NOT LISTED FOR SALE

Estimated Value: $88,000 - $122,000

5 Beds
3 Baths
1,857 Sq Ft
$60/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $115,000 $62 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $814/month

13 Days on Market

Highlights

  • Craftsman Architecture
  • Forced Air Heating System
  • Garage

About This Home

As of January 2024

Don't miss out on this updated triplex that is within walking distance to Kettering University and close to downtown! The home features three units that could make a wonderful addition to an investor's portfolio, or an opportunity for someone looking to house hack.
B.A.T.V.A.I

Last Listed By

Rachel Rosencrants

Brookstone, Realtors LLC License #6501453197 Listed on: 12/28/2023

Brookstone, Realtors LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60 x 118.5

Parking

  • Garage

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,857 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 254013103013
  • Seller Concessions Offered

Community Details

Overview

  • 3 Units
  • A Mcfarlan's Replat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,408

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Craftsman
  • Architecture Level: 2 Story
  • Year Built: 1920
  • State Equalized Value: 33300.0000
  • Year Renovated: 1920
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1857
  • Total Sq Ft: 1857
  • Sq Ft Total Bsmt: 1296

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

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

Schools

  • School District: Flint

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 60 x 118.5
  • Parcel Number: 254013103013
  • Zoning: Commercial

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Water, Yard Maintenance
  • Monthly Rental Income: 2325

Tax Info

  • Tax Amount Summer: 2243.0000
  • Tax Amount Winter: 165.0000
  • Total Tax: 2408.0000
  • Taxable Value: 36400.0000

Multi Family

  • Gross Scheduled Income: 27900.00
  • Number Of Units Total: 3
  • Unit Count: 1
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 3

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Jan 29, 2024
Sold by
Fern Woods Inc
Bought by
Craver Andrew
Seller's Agent
Rachel Rosencrants
Brookstone, Realtors LLC
Buyer's Agent
Kristy Mohr
Red Fox Realty LLC
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Total Days on Market
13
Views
28
Current Estimated Value
$111,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,989
Avg. Annual Appreciation
-2.70%
Original Mortgage
$86,250
Outstanding Balance
$85,145
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$25,866

Purchase Details

Listed on
Oct 7, 2019
Closed on
Oct 24, 2019
Sold by
Johnson David William
Bought by
Fern Woods Inc
Seller's Agent
Deborah Bair
American Associates Inc
Buyer's Agent
Alyona Ferrell
Coldwell Banker Professionals
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Nov 17, 2000
Sold by
Montpas Sheila Kaye
Bought by
Johnson David William

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
Craver Andrew $115,000 Sargents Title
Fern Woods Inc $75,000 Sargents Title Company Llc
Johnson David William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craver Andrew $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $115,000 -4.2% $62 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $120,000 +60.0% $65 / Sq Ft
10/24/2019 10/24/19 Sold $75,000 0.0% $40 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $75,000 -- $40 / 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 $2,379 $34,900 $0 $0
2023 $2,316 $36,400 $0 $0
2022 $0 $33,300 $0 $0
2021 $2,283 $35,000 $0 $0
2020 $2,103 $22,900 $0 $0
2019 $932 $15,600 $0 $0
2018 $1,222 $15,200 $0 $0
2017 $1,198 $0 $0 $0
2016 $1,192 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $13,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230105871

Realcomp

APN: 40-13-103-013