
Bought by
Geilhart Shandon

Purchase Details

Closed on
Dec 22, 2004
Sold by
Bank Of New York
Bought by
Otter Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
The Bank Of New York
Bought by
Otter Jason B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Equicredit Corp Of America
Bought by
Bank Of New York

Purchase Details

Closed on
Feb 12, 2004
Sold by
Quinn Erin S
Bought by
Equicredit

Purchase Details

Closed on
May 16, 2001
Sold by
Kaiser John E
Bought by
Quinn Erin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2000
Sold by
Kaiser John E and Kaiser Debra K
Bought by
Kaiser John E

Purchase Details

Closed on
Aug 6, 1993
Sold by
Loiacano William V and Loiacano Pamela J
Bought by
Kaiser John E and Kaiser Debra K

Purchase Details

Closed on
Aug 5, 1993
Sold by
Loiacano William V and Loiacano Esther
Bought by
Loiacano William and Loiacano Pamela J
Source: Public Records

Range of Values:

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Average Value
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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
Herman Jonathan S $51,500 Honor Title Agency
Geilhart Shandon $67,000 --
Otter Jason $40,000 --
Otter Jason B $40,000 Attorneys Title Agency Llc
Bank Of New York -- --
The Bank Of New York -- --
Equicredit $74,300 --
Equicredit $74,342 --
Quinn Erin S $70,000 --
Quinn Erin S $70,000 --
Kaiser John E -- --
Kaiser John Erick -- --
Kaiser John E $56,000 --
Loiacano William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otter Jason B $38,000
Previous Owner Quinn Erin S $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $51,500 -16.8% $20 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
03/31/2014 03/31/14 For Sale $61,900 -- $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 $2,462 $42,700 $0 $0
2024 $2,013 $40,500 $0 $0
2023 $1,932 $37,800 $0 $0
2022 $2,259 $32,700 $0 $0
2021 $2,125 $28,900 $0 $0
2020 $1,917 $28,800 $0 $0
2019 $1,924 $28,000 $1,000 $27,000
2018 $1,522 $27,575 $0 $0
2017 $1,796 $27,750 $0 $0
2016 $1,814 $28,046 $0 $0
2014 -- $29,401 $0 $28,423
2013 -- $30,507 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rick Willson

    JPAR - Great Lakes Bay Region

    (989) 793-5050

    39 Total Sales

    Rick Willson
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31186867

Michigan Multiple Listing Service

APN: 91600445000000

Michigan Saginaw County Saginaw 48602 Heritage Square

1200 Adams St, Saginaw, MI

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