$163,000
SOLD APR 22, 2021
10 Beds
5 Baths
3,850 Sq Ft
0.32 Acres

Recently Sold

$42 Per Sq Ft

18% Below List Price

35 Days on Market

About This Home

As of August 2024

Excellent investment opportunity in an established neighborhood. This 5 unit apartment building features units with 2 bedrooms, 1 bath, eat in kitchen, living room onsite carport and paved parking lot. Coin operated laundry located in the basement. Call for you showing today. Proof of funds with a $2,000 EMD required with all offers. There is a 48 hour lead time for all appointments. Showings between 6 am and 5 pm only. Please observe COVID practices and wear masks while showing the property.

Last Agent to Sell the Property

Roy Lerma

Fitz You Homes License #SBR-6502386126 Listed on: 12/19/2020

Last Buyer's Agent

Roy Lerma

Fitz You Homes License #SBR-6502386126 Listed on: 12/19/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 98 x 144

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 09-11-5-09-3239-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,388

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2388
  • Total Tax Year: 2020
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 10
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Estimated Sq Ft: 3850

Exterior Features

  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Carport

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Hot Water
  • Separate Electric: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 09-11-5-09-3239-000
  • Lot Dimensions: 98 x 144
  • Acreage: 0.32
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,870.00
  • Winter Tax: Year: 2020, Amount: $518.00
  • Taxable Value: 45400
  • Total Tax: Year: 2020, Amount: $2,388.00
  • SEV Year: 2020

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Bridgeport Spaulding CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Aug 28, 2024
Sold by
Sree Investments Llc
Bought by
Kulhanek Logan
Seller's Agent
Andrea Robinson
WEICHERT, REALTORS - Grant Hamady
Buyer's Agent
Allan Hobson
REMAX Edge
List Price
$225,000
Sold Price
$225,000
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%

Purchase Details

Listed on
Mar 19, 2023
Closed on
Feb 1, 2024
Sold by
Basmalah Llc
Bought by
Sree Investments Llc
Seller's Agent
Nadeem Gebrael
Gebrael Management
Buyer's Agent
Candice Walker
Taylored Elite Estates LLC
List Price
$224,000
Sold Price
$190,000
Premium/Discount to List
-$34,000
-15.18%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.53%
Original Mortgage
$133,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2023
Closed on
Jan 31, 2024
Sold by
Basmalah Llc
Bought by
Sree Investments Llc
Seller's Agent
Nadeem Gebrael
Gebrael Management
Buyer's Agent
Candice Walker
Taylored Elite Estates LLC
List Price
$224,000
Sold Price
$190,000
Premium/Discount to List
-$34,000
-15.18%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2020
Closed on
Apr 19, 2021
Sold by
Zarkowski Properties Llc
Bought by
Basmalah Llc
Seller's Agent
Roy Lerma
Fitz You Homes
Buyer's Agent
Roy Lerma
Fitz You Homes
List Price
$199,900
Sold Price
$163,000
Premium/Discount to List
-$36,900
-18.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$122,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2011
Sold by
Yeager Shannon
Bought by
Tyson Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2011
Sold by
Yeager Shannon
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust

Purchase Details

Closed on
Nov 15, 2006
Sold by
Yeager Mark A and Yeager Shannon M
Bought by
Bernice Morganport Llc

Purchase Details

Closed on
Feb 22, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.14%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $225,000 None Listed On Document
Warranty Deed $190,000 Dream Title And Escrow Agency
Warranty Deed $190,000 Dream Title And Escrow Agency
Warranty Deed $190,000 Dream Title And Escrow Agency
Warranty Deed $163,000 Devon Title Agency
Warranty Deed $63,900 --
Sheriffs Deed $22,500 --
Deed -- --
Deed $175,000 --
Warranty Deed $175,000 Ltic
Warranty Deed $130,000 Ltic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $133,000 New Conventional
Previous Owner $133,000 Construction
Previous Owner $122,250 New Conventional
Previous Owner $36,000 Commercial
Previous Owner $153,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $425,000 +88.9% $110 / Sq Ft
08/28/2024 08/28/24 Sold $225,000 0.0% $58 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $225,000 +18.4% $58 / Sq Ft
02/01/2024 02/01/24 Sold $190,000 -15.2% $49 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $224,000 +17.9% $58 / Sq Ft
10/13/2023 10/13/23 Off Market $190,000 -- --
10/13/2023 10/13/23 For Sale $224,000 0.0% $58 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $224,000 0.0% $58 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/19/2023 03/19/23 For Sale $224,000 +37.4% $58 / Sq Ft
04/22/2021 04/22/21 Sold $163,000 -18.5% $42 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $199,900 -- $52 / 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 $631 $76,600 $0 $0
2023 $601 $69,500 $0 $0
2022 $2,797 $52,200 $0 $0
2021 $2,311 $44,200 $0 $0
2020 $2,367 $45,400 $0 $0
2019 $2,460 $48,000 $6,800 $41,200
2018 $556 $50,700 $0 $0
2017 $2,884 $59,300 $0 $0
2016 $2,659 $58,500 $0 $0
2014 -- $50,300 $0 $44,300
2013 -- $50,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50031059

Michigan Multiple Listing Service

APN: 09115093239000