NOT LISTED FOR SALE

Estimated Value: $62,000 - $101,000

5 Beds
2 Baths
1,558 Sq Ft
$48/Sq Ft Est. Value

Last Sold February 27, 2013

Last sale price $1,109 $1 Per Sq Ft

Est. 6,616% increase in value since last sale

Current estimated payment $512/month

64 Days on Market

About This Home

As of February 2013

You better jump on this amazing opportunity because ones like this only come around every once and awhile! This two unit could make you some money with it close proximity to shopping and expressway and s much more. Live in one half and rent out the other or rent out both sides and just watch the cash flow in! Don't miss out on this listing, call today!

Last Listed By

Ryan McFarlane

McFarlane Group Real Estate LLC License #6501319431 Listed on: 11/21/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x98

Interior Spaces

  • 2 Full Bathrooms
  • 1,558 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Mason Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4014389034

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1558
  • Total Sq Ft: 1558

Exterior Features

  • Foundation Details: Basement
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Flint

Lot Info

  • List Price per Acre: 111100.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 40X98
  • Parcel Number: 4014389034
  • Zone Conform: Yes
  • Zoning: Residential
  • Homestead Percent: 0 Percent
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 929.0000
  • Tax Amount Winter: 68.0000
  • Total Tax: 997.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2014
Sold by
Harbour Portfolio Vii Lp
Bought by
Amo Contracting Inc
Total Days on Market
64
Current Estimated Value
$74,475

Purchase Details

Listed on
Nov 21, 2012
Closed on
Feb 22, 2013
Sold by
Fannie Mae
Bought by
Harbour Portfolio Vii Lp
Seller's Agent
Ryan McFarlane
McFarlane Group Real Estate LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$11,865
Sold Price
$1,109
Premium/Discount to List
-$10,756
-90.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.22%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Onewest Bank Fsb
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Apr 18, 2012
Sold by
Bounenni Walid H and Bounenni Jacquelyn S
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Oct 25, 2005
Sold by
Simpkins Dennis P and Simpkins Tracey M
Bought by
Bounenni Walid H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,925
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2001
Sold by
Tallman Nancy and Earns Donna L
Bought by
Simpkins Dennis P and Simpkins Tracey M

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
Amo Contracting Inc $430 None Available
Harbour Portfolio Vii Lp $1,109 Servicelink
Fannie Mae -- None Available
Onewest Bank Fsb $45,430 None Available
Bounenni Walid H $51,500 First American Title Ins Co
Simpkins Dennis P $40,000 Greco Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bounenni Walid H $48,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2013 02/27/13 Sold $1,109 -90.7% $1 / Sq Ft
01/24/2013 01/24/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $11,865 -- $8 / 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 $1,183 $20,000 $0 $0
2023 $1,162 $20,100 $0 $0
2022 $0 $14,900 $0 $0
2021 $1,139 $12,300 $0 $0
2020 $1,064 $11,900 $0 $0
2019 $878 $9,600 $0 $0
2018 $1,014 $9,900 $0 $0
2017 $992 $0 $0 $0
2016 $986 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $12,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212117794

Realcomp

APN: 40-14-389-034