$575,000
SOLD MAR 12, 2025

221 W Flint St Davison, MI 48423

14 Beds
8 Baths
6,600 Sq Ft
0.35 Acres

Recently Sold

$87 Per Sq Ft

4% Below List Price

3 Days on Market

Highlights

  • Baseboard Heating
  • Hill Elementary School Rated A-
  • Laundry Facilities

About This Home

As of March 2025

Excellent investment opportunity on this two building, 8 unit apartment complex in the heart of Downtown Davison. Five of the 8 units have been renovated. Updates include new roofs, gutters, new heating system (2024), and all common areas have been painted and carpeted in January of 2025. High demand area, and vacancies fill up quickly. Close to shopping, parks, and dining and I69-clients can enjoy all that Davison has to offer.

Last Agent to Sell the Property

Stephan Brochu

RE/MAX Platinum - Grand Blanc License #6501309422 Listed on: 01/22/2025

RE/MAX Platinum - Grand Blanc

Last Buyer's Agent

Paul Mychalowych

EXP Realty Birmingham License #6506042081

EXP Realty Birmingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 102.00 x 148.00

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 8 Full Bathrooms
  • 6,600 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Outdoor Features

  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5209526125

Community Details

Overview

  • 8 Units
  • Assr's Plat City Of Davison Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,352

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1965
  • State Equalized Value: 111600.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Laundry Facility
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Sq Ft Combined: 6600
  • Total Sq Ft: 6600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Frontage Feet: 102
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Davison

Lot Info

  • Lot Size Area: 0.35
  • Lot Dimensions: 102.00 x 148.00
  • Parcel Number: 5209526125
  • Zone Conform: Yes
  • Zoning: Commercial, Multi-Family

Tax Info

  • Tax Amount Summer: 3180.0000
  • Tax Amount Winter: 4172.0000
  • Total Tax: 7352.0000
  • Taxable Value: 111600.0000

Multi Family

  • Number Of Units Total: 8
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 6
  • Number Of Units Leased: 8

MLS Schools

  • School District: Davison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Mar 12, 2025
Sold by
Davison Place Llc
Bought by
Flint Equity Partners Llc
Seller's Agent
Stephan Brochu
RE/MAX Platinum - Grand Blanc
Buyer's Agent
Paul Mychalowych
EXP Realty Birmingham
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Views
24
Current Estimated Value
$577,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,129
Avg. Annual Appreciation
1.13%

Purchase Details

Closed on
Sep 30, 2022
Sold by
Leaffrey Management Llc
Bought by
Davison Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2008
Sold by
Swan Stuart E and Swan Leslie E
Bought by
Leaffrey Management Llc

Purchase Details

Closed on
Mar 21, 2002
Sold by
Williams Christine Louise and Baldwin Williams Christine Louise
Bought by
Swan Stuart E and Swan Leslie E

Purchase Details

Closed on
Dec 5, 1996
Sold by
Baldwin Williams Christine Louise
Bought by
Murray Thomas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
9%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $575,000 Select Title
Warranty Deed $300,000 Select Title
Warranty Deed $240,000 Cislo Title Co
Warranty Deed $195,000 Guardian Title Company
Land Contract $195,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 New Conventional
Previous Owner $750,000 Commercial
Previous Owner $155,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $575,000 -4.2% $87 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $599,900 0.0% $91 / Sq Ft
02/20/2024 02/20/24 Rented $775 0.0% --
02/19/2024 02/19/24 Under Contract -- -- --
02/14/2024 02/14/24 Price Changed $775 -3.1% $0 / Sq Ft
02/09/2024 02/09/24 For Rent $800 -- --
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 $3,180 $111,600 $0 $0
2023 $3,183 $111,600 $0 $0
2022 $7,369 $111,600 $0 $0
2021 $7,216 $111,600 $0 $0
2020 $3,010 $111,600 $0 $0
2019 $5,899 $111,600 $0 $0
2018 $6,492 $111,600 $0 $0
2017 $6,449 $111,600 $0 $0
2016 $6,235 $110,500 $0 $0
2015 $6,491 $106,500 $0 $0
2012 -- $99,500 $30,200 $69,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250003898

Realcomp

APN: 52-09-526-125