NOT LISTED FOR SALE

407 N Porter St Saginaw, MI 48602

Covenant Neighborhood

Estimated Value: $61,000 - $78,000

4 Beds
2 Baths
1,742 Sq Ft
$39/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $23,500 $13 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $480/month

About This Home

As of November 2021

Great investment opportunity! 2 unit property. Both units are presently vacant. Unit 1: 2 bedrooms & 1 bath, needs clean up and TLC. Unit 2: 2 bedrooms & 1 bath, needs some minor TLC. Each unit was renting for $550 in past. Owner pays water. Tenants pay own gas/electric. Call today for more information.

Last Agent to Sell the Property

Coty Lewis

NextHome Greater Tri-cities License #SBR-6502432123 Listed on: 10/11/2021

NextHome Greater Tri-cities

Co-Listed By

Jennette Lewis

NextHome Greater Tri-cities License #SBR-6506048459

Last Buyer's Agent

Coty Lewis

NextHome Greater Tri-cities License #SBR-6502432123 Listed on: 10/11/2021

NextHome Greater Tri-cities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 1879

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 53x120

Interior Spaces

  • 2-Story Property
  • Basement
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Saginaw Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16 0054 00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,444

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1879
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: MI Basement
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Foundation Type: Basement
  • Roads: Paved Street

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 16 0054 00000
  • Location: Main Street
  • Lot Dimensions: 53x120
  • Acreage: 0.15
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $796.08
  • Winter Tax: Year: 2018, Amount: $133.81

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
Oct 11, 2021
Closed on
Oct 29, 2021
Sold by
704 N Grant Llc
Bought by
Vcb4 Properties Llc
Seller's Agent
Coty Lewis
NextHome Greater Tri-cities
Buyer's Agent
Coty Lewis
NextHome Greater Tri-cities
List Price
$32,500
Sold Price
$23,500
Premium/Discount to List
-$9,000
-27.69%
Current Estimated Value
$68,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,220
Avg. Annual Appreciation
30.95%

Purchase Details

Listed on
Aug 12, 2018
Closed on
Aug 6, 2018
Sold by
Wood Darcy
Bought by
704 N Grant Llc
Seller's Agent
Coty Lewis
NextHome Greater Tri-cities
Buyer's Agent
Coty Lewis
NextHome Greater Tri-cities
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.90%

Purchase Details

Closed on
Jul 30, 2007
Sold by
Champagne Anthony and Champagne Lisa M
Bought by
Wood Darcy L

Purchase Details

Closed on
Aug 14, 2005
Sold by
Champagne James
Bought by
Champagne Anthony

Purchase Details

Closed on
Apr 8, 2004
Sold by
Dietrich Amy and Dietrich Bret R
Bought by
Bank One

Purchase Details

Closed on
Jan 24, 2002
Sold by
Cook Robert and Cook Brenda L
Bought by
Dietrich Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
10.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2002
Sold by
Beyerlein Family Partnership
Bought by
Cook Robert and Holdburg Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
10.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 1994
Sold by
Beyerlein Family Partnership
Bought by
Cook Robert T and Holdburg Brenda L

Purchase Details

Closed on
Jan 25, 1994
Sold by
Beyerlein David A and Beyerlein Roberta A
Bought by
Beyerlein Family Partnership

Purchase Details

Closed on
Mar 13, 1992
Sold by
Vested Interests Co
Bought by
Beyerlein David A and Beyerlein Roberta A

Purchase Details

Closed on
Jan 11, 1990
Sold by
Schoenknecht Renee F
Bought by
Schoenknecht Ronald R

Purchase Details

Closed on
Mar 22, 1983
Sold by
Nortik Investment Co
Bought by
Vested Interests Co
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
Vcb4 Properties Llc $23,500 None Available
704 N Grant Llc $25,000 --
Wood Darcy L $66,000 --
Champagne Anthony -- --
Bank One -- --
Bank One Na $28,305 --
Dietrich Amy $45,000 --
Dietrich Amy $45,000 Saginaw Valley Land Title
Cook Robert $35,000 --
Cook Robert T $35,000 --
Cook Robert T -- --
Beyerlein Family Partnership -- --
Beyerlein David A $10,000 --
Schoenknecht Ronald R -- --
Vested Interests Co $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dietrich Amy $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2021 11/04/21 Sold $23,500 -27.7% $13 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $32,500 +30.0% $19 / Sq Ft
08/15/2018 08/15/18 Sold $25,000 0.0% $14 / Sq Ft View Prior Sale
08/12/2018 08/12/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $25,000 -- $14 / 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 $1,444 $26,500 $0 $0
2024 $1,181 $24,800 $0 $0
2023 $1,139 $20,400 $0 $0
2022 $1,331 $17,600 $0 $0
2021 $1,761 $16,400 $0 $0
2020 $1,591 $16,800 $0 $0
2019 $1,154 $16,800 $1,000 $15,800
2018 $788 $14,284 $0 $0
2017 $912 $14,100 $0 $0
2016 $916 $14,311 $0 $0
2014 -- $14,771 $0 $13,610
2013 -- $15,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coty Lewis

    Seller's Agent in 2021

    Coty Lewis

    NextHome Greater Tri-cities

    (989) 239-7545

    19 in this area

    345 Total Sales

    Coty Lewis
    Section Image
  • Jennette Lewis

    Seller Co-Listing Agent in 2021

    Jennette Lewis

    NextHome Greater Tri-cities

    (989) 239-5005

    7 in this area

    164 Total Sales

    Jennette Lewis
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50057648

Michigan Multiple Listing Service

APN: 91600054000000

Michigan Saginaw County Saginaw 48602 Covenant

407 N Porter St, Saginaw, MI

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