NOT LISTED FOR SALE

Estimated Value: $238,000

16 Beds
16 Baths
9,116 Sq Ft
$26/Sq Ft Est. Value

Last Sold April 21, 2015

Last sale price $82,000 $9 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,500/month

54 Days on Market

Highlights

  • 0.55 Acre Lot
  • 1-Story Property
  • Baseboard Heating

About This Home

As of April 2015

18 one bedroom units, 1 efficiency unit, total of 19 units, separate meters, on-site manager, on Bus line, 72 hours notice to show. No Land Contracts. Not a Short Sale. Buyers agent to verify all information.

Last Agent to Sell the Property

Barbara Sack

Signature Real Estate License #FAAR-123566 Listed on: 02/25/2015

Last Buyer's Agent

Non Member

Non-Member License #FAAR-123696

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.55 Acre Lot
  • 103 Ft Wide Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Full Bathrooms

Additional Features

  • 1-Story Property
  • Baseboard Heating

Community Details

  • 19 Units

Listing and Financial Details

  • Assessor Parcel Number 4116326010

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Originating MLS: East Central Association
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Amount: 6090
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Full Bathrooms: 16
  • Total Bathrooms: 16
  • Half Bathrooms: 6
  • Estimated Sq Ft: 9116

Exterior Features

  • Construction: Aluminum, Brick
  • Frontage: 103
  • Foundation Type: Slab
  • Frontage Type: Road

Utilities

  • Water: Community
  • Fuel Type: Electric
  • Heating System: Baseboard
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 4116326010
  • Acreage: 0.55
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Water/Sewer

Tax Info

  • Summer Tax: Amount: $5,767.00
  • Winter Tax: Amount: $323.00
  • Total Tax: Amount: $6,090.00

Multi Family

  • Total Units: 19

MLS Schools

  • School District: Flint City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Summit Management Group Ltd
Bought by
3425 Lapeer Rd Llc
Current Estimated Value
$238,000

Purchase Details

Closed on
Jun 5, 2013
Sold by
Liberation Land Company Vii Llc
Bought by
Hoti Marjana

Purchase Details

Closed on
Mar 16, 2012
Sold by
Lapeer Enterprises Llc
Bought by
Hoti Marjana

Purchase Details

Closed on
Dec 29, 2011
Sold by
Zshan Investment Solutions Llc
Bought by
Lapeer Enterprises Llc

Purchase Details

Closed on
Jun 29, 2010
Sold by
2841 Cochrane Llc
Bought by
Lapeer Enterprises Llc

Purchase Details

Closed on
Feb 27, 2008
Sold by
3425 Lapeer Llc
Bought by
2841 Cochrane Llc

Purchase Details

Closed on
Jul 26, 2006
Sold by
Cochrane Llc
Bought by
3425 Lapeer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2006
Sold by
3425 Lapeer Llc
Bought by
2841 Cochrane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2006
Sold by
Torres Natanael and Torres Rosa I
Bought by
2841 Cochrane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2003
Sold by
Swank Investments Llc
Bought by
Torres Natanael and Torres Rosa I

Purchase Details

Closed on
Apr 27, 2000
Sold by
Hedgepeth George D and Hedgepeth Ella F
Bought by
Cruppenink Rick G and Cruppenink Becky L
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
3425 Lapeer Rd Llc -- None Listed On Document
Hoti Marjana -- None Available
Hoti Marjana -- Liberty Title
Lapeer Enterprises Llc -- Liberty Title
Lapeer Enterprises Llc -- None Available
2841 Cochrane Llc -- None Available
3425 Lapeer Llc $225,001 Metropolitan Title Company
2841 Cochrane Llc -- Metropolitan Title Company
3425 Lapeer Llc $140,000 Metropolitan Title Company
2841 Cochrane Llc -- Metropolitan Title Company
Torres Natanael $220,000 Lawyers Title Insurance Corp
Cruppenink Rick G $160,000 Sargents Title Company
Swank Investments Llc $150,000 Sargents Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3425 Lapeer Llc $225,000
Previous Owner 3425 Lapeer Llc $210,000
Previous Owner 2841 Cochrane Llc $200,000
Previous Owner 2841 Cochrane Llc $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2015 04/21/15 Sold $82,000 -48.4% $9 / Sq Ft
03/22/2015 03/22/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $159,000 +6.0% $17 / Sq Ft
09/21/2012 09/21/12 Sold $150,000 -6.3% $16 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $160,000 -- $18 / 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 $11,418 $175,700 $0 $0
2023 $7,444 $166,100 $0 $0
2022 $0 $166,100 $0 $0
2021 $7,671 $152,900 $0 $0
2020 $6,863 $130,800 $0 $0
2019 $6,570 $130,800 $0 $0
2018 $6,974 $123,100 $0 $0
2017 $6,741 $0 $0 $0
2016 $6,682 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $86,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 30045262

Michigan Multiple Listing Service

APN: 41-16-326-010