NOT LISTED FOR SALE

3140 W Sherman Ave Flint, MI 48504

Estimated Value: $45,000 - $67,000

3 Beds
1 Bath
944 Sq Ft
$61/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $5,750 $6 Per Sq Ft

Est. 898% increase in value since last sale

Current estimated payment $325/month

51 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of October 2013

12 single family units in total. ($84,000 total) All units occupied and many have multi-year tenants in place. Huge Return on Investment on this property management company ran package of rental homes. Totally hands off just sit back and collect the checks. Bulk package is available for cash only offers. Year to date returns available upon request but projections currently at 27% Net R.O.I.. Call or email for complete List of 12 addresses or Profit / Loss

Last Agent to Sell the Property

Paul Raymond

REMAX Select License #FAAR-123472 Listed on: 09/13/2013

REMAX Select

Last Buyer's Agent

Mirs Staff

MiRealSource Michigan MLS License #MISPE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 117 x 95
  • Fenced Yard

Home Design

  • 944 Sq Ft Home
  • Ranch Style House
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Mayfair 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-27-576-207

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 517.83
  • Year Built: 1956
  • Mail City: Flint
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 10
  • Bedroom 2: Dimensions: 11 x 10
  • Bedroom 3: Dimensions: 11 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: Dimensions: 14 x 12
  • Living Room: Dimensions: 15 x 13
  • Above Grade Finished Sq Ft: 944
  • Total Finished Sq Ft: 944

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Frontage: 117
  • Road: Gravel
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary, Public At Street
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 14-27-576-207
  • Lot Dimensions: 117 x 95
  • Acreage: 0.26
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $96.66
  • Winter Tax: Amount: $421.17
  • Total Tax: Amount: $517.83

MLS Schools

  • School District: Westwood Heights School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2013
Closed on
Oct 23, 2013
Sold by
Mounier David W
Bought by
World Christians Foundation
Seller's Agent
Paul Raymond
REMAX Select
Buyer's Agent
Mirs Staff
MiRealSource Michigan MLS
List Price
$7,000
Sold Price
$5,750
Premium/Discount to List
-$1,250
-17.86%
Current Estimated Value
$57,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,644
Avg. Annual Appreciation
21.69%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Jackson Teresa
Bought by
Tomlin Family Trust and Mountier Family Trust

Purchase Details

Closed on
Aug 15, 2008
Sold by
Oakwood Realty Inc
Bought by
Jon C Wothke Trust
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
World Christians Foundation $69,000 Cislo Title Co
Tomlin Family Trust -- None Available
Jon C Wothke Trust -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $5,750 -17.9% $6 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $7,000 -- $7 / 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 $100 $21,500 $0 $0
2023 $96 $17,500 $0 $0
2022 $746 $15,300 $0 $0
2021 $743 $13,300 $0 $0
2020 $88 $12,600 $0 $0
2019 $86 $10,200 $0 $0
2018 $573 $7,300 $0 $0
2017 $562 $7,100 $0 $0
2016 $563 $7,100 $0 $0
2015 $426 $7,200 $0 $0
2014 $100 $8,700 $0 $0
2012 -- $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Paul Raymond

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2013

    Mirs Staff

    MI_MiRealSource

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30030353

Michigan Multiple Listing Service

APN: 14-27-576-207

Michigan Genesee County Flint 48504

3140 W Sherman Ave, Flint, MI

This home is located at 3140 W Sherman Ave, Flint, MI 48504 since 13 September 2013 and is currently estimated at $57,394, approximately $60 per square foot. This property was built in 1956. 3140 W Sherman Ave is a home located in Genesee County with nearby schools including Colonel Donald Mcmonagle Elementary School, Hamady Community Middle/High School, and Eagle's Nest Academy.

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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