NOT LISTED FOR SALE

2511 Adams Blvd Saginaw, MI 48602

Adams Boulevard Neighborhood

Estimated Value: $164,271 - $182,000

4 Beds
2 Baths
1,900 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $139,000 $73 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,222/month

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Rare brick duplex on the Boulevard! Each unit boasts separate garages, basements and driveways. Hardwood floors, central air, lush backyard, and a single water meter makes this multifamily an ideal owner-occupied home or investment property. Rent one side and live for pennies in the other, or rent both sides and enjoy positive cash flow. Current long-term tenants are working professionals and pay $750/month (excluding Consumers, cable, and internet). They want to stay. Roof replaced in 2020. Two-car garage roof replaced in 2019, and single-car garage replaced about five years ago.

Last Agent to Sell the Property

Rick Willson

JPAR - Great Lakes Bay Region License #SBR-6501235098 Listed on: 07/26/2021

JPAR - Great Lakes Bay Region

Last Buyer's Agent

Rick Willson

JPAR - Great Lakes Bay Region License #SBR-6501235098 Listed on: 07/26/2021

JPAR - Great Lakes Bay Region

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1951

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 82 x 120

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Adams Blvd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20 1498 00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,571

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1951
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Below Grade Bedrooms: 2
  • Estimated Sq Ft: 1900

Exterior Features

  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 3

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • 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: 20 1498 00000
  • Lot Dimensions: 82 x 120
  • Acreage: 0.22
  • Geo Subdivision: MI

Tax Info

  • SEV Year: 2020

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
Jul 26, 2021
Closed on
Sep 16, 2021
Sold by
Zamora Andres
Bought by
Zamora Andres and Zamora Lori
Seller's Agent
Rick Willson
JPAR - Great Lakes Bay Region
Buyer's Agent
Rick Willson
JPAR - Great Lakes Bay Region
List Price
$139,000
Sold Price
$139,000
Current Estimated Value
$173,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,318
Avg. Annual Appreciation
5.18%
Original Mortgage
$104,250
Outstanding Balance
$95,066
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$74,953

Purchase Details

Closed on
Apr 10, 2013
Sold by
Heffron Katherine M and Hoffman Christine S
Bought by
Hoffman Christine S

Purchase Details

Closed on
Oct 4, 2000
Sold by
Fink Mark K and Hoffman Christine S
Bought by
Fink Tr Mark and Hoffman Christine

Purchase Details

Closed on
May 25, 2000
Sold by
Sonnenberg James F and Sonnenberg Pamela L
Bought by
Fink Mary K and Hoffman Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1992
Sold by
Kobas Philip
Bought by
Sonnenberg James F and Sonnenberg Pamela L

Purchase Details

Closed on
Jan 8, 1992
Sold by
Kobas Philip
Bought by
Kobas Philip
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Zamora Andres -- Crossroads Title
Zamora Andres $139,000 Crossroads Title
Hoffman Christine S -- --
Fink Tr Mark -- --
Fink Mark K -- --
Fink Mary K $121,000 --
Fink Mark K $121,000 --
Sonnenberg James F $86,900 --
Kobas Philip -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamora Andres $104,250
Previous Owner Nieman Mitchell $70,550
Previous Owner Hoffman Christine S $93,000
Previous Owner Fink Mark K $114,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $139,000 0.0% $73 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $139,000 +67.5% $73 / Sq Ft
06/10/2019 06/10/19 Sold $83,000 0.0% $44 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $83,000 -- $44 / 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
2025 $3,571 $63,600 $0 $0
2024 $2,920 $58,700 $0 $0
2023 $2,803 $50,900 $0 $0
2022 $3,276 $43,300 $0 $0
2021 $2,555 $40,400 $0 $0
2020 $2,272 $39,100 $0 $0
2019 $2,082 $30,300 $1,800 $28,500
2018 $1,464 $31,762 $0 $0
2017 $1,778 $32,000 $0 $0
2016 $1,766 $31,844 $0 $0
2014 -- $32,305 $0 $30,484
2013 -- $42,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rick Willson

    JPAR - Great Lakes Bay Region

    (989) 793-5050

    4 in this area

    41 Total Sales

    Rick Willson
    Section Image
  • Ken Teske

    Seller's Agent in 2019

    Ken Teske

    Century 21 Signature Realty

    (989) 573-3922

    6 Total Sales

    Ken Teske
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50049650

Michigan Multiple Listing Service

APN: 92001498000000

Michigan Saginaw County Saginaw 48602 Adams Boulevard

2511 Adams Blvd, Saginaw, MI

This home is located at 2511 Adams Blvd, Saginaw, MI 48602 since 26 July 2021 and is currently estimated at $173,318, approximately $91 per square foot. This property was built in 1951. 2511 Adams Blvd is a home located in Saginaw County with nearby schools including Kempton Elementary School, Thompson Middle School, and Arthur Hill High School.

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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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