NOT LISTED FOR SALE

5258 Dixie Hwy Saginaw, MI 48601

Bridgeport Neighborhood

Estimated Value: $104,000 - $199,000

4 Beds
2 Baths
1,584 Sq Ft
$88/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $99,900 $63 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $993/month

6 Days on Market

About This Home

As of August 2023

Don't miss out on this incredible investment property opportunity! This meticulously maintained duplex offers two units, each featuring two bedrooms and one bathroom. On top of that, the property boasts newer hot water heaters, furnaces, and gutters, providing peace of mind and minimizing future maintenance costs. The cherry on top is the presence of long-term tenants, guaranteeing a consistent rental income stream. With all these features in place, this duplex presents an exceptional chance to enter the real estate market or expand your investment portfolio. Don't hesitate to seize this golden opportunity for long-term success. Act now and secure your future in real estate!

Last Agent to Sell the Property

Seth Vendelboe

NextHome Greater Tri-cities License #SBR-6501437892 Listed on: 06/28/2023

NextHome Greater Tri-cities

Last Buyer's Agent

Heidi Guerra

Berkshire Hathaway HomeServices, Bay City License #BCRA-6501435626

Berkshire Hathaway HomeServices, Bay City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1966

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 70 x 190

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Separate Meters

Community Details

  • 2 Units
  • Genesee Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-11-5-05-3106-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,088

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: Condo/Ranch 1st Flr
  • Total Tax Amount: 2088.13
  • Total Tax Year: 2022
  • Year Built: 1966
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Frontage: 70
  • Foundation Type: Crawl

Utilities

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

Lot Info

  • Assessor Parcel Number: 09-11-5-05-3106-000
  • Lot Dimensions: 70 x 190
  • Acreage: 0.3
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $338.31
  • Winter Tax: Year: 2022, Amount: $1,749.82
  • Total Tax: Year: 2022, Amount: $2,088.13

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Bridgeport Spaulding CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 14, 2023
Sold by
Mcafee Adrian A
Bought by
Alleyne-Walker Ashley Anne and Walker Nathaniel B
Seller's Agent
Seth Vendelboe
NextHome Greater Tri-cities
Buyer's Agent
Heidi Guerra
Berkshire Hathaway HomeServices, Bay City
List Price
$99,900
Sold Price
$99,900
Views
124
Current Estimated Value
$139,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,196
Avg. Annual Appreciation
16.08%
Original Mortgage
$73,050
Outstanding Balance
$71,385
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$67,711

Purchase Details

Closed on
Jul 30, 2020
Sold by
Landry Tracy and Johnson Gloria
Bought by
Mcafee Adrian A

Purchase Details

Closed on
May 12, 2017
Sold by
Rousseau Barbara and Rousseau Barbara A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 5, 2001
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
Alleyne-Walker Ashley Anne $99,900 Homeland Title Services
Mcafee Adrian A $60,100 None Available
Federal Home Loan Mortgage Corp $35,381 None Available
-- $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alleyne-Walker Ashley Anne $73,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Sold $99,900 0.0% $63 / Sq Ft
07/04/2023 07/04/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $99,900 +299.6% $63 / Sq Ft
02/05/2018 02/05/18 Sold $25,000 -16.4% $16 / Sq Ft View Prior Sale
01/16/2018 01/16/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $29,900 -- $19 / 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 $3,175 $48,300 $0 $0
2024 $517 $47,200 $0 $0
2023 $342 $38,700 $0 $0
2022 $2,075 $29,700 $0 $0
2021 $1,963 $29,100 $0 $0
2020 $1,611 $26,000 $0 $0
2019 $1,537 $22,400 $2,700 $19,700
2018 $261 $24,200 $0 $0
2017 $1,511 $24,300 $0 $0
2016 $1,557 $24,500 $0 $0
2014 -- $22,700 $0 $21,500
2013 -- $22,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Seth Vendelboe

    Seller's Agent in 2023

    Seth Vendelboe

    NextHome Greater Tri-cities

    (989) 637-6701

    6 in this area

    196 Total Sales

    Seth Vendelboe
    Section Image
  • Heidi Guerra

    Buyer's Agent in 2023

    Heidi Guerra

    Berkshire Hathaway HomeServices, Bay City

    (989) 415-3620

    1 in this area

    96 Total Sales

    Heidi Guerra
    Section Image

  • A

    Seller's Agent in 2018

    Anthony Rapp

    Acres & Homes Realty, Inc.

  • Myles Shephard

    Buyer's Agent in 2018

    Myles Shephard

    Pinnacle Realty

    (989) 295-1125

    3 in this area

    119 Total Sales

    Myles Shephard
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50113733

Michigan Multiple Listing Service

APN: 09115053106000

Michigan Saginaw County Saginaw 48601 Bridgeport

5258 Dixie Hwy, Saginaw, MI

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