NOT LISTED FOR SALE

1418 Spring Ln Unit 1420 Saginaw, MI 48601

Estimated Value: $100,000 - $156,000

4 Beds
2 Baths
2,128 Sq Ft
$62/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $125,000 $59 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $821/month

12 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • Ceiling Fan
  • Porch

About This Home

As of June 2024

Great Investment opportunity! Updated 2 unit~ Each unit is 2 bedroom ~ 1 Bathroom over 1,000 sq ft with basement. Keyless entry into all units, freshly painted, new windows, new furnace and AC in 2022 and roof was new in 2020. Large backyard mostly fenced and located on a dead-end street. Schedule your private showing today!

Last Agent to Sell the Property

Ashley Baynham

Berkshire Hathaway HomeServices License #SBR-6501378823 Listed on: 04/25/2024

Berkshire Hathaway HomeServices

Co-Listed By

Linda Sarmiento

Berkshire Hathaway HomeServices License #SBR-6501278470

Last Buyer's Agent

Bob Smith

BOMIC Real Estate License #SBR-6502370682

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • Street terminates at a dead end
  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Breezeway
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Electric Water Heater
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10125214016002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,175

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2175.49
  • Total Tax Year: 2023
  • Year Built: 1960
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: Breezeway
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 2128

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Exterior Features: Fenced Yard, Porch
  • Foundation Type: Basement
  • Roads: City/County

Utilities

  • Water: Public Water At Street
  • Water Heater: Electric
  • Cooling System: Ceiling Fan(s)
  • 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: 10125214016002
  • Location: Dead End
  • Acreage: 0.22
  • Zoning: Residential
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,101.00
  • Winter Tax: Year: 2023, Amount: $1,074.49
  • Total Tax: Year: 2023, Amount: $2,175.49
  • SEV Year: 2023

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
Apr 25, 2024
Closed on
Jun 3, 2024
Sold by
Williams Larry
Bought by
Turner Michael
Seller's Agent
Ashley Baynham
Berkshire Hathaway HomeServices
Buyer's Agent
Bob Smith
BOMIC Real Estate
List Price
$159,000
Sold Price
$125,000
Premium/Discount to List
-$34,000
-21.38%
Views
13
Current Estimated Value
$131,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,321
Avg. Annual Appreciation
1.47%
Original Mortgage
$93,750
Outstanding Balance
$92,987
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$34,140

Purchase Details

Listed on
Nov 23, 2022
Closed on
Dec 8, 2022
Sold by
Helton Germaine
Bought by
Williams Larry
Seller's Agent
Keisha Taylor
Taylored Elite Estates LLC
Buyer's Agent
Keisha Taylor
Taylored Elite Estates LLC
List Price
$48,000
Sold Price
$48,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.28%
Original Mortgage
$46,560
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 1, 2016
Sold by
Jackson Torey
Bought by
Helton Germaine

Purchase Details

Closed on
Sep 8, 2015
Sold by
Buell Eric
Bought by
Jackson Torey

Purchase Details

Closed on
Jan 14, 2013
Sold by
Johnson Antoine
Bought by
Buell Eric

Purchase Details

Closed on
Sep 24, 2010
Sold by
Prince Reginald
Bought by
Johnson Antoine

Purchase Details

Closed on
Aug 3, 2009
Sold by
National Asset Management Group Llc
Bought by
Prince Reginald

Purchase Details

Closed on
Jan 6, 2009
Sold by
American Home Mortgage Servicing
Bought by
National Asset Management Group

Purchase Details

Closed on
Apr 25, 2008
Sold by
Glenn Joe T and Glenn Edith L
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 17, 2007
Sold by
Glenn Joe T and Glenn Edith L
Bought by
Glenn, Joe T & Edith Trust

Purchase Details

Closed on
Jul 29, 1999
Sold by
Koski Thomas F and Koski Marsha M
Bought by
Glenn Joe T and Glenn Edith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
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
Turner Michael $125,000 Title Resource Agency
Williams Larry $48,000 Homeland Title Services
Helton Germaine $400,000 --
Jackson Torey $2,000 None Available
Buell Eric $2,500 --
Johnson Antoine -- --
Prince Reginald $4,250 --
National Asset Management Group -- --
Us Bank Na $40,800 --
Glenn, Joe T & Edith Trust -- --
Glenn Joe T $27,500 --
Glenn Joe T $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Michael $93,750
Previous Owner Williams Larry $46,560
Previous Owner Glenn Joe T $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $125,000 -21.4% $59 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $159,000 +231.3% $75 / Sq Ft
12/08/2022 12/08/22 Sold $48,000 0.0% $37 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/23/2022 11/23/22 For Sale $48,000 -- $37 / 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 $1,157 $32,700 $0 $0
2023 $1,101 $27,000 $0 $0
2022 $1,745 $25,400 $0 $0
2021 $1,643 $22,900 $0 $0
2020 $1,445 $22,100 $0 $0
2019 $1,415 $21,900 $3,000 $18,900
2018 $781 $23,450 $0 $0
2017 $1,563 $23,100 $0 $0
2016 $1,146 $22,400 $0 $0
2014 -- $23,800 $0 $20,800
2013 -- $23,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50139917

Michigan Multiple Listing Service

APN: 10125214016002