$150,000
SOLD MAR 18, 2022

3485 Ridgecliffe Dr Flint, MI 48532

4 Beds
4 Baths
2,088 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

3% Below List Price

0 Day on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • High Speed Internet
  • Private Entrance

About This Home

As of August 2024

Great Investment Opportunity! Flint Township, Detroit Water. Clean, Non-Smoking 4 unit well-kept apartment building. Each unit has 1 bedroom, 1 full bathroom, living room, dining room and kitchen with walkout slider. Interior boasts pride of ownership. All 4 units fully occupied with nearly zero vacancy rate. Currently rents $470-$475/mo, income potential $1,850/mo plus additional coin laundry in basement. Extra wide entrance drive and parking lot. New roof in 2021, new rebuilt chimney in 2021, new sump pump 2021, front door and digital passcode entry to each unit. Each unit has its own storage closet in basement with large locked master storage area. Owner is also selling 3462 Ridgecliffe Drive.

Last Agent to Sell the Property

Ashley Kautman

Berkshire Hathaway HomeServices Michigan Real Est License #6501434321 Listed on: 02/25/2022

Berkshire Hathaway HomeServices Michigan Real Est

Last Buyer's Agent

Tim Sarver

License #124819

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1965

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80.00x130.00
  • Private Entrance

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2,088 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Parking

  • 4 Parking Spaces
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0715502032

Community Details

Overview

  • 4 Units
  • Hunters Ridge No 2 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,528

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 553.22
  • Year Built: 1965
  • State Equalized Value: 53700.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Private Storage Locker, Private
  • Sq Ft Combined: 2088
  • Total Sq Ft: 2088
  • Sq Ft Total Bsmt: 1044

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Private Entry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Carman-Ainsworth

Lot Info

  • Lot Size Area: 0.24
  • Lot Dimensions: 80.00X130.00
  • Parcel Number: 0715502032
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1895

Tax Info

  • Tax Amount Summer: 2089.0000
  • Tax Amount Winter: 1439.0000
  • Total Tax: 3528.0000
  • Taxable Value: 51511.0000

Multi Family

  • Gross Scheduled Income: 22740.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Carman-Ainsworth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 30, 2024
Sold by
Kdc Rentals Llc
Bought by
Derivative Properties Llc
Seller's Agent
Tim Sarver
Piper Realty Company
Buyer's Agent
Jason Decker
RE/MAX United (Main)
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Views
53
Current Estimated Value
$245,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,131
Avg. Annual Appreciation
2.00%

Purchase Details

Closed on
Nov 13, 2018
Sold by
Gailitis Justin and Jones Stephanie A
Bought by
3485 Ridgecliffe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2018
Sold by
Shelbee Holdings Llc
Bought by
Mcconnell Jason and Mcconnell Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2016
Closed on
Dec 20, 2016
Sold by
Shelbee Holdings Llc
Bought by
Mcconnell Jason and Mcconnell Nicole
Seller's Agent
Dale Wolbert
Century 21 Signature Realty
Buyer's Agent
Jason Mcconnell
Century 21 Signature Realty
List Price
$64,900
Sold Price
$61,000
Premium/Discount to List
-$3,900
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.21%

Purchase Details

Listed on
Apr 19, 2013
Closed on
Feb 3, 2014
Sold by
Harris Aubrey A
Bought by
Shelbee Holdings Llc
Seller's Agent
Michael Sanchez
REMAX Edge
Buyer's Agent
Michael Sanchez
REMAX Edge
List Price
$59,900
Sold Price
$51,000
Premium/Discount to List
-$8,900
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Sep 29, 2010
Sold by
Veness James and Nationstar Mortgage Llc
Bought by
The Federal National Mortgage Associatio

Purchase Details

Closed on
Jul 6, 1999
Sold by
Pruett Ronnie D and Pruett Mary E
Bought by
Veness James
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 Type Sale Price Title Company
Warranty Deed $240,000 Liberty Title
Quit Claim Deed -- None Available
Warranty Deed $95,000 Sargents Title Co
Warranty Deed $61,000 Sargents Title Co
Land Contract -- None Available
Warranty Deed $51,000 First American Title Ins Co
Sheriffs Deed $59,787 None Available
Warranty Deed $107,000 Sargents Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $71,250 New Conventional
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $240,000 -3.6% $115 / Sq Ft
07/08/2024 07/08/24 For Sale $249,000 +66.0% $119 / Sq Ft
03/18/2022 03/18/22 Sold $150,000 -3.2% $72 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $154,900 +153.9% $74 / Sq Ft
12/21/2016 12/21/16 Sold $61,000 -6.0% $23 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $64,900 +27.3% $25 / Sq Ft
02/07/2014 02/07/14 Sold $51,000 -14.9% $20 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
04/19/2013 04/19/13 For Sale $59,900 +106.6% $23 / Sq Ft
04/25/2012 04/25/12 Sold $29,000 -48.1% $11 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $55,900 -- $22 / 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 $2,753 $70,800 $0 $0
2023 $2,602 $64,600 $0 $0
2022 $1,478 $55,900 $0 $0
2021 $1,448 $53,700 $0 $0
2020 $2,033 $50,800 $0 $0
2019 $2,025 $50,300 $0 $0
2018 $3,227 $47,200 $0 $0
2017 $3,196 $47,200 $0 $0
2016 $3,006 $47,500 $0 $0
2015 $2,471 $42,900 $0 $0
2014 $1,705 $41,100 $0 $0
2012 -- $42,900 $42,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220012155

Realcomp

APN: 07-15-502-032