NOT LISTED FOR SALE

Estimated Value: $66,000 - $99,941

4 Beds
4 Baths
1,584 Sq Ft
$50/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $59,000 $37 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $517/month

27 Days on Market

About This Home

As of February 2021

Income-producing quadruplex with all new electrical, installed and inspected by the city of Flint in fall of 2020. Projected 34% gross ROI. Two units are currently rented at $500 and $400 respectively. Two other units are ready to be rented. Property management in place, or hire your own. This won't last!!

Last Listed By

Timothy Kish

Ada Home Realty LLC License #6502393543 Listed on: 11/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 135.00x100.00

Home Design

  • Quadruplex
  • Stone Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 1,584 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4733358046

Community Details

Overview

  • 4 Units

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$954

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1929
  • State Equalized Value: 9700.0000
  • Pets Allowed: Cats OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 1584
  • Total Sq Ft: 1584
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Stone
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Flint

Lot Info

  • List Price per Acre: 193548.3871
  • Lot Size Area: 0.31
  • Lot Dimensions: 135.00X100.00
  • Parcel Number: 4733358046
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 896.0000
  • Tax Amount Winter: 58.0000
  • Total Tax: 954.0000
  • Taxable Value: 9700.0000

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 2

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Jayla Mills
Bought by
2923 Mcclure Llc
Total Days on Market
27
Current Estimated Value
$78,985

Purchase Details

Listed on
Nov 8, 2020
Closed on
Feb 11, 2021
Sold by
Kca Group Investments Llc
Bought by
Mills Jayla
Seller's Agent
Timothy Kish
Ada Home Realty LLC
Buyer's Agent
Timothy Kish
Ada Home Realty LLC
List Price
$60,000
Sold Price
$59,000
Premium/Discount to List
-$1,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Jul 9, 2020
Sold by
Dst Rentals Llc
Bought by
Kca Group Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,920
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 6, 2017
Closed on
Jan 25, 2017
Sold by
Hoye Charles Andrew and Garnett Dace
Bought by
Dst Rentals Llc
Seller's Agent
Scott McMahan
McMahan Real Estate LLC
Buyer's Agent
Scott McMahan
McMahan Real Estate LLC
List Price
$30,000
Sold Price
$23,000
Premium/Discount to List
-$7,000
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.03%

Purchase Details

Closed on
Aug 30, 2016
Sold by
Choate Betty Sue
Bought by
Hoye Charles Andrew

Purchase Details

Closed on
Sep 5, 2007
Sold by
Parker Micah L
Bought by
Choate Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,100
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 13, 2001
Sold by
Choate Jerome W
Bought by
Choate Betty S

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
2923 Mcclure Llc -- None Listed On Document
Mills Jayla $59,000 Title Connect
Kca Group Investments Llc $49,900 Liberty Title
Dst Rentals Llc $13,000 Crossroads Title
Hoye Charles Andrew -- None Available
Choate Betty -- First American Title Ins Co
Choate Betty S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kca Group Invetsments Llc $39,920
Previous Owner Choate Betty S $11,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $59,000 -1.7% $37 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $60,000 0.0% $38 / Sq Ft
11/01/2017 11/01/17 Rented $530 +41.3% --
10/23/2017 10/23/17 Under Contract -- -- --
10/02/2017 10/02/17 For Rent $375 0.0% --
09/26/2017 09/26/17 Under Contract -- -- --
09/06/2017 09/06/17 For Rent $375 0.0% --
01/25/2017 01/25/17 Sold $23,000 -23.3% $15 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $30,000 -- $19 / 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 $2,454 $27,900 $0 $0
2023 $2,396 $23,300 $0 $0
2022 $0 $16,300 $0 $0
2021 $1,907 $15,700 $0 $0
2020 $1,418 $11,500 $0 $0
2019 $896 $9,700 $0 $0
2018 $1,646 $10,900 $0 $0
2017 $1,713 $0 $0 $0
2016 $1,610 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $11,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200092193

Realcomp

APN: 47-33-358-046