NOT LISTED FOR SALE

Estimated Value: $72,000 - $95,000

6 Beds
4 Baths
2,404 Sq Ft
$33/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $39,000 $16 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $557/month

About This Home

As of March 2020

4-Unit Investment Opportunity! Property is Section 8 approved. Has great rental history. Showing notice to tenants/72+ hours. Each unit has its own gas/electric meters. Water is all on one meter. New water heater 12/19/19.

Last Agent to Sell the Property

Melissa Fresorger

Berkshire Hathaway HomeServices License #SBR-6501377572 Listed on: 12/18/2019

Berkshire Hathaway HomeServices

Last Buyer's Agent

Atonya Patterson

Berkshire Hathaway HomeServices License #SBR-6501355572

Berkshire Hathaway HomeServices

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1889

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 60x60
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 13 0359 00000

Community Details

Overview

  • Association fees include trash removal, water
  • 4 Units

Building Details

  • Net Operating Income $17,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 1271.29
  • Total Tax Year: 2019
  • Year Built: 1889
  • Mail City: Saginaw
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Source of Sq Ft: Assessors Data

Exterior Features

  • Construction: Vinyl Siding, Vinyl Trim
  • Frontage: 6060
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Trash Removal, Water

Lot Info

  • Assessor Parcel Number: 13 0359 00000
  • Location: Corner Lot
  • Lot Dimensions: 60x60
  • Acreage: 0.08
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Total Expenses: 1900

Tax Info

  • Summer Tax: Amount: $1,082.65
  • Winter Tax: Amount: $188.64
  • Total Tax: Year: 2019, Amount: $1,271.29

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Saginaw City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Mar 27, 2020
Sold by
Kretz Michael James and Kretz Roy M
Bought by
Saginaw Plex Llc
Seller's Agent
Melissa Fresorger
Berkshire Hathaway HomeServices
Buyer's Agent
Atonya Patterson
Berkshire Hathaway HomeServices
List Price
$53,900
Sold Price
$39,000
Premium/Discount to List
-$14,900
-27.64%
Current Estimated Value
$80,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,333
Avg. Annual Appreciation
13.80%

Purchase Details

Closed on
Aug 31, 1984
Sold by
Ryan June Irene Kretz
Bought by
Kretz Michael J

Purchase Details

Closed on
Nov 11, 1980
Sold by
Gugel Carl James and Shirley Ruth
Bought by
Kretz Michael James and June Irene
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
Saginaw Plex Llc $39,000 Title Resource Agency
Kretz Michael J -- --
Kretz Michael James $19,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2020 03/27/20 Sold $39,000 -27.6% $16 / Sq Ft
03/18/2020 03/18/20 For Sale $53,900 0.0% $22 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
03/07/2020 03/07/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $53,900 -10.0% $22 / Sq Ft
01/02/2020 01/02/20 Price Changed $59,900 -14.3% $25 / Sq Ft
12/18/2019 12/18/19 For Sale $69,900 -- $29 / 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 $1,628 $28,700 $0 $0
2024 $1,331 $26,000 $0 $0
2023 $1,278 $24,200 $0 $0
2022 $1,494 $20,800 $0 $0
2021 $1,405 $19,400 $0 $0
2020 $1,266 $19,000 $0 $0
2019 $1,271 $18,500 $400 $18,100
2018 $1,059 $19,185 $0 $0
2017 $1,250 $19,350 $0 $0
2016 $1,252 $19,362 $0 $0
2014 -- $19,880 $0 $19,603
2013 -- $20,036 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50002078

Michigan Multiple Listing Service

APN: 91300359000000