NOT LISTED FOR SALE

1002 Downey St Flint, MI 48503

Southwest Flint Neighborhood

Estimated Value: $44,000 - $73,000

3 Beds
2 Baths
1,201 Sq Ft
$45/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $40,000 $33 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $340/month

30 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 1 Car Garage

About This Home

As of November 2022

Investment Opportunity. 2 story with 2 units, Detached Garage. Close to Kettering University.
Currently Rented.

Last Agent to Sell the Property

Deborah Bair

American Associates Inc License #6501320180 Listed on: 10/12/2022

American Associates Inc

Last Buyer's Agent

Floyd Mills

License #125138

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 44 x 79

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,201 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Grant Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4014459026

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Assessment: 436.00
  • Year Built: 1920
  • State Equalized Value: 12600.0000
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 571428.5700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1201

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 44 x 79
  • Parcel Number: 4014459026
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 700

Tax Info

  • Tax Amount Summer: 1075.0000
  • Tax Amount Winter: 67.0000
  • Total Tax: 1142.0000
  • Taxable Value: 9769.0000

Multi Family

  • Gross Scheduled Income: 8400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 17, 2022
Sold by
Johnson David
Bought by
Marsh Michael and Marsh Kimberly
Seller's Agent
Deborah Bair
American Associates Inc
Buyer's Agent
Floyd Mills
List Price
$40,000
Sold Price
$40,000
Views
15
Current Estimated Value
$54,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,111
Avg. Annual Appreciation
10.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marsh Michael $40,000 Sargents Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $40,000 0.0% $33 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $40,000 -- $33 / 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 $1,691 $22,000 $0 $0
2024 $1,573 $22,200 $0 $0
2023 $1,536 $16,300 $0 $0
2022 $0 $14,100 $0 $0
2021 $1,142 $12,600 $0 $0
2020 $1,067 $11,300 $0 $0
2019 $880 $10,100 $0 $0
2018 $1,016 $11,100 $0 $0
2017 $995 $0 $0 $0
2016 $989 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $12,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Bair

    Seller's Agent in 2022

    Deborah Bair

    American Associates Inc

    (810) 533-2574

    1 in this area

    117 Total Sales

    Deborah Bair
    Section Image

  • F

    Buyer's Agent in 2022

    Floyd Mills

    (810) 730-7766

    1 in this area

    27 Total Sales

    Floyd Mills
    Section Image
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Map

Source: Realcomp

MLS Number: 20221050961

Realcomp

APN: 40-14-459-026

Michigan Genesee County Flint 48503 Southwest Flint

1002 Downey St, Flint, MI

Not Listed for Sale

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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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