NOT LISTED FOR SALE

2886 Schaefer St Saginaw, MI 48604

Estimated Value: $81,000 - $136,000

2 Beds
2 Baths
1,448 Sq Ft
$70/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $33,000 $23 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $701/month

215 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • Forced Air Heating System
  • Tankless Water Heater
  • 1-Story Property

About This Home

As of June 2014

GREAT 2 UNIT INVESTMENT PROPERTY. BOTH UNITS CURRENTLY RENTED WITH 1 YEAR LEASES. MANY UPDATES. FULL BASEMENT HAS STORAGE ROOM AND WASHER AND DRYER HOOK UPS. BACK UNIT HAS USE OF GARAGE.

Last Agent to Sell the Property

Doug Soldan

Berkshire Hathaway HomeServices License #SBR-6501315210 Listed on: 09/11/2013

Berkshire Hathaway HomeServices

Last Buyer's Agent

Ray Spitler

Keller Williams Realty License #SBR-6502364184

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Oven or Range

Basement

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 11-12-4-05-1874-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: Saginaw
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Bungalow
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, Full

Exterior Features

  • Construction: Vinyl Siding
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage, Gar Door Opener
  • Garage Spaces: 1

Utilities

  • Water: Public Water
  • Water Heater: Tankless Hot Water
  • 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: 11-12-4-05-1874-000
  • Lot Dimensions: 50 X 120
  • Acreage: 0.14

Tax Info

  • Summer Tax: Year: 2013, Amount: $219.00
  • Winter Tax: Year: 2013, Amount: $995.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Carrollton School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Jun 20, 2014
Sold by
Kraska Edward W and Kraska Edward W
Bought by
Shelbee Michigan Llc
Seller's Agent
Doug Soldan
Berkshire Hathaway HomeServices
Buyer's Agent
Ray Spitler
Keller Williams Realty
List Price
$51,900
Sold Price
$33,000
Premium/Discount to List
-$18,900
-36.42%
Current Estimated Value
$100,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,733
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Feb 16, 2005
Sold by
Waltenburg Glen and Waltenburg Joan M
Bought by
Kraska Edward W and Kraska Sharon A

Purchase Details

Closed on
Sep 2, 1997
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

Date Buyer Sale Price Title Company
Shelbee Michigan Llc $33,000 First American Title Ins Co
Kraska Edward W $30,000 --
-- $30,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $33,000 -36.4% $23 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
09/11/2013 09/11/13 For Sale $51,900 -- $36 / 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 $2,058 $48,500 $0 $0
2024 $260 $43,400 $0 $0
2023 $248 $45,400 $0 $0
2022 $1,863 $27,600 $0 $0
2021 $1,759 $25,900 $0 $0
2020 $1,736 $23,700 $0 $0
2019 $1,591 $21,300 $2,800 $18,500
2018 $216 $22,500 $0 $0
2017 $1,527 $23,300 $0 $0
2016 $1,493 $22,600 $0 $0
2014 -- $20,600 $0 $17,600
2013 -- $29,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Doug Soldan

    Berkshire Hathaway HomeServices

    (989) 274-1632

    22 Total Sales

    Doug Soldan
    Section Image

  • R

    Buyer's Agent in 2014

    Ray Spitler

    Keller Williams Realty

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 20373496

Michigan Multiple Listing Service

APN: 11124051874000

Michigan Saginaw County Saginaw 48604

2886 Schaefer St, Saginaw, MI

Not Listed for Sale

MultiFamily

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