NOT LISTED FOR SALE

2341 Mallison Ave Flint, MI 48532

Estimated Value: $150,079 - $175,000

8 Beds
4 Baths
2,600 Sq Ft
$63/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $120,000 $46 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,126/month

112 Days on Market

Highlights

  • 0.58 Acre Lot
  • Porch
  • Hot Water Heating System
  • Ranch Style House
  • Forced Air Heating System

About This Home

As of December 2020

BACK ON THE MARKET DUE TO COMPLICATIONS WITH BUYER FINANCING. GREAT OPPORTUNITY!
Great cash flow investment. Owned and managed by listing broker since 2013. Updates include new plumbing throughout all units, 2 completely rehabbed units, 2 partial rehabbed units. 2 furnaces and all water heaters replaced in last 5 years. 35 year roofs less than 10 years old. Great area, easy to rent. Sale includes 3 parcels: 07200032 2341 Mallison duplex; 0720400031 2331 Mallison 2/1 SFH; 0720400030 5171 Darby 2/1 SFH. All four units are 2 bed/1 ba. All units share one well. Duplex rent includes utilities. SFH units rent excludes utilities (except water and trash). Exterior walk around showings with listing broker and buyer's agent for qualified buyers. Interior inspections with accepted purchase agreement only. Please do not disturb tenants. BTVAI.

Last Agent to Sell the Property

Scott McMahan

McMahan Real Estate LLC License #6501380184 Listed on: 08/20/2020

Last Buyer's Agent

Wilson Lahoud

Inca Realty, LLC License #6501303462

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1974 | Remodeled in 2018

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 80.00x120.00
  • Property fronts a private road

Parking

  • Assigned Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2,600 Sq Ft Home
  • Crawl Space

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0720400032

Community Details

Overview

  • 4 Units
  • Sunshine Gardens Subdivision

Pet Policy

  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,275

Year Built

Built in 1974 | Remodeled in 2018

Lot Details

0.58 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 1113.78
  • Year Built: 1974
  • State Equalized Value: 25400.0000
  • Year Renovated: 2018
  • Pets Allowed: Size Limit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Total Sq Ft: 2600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Gravel, Private

Garage/Parking

  • MF Parking: Assigned Spaces

Utilities

  • Heating Fuel: LP Gas/Propane
  • Heating: Forced Air, Hot Water
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Electric
  • Water Source: Well-Existing
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 223965.5172
  • Lot Size Area: 0.58
  • Lot Dimensions: 80.00X120.00
  • Parcel Number: 0720400032
  • Zoning: Residential

Rental Info

  • Rent Includes: Electric, Garbage Pickup, Heat, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 826.0000
  • Tax Amount Winter: 1449.0000
  • Total Tax: 2275.0000
  • Taxable Value: 20517.0000

Multi Family

  • Gross Scheduled Income: 31200.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Carman-Ainsworth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Dec 31, 2020
Sold by
David Hunt Of J & D Enterprises Llc
Bought by
Lightsource Homes Llc
Seller's Agent
Scott McMahan
McMahan Real Estate LLC
Buyer's Agent
Wilson Lahoud
Inca Realty, LLC
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Current Estimated Value
$163,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,020
Avg. Annual Appreciation
6.15%

Purchase Details

Listed on
Aug 20, 2020
Closed on
Dec 30, 2020
Sold by
Mcmahan Scott and Lightsource Home Llc
Bought by
Burbar Nadim
Seller's Agent
Scott McMahan
McMahan Real Estate LLC
Buyer's Agent
Wilson Lahoud
Inca Realty, LLC
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%

Purchase Details

Closed on
Dec 27, 2004
Sold by
Dreasky Douglas and Dreasky Shirley
Bought by
J & D Enterprises Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lightsource Homes Llc $5,428 Fidelity National Title
Burbar Nadim $120,000 None Available
J & D Enterprises Llc $65,000 Sargents Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2020 12/31/20 Sold $120,000 -7.6% $46 / Sq Ft
12/17/2020 12/17/20 For Sale $129,900 0.0% $50 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $129,900 0.0% $50 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $129,900 +766.0% $50 / Sq Ft
03/16/2014 03/16/14 Sold $15,000 -69.9% $13 / Sq Ft View Prior Sale
03/16/2014 03/16/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $49,900 -- $42 / 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 $3,435 $47,700 $0 $0
2024 $2,054 $45,600 $0 $0
2023 $1,975 $35,300 $0 $0
2022 $1,221 $30,800 $0 $0
2021 $1,196 $29,500 $0 $0
2020 $1,347 $28,500 $0 $0
2019 $826 $25,400 $0 $0
2018 $2,265 $25,800 $0 $0
2017 $2,589 $25,800 $0 $0
2016 $2,241 $22,000 $0 $0
2015 $1,117 $20,200 $0 $0
2014 $800 $19,300 $0 $0
2012 -- $25,200 $25,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200067939

Realcomp

APN: 07-20-400-032

Your Personal Tour Guide

Ask me questions while you tour the home.