NOT LISTED FOR SALE

1163 W Reid Rd Flint, MI 48507

Estimated Value: $197,000

7 Beds
4 Baths
2,290 Sq Ft
$86/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $159,000 $69 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,360/month

72 Days on Market

Highlights

  • Deck
  • Awning
  • Forced Air Heating System
  • Porch
  • Water Softener is Owned
  • Ceiling Fan

About This Home

As of October 2020

This Property is a 4 Multi-Family Dwelling with four separate Apartments. Three units feature two bedrooms,living room,kitchen and one full bath. One unit features one bedroom,living room,kitchen and one full bath. This converted farm House has been completely revamped with newer Drywall,Plumbing,doors,
Floors,Decks,Stairs,insulation and Water Softner. Coin-Operated Laundry Area is available in the Basement. New Shed added in 2017.
Lots of Parking for residents and guest. Large partially fenced in corner lot. Carman schools, or Grand Blanc, bus also stops out front at the corner, look up school of choice on the Grand Blanc line, mundy township.

Last Listed By

James Hoffman

Liberty Way Realty MI LLC License #6501288523 Listed on: 06/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 102x202x100x188

Home Design

  • Quadruplex
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,290 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Dual Flush Toilets

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Sump Pump

Parking

  • 8 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Net Metering or Smart Meter
  • Shared Water Meter
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1513200005

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,306

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 25.48
  • Year Built: 1930
  • State Equalized Value: 69100.0000
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Dual-Flush Toilet(s), High Spd Internet Avail, Laundry Facility, Utility Smart Meter, Water Softener (owned)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common, Unfinished, Walk-Up Access
  • Sq Ft Combined: 2290
  • Total Sq Ft: 2290
  • Sq Ft Total Bsmt: 880

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Awning/Overhang(s), Outside Lighting
  • Foundation Materials: Block, Stone
  • Frontage Feet: 102
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Separate Meter, Window Unit(s)
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Common
  • Water Source: Well-Existing
  • Laundry Facilities: No

Schools

  • School District: Carman-Ainsworth

Lot Info

  • List Price per Acre: 340212.7660
  • Lot Size Area: 0.47
  • Lot Dimensions: 102X202X100X188
  • Parcel Number: 1513200005
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Snow Removal, Yard Maintenance
  • Monthly Rental Income: 2375

Tax Info

  • Tax Amount Summer: 2549.0000
  • Tax Amount Winter: 757.0000
  • Total Tax: 3306.0000
  • Taxable Value: 69100.0000

Multi Family

  • Gross Scheduled Income: 28500.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 3
  • Number Of Units Leased: 4

MLS Schools

  • School District: Carman-Ainsworth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Nov 14, 2020
Sold by
Johnson Tiffany D
Bought by
Johnson Tiffany D and Tiffany D Johnson Revocable Li
Seller's Agent
James Hoffman
Liberty Way Realty MI LLC
Buyer's Agent
Shaun Dodd
RE/MAX Select
List Price
$159,900
Sold Price
$159,000
Premium/Discount to List
-$900
-0.56%
Total Days on Market
72
Current Estimated Value
$197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,000
Original Mortgage
$162,657
Outstanding Balance
$146,300
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Jun 12, 2020
Closed on
Oct 5, 2020
Sold by
Talbot Jeffrey L
Bought by
Johnson Tiffany D
Seller's Agent
James Hoffman
Liberty Way Realty MI LLC
Buyer's Agent
Shaun Dodd
RE/MAX Select
List Price
$159,900
Sold Price
$159,000
Premium/Discount to List
-$900
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,657
Outstanding Balance
$146,300
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Jan 23, 2003
Sold by
Elvateem Sonia
Bought by
Talbot Jeffrey L

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
Johnson Tiffany D -- None Available
Johnson Tiffany D $159,000 Bell Title Agency Of Genesee
Talbot Jeffrey L $120,000 Fidelity National Title Ins
Elyateem Sonia $85,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Tiffany D $162,657
Previous Owner Talbot Jeffrey L $90,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $159,000 -0.6% $69 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/06/2020 08/06/20 Price Changed $159,900 0.0% $70 / Sq Ft
08/06/2020 08/06/20 For Sale $159,900 -3.0% $70 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $164,900 -- $72 / 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
2024 $3,086 $79,700 $0 $0
2023 $2,916 $72,400 $0 $0
2022 $3,833 $72,100 $0 $0
2021 $3,751 $69,100 $0 $0
2020 $2,607 $69,100 $0 $0
2019 $2,574 $67,800 $0 $0
2018 $3,285 $65,700 $0 $0
2017 $3,174 $64,600 $0 $0
2016 $3,207 $62,100 $0 $0
2015 $3,127 $61,500 $0 $0
2014 $2,457 $58,700 $0 $0
2012 -- $63,800 $63,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200041986

Realcomp

APN: 15-13-200-005