NOT LISTED FOR SALE

485 Fairoaks Dr Saginaw, MI 48638

Estimated Value: $185,000 - $212,114

3 Beds
1 Bath
1,120 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $47,000 $42 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $1,196/month

13 Days on Market

About This Home

As of January 2018

This 3 bedroom 1.5 bath home features detached garage and full basement. Property available on auction website for details and pre-auction opportunities. Decisions may take up to 1 week. 5% or min $2500 buyer premium paid at closing. BAC employees and family restricted from purchasing. Sold as-is, minimum EMD will apply

Last Agent to Sell the Property

All Star Real Estate

All Star Real Estate Samborn & Associates License #SBR-6502325305 Listed on: 11/30/2017

Last Buyer's Agent

Ron Bennett

Berkshire Hathaway HomeServices License #SBR-6501251905

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 92x125

Parking

  • 1 Car Garage

Home Design

  • 1,120 Sq Ft Home
  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 23-12-4-29-4111-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,159

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1159
  • Total Tax Year: 2017
  • Year Built: 1962
  • Mail City: Saginaw
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12 x 12
  • Bedroom 2: Dimensions: 11 x 11
  • Bedroom 3: Dimensions: 10 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Kitchen: Dimensions: 10 x 12
  • Living Room: Dimensions: 14 x 16
  • Below Grade Sq Ft: 1120
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1120
  • Total Finished Sq Ft: 1120

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Basement
  • Frontage: 92

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 23-12-4-29-4111-000
  • Lot Dimensions: 92x125
  • Acreage: 0.26

Tax Info

  • Summer Tax: Year: 2017, Amount: $586.00
  • Winter Tax: Year: 2017, Amount: $573.00
  • Taxable Value: 31800
  • Total Tax: Year: 2017, Amount: $1,159.00
  • SEV Year: 2017

MLS Schools

  • School District: Saginaw Twp Community School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Laubhan Daniel J
Bought by
Verhagen Alan and Verhagen Beth
Current Estimated Value
$199,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,107
Outstanding Balance
$107,533
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$81,432

Purchase Details

Listed on
Nov 30, 2017
Closed on
Jan 2, 2018
Sold by
Bank Of America Na
Bought by
Laubhan Daniel J
Seller's Agent
All Star Real Estate
All Star Real Estate Samborn & Associates
Buyer's Agent
Ron Bennett
Berkshire Hathaway HomeServices
List Price
$49,900
Sold Price
$47,000
Premium/Discount to List
-$2,900
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.24%

Purchase Details

Closed on
Apr 28, 2017
Sold by
Boylen Ryan
Bought by
Bank Of America Na
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
Verhagen Alan $134,000 None Available
Laubhan Daniel J -- --
Bank Of America Na $24,845 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verhagen Alan $122,107
Closed Verhagen Beth $122,107
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $47,000 -5.8% $42 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $49,900 -- $45 / 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 $1,278 $84,700 $0 $0
2023 $1,217 $74,700 $0 $0
2022 $2,175 $62,700 $0 $0
2021 $2,007 $56,400 $0 $0
2020 $1,959 $51,300 $0 $0
2019 $1,894 $33,400 $4,100 $29,300
2018 $1,160 $32,000 $0 $0
2017 $1,145 $31,800 $0 $0
2016 $1,160 $32,500 $0 $0
2014 $1,203 $37,700 $0 $29,800
2013 -- $36,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31336156

Michigan Multiple Listing Service

APN: 23124294111000