NOT LISTED FOR SALE

314 W 5th St Flint, MI 48502

Grand Traverse Neighborhood

Estimated Value: $357,700

7 Beds
8 Baths
4,819 Sq Ft
$74/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $292,000 $61 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,432/month

90 Days on Market

Highlights

  • 0.25 Acre Lot
  • Hot Water Heating System
  • 1-minute walk to Memorial Park Playground
  • Colonial Architecture

About This Home

As of October 2021

Large, 7 unit multifamily building with full occupancy. Great investment property with potentially high profitability. Each unit contains kitchen, bedroom, bath and living area. Extremely desirable location less than 1 mile of UM-Flint campus. Consistently stays rented. Abundance of parking.

Last Agent to Sell the Property

Joshua Lewandowski

Keller Williams First License #6501354932 Listed on: 06/02/2021

Keller Williams First

Last Buyer's Agent

Kelly Schmidt

Realty Concierge Group License #6501361518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 77.80x156.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 8 Full Bathrooms
  • 4,819 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4118161010
  • $2,500 Seller Concession

Community Details

Overview

  • 7 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,310

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1927
  • State Equalized Value: 73800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 6019
  • Sq Ft Lower Floor: 1200
  • Total Sq Ft: 4819
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Foundation Materials: Block
  • Frontage Feet: 77
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Flint

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 77.80X156.00
  • Parcel Number: 4118161010
  • Zoning: Commercial

Tax Info

  • Tax Amount Summer: 4875.0000
  • Tax Amount Winter: 435.0000
  • Total Tax: 5310.0000
  • Taxable Value: 72858.0000

Multi Family

  • Gross Scheduled Income: 45770.00
  • Number Of Units Total: 7
  • Number of Efficiency Units: 2
  • Number of One Bedroom Units: 3
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 7

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Oct 29, 2021
Sold by
Student Housing Solutions Llc
Bought by
Vault Property Management Llc
Seller's Agent
Joshua Lewandowski
Keller Williams First
Buyer's Agent
Kelly Schmidt
Realty Concierge Group
List Price
$319,900
Sold Price
$292,000
Premium/Discount to List
-$27,900
-8.72%
Current Estimated Value
$357,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,700
Avg. Annual Appreciation
5.30%
Original Mortgage
$219,000
Outstanding Balance
$201,151
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$156,549

Purchase Details

Closed on
Jun 25, 2021
Sold by
Superczynski Richard A
Bought by
Student Housing Solutions Lw

Purchase Details

Closed on
Jun 24, 2021
Sold by
Superczynski Richard A
Bought by
Student Housing Solutions Llc

Purchase Details

Closed on
Jun 24, 2016
Sold by
Superczynski Richard A
Bought by
Student Housing Solutions Llc

Purchase Details

Closed on
Jul 6, 2011
Sold by
Wheeler Lucia Layne W and Wheeler Lucia Layne
Bought by
Superczynski Richard A

Purchase Details

Closed on
Feb 11, 2000
Sold by
Theodoroff Theodoroff C and Theodoroff J
Bought by
Lucia Lane Wheeler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9.5%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Vault Property Management Llc $292,000 None Listed On Document
Student Housing Solutions Lw $48,000 None Listed On Document
Student Housing Solutions Llc $48,000 Cislo Title Company
Student Housing Solutions Llc -- None Available
Superczynski Richard A $47,000 Sargents Title Company
Lucia Lane Wheeler $91,161 Guaranty Title Company
Lucia Layne Wheeler -- Guaranty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucia Layne Wheeler $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $349,999 -4.1% $86 / Sq Ft
06/30/2025 06/30/25 For Sale $365,000 +25.0% $90 / Sq Ft
10/29/2021 10/29/21 Sold $292,000 -2.3% $61 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $299,000 -6.5% $62 / Sq Ft
06/28/2021 06/28/21 For Sale $319,900 0.0% $66 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $319,900 -- $66 / 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 $6,434 $123,600 $0 $0
2023 $6,171 $93,900 $0 $0
2022 $0 $89,700 $0 $0
2021 $5,418 $73,500 $0 $0
2020 $4,875 $73,800 $0 $0
2019 $4,671 $71,500 $0 $0
2018 $5,299 $74,900 $0 $0
2017 $5,587 $0 $0 $0
2016 $4,263 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $64,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake Worthington

    Seller's Agent in 2025

    Jake Worthington

    Wentworth Real Estate Group

    (810) 931-7290

    152 Total Sales

    Jake Worthington
    Section Image
  • Joshua Lewandowski

    Seller's Agent in 2021

    Joshua Lewandowski

    Keller Williams First

    (810) 691-3970

    1 in this area

    46 Total Sales

    Joshua Lewandowski
    Section Image

  • K

    Buyer's Agent in 2021

    Kelly Schmidt

    Realty Concierge Group

    (800) 417-0117

    1 in this area

    44 Total Sales

    Kelly Schmidt
    Section Image
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Map

Source: Realcomp

MLS Number: 2210041571

Realcomp

APN: 41-18-161-010

Michigan Genesee County Flint 48502 Grand Traverse

314 W 5th St, Flint, MI

This home is located at 314 W 5th St, Flint, MI 48502 since 02 June 2021 and is currently estimated at $357,700, approximately $74 per square foot. This property was built in 1927. 314 W 5th St is a home located in Genesee County with nearby schools including Eisenhower 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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