NOT LISTED FOR SALE

Estimated Value: $247,812 - $311,000

4 Beds
4 Baths
3,220 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $215,000 $67 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,748/month

147 Days on Market

Highlights

  • 0.37 Acre Lot
  • Baseboard Heating
  • 4 Car Garage
  • Covered Patio or Porch

About This Home

As of May 2023

Amazing Brick 4 unit in the College Cultural area of Flint, just five blocks from U of M - Flint and Mott College. So close to downtown - these units are always in high demand. This fantastic quadplex has 4 very spacious 1 Bedroom Units (750 sq each). The property is unique in that each unit has a garage for parking. There is also a laundry area in the building for additional income. The tenants are responsible for their electricity, landlord pays for water & heat. It would make an awesome addition to anyone's portfolio. Rents could be raised, possible 5th unit (would have to verify with the City of Flint) could be placed in the lower level for additional income. Call today for additional information.

Last Agent to Sell the Property

Paul Raymond

RE/MAX Select License #6501281034 Listed on: 11/21/2022

RE/MAX Select

Last Buyer's Agent

Paul Raymond

RE/MAX Select License #6501281034 Listed on: 11/21/2022

RE/MAX Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1956

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 125.20 x 130.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,220 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Woodlawn Park No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4108384029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,129

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1956
  • State Equalized Value: 81900.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Partially Finished, Common
  • Sq Ft Combined: 3220
  • Total Sq Ft: 3220
  • Sq Ft Total Bsmt: 1610

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 125
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, Assigned Spaces, Paved
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Fee Information

  • Operating Expense: 12435.00

Schools

  • School District: Flint

Lot Info

  • List Price per Acre: 602432.4300
  • Lot Size Area: 0.37
  • Lot Dimensions: 125.20 x 130.00
  • Parcel Number: 4108384029
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Heat, Water
  • Monthly Rental Income: 2200

Tax Info

  • Tax Amount Summer: 4723.0000
  • Tax Amount Winter: 406.0000
  • Total Tax: 5129.0000
  • Taxable Value: 58342.0000

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
May 18, 2023
Sold by
Mmjf Properties Llc
Bought by
Tsm Property Llc
Seller's Agent
Paul Raymond
RE/MAX Select
Buyer's Agent
Paul Raymond
RE/MAX Select
List Price
$222,900
Sold Price
$215,000
Premium/Discount to List
-$7,900
-3.54%
Views
418
Current Estimated Value
$278,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,453
Avg. Annual Appreciation
5.52%
Original Mortgage
$161,250
Outstanding Balance
$157,364
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Estimated Equity
$86,556

Purchase Details

Closed on
Aug 27, 2018
Sold by
Mico Properties Llc
Bought by
Mmjf Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,149
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 21, 2015
Closed on
Nov 24, 2015
Sold by
Court/Franklin Apartments Llc
Bought by
Mico Properties Llc
Seller's Agent
Cheryl Massey
REMAX Platinum Grand Blanc
Buyer's Agent
Cheryl Massey
REMAX Platinum Grand Blanc
List Price
$75,000
Sold Price
$66,000
Premium/Discount to List
-$9,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%

Purchase Details

Closed on
May 15, 2014
Sold by
Bullard Rita M
Bought by
Court/Franklin Apartments Llc

Purchase Details

Closed on
Oct 19, 2004
Sold by
Bullard Rita M
Bought by
Bullard Patrick and Bullard Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Shaw Dale E and Parks Ann M
Bought by
Bullard Rita M
Source: Public Records

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
Tsm Property Llc $215,000 Cislo Title Company
Mmjf Properties Llc $932,000 None Available
Mico Properties Llc $66,000 First American Title Ins Co
Court/Franklin Apartments Llc -- None Available
Bullard Patrick -- Pinnacle Title
Bullard Rita M $172,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsm Property Llc $161,250
Previous Owner Mmjf Properties Llc $662,149
Previous Owner Bullard Patrick $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $215,000 -3.5% $67 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $222,900 0.0% $69 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $222,900 0.0% $69 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $222,900 +237.7% $69 / Sq Ft
11/24/2015 11/24/15 Sold $66,000 -12.0% $20 / Sq Ft
10/25/2015 10/25/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $75,000 -- $23 / 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 $8,402 $116,500 $0 $0
2023 $4,861 $97,700 $0 $0
2022 $0 $81,900 $0 $0
2021 $4,856 $57,300 $0 $0
2020 $4,420 $55,700 $0 $0
2019 $4,806 $71,000 $0 $0
2018 $2,664 $59,700 $0 $0
2017 $2,597 $0 $0 $0
2016 $2,580 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $25,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221062674

Realcomp

APN: 41-08-384-029