$55,000
SOLD DEC 18, 2025
2 Beds
2 Baths
1,464 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

15% Below List Price

12 Days on Market

About This Home

As of December 2025

Income-producing 2-unit multifamily home, ideal for investors or owner-occupants. Each unit features separate power and gas utilities, ensuring tenant convenience and simplified management. Well-maintained with strong rental potential, this property offers steady cash flow in a desirable location. Perfect for maximizing returns or living in one unit while renting the other. Don’t miss this opportunity to own a versatile, income-generating asset! Contact us for details. Can be purchased as a package with 1914 Joslin St.

Last Agent to Sell the Property

Seth Vendelboe

NextHome Greater Tri-cities License #SBR-6501437892 Listed on: 10/06/2025

NextHome Greater Tri-cities

Last Buyer's Agent

Jeremy Taljonick

RE/MAX Right Choice License #HCBR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Penoyer Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 0982 00000

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2613.45
  • Total Tax Year: 2025
  • Year Built: 1914
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Frontage: 60
  • 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
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 14 0982 00000
  • Lot Dimensions: 60x120
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2025, Amount: $2,279.76
  • Winter Tax: Year: 2024, Amount: $333.69
  • Total Tax: Year: 2025, Amount: $2,613.45

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
Oct 6, 2025
Closed on
Dec 18, 2025
Sold by
Akw Estates Llc
Bought by
Rah Investor Funding Llc
Seller's Agent
Seth Vendelboe
NextHome Greater Tri-cities
Buyer's Agent
Jeremy Taljonick
RE/MAX Right Choice
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.60%
Original Mortgage
$47,600
Outstanding Balance
$39,870
Interest Rate
6.22%
Mortgage Type
Construction
Estimated Equity
$24,118

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 28, 2024
Sold by
A & F Michigan Holdings Llc
Bought by
Akw Estates Llc
Seller's Agent
Keisha Taylor
Taylored Elite Estates LLC
Buyer's Agent
Seth Vendelboe
NextHome Greater Tri-cities
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 27, 2024
Sold by
A & F Michigan Holdings Llc
Bought by
Akw Estates Llc
Seller's Agent
Keisha Taylor
Taylored Elite Estates LLC
Buyer's Agent
Seth Vendelboe
NextHome Greater Tri-cities
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Views
30

Purchase Details

Listed on
Sep 20, 2022
Closed on
Oct 25, 2022
Sold by
Mark J Oberschmidt Family Trust
Bought by
A & F Michigan Holdings Llc
Seller's Agent
Don Moffett
Berkshire Hathaway HomeServices
Buyer's Agent
Don Moffett
Berkshire Hathaway HomeServices
List Price
$36,900
Sold Price
$38,000
Premium/Discount to List
$1,100
2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.05%

Purchase Details

Closed on
Jan 17, 2018
Sold by
Oberschmidt Mark J
Bought by
Mark J Oberschmidt Ft

Purchase Details

Closed on
Feb 25, 2002
Sold by
Oberschmidt William and Oberschmidt Rigetta
Bought by
Oberschmidt Mark J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $55,000 Homeland Title Services
Warranty Deed $55,000 Homeland Title Services
Warranty Deed $55,000 Homeland Title Services
Warranty Deed $38,000 Title Resource Agency
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $20,000 --
Interfamily Deed Transfer $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $47,600 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2025 12/18/25 Sold $55,000 -15.4% $38 / Sq Ft
10/18/2025 10/18/25 Pending -- -- --
10/06/2025 10/06/25 For Sale $65,000 +18.2% $44 / Sq Ft
03/28/2024 03/28/24 Sold $55,000 -15.4% $38 / Sq Ft View Prior Sale
03/05/2024 03/05/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $65,000 +71.1% $44 / Sq Ft
10/17/2022 10/17/22 Sold $38,000 +3.0% $26 / Sq Ft View Prior Sale
09/22/2022 09/22/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $36,900 -- $25 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,280 $31,300 $0 $0
2024 $1,496 $29,300 $0 $0
2023 $1,436 $23,300 $0 $0
2022 $1,163 $18,900 $0 $0
2021 $1,094 $17,500 $0 $0
2020 $986 $15,600 $0 $0
2019 $990 $14,400 $1,000 $13,400
2018 $815 $14,771 $0 $0
2017 $953 $14,750 $0 $0
2016 $975 $15,077 $0 $0
2014 -- $15,640 $0 $14,562
2013 -- $16,354 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50190601

Michigan Multiple Listing Service

APN: 91400982000000

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