NOT LISTED FOR SALE

Estimated Value: $40,000 - $70,000

2 Beds
1 Bath
672 Sq Ft
$77/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $29,900 $44 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $388/month

7 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • 1 Car Detached Garage
  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2020

EXCELLENT INVESTOR OPPORTUNITY! TURN-KEY PROPERTY WITH 17% CAP RATE! This is a nicely refinished 2 Bedroom Ranch with just under 700 sqft of living space. The interior of the home was completely refinished, and both decks refinished as well in 2019. This home is very charming and was a highly desired place among renters looking for a home. HOME IS OCCUPIED, DO NOT TRESPASS, DO NOT DISTURB!

Last Listed By

Chris Gustafson

Real Broker LLC License #6501407906 Listed on: 01/08/2020

Real Broker LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947 | Remodeled in 2019

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60.00x120.00

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 672 Sq Ft Home
  • Crawl Space
  • Free-Standing Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Deck
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Chevrolet Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4022280028

Home Details

Home Type

Single Family

Year Built

Built in 1947 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch, Traditional
  • Architecture Level: 1 Story
  • Year Built: 1947
  • State Equalized Value: 8100.0000
  • Year Renovated: 2019
  • Entry Location: Ground Level
  • Pets Allowed: Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Free-Standing Electric Range, Free-Standing Refrigerator
  • Sq Ft Combined: 672
  • Total Sq Ft: 672

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Flint

Lot Info

  • List Price per Acre: 205294.1176
  • Lot Size Area: 0.17
  • Lot Dimensions: 60.00X120.00
  • Parcel Number: 4022280028

Tax Info

  • Tax Amount Summer: 1129.0000
  • Tax Amount Winter: 48.0000
  • Total Tax: 1177.0000
  • Taxable Value: 8100.0000

MLS Schools

  • School District: Flint

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2021
Sold by
Fleetwood Linval and Fleetwood Keith A
Bought by
Nom Estates Properties Aa2 Llc
Total Days on Market
7
Current Estimated Value
$51,933

Purchase Details

Listed on
Dec 20, 2018
Closed on
Apr 1, 2019
Sold by
Federal National Mortgage Association
Bought by
Gustafson Chris Glen
Seller's Agent
Ryan McFarlane
McFarlane Group Real Estate LLC
Buyer's Agent
Chris Gustafson
Real Broker LLC
List Price
$11,000
Sold Price
$4,095
Premium/Discount to List
-$6,905
-62.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.45%

Purchase Details

Closed on
Dec 13, 2017
Sold by
Loy William R and Loy Sara J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 2003
Sold by
Mchale Sharna and Coggins John
Bought by
Loy William R and Loy Sara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,700
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1999
Sold by
Shaw K D
Bought by
Mchale Sharna and Coggins John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,600
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 1999
Sold by
Shaw K D
Bought by
Mchale Sharna and Coggins John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,600
Interest Rate
8%
Mortgage Type
Seller Take Back

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
Nom Estates Properties Aa2 Llc -- None Available
Gustafson Chris Glen $4,095 None Available
Federal National Mortgage Association -- None Available
Loy William R $33,000 Lawyers Title
Mchale Sharna $34,600 --
Mchale Sharna $34,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loy William R $36,900
Previous Owner Loy William R $29,700
Previous Owner Mchale Sharna $26,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $29,900 -14.3% $44 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $34,900 +752.3% $52 / Sq Ft
04/08/2019 04/08/19 Sold $4,095 -62.8% $6 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $11,000 -- $16 / 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 $1,191 $17,500 $0 $0
2023 $1,161 $13,900 $0 $0
2022 $0 $13,000 $0 $0
2021 $1,064 $11,000 $0 $0
2020 $871 $9,200 $0 $0
2019 $655 $9,500 $0 $0
2018 $1,178 $8,100 $0 $0
2017 $645 $0 $0 $0
2016 $641 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $10,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200001853

Realcomp

APN: 40-22-280-028