$52,900
- 3 Beds
- 2 Baths
- 1,284 Sq Ft
- 1509 Arlington Ave
- Flint, MI
Currently used as an investment property. 2 unit property. First unit is 1 bedroom, 1 bath. Second unit is 2 bedrooms, 1 bath.
Marc Coleman Keller Williams First
3
Beds
3
Baths
1,256
Sq Ft
5,227
Sq Ft Lot
Highlights
- Ranch Style House
- Awning
- Forced Air Heating System
About This Home
As of February 2025Looking for a good investment with cash flow guaranteed? Look no further. This Triplex has 3 units- each one with one bath and one bath. One long term tenant that has been here 13 years- and would like to renew with the new owner! Only minor cosmetic touch ups will have this beauty in tip-top shape! The backyard is spacious and fenced (for the main part). The Front Unit (#1) is the largest of the three, and features a large kitchen/eating area, spacious bedroom, plus front living area and full bath. This unit has the long-term tenant who is currently paying $575/month. The Front Left unit (Unit #2) is the smallest of the three, and has hardwoods in the living room and bedroom, and a cozy kitchen and full bath. Most recently, this unit had been rented out at $550/month. The Back Unit (Unit #3) is spacious and very clean! This one had been rented out at $650/month. The bathroom is bright and large, and the bedroom is adjacent to a convenient office area. Lots to love here at this property!
Last Agent to Sell the Property
KW Realty Livingston License #6501421477 Listed on: 01/11/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40.00 x 132.00
- Back Yard Fenced
Parking
- 3 Parking Spaces
Home Design
- Triplex
- Ranch Style House
- Traditional Architecture
- Stone Foundation
- Asphalt Roof
- Metal Siding
Interior Spaces
- 3 Full Bathrooms
- 1,256 Sq Ft Home
- Awning
- Unfinished Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 4023126005
- $1,428 Seller Concession
Community Details
Overview
- 3 Units
- Corunna Heights Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2025
Closed on
Feb 21, 2025
Sold by
Yoshida Ray
Bought by
Rky Knapp Llc
Seller's Agent
Nicholas Tong
KW Realty Livingston
Buyer's Agent
Nicholas Tong
KW Realty Livingston
List Price
$84,900
Sold Price
$71,400
Premium/Discount to List
-$13,500
-15.9%
Total Days on Market
29
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,669
Avg. Annual Appreciation
-7.12%
Original Mortgage
$53,625
Outstanding Balance
$53,581
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$16,150
Purchase Details
Closed on
Apr 5, 2022
Sold by
Reliant Rentals Llc
Bought by
Pila Gunnar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 9, 2020
Sold by
Hultquist Carl J
Bought by
Reliant Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 1, 1985
Sold by
Tucker Sadie M
Bought by
Hultquist Carl J and Hultquist Roxanne S
Similar Home in Flint, MI
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $71,400 | None Listed On Document | |
| Warranty Deed | $60,000 | None Listed On Document | |
| Warranty Deed | $15,000 | None Available | |
| Warranty Deed | $21,500 | Guaranty Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $53,625 | New Conventional | |
| Previous Owner | $45,000 | New Conventional | |
| Previous Owner | $38,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $71,400 | -15.9% | $57 / Sq Ft |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- |
| 01/11/2025 01/11/25 | For Sale | $84,900 | -- | $68 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,891 | $23,300 | $0 | $0 |
| 2023 | $1,849 | $18,000 | $0 | $0 |
| 2022 | $0 | $15,100 | $0 | $0 |
| 2021 | $1,479 | $12,100 | $0 | $0 |
| 2020 | $1,196 | $11,200 | $0 | $0 |
| 2019 | $844 | $11,800 | $0 | $0 |
| 2018 | $1,128 | $10,000 | $0 | $0 |
| 2017 | $1,108 | $0 | $0 | $0 |
| 2016 | $1,102 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2012 | -- | $11,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Tong
Seller's Agent in 2025
Nicholas Tong
KW Realty Livingston
(586) 909-6125
175 Total Sales
Map
Source: Realcomp
MLS Number: 20250000912
APN: 40-23-126-005
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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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