NOT LISTED FOR SALE

401 N Porter St Saginaw, MI 48602

Covenant Neighborhood

Estimated Value: $53,000 - $72,000

3 Beds
2 Baths
1,489 Sq Ft
$43/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $38,000 $26 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $426/month

8 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Dogs and Cats Allowed

About This Home

As of June 2021

Currently rented 2 unit with great rental history. Unit 1 is a 2 bedroom 1 bath. Unit 2 is a 1 bedroom 1 bath. Landlord pays for water.

Last Agent to Sell the Property

Clayton Prime

All Star Real Estate License #BCRA-6501427000 Listed on: 03/02/2021

Last Buyer's Agent

Coty Lewis

NextHome Greater Tri-cities License #SBR-6502432123

NextHome Greater Tri-cities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1884

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50x60
  • Corner Lot

Interior Spaces

  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16 0053 00000

Community Details

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • 2 Units
  • Net Operating Income $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$779

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Originating MLS: Bay County REALTOR Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 779.3
  • Total Tax Year: 2020
  • Year Built: 1884
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records

Exterior Features

  • Foundation Type: Crawl

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Heating System: Baseboard
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Sidewalks, Dogs Allowed, Cats Allowed

Lot Info

  • Assessor Parcel Number: 16 0053 00000
  • Location: Corner Lot
  • Lot Dimensions: 50x60
  • Acreage: 0.07
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer
  • Total Expenses: 80

Tax Info

  • Summer Tax: Year: 2020, Amount: $650.71
  • Winter Tax: Year: 2020, Amount: $128.59
  • Total Tax: Year: 2020, Amount: $779.30

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Saginaw City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2011
Sold by
Lipar Louis D
Bought by
Lipar Louis D and Louis D Lipar Revocable Trust
Current Estimated Value
$64,691

Purchase Details

Closed on
Jun 5, 2001
Sold by
Lipar Louis D
Bought by
Rivera Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,400
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 1997
Sold by
Beutel Robert N
Bought by
Lipar Louis D

Purchase Details

Closed on
May 5, 1997
Sold by
Beutel Robert H
Bought by
Lipar Louis D

Purchase Details

Closed on
Mar 18, 1993
Sold by
Kristalyn Barbara M
Bought by
Beutel Robert H

Purchase Details

Closed on
Dec 1, 1992
Sold by
Beutel Robert H
Bought by
Lipar Louis D

Purchase Details

Closed on
Mar 23, 1992
Sold by
Hogan Robert D and Hogan Barbara L
Bought by
Kristalyn Barbara M

Purchase Details

Closed on
Mar 18, 1991
Sold by
Beutel Kimberly A
Bought by
Beutel Robert H

Purchase Details

Closed on
Oct 19, 1988
Sold by
Jones Donna
Bought by
Kristalyn Barbara M

Purchase Details

Closed on
Aug 19, 1986
Sold by
Jones Benton Est
Bought by
Kristalyn Barbara M
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
Lipar Louis D -- --
Rivera Rachel $28,000 --
Rivera Rachel $28,000 --
Lipar Louis D $23,000 --
Lipar Louis D $23,000 --
Beutel Robert H $21,900 --
Lipar Louis D $23,000 --
Kristalyn Barbara M $16,500 --
Beutel Robert H -- --
Kristalyn Barbara M -- --
Kristalyn Barbara M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Rachel $27,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $38,000 0.0% $26 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $38,000 -- $26 / Sq Ft
Source: Bay County Realtor® Association MLS

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 $1,023 $19,900 $0 $0
2024 $836 $18,600 $0 $0
2023 $1,331 $14,400 $0 $0
2022 $938 $12,400 $0 $0
2021 $853 $11,600 $0 $0
2020 $779 $11,600 $0 $0
2019 $788 $11,600 $500 $11,100
2018 $618 $11,196 $0 $0
2017 $717 $11,100 $0 $0
2016 $715 $11,260 $0 $0
2014 -- $11,481 $0 $10,980
2013 -- $12,464 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Clayton Prime

    Seller's Agent in 2021

    Clayton Prime

    All Star Real Estate

    (989) 225-4937

    7 in this area

    51 Total Sales

    Clayton Prime
    Section Image
  • Coty Lewis

    Buyer's Agent in 2021

    Coty Lewis

    NextHome Greater Tri-cities

    (989) 239-7545

    19 in this area

    345 Total Sales

    Coty Lewis
    Section Image
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Map

Source: Bay County Realtor® Association MLS

MLS Number: 50035258

Bay County Realtor® Association MLS

APN: 91600053000000

Michigan Saginaw County Saginaw 48602 Covenant

401 N Porter St, Saginaw, MI

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