NOT LISTED FOR SALE

301 E Hemphill Rd Flint, MI 48507

Dixieland Neighborhood

Estimated Value: $95,000 - $163,000

12 Beds
8 Baths
5,000 Sq Ft
$25/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $214,000 $43 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $917/month

47 Days on Market

About This Home

As of October 2018

Great Investment Property. Two buildings with 4 units in each. Each Building has 2 one bedroom units and 2 two bedroom units. The units both have newer boiler systems. Currently Rented And Cash Flowing. Call Today To Schedule A Showing.Buyers agent to verify all information in this listing.

Last Listed By

Chris Gebrael

Gebrael Management License #FAAR-125421 Listed on: 08/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1971

Lot Details

  • 9,583 Sq Ft Lot
  • 221 Ft Wide Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Brick Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 8 Units
  • Net Operating Income $1,090

Listing and Financial Details

  • Assessor Parcel Number 41-29-160-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,200

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 1971
  • Mail City: Flint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Brick
  • Bedrooms: 12
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Estimated Sq Ft: 5000

Exterior Features

  • Construction: Brick
  • Frontage: 221
  • Foundation Type: Slab
  • Roads: Paved Street
  • Frontage Type: Road

Utilities

  • Water: Community
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 41-29-160-031
  • Acreage: 0.22
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $3,000.00
  • Winter Tax: Amount: $1,200.00

Multi Family

  • Total Units: 8

MLS Schools

  • School District: Flint City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 5, 2018
Sold by
Nationwide Property Partners Llc
Bought by
Kowal Karnowska Llc
Seller's Agent
Chris Gebrael
Gebrael Management
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$285,000
Sold Price
$214,000
Premium/Discount to List
-$71,000
-24.91%
Total Days on Market
47
Current Estimated Value
$123,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,871
Avg. Annual Appreciation
-8.80%

Purchase Details

Listed on
Oct 9, 2017
Closed on
Nov 29, 2017
Sold by
Hemphill Apartments Llc
Bought by
Nationwide Property Partners Llc
Seller's Agent
Nadeem Gebrael
Gebrael Management
Buyer's Agent
Nadeem Gebrael
Gebrael Management
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.91%

Purchase Details

Listed on
Oct 10, 2012
Closed on
May 15, 2013
Sold by
The Estate Of Glenn W Wade
Bought by
Hemphill Apartments Llc
Seller's Agent
Kenneth Duetsch
Red Carpet Keim Action Group 1
Buyer's Agent
Kenneth Duetsch
Red Carpet Keim Action Group 1
List Price
$99,900
Sold Price
$83,000
Premium/Discount to List
-$16,900
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$78,954
Interest Rate
5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 10, 2012
Closed on
Apr 26, 2013
Sold by
Wade Betty L
Bought by
The Estate Of Glenn W Wade
Seller's Agent
Kenneth Duetsch
Red Carpet Keim Action Group 1
Buyer's Agent
Kenneth Duetsch
Red Carpet Keim Action Group 1
List Price
$99,900
Sold Price
$83,000
Premium/Discount to List
-$16,900
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,954
Interest Rate
5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Kowal Karnowska Llc $214,000 Dream Title & Escrow Agency
Nationwide Property Partners Llc $130,000 None Available
Hemphill Apartments Llc $83,000 Sargents Title Company
The Estate Of Glenn W Wade -- Sargents Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pineview Investments Llc $250,000
Previous Owner Hemphill Apartments Llc $78,954
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $214,000 -23.6% $43 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $280,000 -1.8% $56 / Sq Ft
08/15/2018 08/15/18 For Sale $285,000 +119.2% $57 / Sq Ft
11/04/2017 11/04/17 Sold $130,000 -13.3% $23 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $149,900 +80.6% $27 / Sq Ft
05/15/2013 05/15/13 Sold $83,000 -16.9% $30 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $99,900 -- $36 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,810 $39,300 $0 $0
2023 $2,737 $32,200 $0 $0
2022 $0 $27,200 $0 $0
2021 $3,043 $34,500 $0 $0
2020 $2,800 $36,200 $0 $0
2019 $2,216 $30,400 $0 $0
2018 $2,683 $28,800 $0 $0
2017 $2,334 $0 $0 $0
2016 $1,845 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $23,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Gebrael

    Seller's Agent in 2018

    Chris Gebrael

    Gebrael Management

    (810) 210-2172

    1 in this area

    179 Total Sales

    Chris Gebrael
    Section Image

  • M

    Buyer's Agent in 2018

    Mirs Staff

    MI_MiRealSource

  • Nadeem Gebrael

    Seller's Agent in 2017

    Nadeem Gebrael

    Gebrael Management

    (810) 423-3718

    2 in this area

    167 Total Sales

    Nadeem Gebrael
    Section Image

  • Y

    Buyer's Agent in 2017

    Yvette Clark

    Temporary Inactive Users

  • K

    Seller's Agent in 2013

    Kenneth Duetsch

    Red Carpet Keim Action Group 1

    (810) 577-7594

    102 Total Sales

    Kenneth Duetsch
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 100003642

Michigan Multiple Listing Service

APN: 41-29-160-029

Michigan Genesee County Flint 48507 Dixieland

301 E Hemphill Rd, Flint, MI

Homes for Sale in Flint, MI

This home is located at 301 E Hemphill Rd, Flint, MI 48507 since 15 August 2018 and is currently estimated at $123,129, approximately $24 per square foot. This property was built in 1971. 301 E Hemphill Rd is a home located in Genesee County with nearby schools including Freeman Elementary School, Flint Southwestern Classical Academy, and International Academy of Flint (K-12).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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