3 months on rocket

1508 S Fayette St, Saginaw, MI, 48602

$32,500

Home List Price

$386*

Closing Credit

2 Bedrooms
1 Full Bath
1,193 SqFt
$27/SqFt
House

Location

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1508 S Fayette St, Saginaw$32,500

Buyer Closing Credits

$386*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1884
HeatingNatural Gas, Other
CoolingOther
MLS #61050150193
Lot Size0.16 Acres
StatusActive

About 1508 S Fayette St

MOTIVATED SELLER! LAND CONTRACT TERMS! WILL BUILD TO SUIT! These are 4 connected lots totaling appx. 0.64 acre with the addresses of 1508 & 1516 S Fayette St. zoned as R-1 with the backside of these 2 lots bordering 1509 & 1515 S Michigan Ave. zoned B-2 for a total of about 0.65 of an acre, estimated 28,575 sq ft located within eyeline of cars at the Fraser St & S Michigan Ave stoplight. The house and garage are not useable in their current conditions.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1884
  • Stories: 1
  • Living Area: 1,193 SqFt

Listing Office:

  • Office Name: Century 21 Signature Realty
  • Office Phone: (989) 921-7000
  • Listing Agent: Blaine Trarop

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $32,500
  • Price Per SqFt: $27/SqFt

Tax Information:

  • Annual Amount: $814
  • Tax Year: 2018
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Housing Market Comparison

See how this home compares to others in Saginaw, MI.

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Saginaw, MI

City

Med. Sold Price

$142.5K

Med. Price/SqFt

$106

Avg. Days On Market

27

# of Sold Homes

98

1508 S Fayette St vs Saginaw

114 DAYS ON ROCKET

+87 Days

$32,500

-$110K Less

$27/SqFt

-$79 Less

KEY TAKEAWAY

This property is $110K less than the Median Sold Price and $79/SqFt less than other homes in Saginaw, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Saginaw Board of REALTORS®
  • MLS Number: #61050150193

Listing Office:

  • Office Name: Century 21 Signature Realty
  • Office Phone: (989) 921-7000
  • Listing Agent: Blaine Trarop

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 10, 2004Home Sold
$52,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - -
2018$814$13,541

History based on county public records data.

Payment Calculator

$230

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$164

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-315765
10
/10

  • Handley School

  • 224 N Elm St

  • 0.63 miles

  • Public Magnet Grades PK-5

school-card-donut-315766
2
/10

  • Merrill Park Elementary School

  • 1800 Grout St

  • 0.88 miles

  • Public District Grades PK-6

school-card-donut-315767
2
/10

  • Chester F Miller School

  • 2020 Brockway St

  • 1.18 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,490. Residents of Saginaw, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1508 S Fayette St

What is the listing price of this property?

The listing price of 1508 S Fayette St property is $32,500.

What type of property is this?

The property 1508 S Fayette St is a house located in Saginaw, Michigan, 48602.

Is this property for sale now?

Active Listing: 1508 S Fayette St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2018 is $814 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 10, 2004 for $52,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1508 S Fayette St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1508 S Fayette St is 1,193 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1508 S Fayette St is 1884.

Rocket Homes›Michigan›Saginaw County›Saginaw›48602›1508 S Fayette St

This home is located at 1508 S Fayette St in Saginaw, MI and zip code 48602. This 1,193 square foot home, which was built in 1884, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $32,500.

While more than 31 listings in Saginaw, MI in October 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 51 were sold below. The inventory of homes for sale in Saginaw, MI between September 2024 and October 2024 increased by 4.5%. The median list price of listings available in October 2024 was $142,500, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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