Gary Hobson
REMAX Edge
(810) 339-4497
164 Total Sales
2 in Eastside
$8K - $24K Price Range
3211 N Franklin Ave Flint, MI 48506
Eastside NeighborhoodEstimated Value: $327,728
14
Beds
28
Baths
8,000
Sq Ft
$41/Sq Ft
Est. Value
Highlights
- 0.32 Acre Lot
- 1-Story Property
- Baseboard Heating
About This Home
As of April 2021**BACK ON THE MARKET,***Fully occupied, easy-to-rent, 14 unit apartment building. Tenants pay all utilities after new in unit water meters installed in 2020, new gutters and downspouts installed in 2018, several units have all new appliances. Property management in place, or bring your own. Current NOI $44,316.00 with a cap rate of 16.7%. Room to increase rents to market and boost cap rate to 18%. Coin operated laundry brings in roughly $200/month. Offers encouraged. Please do not disturb tenants, contact the listing agent to schedule showings.
Last Agent to Sell the Property
Ada Home Realty LLC License #6502393543 Listed on: 01/07/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1970
Lot Details
- 13,939 Sq Ft Lot
- Lot Dimensions are 220.00x64.00
Home Design
- Brick Exterior Construction
- Slab Foundation
- Poured Concrete
- Vinyl Construction Material
Interior Spaces
- 8,000 Sq Ft Home
- 1-Story Property
Utilities
- Back Up Electric Heat Pump System
- Baseboard Heating
Community Details
- 14 Units
- Motor Heights Second Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 4105133038
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 14, 2022
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jan 7, 2021
Closed on
Apr 7, 2021
Sold by
Bought by
Seller's Agent
Timothy Kish
Ada Home Realty LLC
Buyer's Agent
Jamison Agnello
Brookstone, Realtors LLC
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$220,000
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Mar 29, 2019
Closed on
Jun 26, 2019
Sold by
Bought by
Seller's Agent
Edward Constable
Tremaine Real Estate
Buyer's Agent
Timothy Kish
Ada Home Realty LLC
List Price
$199,900
Sold Price
$199,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.50%
Original Mortgage
$159,920
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 9, 2004
Sold by
Bought by
Purchase Details
Closed on
Dec 12, 2002
Sold by
Bought by
Purchase Details
Closed on
Feb 19, 2002
Sold by
Bought by
Purchase Details
Closed on
Jul 16, 1999
Sold by
Bought by
Purchase Details
Closed on
Dec 3, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Eastside, MI
-
Gary Hobson
-
Rebeca Anderson Garty
Rebeca Anderson Garty
Keller Williams First
(810) 644-1355
84 Total Sales
1 in Eastside
$30,000 Price
-
Chris Gebrael
Chris Gebrael
Gebrael Management
(810) 766-6376
207 Total Sales
11 in Eastside
$13K - $52K Price Range
-
Bob Oligney
Bob Oligney
Century 21 Signature Realty
(810) 285-7986
140 Total Sales
2 in Eastside
$22K - $24K Price Range
-
Shannon Jones
Shannon Jones
ERA Prime Real Estate Group
(947) 282-4282
361 Total Sales
1 in Eastside
$39,900 Price
-
Amy Loomis
Amy Loomis
Five Star Real Estate Davison
(989) 341-6715
100 Total Sales
1 in Eastside
$70,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $275,000 | -- | ||
| $275,000 | None Available | ||
| $199,900 | Liberty Title | ||
| $155,000 | Centennial Title Co | ||
| $150,000 | Metropolitan Title Company | ||
| -- | Cislo Title Company | ||
| -- | Cislo Title Company | ||
| $111,200 | Cislo Title Company | ||
| -- | Stewart Title Guaranty Compa |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $220,000 | ||
| Previous Owner | $159,920 | ||
| Previous Owner | $118,125 | ||
| Previous Owner | $123,300 | ||
| Previous Owner | $15,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/08/2021 04/08/21 | Sold | $275,000 | +3.8% | $34 / Sq Ft | |
| 03/29/2021 03/29/21 | Pending | -- | -- | -- | |
| 02/05/2021 02/05/21 | For Sale | $265,000 | 0.0% | $33 / Sq Ft | |
| 01/14/2021 01/14/21 | Pending | -- | -- | -- | |
| 01/07/2021 01/07/21 | For Sale | $265,000 | +32.6% | $33 / Sq Ft | |
| 06/26/2019 06/26/19 | Sold | $199,900 | 0.0% | $25 / Sq Ft | View Prior Sale |
| 04/26/2019 04/26/19 | Pending | -- | -- | -- | |
| 03/29/2019 03/29/19 | For Sale | $199,900 | +24.9% | $25 / Sq Ft | |
| 11/18/2016 11/18/16 | Sold | $160,000 | -3.0% | $20 / Sq Ft | View Prior Sale |
| 10/05/2016 10/05/16 | Pending | -- | -- | -- | |
| 06/14/2016 06/14/16 | For Sale | $165,000 | -- | $21 / Sq Ft |
Source: Realcomp
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,211 | $70,100 | $0 | $0 |
| 2024 | $8,585 | $138,100 | $0 | $0 |
| 2023 | $8,230 | $125,600 | $0 | $0 |
| 2022 | $0 | $125,600 | $0 | $0 |
| 2021 | $6,783 | $111,100 | $0 | $0 |
| 2020 | $6,070 | $91,100 | $0 | $0 |
| 2019 | $4,111 | $80,900 | $0 | $0 |
| 2018 | $4,347 | $68,900 | $0 | $0 |
| 2017 | $5,305 | $0 | $0 | $0 |
| 2016 | $3,821 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2012 | -- | $54,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Kish
T
Seller's Agent in 2021
Timothy Kish
Ada Home Realty LLC
(248) 765-9509
1 in this area
11 Total Sales
-
Jamison Agnello
Buyer's Agent in 2021
Jamison Agnello
Brookstone, Realtors LLC
(586) 221-4458
122 Total Sales
-
Edward Constable
Seller's Agent in 2019
Edward Constable
Tremaine Real Estate
(810) 938-3339
3 in this area
300 Total Sales
-
N
Buyer's Agent in 2016
Non Member
Non-Member
Map
Source: Realcomp
MLS Number: 2210001452
APN: 41-05-133-038
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.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 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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