NOT LISTED FOR SALE

615 Jackson St Saginaw, MI 48602

Southwest Neighborhood

Estimated Value: $51,000 - $79,000

2 Beds
2 Baths
1,295 Sq Ft
$49/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $50,000 $39 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $464/month

5 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • High Speed Internet
  • 1-Story Property
  • Ceiling Fan

About This Home

As of May 2022

Wonderful cash flowing rental opportunity. Both units are tenant occupied with rent being $550 for the 2 bedroom, and $450 for the efficiency. Utilities are separate, with separate meters. 2021 Remodel of bathroom (toilet/paint/flooring) and kitchen (paint/oven/stove). Showing granted upon accepted offer. Great investment!

Last Agent to Sell the Property

Jordan Erwin

Our Home & Co Real Estate LLC License #6501433098 Listed on: 04/26/2022

Last Buyer's Agent

Rhonda Milner

Reach Realty Group License #RCO-6501283271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1889

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 60.00x67.00

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,295 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • 3 Parking Spaces
  • Unassigned Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18097400000

Community Details

Overview

  • 2 Units
  • City Of Saginaw In Division South Of Cass Street Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,184

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Year Built: 1889
  • State Equalized Value: 16600.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Total Sq Ft: 1295

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Separate Meters
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 60.00X67.00
  • Parcel Number: 18097400000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 1027.0000
  • Tax Amount Winter: 157.0000
  • Total Tax: 1184.0000
  • Taxable Value: 13845.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of Efficiency Units: 1

MLS Schools

  • School District: Saginaw City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 10, 2022
Sold by
Ahadi and Mansoora
Bought by
Carlisle Iverson
Seller's Agent
Jordan Erwin
Our Home & Co Real Estate LLC
Buyer's Agent
Rhonda Milner
Reach Realty Group
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$63,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,177
Avg. Annual Appreciation
7.02%

Purchase Details

Listed on
Feb 22, 2021
Closed on
Jul 20, 2021
Sold by
Berg Kay Y
Bought by
Ahadi Mohammad and Ahadi Mansoora
Seller's Agent
Tana Nichols
Keller Williams Preferred
Buyer's Agent
Jordan Erwin
Our Home & Co Real Estate LLC
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.28%

Purchase Details

Closed on
Jun 23, 2003
Sold by
Scanlan Richard and Scanlan Donna
Bought by
Berg Kay Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1999
Sold by
Stoddard Bruce D and Stoddard Carol L
Bought by
Scanlan Richard and Scanlan Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1997
Sold by
Severin Gertrude
Bought by
Stoddard Bruce D and Stoddard David M

Purchase Details

Closed on
Aug 3, 1989
Sold by
Severin William H and Severin Gertrude
Bought by
Severin Gertrude

Purchase Details

Closed on
Jul 22, 1987
Sold by
Stoddard Juanita D
Bought by
Stoddard Bruce D
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
Carlisle Iverson $50,000 None Listed On Document
Ahadi Mohammad $40,000 Michigan Moves Title Agency
Berg Kay Y $38,000 --
Berg Kay Y $38,000 Metropolitan Title Company
Scanlan Richard $32,000 --
Scanlan Richard $32,000 --
Stoddard Bruce D $21,500 --
Severin Gertrude -- --
Stoddard Bruce D $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berg Kay Y $28,500
Previous Owner Scanlan Richard $25,600
Closed Scanlan Richard $6,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2022 05/17/22 Sold $50,000 0.0% $39 / Sq Ft
04/26/2022 04/26/22 For Sale $50,000 +25.0% $39 / Sq Ft
07/20/2021 07/20/21 Sold $40,000 -11.1% $31 / Sq Ft View Prior Sale
07/12/2021 07/12/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $45,000 -- $35 / Sq Ft
Source: Realcomp

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 $1,587 $25,000 $0 $0
2024 $1,297 $23,200 $0 $0
2023 $1,245 $20,200 $0 $0
2022 $1,324 $17,500 $0 $0
2021 $1,181 $16,600 $0 $0
2020 $1,089 $15,200 $0 $0
2019 $1,541 $13,400 $500 $12,900
2018 $1,237 $13,810 $0 $0
2017 $1,337 $13,850 $0 $0
2016 $1,296 $14,087 $0 $0
2014 -- $14,270 $0 $13,819
2013 -- $14,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jordan Erwin

    Our Home & Co Real Estate LLC

    Section Image
  • Rhonda Milner

    Buyer's Agent in 2022

    Rhonda Milner

    Reach Realty Group

    (313) 580-8224

    1 in this area

    23 Total Sales

    Rhonda Milner
    Section Image

  • T

    Seller's Agent in 2021

    Tana Nichols

    Keller Williams Preferred

    Section Image
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Map

Source: Realcomp

MLS Number: 2220030009

Realcomp

APN: 91800974000000

Michigan Saginaw County Saginaw 48602 Southwest

615 Jackson St, Saginaw, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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