NOT LISTED FOR SALE

Estimated Value: $75,000 - $109,917

4 Beds
2 Baths
1,560 Sq Ft
$62/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $43,500 $28 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $685/month

92 Days on Market

About This Home

As of January 2020

Opportunity Knocks! Fully occupied rental home 3 houses away from Kettering University. Perfect location! Lower unit has had the same tenant for 6 years and is always current with payment and wishes to stay long term. Lower unit is 2 bedroom/1 bath and rents for $615. Upstairs has two one bedroom units and a shared kitchen/living room. Upstairs student housing bedrooms rent for $370 and $350. Upstairs was fully remodeled in 2016 including the roof and brand new furnace installed October 2019. Gross income is $16,020 and net income is $9,900. 2 car garage has been reinforced. You can't go wrong with this location!

Last Agent to Sell the Property

Adam Haffajee

C2C Real Estate Group License #6502432937 Listed on: 09/11/2019

Last Buyer's Agent

Adam Schaffer

LPT Realty, LLC License #6501413469

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 49.00x121.00

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,560 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Modern Housing Corporation Add No 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4014229047

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1920
  • State Equalized Value: 16400.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1560

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 356428.5714
  • Lot Size Area: 0.14
  • Lot Dimensions: 49.00X121.00
  • Parcel Number: 4014229047
  • Zoning: Residential

Rental Info

  • Rent Includes: Cable TV, Electric, Heat, Water/Sewer
  • Monthly Rental Income: 1335

Tax Info

  • Tax Amount Summer: 1133.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 1219.0000
  • Taxable Value: 14294.0000

Multi Family

  • Gross Scheduled Income: 16020.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
Scott Fray and Scott Tammy Fray
Bought by
Fray Properties Llc
Current Estimated Value
$95,979

Purchase Details

Listed on
Sep 11, 2019
Closed on
Jan 8, 2020
Sold by
St 1912 Cartier
Bought by
Fray Scott and Fray Tammy
Seller's Agent
Adam Haffajee
C2C Real Estate Group
Buyer's Agent
Adam Schaffer
LPT Realty, LLC
List Price
$49,900
Sold Price
$43,500
Premium/Discount to List
-$6,400
-12.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%

Purchase Details

Closed on
Sep 6, 2018
Sold by
Salajeka Ryan
Bought by
1912 Cartier St Llc

Purchase Details

Closed on
Mar 16, 2017
Sold by
Salajekeh Anne E and Salajekeh Robert Bahram
Bought by
Salajeka Ryan Eric

Purchase Details

Closed on
Jan 3, 2006
Sold by
Salajekeh Robert Bahram and Salajekeh Anne E
Bought by
Salajekeh Robert Bahram and Salajekeh Anne E

Purchase Details

Closed on
Apr 27, 2000
Sold by
Selesan Selesan G and Selesan D
Bought by
Salajekeh Robert Bahram and Salajekeh Anne E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fray Properties Llc -- None Available
Fray Scott $43,500 None Available
1912 Cartier St Llc -- None Available
Salajeka Ryan Eric -- None Available
Salajekeh Robert Bahram -- None Available
Salajekeh Robert Bahram $70,000 Sargents Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2020 01/08/20 Sold $43,500 -12.8% $28 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $49,900 -- $32 / Sq Ft
Source: Realcomp

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
2025 $2,306 $45,600 $0 $0
2024 $2,110 $47,800 $0 $0
2023 $2,041 $32,500 $0 $0
2022 $0 $25,900 $0 $0
2021 $2,128 $25,700 $0 $0
2020 $1,476 $25,300 $0 $0
2019 $1,432 $18,100 $0 $0
2018 $1,219 $16,400 $0 $0
2017 $1,185 $0 $0 $0
2016 $1,185 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $19,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219093905

Realcomp

APN: 40-14-229-047

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