NOT LISTED FOR SALE

1303 Adams St Saginaw, MI 48602

Estimated Value: $80,493 - $108,000

4 Beds
3 Baths
2,249 Sq Ft
$40/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $40,000 $18 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $627/month

298 Days on Market

About This Home

As of December 2015

Excellent Rental Opportunity, HUD Section 8 approved apartments Present owner is a non profit, therefore the SEV and Taxes are based on the last year billed. Each unit has a separate security alarm, two one bedroom apartments, One Two Bedroom. Windows have been replaced, two furnaces, new wiring, copper plumbing, 75 gas HWH, Full brick exterior, excellent condition inside and out. Tenants can be month to month or present owner will sign a lease for market rent. Two separate Electrical services

Last Agent to Sell the Property

Brenda Lemmer

Berkshire Hathaway HomeServices License #SBR-6506045201 Listed on: 01/18/2015

Berkshire Hathaway HomeServices

Last Buyer's Agent

Matt Jarecki

Mid-Mitten Realty License #MISPE-6501391548

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 1913

Lot Details

  • Lot Dimensions are 47x95

Parking

  • 3 Car Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Window Egress
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 3 Units
  • Net Operating Income $21,732

Listing and Financial Details

  • $2,493 Total Annual Tax in 2009
  • Assessor Parcel Number 17-0111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,546

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Originating MLS: Saginaw
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2009
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Security System
  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Egress/Daylight Windows, Partially Finished
  • Bedrooms: 4
  • Bathroom Description: Basement Bath
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Source of Sq Ft: Appraisal
  • Estimated Sq Ft: 2249

Exterior Features

  • Construction: Brick
  • Foundation Type: Basement
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 17-0111
  • Lot Dimensions: 47X95
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Lawn Maintenance, Electric, Gas, Snow Removal, Taxes, Water/Sewer
  • Lease Information: Month-To-Month, Electric Included, Gas Included, Heat Included, Water Included

Tax Info

  • Summer Tax: Year: 2009, Amount: $2,221.00
  • Winter Tax: Year: 2009, Amount: $272.00
  • Taxable Value: 40032
  • Total Tax: Year: 2009
  • SEV Year: 2014

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Saginaw City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2016
Sold by
Riako Limited Partnership
Bought by
Tusker Llc
Current Estimated Value
$91,458

Purchase Details

Listed on
Jan 18, 2015
Closed on
Dec 3, 2015
Sold by
Underground Railroad Inc
Bought by
Riako Limited Partnership
Seller's Agent
Brenda Lemmer
Berkshire Hathaway HomeServices
Buyer's Agent
Matt Jarecki
Mid-Mitten 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
8.80%

Purchase Details

Closed on
May 12, 2009
Sold by
Rohn Mary Jane
Bought by
Underground Railroad Inc

Purchase Details

Closed on
May 8, 2009
Sold by
Rohn William R
Bought by
Underground Railroad Inc

Purchase Details

Closed on
Aug 9, 2006
Sold by
Rohn Owen W and Rohn William R
Bought by
Rohn Trust

Purchase Details

Closed on
May 6, 1997
Sold by
Rohn Owen W
Bought by
Rohn Owen W and Rohn William R
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
Tusker Llc $133 --
Riako Limited Partnership $38,750 --
Underground Railroad Inc -- --
Underground Railroad Inc -- --
Rohn William R $50,000 --
Rohn Trust -- --
Rohn Owen W -- --
Rohn Owen W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2015 12/07/15 Sold $40,000 -19.8% $18 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $49,900 -- $22 / 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
2024 $1,546 $31,100 $0 $0
2023 $1,484 $29,100 $0 $0
2022 $2,587 $25,100 $0 $0
2021 $1,632 $22,200 $0 $0
2020 $1,525 $22,700 $0 $0
2019 $1,773 $25,800 $700 $25,100
2018 $1,565 $28,351 $0 $0
2017 $1,847 $28,550 $0 $0
2016 $1,868 $28,888 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31227234

Michigan Multiple Listing Service

APN: 91700111000000