NOT LISTED FOR SALE

Estimated Value: $111,000 - $227,159

4 Beds
4 Baths
3,672 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $180,000 $49 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,443/month

10 Days on Market

About This Home

As of January 2022

AN INVESTORS DREAM ADD THIS MUTIFAMILY FOUR UNIT TO YOUR PORTFOLIO. ALL FOUR UNITS WERE UPDATED IN 2016 WITH A NEW HVAC, HOT WATER TANK, VINYL WINDOWS AND NEW REFRIGERTOR AND STOVE. EACH UNIT HAS ONE BEDROOM AND ONE FULL BATH. EACH UNIT HAS ACCESS TO A CARPORT.

Last Listed By

Jeanine Taylor

Michael Group Realty LLC License #6501304491 Listed on: 11/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1967

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100.00x100.00

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 4 Full Bathrooms
  • 3,672 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4116451019

Community Details

Overview

  • 4 Units
  • Wood Lane Replat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,579

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Assessment: 770.88
  • Year Built: 1967
  • State Equalized Value: 33500.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 3672
  • Total Sq Ft: 3672

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Carports

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: 0.23
  • Lot Dimensions: 100.00X100.00
  • Parcel Number: 4116451019
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 2430.0000
  • Tax Amount Winter: 149.0000
  • Total Tax: 2579.0000
  • Taxable Value: 25350.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 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

Closed on
Dec 12, 2023
Sold by
Teamer Cedric
Bought by
Teamers Way Llc
Total Days on Market
10
Current Estimated Value
$195,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Outstanding Balance
$157,612
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$28,224

Purchase Details

Listed on
Nov 22, 2021
Closed on
Jan 31, 2022
Sold by
Summit Management Group Ltd
Bought by
Teamer Cedric
Seller's Agent
Jeanine Taylor
Michael Group Realty LLC
Buyer's Agent
Jocelyn Tucker
The Brand Real Estate
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.97%
Original Mortgage
$142,400
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2015
Sold by
Martin Albert and Martin Marian D
Bought by
Summit Management Group Ltd Michigan

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
Teamers Way Llc -- Carbon Title And Escrow Servic
Teamer Cedric $180,000 Reputation First Title
Summit Management Group Ltd Michigan $32,000 Mason Burgess Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teamers Way Llc $159,250
Previous Owner Teamer Cedric $142,400
Previous Owner Summit Management Group Ltd $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $180,000 0.0% $49 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $180,000 -- $49 / 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 $4,225 $68,000 $0 $0
2023 $4,091 $49,400 $0 $0
2022 $0 $46,600 $0 $0
2021 $2,605 $33,500 $0 $0
2020 $2,408 $25,000 $0 $0
2019 $1,851 $26,100 $0 $0
2018 $2,355 $24,100 $0 $0
2017 $2,725 $0 $0 $0
2016 $2,759 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $42,200 $42,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210096415

Realcomp

APN: 41-16-451-019