NOT LISTED FOR SALE

3480 Shattuck Rd Saginaw, MI 48603

Estimated Value: $238,000 - $241,000

8 Beds
8 Baths
5,732 Sq Ft
$42/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $245,000 $43 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,595/month

55 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Forced Air Heating and Cooling System
  • Sherwood Elementary School Rated A-
  • Ceiling height of 9 feet or more
  • Laundry Facilities

About This Home

As of October 2014

Pair of four unit rentals in Saginaw Twp. Great rental history and low maintenance make this an exceptional investment. Each building has two-1 bedroom and two-2 bedroom units. Each tenant has own carport. Gas forced air heat and central air. One-1 bedroom has wall air cond. Combine rental history, 59 years.

Last Agent to Sell the Property

Mark McKnight

Century 21 Signature Realty License #SBR-6501362570 Listed on: 07/22/2014

Century 21 Signature Realty

Last Buyer's Agent

Mark McKnight

Century 21 Signature Realty License #SBR-6501362570 Listed on: 07/22/2014

Century 21 Signature Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,134

Year Built

  • Built in 1964

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100x175

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Basement

  • Sump Pump
  • Block Basement Construction

Parking

  • 1 Car Parking Space
  • Covered Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Ceiling height of 9 feet or more
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 23124104022000/900

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 8 Units
  • Laundry Facilities
  • Net Operating Income $30,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,134

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Originating MLS: Saginaw
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 9 Ft + Ceilings, Sump Pump
  • Appliances: Disposal, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 8
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 5732

Exterior Features

  • Construction: Brick
  • Exterior Features: Patio
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Carport
  • Parking: 1 Space, Covered Parking

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C, Wall/Window 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

Condo/Co-op/Association

  • Community Amenities: Laundry Facility, Some Pet Restrictions
  • Association Fee Includes: Snow Removal, Water

Schools

  • Elementary School: Sherwood

Lot Info

  • Assessor Parcel Number: 23124104022000/900
  • Location: Main Street
  • Lot Dimensions: 100x175
  • Acreage: 0.4
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Long Term
  • Total Expenses: 19248

Tax Info

  • Summer Tax: Year: 2013, Amount: $2,511.95
  • Winter Tax: Year: 2013, Amount: $621.71
  • Taxable Value: 70600
  • SEV Year: 2014

Multi Family

  • Total Units: 8

MLS Schools

  • School District: Saginaw Twp Community School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2017
Sold by
Bk Davis Shattuck Square Llc
Bought by
Tramontane Ii Llc
Total Days on Market
55
Current Estimated Value
$239,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$184,506
Interest Rate
4.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$57,994

Purchase Details

Listed on
Jul 22, 2014
Closed on
Oct 31, 2014
Sold by
Rich Properties Llc
Bought by
B K Davis Shattuck Square Llc
Seller's Agent
Mark McKnight
Century 21 Signature Realty
Buyer's Agent
Mark McKnight
Century 21 Signature Realty
List Price
$310,000
Sold Price
$245,000
Premium/Discount to List
-$65,000
-20.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.10%
Original Mortgage
$196,000
Interest Rate
4.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 2, 2002
Sold by
Rich R K and B K
Bought by
Rich Properties Llc
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
Tramontane Ii Llc $280,000 First American Title
B K Davis Shattuck Square Llc $245,000 Honor Title Agency
Rich Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tramontane Ii Llc $220,000
Closed Tramontane Ii Llc $220,000
Previous Owner B K Davis Shattuck Square Llc $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $245,000 -21.0% $43 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $310,000 -- $54 / 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 $3,003 $84,200 $0 $0
2023 $2,859 $74,800 $0 $0
2022 $3,804 $69,100 $0 $0
2021 $3,587 $67,300 $0 $0
2020 $3,752 $69,600 $0 $0
2019 $3,623 $69,400 $7,800 $61,600
2018 $2,497 $68,900 $0 $0
2017 $3,024 $62,300 $0 $0
2016 $3,041 $64,200 $0 $0
2014 $3,382 $76,100 $0 $68,700
2013 -- $71,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31204064

Michigan Multiple Listing Service

APN: 23124104022000