NOT LISTED FOR SALE

109 E Oakley St Flint, MI 48503

Southside Business District Neighborhood

Estimated Value: $78,000 - $137,000

4 Beds
3.5 Baths
2,098 Sq Ft
$56/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $130,000 $62 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $858/month

12 Days on Market

Highlights

  • 0.22 Acre Lot
  • 3 Car Garage
  • Heating System Uses Steam
  • Hot Water Heating System

About This Home

As of October 2024

Welcome to this exceptional investment opportunity, located in an up an coming neighborhood, a well-maintained 3-unit property generating a reliable monthly income of $2,150. One 2 bed 2 bath unit and Two 1 bed and 1 bath units. This low maintenance property is an excellent addition to any portfolio, offering immediate returns and long-term growth potential. Don’t miss out on this lucrative investment. No showings until offer acceptance.

Last Agent to Sell the Property

Michael Quinn

The Sedlarik Group Realty LLC License #6501434788 Listed on: 08/02/2024

Co-Listed By

John Sedlarik

The Sedlarik Group Realty LLC License #6502404433

Last Buyer's Agent

James Altene

Keller Williams Premier License #6506046918

Keller Williams Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1945

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80.00 x 120.00

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,098 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Sewer in Street

Community Details

  • 3 Units
  • Oakland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4119278026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Assessment: 680.00
  • Year Built: 1945
  • State Equalized Value: 28200.0000
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 545454.5400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2098

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water, Radiant, Steam
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.22
  • Lot Dimensions: 80.00 x 120.00
  • Parcel Number: 4119278026
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2150

Tax Info

  • Tax Amount Summer: 2058.0000
  • Tax Amount Winter: 146.0000
  • Total Tax: 2204.0000
  • Taxable Value: 21225.0000

Multi Family

  • Gross Scheduled Income: 25800.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Oct 22, 2024
Sold by
Crown Pointe Properties 2 Llc
Bought by
Mh Miller Properties Llc
Seller's Agent
Michael Quinn
The Sedlarik Group Realty LLC
Buyer's Agent
James Altene
Keller Williams Premier
List Price
$120,000
Sold Price
$130,000
Premium/Discount to List
$10,000
8.33%
Views
53
Current Estimated Value
$117,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,751
Avg. Annual Appreciation
-8.11%

Purchase Details

Listed on
Aug 2, 2024
Closed on
Oct 7, 2024
Sold by
Scheuneman Family Trust
Bought by
Crown Pointe Properties 2
Seller's Agent
Michael Quinn
The Sedlarik Group Realty LLC
Buyer's Agent
James Altene
Keller Williams Premier
List Price
$120,000
Sold Price
$130,000
Premium/Discount to List
$10,000
8.33%
Views
53

Purchase Details

Closed on
Jun 15, 2023
Sold by
Summit Management Group Ltd
Bought by
Crown Pointe Properties 2

Purchase Details

Closed on
Feb 7, 2019
Sold by
Chaney Homes Llc
Bought by
Summit Managment Group Ltd

Purchase Details

Closed on
Jun 23, 2016
Sold by
Chaney Homes Llc
Bought by
Scheuneman Family Trust

Purchase Details

Closed on
Mar 30, 2015
Sold by
Agle Rena
Bought by
Scheuneman Family Trust

Purchase Details

Closed on
Apr 1, 2010
Sold by
Laurin Rodney and Farrow Jaquelyn
Bought by
Agle Rena

Purchase Details

Closed on
Mar 31, 2008
Sold by
Oakley Street Llc
Bought by
Farrow Jacquelyn M and Laurin Rodney J

Purchase Details

Closed on
Apr 6, 2005
Sold by
Independent Bank
Bought by
Laurin Rodney J and Farrow Jacquelyn M
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
Mh Miller Properties Llc $120,000 Cislo Title
Crown Pointe Properties 2 -- Cislo Title
Crown Pointe Properties 2 -- None Listed On Document
Summit Managment Group Ltd -- None Available
Scheuneman Family Trust $23,000 None Available
Scheuneman Family Trust $15,000 None Available
Agle Rena $1,000 None Available
Farrow Jacquelyn M $27,500 None Available
Laurin Rodney J $20,000 Independent Title Svcs Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $130,000 +8.3% $62 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $120,000 -- $57 / 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 $2,936 $28,900 $0 $0
2024 $2,719 $31,700 $0 $0
2023 $2,058 $28,200 $0 $0
2022 $0 $30,100 $0 $0
2021 $2,019 $29,400 $0 $0
2020 $1,867 $19,300 $0 $0
2019 $1,470 $18,700 $0 $0
2018 $1,821 $18,600 $0 $0
2017 $1,280 $0 $0 $0
2016 $1,245 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $7,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Quinn

    Seller's Agent in 2024

    Michael Quinn

    The Sedlarik Group Realty LLC

    (810) 252-6749

    1 in this area

    44 Total Sales

    Michael Quinn
    Section Image
  • John Sedlarik

    Seller Co-Listing Agent in 2024

    John Sedlarik

    The Sedlarik Group Realty LLC

    (810) 252-6749

    1 in this area

    327 Total Sales

    John Sedlarik
    Section Image
  • James Altene

    Buyer's Agent in 2024

    James Altene

    Keller Williams Premier

    (248) 260-6212

    1 in this area

    199 Total Sales

    James Altene
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240056635

Realcomp

APN: 41-19-278-026

Michigan Genesee County Flint 48503 Southside Business District

109 E Oakley St, Flint, MI

Not Listed for Sale

MultiFamily

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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