NOT LISTED FOR SALE

1812 Mackinaw St Unit 1816 Saginaw, MI 48602

Estimated Value: $70,883 - $105,000

3 Beds
2 Baths
1,673 Sq Ft
$54/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $86,000 $51 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $609/month

2 Days on Market

Highlights

  • Main Floor Bedroom
  • Separate Outdoor Workshop
  • Porch
  • Workshop
  • 2 Car Detached Garage
  • Living Room

About This Home

As of July 2024

A unique opportunity for both investors and owner-occupants seeking a property with excellent income potential. This two-family dwelling is in a prime Saginaw location, offering a detached garage, a storage/workshop area, and an additional side lot included in the sale of the property, which adds to its overall value. The first unit features two bedrooms and one bathroom. The unit has been updated with newer flooring, windows, and furnace. The living room is bright and welcoming and includes custom-built storage, adding functionality. The second unit includes one bedroom and one bathroom. This unit features an expansive living room with custom wood built-ins, adding a comfortable feel. The kitchen offers updated appliances, newer flooring, and windows, making this unit comfortable and attractive. Additionally, the unit has a large laundry area convenient for tenants.

Last Agent to Sell the Property

Mary Knoll

Berkshire Hathaway HomeServices License #SBR-6501373174 Listed on: 05/03/2024

Berkshire Hathaway HomeServices

Last Buyer's Agent

Diana Smith

Berkshire Hathaway HomeServices License #SBR-6501289168

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1884

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 96x119

Parking

  • 2 Car Detached Garage

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Workshop
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Satellite Dish

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 20 2489 00000 & 20 2490 00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,627

Year Built

Built in 1884

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: 1 1/2 Story
  • Sub Structure Types: Workshop
  • Total Tax Amount: 1626.63
  • Total Tax Year: 2023
  • Year Built: 1884
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement Type: Block
  • Bedrooms: 3
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Breakfast Nook/Room, Eat-In Kitchen
  • Sub Room Description: Entry, First Floor Bedroom, First Floor Laundry, Living Room, Utility/Laundry Room, Workshop
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1673

Exterior Features

  • Exterior Features: Porch, Satellite Dish, Sidewalks, Street Lights
  • Frontage: 96
  • Foundation Type: Piller/Post/Pier
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Detached Garage, Electric In Garage, Workshop
  • Garage Spaces: 2
  • Parking: 3 Or More Spaces, Garage, Paved Driveway

Utilities

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

Lot Info

  • Assessor Parcel Number: 20 2489 00000 & 20 2490 00000
  • Lot Dimensions: 96X119
  • Acreage: 0.26
  • Lot Description: Large Lot - 65+ Ft.
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,368.48
  • Winter Tax: Year: 2023, Amount: $258.15
  • Taxable Value: 23310
  • Total Tax: Year: 2023, Amount: $1,626.63
  • SEV Year: 2024

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
May 3, 2024
Closed on
Jul 2, 2024
Sold by
4D Properties Llc
Bought by
S & P Rental And Real Estate Llc
Seller's Agent
Mary Knoll
Berkshire Hathaway HomeServices
Buyer's Agent
Diana Smith
Berkshire Hathaway HomeServices
List Price
$85,900
Sold Price
$86,000
Premium/Discount to List
$100
0.12%
Views
13
Current Estimated Value
$89,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,971
Avg. Annual Appreciation
5.34%
Original Mortgage
$64,425
Outstanding Balance
$63,933
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$27,036
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
S & P Rental And Real Estate Llc $86,000 Title Resource Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & P Rental And Real Estate Llc $64,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $86,000 +0.1% $51 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $85,900 -- $51 / 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 $1,355 $24,700 $0 $0
2023 $1,301 $21,100 $0 $0
2022 $1,251 $18,200 $0 $0
2021 $1,177 $17,000 $0 $0
2020 $1,061 $17,000 $0 $0
2019 $1,105 $17,000 $900 $16,100
2018 $830 $15,039 $0 $0
2017 $1,000 $14,850 $0 $0
2016 $998 $15,072 $0 $0
2014 -- $15,509 $0 $14,482
2013 -- $16,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50140924

Michigan Multiple Listing Service

APN: 20 2489 00000