NOT LISTED FOR SALE

521 Hayes St Saginaw, MI 48602

Covenant Neighborhood

Estimated Value: $75,000 - $104,000

4 Beds
2 Baths
1,720 Sq Ft
$54/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $79,900 $46 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $657/month

20 Days on Market

Highlights

  • Corner Lot
  • Shed
  • Forced Air Heating System
  • Porch

About This Home

As of June 2021

No showings until an offer is accepted. Please do not disturb tenants. 2 unit duplex that has steadily produced income for 5 years. Both units are 2 bedroom/1 baths. Upstairs unit is currently rented for $575 a month on a month to month rental agreement. The lower unit just became vacant this month and was rented for $575 as well. The upstairs unit has brand new carpet that was installed in late 2020 for the new tenant. The lower unit was just professionally cleaned, has brand new carpet, and will be freshly painted ready to rent May 1st. Landlord pays for the water and tenants pay electric/gas. Roof was replaced by Hanson's with a lifetime warranty in 2016. There is a shared laundry room in the basement that both tenants use. Seller will also be including the vacant parcel #15 0069 00000 next door in the sale.

Last Agent to Sell the Property

Alexander Madden

Our Home & Co Real Estate License #SBR-6501398229 Listed on: 04/22/2021

Last Buyer's Agent

Quincy Hayes

Century 21 Signature Realty License #SBR-6501344275

Century 21 Signature Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 65x60
  • Corner Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15 0068 00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,315

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Sub Structure Types: Shed
  • Total Tax Amount: 1314.88
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1720

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch, Sidewalks
  • Foundation Type: Basement

Garage/Parking

  • Parking: 3 Or More Spaces

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: 15 0068 00000
  • Location: Corner Lot
  • Lot Dimensions: 65x60
  • Acreage: 0.09
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,104.23
  • Winter Tax: Year: 2020, Amount: $210.65
  • Total Tax: Amount: $1,314.88
  • SEV Year: 2020

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
Apr 22, 2021
Closed on
Jun 17, 2021
Sold by
Madden Alexander J
Bought by
Green Dmarvin
Seller's Agent
Alexander Madden
Our Home & Co Real Estate
Buyer's Agent
Quincy Hayes
Century 21 Signature Realty
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$93,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,191
Avg. Annual Appreciation
3.70%
Original Mortgage
$75,905
Outstanding Balance
$19,526
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$73,565

Purchase Details

Closed on
Dec 1, 2016
Sold by
Bank Of New York Mellon Trust Company and Bank Of New York Trust Company Na
Bought by
Alan Investments Iii Llc

Purchase Details

Listed on
Jun 30, 2014
Closed on
Feb 25, 2016
Sold by
Meyers John
Bought by
Madden Alexander J
Seller's Agent
Rick Willson
JPAR - Great Lakes Bay Region
Buyer's Agent
Matt Jarecki
Mid-Mitten Realty
List Price
$49,500
Sold Price
$32,000
Premium/Discount to List
-$17,500
-35.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$24,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2005
Sold by
Llamas Santino J
Bought by
Meyers John

Purchase Details

Closed on
May 5, 2005
Sold by
Olivarez Ernesto and Olivarez June
Bought by
Llamas Santino

Purchase Details

Closed on
Sep 13, 2000
Sold by
Dickey Charles E and Dickey Elizabeth
Bought by
Olivarez Ernesto and Olivarez Jane

Purchase Details

Closed on
Jan 6, 1999
Sold by
Olivarez Ernesto and Olivarez Jane
Bought by
Llamas Santino J

Purchase Details

Closed on
May 7, 1993
Sold by
Dickey Charles E and Dickey Elizabeth A
Bought by
Olivarez Ernesto and Olivarez Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
9.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 20, 1990
Sold by
Pool Erma L Wallace
Bought by
Dickey Charles E and Dickey Elizabeth A

Purchase Details

Closed on
Nov 1, 1990
Sold by
Pool Erma L Wallace
Bought by
Dickey Charles E and Dickey Elizabeth A

Purchase Details

Closed on
Apr 1, 1988
Sold by
Aardco & Associates Inc
Bought by
Dickey Charles E and Dickey Elizabeth A
Source: Public Records

Range of Values:

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Average Value
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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
Green Dmarvin $79,900 Crossroads Title
Alan Investments Iii Llc $536,666 --
Madden Alexander J $32,000 --
Meyers John $45,000 --
Llamas Santino $30,000 --
Olivarez Ernesto $22,000 --
Olivarez Ernesto $22,000 --
Llamas Santino J -- --
Olivarez Ernesto $22,000 --
Dickey Charles E $16,900 --
Dickey Charles E $23,500 --
Dickey Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Dmarvin $75,905
Previous Owner Madden Alexander J $24,000
Previous Owner Olivarez Ernesto $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $79,900 0.0% $46 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $79,900 +149.7% $46 / Sq Ft
02/09/2016 02/09/16 Sold $32,000 -35.4% $18 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
06/30/2014 06/30/14 For Sale $49,500 -- $28 / 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 $1,834 $31,500 $0 $0
2024 $1,834 $29,400 $0 $0
2023 $1,255 $25,500 $0 $0
2022 $1,502 $21,900 $0 $0
2021 $1,435 $19,000 $0 $0
2020 $1,315 $19,000 $0 $0
2019 $1,344 $19,000 $600 $18,400
2018 $1,072 $18,731 $0 $0
2017 $1,678 $18,550 $0 $0
2016 $1,140 $18,884 $0 $0
2014 -- $18,292 $0 $17,657
2013 -- $19,874 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alexander Madden

    Our Home & Co Real Estate

    Section Image
  • Quincy Hayes

    Buyer's Agent in 2021

    Quincy Hayes

    Century 21 Signature Realty

    (989) 482-0239

    2 in this area

    33 Total Sales

    Quincy Hayes
    Section Image

  • R

    Seller's Agent in 2016

    Rick Willson

    JPAR - Great Lakes Bay Region

    (989) 793-5050

    41 Total Sales

    Rick Willson
    Section Image

  • M

    Buyer's Agent in 2016

    Matt Jarecki

    Mid-Mitten Realty

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50039587

Michigan Multiple Listing Service

APN: 91500068000000

Michigan Saginaw County Saginaw 48602 Covenant

521 Hayes St, Saginaw, MI

This home is located at 521 Hayes St, Saginaw, MI 48602 since 22 April 2021 and is currently estimated at $93,091, approximately $54 per square foot. This property was built in 1920. 521 Hayes St is a home located in Saginaw County with nearby schools including Herig Elementary School, Thompson Middle School, and Arthur Hill High School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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