$39,500
SOLD AUG 30, 2024
4 Beds
3 Baths
2,664 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

51% Below List Price

84 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of August 2024

Great investment opportunity. Located in a quiet neighborhood on a corner lot with close proximity to downtown Flint and Hurley hospital. Investors special. Two units are currently tenant occupied. This triplex home offers three units; 1 bedroom and 1 bath in one unit & 2 bedrooms and 1 bath in the second unit. The third unit is waiting to be finished into a potential 2 bedroom, one bath with a working shower, toilet, bath vanity, utility sink and attached garage. Current updates include roof repair, exterior/ interior paint and fresh carpet, brand new control panel and meter upgraded to a 200 panel. Call for a private showing and to hear more about net operating income. Property is sold as is.There is only one furnace and ac unit. Utilities are not splitable currently. 650-700 sq. ft units. 1st floor is unoccupied but is plumbed and vented just needs drywalled and designed. 1200 taxes for the year.

Last Agent to Sell the Property

Austin Adams

EXP Realty - Fenton License #6501433762 Listed on: 05/21/2024

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 44.00 x 85.00

Home Design

  • Colonial Architecture

Interior Spaces

  • 3 Full Bathrooms
  • 2,664 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4012253024

Community Details

Overview

  • 3 Units
  • Mcfarlan & Co.'S Western Add Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$754

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 72.00
  • Year Built: 1919
  • State Equalized Value: 9500.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Sq Ft Combined: 2664
  • Total Sq Ft: 2664

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Road Frontage Type: Paved

Utilities

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

Fee Information

  • Operating Expense: 6000.00

Schools

  • School District: Flint

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 44.00 x 85.00
  • Parcel Number: 4012253024
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 25000.00
  • Rent Includes: Yard Maintenance
  • Monthly Rental Income: 1440

Tax Info

  • Tax Amount Summer: 689.0000
  • Tax Amount Winter: 65.0000
  • Total Tax: 754.0000
  • Taxable Value: 9500.0000

Multi Family

  • Gross Scheduled Income: 17280.00
  • Number Of Units Total: 3
  • Unit Count: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Sep 9, 2024
Sold by
Hylkema Steven
Bought by
Realty Assets Llc
Seller's Agent
Austin Adams
EXP Realty - Fenton
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$80,000
Sold Price
$39,500
Premium/Discount to List
-$40,500
-50.62%
Views
63
Current Estimated Value
$38,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,298
Avg. Annual Appreciation
-4.03%

Purchase Details

Closed on
Dec 5, 2023
Sold by
Rts Investments Llc
Bought by
Hylkema Steven

Purchase Details

Listed on
Jan 11, 2022
Closed on
Mar 7, 2022
Sold by
Register Realty Llc
Bought by
Hylkema Steven
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Joe Harvey
The Brand Real Estate
List Price
$24,900
Sold Price
$13,750
Premium/Discount to List
-$11,150
-44.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.95%

Purchase Details

Closed on
Sep 25, 2020
Sold by
Yelinek Jerry
Bought by
Register Realty Llc

Purchase Details

Closed on
Nov 4, 2013
Sold by
A E Maul Family Limited Partnership Llp
Bought by
Yelinek Jerry

Purchase Details

Closed on
Jul 31, 2006
Sold by
Maul Alexander and Maul Evlyn
Bought by
A Maul Properties Inc
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $39,500 Cislo Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $13,750 None Listed On Document
Warranty Deed $10,625 Speedy T&E Svcs Llc
Warranty Deed $13,000 Cislo Title Co
Quit Claim Deed -- Cislo Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $39,500 -21.0% $15 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $50,000 -16.7% $19 / Sq Ft
06/07/2024 06/07/24 Price Changed $60,000 -25.0% $23 / Sq Ft
06/03/2024 06/03/24 For Sale $80,000 0.0% $30 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $80,000 +128.6% $30 / Sq Ft
05/05/2023 05/05/23 Sold $35,000 +1.4% $35 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
01/30/2023 01/30/23 Price Changed $34,500 -13.8% $35 / Sq Ft
01/26/2023 01/26/23 For Sale $40,000 0.0% $40 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
11/13/2022 11/13/22 Price Changed $40,000 +21.2% $40 / Sq Ft
11/08/2022 11/08/22 For Sale $33,000 0.0% $33 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/23/2022 10/23/22 For Sale $33,000 +140.0% $33 / Sq Ft
03/23/2022 03/23/22 Sold $13,750 -23.6% $14 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/02/2022 02/02/22 Price Changed $18,000 -9.5% $18 / Sq Ft
01/20/2022 01/20/22 Price Changed $19,900 -20.1% $20 / Sq Ft
01/11/2022 01/11/22 For Sale $24,900 -- $25 / 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 $754 $10,700 $0 $0
2023 $689 $9,500 $0 $0
2022 $0 $4,400 $0 $0
2021 $412 $4,300 $0 $0
2020 $164 $4,300 $0 $0
2019 $170 $4,200 $0 $0
2018 $136 $2,700 $0 $0
2017 $134 $0 $0 $0
2016 $133 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240034817

Realcomp

APN: 40-12-253-024