NOT LISTED FOR SALE

1506 State St Saginaw, MI 48602

Covenant Neighborhood

Estimated Value: $75,354 - $108,000

4 Beds
2 Baths
1,782 Sq Ft
$54/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2019

Last sale price $60,000 $34 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $630 / mo

17 Days on Market

About This Home

As of November 2019

With this clean, turn key, two unit - you can expect positive cash flow or live in one side while the tenant helps cover your living expenses! Well cared for, this building has an updated roof, windows, and went through an extensive lead base remediation program. Always rented, we left one unit vacant so you can choose the next step. Each unit offers two beds, 1 bath with a private basement. Electric, water & gas are on separate meters and tenant pays. Owner only pays early trash pick up fee. Plus, e

Last Agent to Sell the Property

Dean Boivin

RE/MAX New Image Saginaw License #MBR-6501286253 Listed on: 10/14/2019

Last Buyer's Agent

Dean Boivin

RE/MAX New Image Saginaw License #MBR-6501286253 Listed on: 10/14/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 48x116

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13-1240-00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Originating MLS: Midland Board of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1257.14
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Formal Dining Room
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

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

Lot Info

  • Assessor Parcel Number: 13-1240-00000
  • Lot Dimensions: 48x116
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,053.38
  • Winter Tax: Year: 2018, Amount: $203.76
  • Total Tax: Amount: $1,257.14

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
Sep 28, 2023
Sold by
Bond Leasing Llc
Bought by
Quest Of Grace Llc
Current Estimated Value
$96,589

Purchase Details

Closed on
Sep 22, 2023
Sold by
Bond Leasing Llc
Bought by
Quest Of Grace Llc

Purchase Details

Listed on
Oct 14, 2019
Closed on
Nov 1, 2019
Sold by
Bush Timothy J and Bush Rebecca J
Bought by
Bond Leasing Llc
Seller's Agent
Dean Boivin
RE/MAX New Image Saginaw
Buyer's Agent
Dean Boivin
RE/MAX New Image Saginaw
List Price
$61,900
Sold Price
$60,000
Premium/Discount to List
-$1,900
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Oct 25, 2004
Sold by
Myers Properties
Bought by
Bush Timothy J and Bush Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,100
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1998
Sold by
Buscarino Frank J
Bought by
Myers Properties

Purchase Details

Closed on
Dec 8, 1995
Sold by
Strong Opal E Est
Bought by
Buscarino Frank J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Quest Of Grace Llc -- None Listed On Document
Quest Of Grace Llc -- None Listed On Document
Bond Leasing Llc $60,000 None Available
Bush Timothy J $78,900 --
Bush Timothy J $78,900 Ltic
Myers Properties $292,600 --
Buscarino Frank J $350,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Bush Timothy J $63,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $60,000 -3.1% $34 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $61,900 -- $35 / Sq Ft
Source: Midland Board of REALTORS®

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 $1,403 $33,000 $0 $0
2024 $1,370 $30,900 $0 $0
2023 $1,315 $26,700 $0 $0
2022 $1,537 $23,200 $0 $0
2021 $1,446 $21,600 $0 $0
2020 $1,303 $19,400 $0 $0
2019 $1,237 $18,000 $800 $17,200
2018 $1,016 $18,412 $0 $0
2017 $1,350 $20,850 $0 $0
2016 $1,379 $21,319 $0 $0
2014 -- $22,042 $0 $21,199
2013 -- $23,009 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Boivin

    Seller's Agent in 2019

    Dean Boivin

    RE/MAX

    (989) 798-2787

    3 in this area

    182 Total Sales

    Dean Boivin
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Map

Source: Midland Board of REALTORS®

MLS Number: 31397800

Midland Board of REALTORS®

APN: 91301240000000

Michigan Saginaw County Saginaw 48602 Covenant

1506 State St, Saginaw, MI

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.

Midland Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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